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Indian Succession Act, 1925 Section 26

Title: Collateral Consanguinity

State: Central

Year: 1925

(1) Collateral consanguinity is that which subsists between two persons who are descended from the same stock or ancestor, but neither of whom is descended in a direct line from the other. (2) For the purpose of ascertaining in what degree of kindred any collateral relative stands to a person deceased, it is necessary to reckon upwards from the person deceased to the common stock and then downwards to the collateral relative, a degree being allowed for each person, both ascending and descending.

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Industrial Reconstruction Bank of India Act, 1984 Section 41

Title: Power of Reconstruction Bank Relating to Property Offered as Primary or Collateral Security

State: Central

Year: 1984

.....of the dues of the Reconstruction Bank and the residue of the money so received shall be paid to the person entitled thereto in accordance with his rights and interests. (4) The Reconstruction Bank may, instead of exercising the powers conferred on it by sub-section (1), apply for the sale or lease of the property referred to in sub section (1) or for any other relief, to the High Court within the local limits of whose jurisdiction the property aforesaid is situated, and, thereupon, the provisions of section 40 shall, without prejudice to the provisions of section 69 of the Transfer of Property Act, 1882, apply thereto as if the property aforesaid were the property referred to in section 40, and powers shall be exercisable by the High Court accordingly.

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The Kerala State Aid to Industries Act, 1963 Complete Act

State: Kerala

Year: 1963

.....any specific development programme; (5)˜cottage industry' means an industrial business or enterprise carried on in any premises to which the Factories Act, 1948 (Central Act 63 of 1948), does not apply, and includes dairy farming, bee-keeping and keeping a poultry farm; (6)˜small scale industry' means an industrial business or enterprise the capital invested in which does not exceed five lakhs of rupees; (7)˜village industry' means any industry which forms the normal occupation, whether whole-time or part-time, of any class of the rural population of the State; (8)˜machinery' includes plant, apparatus, tools and other appliances required for the purpose of carrying on any industrial operation or process; (9)˜owner' means the person who owns any industrial undertaking and includes the successor-in-interest of such person in respect of such undertaking; (10)˜prescribed' means prescribed by rules made under this Act; (11)˜State means the State of Kerala; (12)˜State aid' means any aid given by or on behalf of the Government under the provisions of this Act and the rules, if any, made thereunder. CHAPTER II The State aid to.....

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Industrial Reconstruction Bank of India Act, 1984 Complete Act

State: Central

Year: 1984

.....charges and commission payable in relation thereto; (i) "industrial concern"- (1) means any concern engaged, or to be engaged, in- (i) the manufacture, preservation or processing of goods; (ii) shipping; (iii) mining; (iv) the hotel industry; (v) the transport of passengers or goods by road or by water or by air or by ropeway or by lift; (vi) the generation or distribution of electricity or any other form of power; (vii) the maintenance, repair, testing or servicing of machinery of any description or vehicles orvessels or motor boats or trailers or tractors; (viii) assembling, repairing or packing any article with the aid of machinery or power; (ix) the development of any contiguous area of land as an industrial estate; (x) fishing or providing shore facilities for fishing or maintenance thereof; (xi) providing special or technical knowledge or other services for the promotion of industrial growth; or (xii) the research and development of any process or product in relation to any of the matters aforesaid, (2) and includes- (i) an undertaking owned, controlled or managed by a company, firm or other body corporate, which is, or is to be, so engaged. (ii) such other concern.....

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Succession Act, 1925 Complete Act

State: Central

Year: 1925

.....of determining questions as to what person or what property is denoted by any words used in a will, a Court shall inquire into every material fact relating to the persons who claim to be interested under such will, the property which is claimed as the subject of disposition, the circumstances of the testator and of his family, and into every fact a knowledge of which may conduce to the right application of the words which the testator has used. SECTION 76: MISNOMER OR MISS DESCRIPTION OF OBJECT (1) Where the words used in a will to designate or describe a legatee or a class of legatees sufficiently show what is meant, an error in the name or description shall not prevent the legacy from taking effect. (2) A mistake in the name of a legatee may be corrected by a description of him, and a mistake in the description of a legatee may be corrected by the name. SECTION 77: WHEN WORDS MAY BE SUPPLIED Where any word material to the full expression of the meaning has been omitted, it may be supplied by the context. SECTION 78: REJECTION OF ERRONEOUS PARTICULARS IN DESCRIPTION OF SUBJECT If the thing which the testator intended to bequeath can be sufficiently identified.....

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The Meghalaya Water Act, 2011 Complete Act

State: Meghalaya

Year: 2011

.....owner of a dam with a safety risk must promptly inform the State Government of the succession, for the substitution of the name of the owner. 18. Factors to be considered in declaring dam or category of dams with safety risk In declaring a category of dams or a dam to be a category of dams or a dam with a safety risk, the State Government must consider" (a) the need to protect the public, property and the resource quality against the potential hazard posed by the dam or category of dams; (b) the extent of potential loss or harm involved; (c) the cost of any prescribed measures and whether they are reasonably achievable; (d) the socio-economic impact if such a dam fails; and (e) in the case of a particular dam, also" (i) the manner in which that dam is designed, constructed, altered, repaired, operated, inspected, maintained or abandoned; (ii) the person by whom that dam is designed, constructed, altered, repaired, operated, inspected, maintained or abandoned; and (iii) the manner in which the water is contained, stored or impounded in that dam. CHAPTER VII USE AND MANAGEMENT OF STATE OWNED WATER SYSTEM 19. Specific Features of Transfer of Use Rights for.....

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Indian Succession Act, 1925 Part 4

Title: Of Consangunity

State: Central

Year: 1925

.....mother; or (b) between those who are related to a person deceased by the full blood, and those who are related to him by the half blood; or (c) between those who were actually born in the lifetime of a person deceased, and those who at the date of his death were only conceived in the womb, but who have been subsequently born alive. Section 28 - Mode of computing of degrees of kindred Degrees of kindred are computed in the manner set forth in the table of kindred set out in Schedule I. Illustrations (i) The person whose relatives are to be reckoned, and his cousin-german, or first cousin, are, as shown in the table, related in the fourth degree; there being one degree of ascent to the father, and another to the common ancestor, the grandfather; and from him one of ascent to the uncle, and another to the cousin-german, making in all four degrees. (ii) A grandson of the brother and a son of the uncle, i.e., a great-nephew and a cousin-german, are in equal degree, being each four degree removed. (iii) A grandson of a cousin-german is in the same degree as the grandson of a great-uncle, for they are both in the sixth degree of kindred.

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Industrial Reconstruction Bank of India Act, 1984 Chapter VIII

Title: Special Powers of the Reconstruction Bank

State: Central

Year: 1984

.....mortgaged or pledged to the Reconstruction Bank as a security for assistance is not insured and kept insured by the industrial concern to the satisfaction of the Reconstruction Bank or if such property depreciates in value to such an extent that, in the opinion of the Board, further security to the satisfaction of the Board should be given and such security is not given; or (e) if, without the permission of the Board, any machinery, plant or other equipment, whether, forming part of the security or otherwise, is removed from the premises of the undertaking or the industrial concern, as the case may be, without being replaced; or (f) if for any other reason, it is necessary so to do to protect the interests of the Reconstruction Bank. Section 39 - Rights of Reconstruction Bank in case of default (1) Where an assisted industrial concern, which is under a liability to the Reconstruction Bank under any agreement with the Bank, makes any default in the payment of any dues, or in meeting its obligation in relation to any other assistance given by the Reconstruction Bank or otherwise fails to comply with the terms of the agreement with that Bank, the Reconstruction Bank shall.....

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Finance Act 1965 Section 69

Title: Amendment of Act 34 of 1953

State: Central

Year: 1965

.....is reserved or secured directly or indirectly to the donor under the relevant disposition or under any collateral disposition."; (iii) in sub-section (2) of section 11, - (a) for the words "two years", wherever they occur, the words "one year" shall be substituted; (b) after the first proviso, the following proviso shall be inserted, namely :- "Provided further that where the disposition or determination of an interest limited to cease on the death in a house or part thereof was effect or suffered in favour of the spouse, son, daughter, brother or sister, then, the disposition or determination shall, notwithstanding the residence therein of the person who immediately before the disposition or determination had the interest, be deemed to be excepted by this sub-section save where a right of residence therein is reserved or secured directly or indirectly to such person under the relevant disposition or under any collateral disposition."; (iv) in sub-section (1) of section 12, - (a) in the proviso, for the words "two years", the words "one year" shall be substituted; (b) after the proviso and before the Explanation, the following proviso shall be inserted, namely.....

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Estate Duty Act, 1953 Complete Act

State: Central

Year: 1953

.....apply to- (a) gifts made in consideration of marriage, subject to a maximum of rupees then thousand in value; (b) gifts which are proved to the satisfaction of the Conroller to have been part of the normal expenditure of the deceased, subject to a maximum of rupees ten thousand in value.] SECTION 10: Gifts whenever made where donor not entirely excluded: Property taken under any gift, whenever made, shall be deemed to pass on the donor's death to the extent that bona fide possession and enjoyment of it was not immediately assumed by the donee and thence- forward retained to the entire exclusion of the donor or of any benefit to him by contract or otherwise: Provided that the property shall not be deemed to pass by reason only that it was not, as from the date of the gift, exclusively retained as aforesaid, if, by means of the surrender of the reserved benefit or otherwise, it is subsequently enjoyed the entire exclusion of the donor or of any benefit of him for at least [two years] before the death. [Provided further that a house or part thereof taken under any gift made to the spouse, son, daughter, brother or sister, shall not be deemed to pass on the donor's death by.....

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