Bare Act Search Results

Companies (Amendment) Act, 2015 Complete Act

State: Central

Year: 2015

.....be omitted; (ii) in clause (71), in sub-clause (b), the words of five lakh rupees or such higher paid-up capital, shall be omitted. Amendment of section 9. 3. In section 9 of the principal Act, the words and a common seal shall be omitted. Omission of section 11 4. Section 11 of the principal Act, shall be omitted. Amendment of section 12. 5. In section 12 of the principal Act, in sub-section (3), for clause (b), the following clause shall be substituted, namely: (b) have its name engraved in legible characters on its seal, if any; . Amendment of section 22 6. In section 22 of the principal Act, (i) in sub-section (2), (a) for the words under its common seal , the words under its common seal, if any, shall be substituted; (b) the following proviso shall be inserted, namely: Provided that in case a company does not have a common seal, the authorisation under this sub-section shall be made by two directors or by a director and the Company Secretary, wherever the company has appointed a Company Secretary. ; (ii) in sub-section (3), the words and have the effect as if it were made under its common seal shall be omitted. Amendment of section 46 7. In section 46 of the.....

The Mines And Minerals (Development And Regulation) Amendment Act, 2015 Complete Act

State: Central

Year: 2015

.....AND REGULATION) AMENDMENT ACT, 2015 NO. 10 OF 2015 [26th March, 2015.] An Act further to amend the Mines and Minerals (Development and Regulation) Act, 1957. Be it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows: Short title and commencement 1. (1) This Act may be called the Mines and Minerals (Development and Regulation) Amendment Act, 2015. (2) It shall be deemed to have come into force on the 12th day of January, 2015. Amendment of section 3. 2. In the Mines and Minerals (Development and Regulation) Act, 1957 (hereinafter referred to as the principal Act), in section 3, (i) after clause (e), the following clause shall be inserted, namely: (ea) notified minerals means any mineral specified in the Fourth Schedule; ; (ii) after clause (g), the following clause shall be inserted, namely: (ga) prospecting licence-cum-mining lease means a two stage concession granted for the purpose of undertaking prospecting operations followed by mining operations; ; (iii) in clause (hb), the word and , occurring at the end, shall be omitted; (iv) after clause (hb), the following clause shall be inserted, namely: (hc) Special Court means a Court.....

The Commercial Courts, Commercial Division &Amp; Commercial Appellate Division Of High Courts Act, 2015 Complete Act

State: Central

Year: 2015

.....APPELLATE DIVISION OF HIGH COURTS ACT, 2015 THE COMMERCIAL COURTS, COMMERCIAL DIVISION & COMMERCIAL APPELLATE DIVISION OF HIGH COURTS ACT, 2015 NO. 4 OF 2016 An Act to provide for the constitution of Commercial Courts, Commercial Division and Commercial Appellate Division in the High Courts for adjudicating commercial disputes of specified value and matters connected therewith or incidental thereto. Be it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows: CHAPTER I PRELIMINARY Short title, extent and commencement. 1. (1) This Act may be called the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015. (2) It extends to the whole of India except the State of Jammu and Kashmir. (3) It shall be deemed to have come into force on the 23rd day of October, 2015. Definitions. 2. (1) In this Act, unless the context otherwise requires, (a) Commercial Appellate Division means the Commercial Appellate Division in a High Court constituted under sub-section (1) of section 5; (b) Commercial Court means the Commercial Court constituted under sub-section (1) of section 3; (c) commercial dispute .....

The Mines And Minerals (Development And Regulation) Amendment Ordinance, 2015 Complete Act

State: Central

Year: 2015

.....Amendment Ordinance, 2015. (2) It shall come into force at once. 2. Amendment of section 3. In the Mines and Minerals (Development and Regulation) Act, 1957 (hereinafter referred to as the principal Act), in section 3, - (i) after clause (e), the following clause shall be inserted, namely:- (ea) notified minerals means any mineral specified in the Fourth Schedule, ; (ii) after clause (g), the following clause shall be inserted, namely:- (ga) prospecting licence-cum-mining lease means a two stage concession granted for the purpose of undertaking prospecting operations followed by mining operations; ; (iii) in clause (hb), the word and occurring at the end shall be omitted; (iv) after clause (hb), the following clause shall be inserted, namely:- (hc) Special Court means a Court of Session designated as Special Court under sub-section (1) of section 30B; and . 3. Amendment of section 4 In section 4 of the principal Act, in the second proviso to sub-section (1), for the words and figures section 617 of the Companies Act, 1956 , the words, brackets and figures clause (45) of section 2 of the Companies Act, 2013, and any such entry that may be notified for this purpose.....

The Apprentices (Amendment) Act, 2014 Complete Act

State: Central

Year: 2014

.....in the Official Gazette, appoint. 52 of 1961 Amendment of section 2 2. In the Apprentices Act, 1961 (hereinafter referred to as the principal Act), in section 2, (i) in clause (d), in sub-clause (1), after item (b), the following item shall be inserted, namely: (bb) any establishment which is operating business or trade from different locations situated in four or more States, or; (ii) for clauses (e), (j) and (k), the following clauses shall respectively be substituted, namely: (e) designated trade means any trade or occupation or any subject field in engineering or non-engineering or technology or any vocational course which the Central Government, after consultation with the Central Apprenticeship Council, may, by notification in the Official Gazette, specify as a designated trade for the purposes of this Act; ( j) graduate or technician apprentice means an apprentice who holds, or is undergoing training in order that he may hold a degree or diploma in engineering or non-engineering or technology or equivalent qualification granted by any institution recognised by the Government and undergoes apprenticeship training in any designated trade; (k) industry means any.....

The Indian Institutes Of Information Technology Act, 2014 Complete Act

State: Central

Year: 2014

.....and with the same rights and privileges as to pension, leave, gratuity, provident fund and other matters as he would have held the same if this Act had not been enacted and shall continue to do so unless and until his employment is terminated or until such tenure, remuneration and terms and conditions are duly altered by the Statutes: Provided that if the alteration so made is not acceptable to such employee, his employment may be terminated by the Institute in accordance with the terms of the contract with the employee or, if no provision is made therein in this behalf, on payment, to him by the Institute, of compensation equivalent to three months remuneration in case of permanent employees and one months remuneration in the case of other employees: Provided further that any reference, by whatever form of words, to the Director, Registrar and other officers of an existing Institute mentioned in column (3) of the Schedule, in any law for the time being in force, or in any instrument or other document, shall be construed as a reference to the Director, Registrar and other officers of the corresponding Institute mentioned in column (5) of the Schedule; (e) every person.....

The Rani Lakshmi Bai Central Agricultural University Act, 2014 Complete Act

State: Central

Year: 2014

.....proposes to take or has been taken by it upon the results of such inspection or inquiry. (8) Where the Board does not, within reasonable time, take action to the satisfaction of the Visitor, the Visitor may, after considering any explanation furnished or representation made by the Board, issue such directions as he may think fit and the Board shall be bound to comply with such directions. (9) Without prejudice to the foregoing provisions of this section, the Visitor may, by an order in writing, annul any proceeding of the University which is not in conformity with this Act, the Statutes or the Ordinances: Provided that before making any such order, he shall call upon the University to show cause why such an order should not be made and, if any cause is shown within a reasonable time, he shall consider the same. (10) The Visitor shall have such other powers as may be prescribed by the Statutes. Officers of the University. 10. The following shall be the officers of the University, namely: (1) the Chancellor; (2) the Vice-Chancellor; (3) the Deans; (4) the Directors; (5) the Registrar; (6) the Comptroller; (7) the University Librarian; and (8) such other officers as may be.....

Companies Act, 2013, Section 464

Title: Prohibition of Association or Partnership of Persons Exceeding Certain Number

State: Central

Year: 2013

(1) No association or partnership consisting of more than such number of persons as may be prescribed shall be formed for the purpose of carrying on any business that has for its object the acquisition of gain by the association or partnership or by the individual members thereof, unless it is registered as a company under this Act or is formed under any other law for the time being in force: Provided that the number of persons which may be prescribed under this sub-section shall not exceed one hundred. (2) Nothing in sub-section (1) shall apply to-- (a) a Hindu undivided family carrying on any business; or (b) an association or partnership, if it is formed by professionals who are governed by special Acts. (3) Every member of an association or partnership carrying on business in contravention of sub-section (1) shall be punishable with fine which may extend to one lakh rupees and shall also be personally liable for all liabilities incurred in such business.

Companies Act, 2013, Section 442

Title: Mediation and Conciliation Panel

State: Central

Year: 2013

.....between the parties during the pendency of any proceedings before the Central Government or the Tribunal or the Appellate Tribunal under this Act. (2) Any of the parties to the proceedings may, at any time during the proceedings before the Central Government or the Tribunal or the Appellate Tribunal, apply to the Central Government or the Tribunal or the Appellate Tribunal, as the case may be, in such form along with such fees as may be prescribed, for referring the matter pertaining to such proceedings to the Mediation and Conciliation Panel and the Central Government or Tribunal or the Appellate Tribunal, as the case may be, shall appoint one or more experts from the panel referred to in sub-section (1). (3) The Central Government or the Tribunal or the Appellate Tribunal before which any proceeding is pending may, suo motu, refer any matter pertaining to such proceeding to such number of experts from the Mediation and Conciliation Panel as the Central Government or the Tribunal or the Appellate Tribunal, as the case may be, deems fit. (4) The fee and other terms and conditions of experts of the Mediation and Conciliation Panel shall be such as may be prescribed. .....

Companies Act, 2013, Section 447

Title: Punishment for Fraud

State: Central

Year: 2013

.....in the fraud, but which may extend to three times the amount involved in the fraud: Provided that where the fraud in question involves public interest, the term of imprisonment shall not be less than three years. Explanation. -- For the purposes of this section-- (i) "fraud" in relation to affairs of a company or any body corporate, includes any act, omission, concealment of any fact or abuse of position committed by any person or any other person with the connivance in any manner, with intent to deceive, to gain undue advantage from, or to injure the interests of, the company or its shareholders or its creditors or any other person, whether or not there is any wrongful gain or wrongful loss; (ii) "wrongful gain" means the gain by unlawful means of property to which the person gaining is not legally entitled; (iii) "wrongful loss" means the loss by unlawful means of property to which the person losing is legally entitled.