Bare Act Search Results

Insurance Act, 1938 Complete Act

State: Central

Year: 1938

.....be made under the foregoing provisions of this section before the application for registration is made whether any such application is or is not in fact made]. (8) A deposit made in cash shall be held by the Reserve Bank of India to the credit of the insurer and shall 153[a] Inserted and deemed always to have been inserted by the Insurance (Amendment) Act, 1940 (20 of 1940), Section 4. [except to the extent, if any, to which the cash has been invested in securities under sub-section (9A)], be returnable to the insurer in cash in any case in which under the provisions of this Act a deposit is to be returned; and any interest accruing due and collected on securities deposited under sub-section (1) or sub-section (2) shall be paid to the insurer, subject only to deduction of the normal commission chargeable for the realization of interest. 154[a] Sub-sections (9), (9A) and (9B) were substituted and deemed always to have been substituted by Act 20 of 1940, Section 4. [(9) The insurer may at any time replace any securities deposited by him under this section with the Reserve Bank of India either by cash or by other approved securities or partly cash and partly by other approved.....

Narcotic Drugs and Psychotropic Substances Act, 1985 Section 68L

Title: Procedure in Relation to Certain Trust Properties

State: Central

Year: 1985

.....of thirty days specified in the notice, to explain the source of money or other assets out of or by means of which such property was acquired or, as the case may be, the source of money or other assets which were contributed to the trust for acquiring such property and thereupon such notice shall be deemed to be a notice served under section 68H and all the other provisions of this Chapter shall apply accordingly. Explanation.--For the purposes of this section "illegally acquired property", in relation to any property held in trust, includes-- (i) any property which if it had continued to be held by the author of the trust or the contributor of such property to the trust would have been illegally acquired property in relation to such author or contributor; (ii) any property acquired by the trust out of any contributions made by any person which would have been illegally acquired property in relation to such person had such person acquired such property out of such contributions.

Wild Life (Protection) Act, 1972 Section 58L

Title: Procedure in Relation to Certain Trust Properties

State: Central

Year: 1972

.....of thirty days specified in the notice, to explain the source of money or other assets out of or by means of which such property was acquired or, as the case may be, the source of money or other assets which were contributed to the trust for acquiring such property and thereupon such notice shall be deemed to be a notice served under section 58H and all the other provisions of this Chapter shall apply accordingly. Explanation.For the purposes of this section "illegally acquired property" in relation to any property held in trust, includes (i) any property which if it had continued to be held by the author of the trust or the contributor of such property to the trust would have been illegally acquired property in relation to such author or contributor; (ii) any property acquired by the trust out of any contributions made by any person which would have been illegally acquired property in relation to such person had such person acquired such property out of such contributions.

Wild Life (Protection) Amendment Act, 2002 Section 34

Title: Insertion of New Chapter Via

State: Central

Year: 2002

.....Government under section 58-I and it is a case where the source of only a part of the illegally acquired property has not been proved to the satisfaction of the competent authority, it shall make an order giving option to the person affected to pay, in lieu of forfeiture, a fine equal to the market value of such part. (2) Before making an order imposing a fine under sub-section (1), the person affected shall be given a reasonable opportunity of being heard. (3) Where the person affected pays the fine due under sub-section (1), within such time as may be allowed in that behalf, the competent authority may, by order revoke the declaration of forfeiture under section 58-I and thereupon such property shall stand released. 58L. Procedure in relation to certain trust properties.-- In the case of any person referred to in sub-clause (vi) of clause (b) of section 58B, if the competent authority, on the basis of the information and materials available to it, for reasons to be recorded in writing believes that any property held in trust is illegally acquired property, it may serve a notice upon the author of the trust, or as the case may be, the contributor of the assets out of.....

Smugglers and Foreign Exchange Manipulators Forfeiture of Property) Act, 1976 Section 10

Title: Procedure in Relation to Certain Trust Properties

State: Central

Year: 1976

.....ordinarily be less than thirty days, to explain the source of the money or other assets out of or by means of which such property was acquired or, as the case may be, the source of the money or other assets which were contributed to the trust for acquiring such property and thereupon such notice shall be deemed to be a notice served under section 6 and all the other provisions of this Act shall apply accordingly. Explanation.For the purposes of this section "illegally acquired property", in relation to any property held in trust, includes (i) any property which if it had continued to be held by the author of the trust or the contributor of such property to the trust would have been illegally acquired property in relation to such author or contributor; (ii) any property acquired by the trust out of any contributions made by any person which would have been illegally acquired property in relation to such person had such person acquired such property out of such contributions.

Narcotic Drugs and Psychotropic Substances Act, 1985 Complete Act

State: Central

Year: 1985

.....cannabis; (v) "coca derivative" means (a) crude cocaine, that is, any extract of coca leaf which can be used, directly or indirectly, for the manufacture of cocaine; (b) ecgonine and all the derivatives of ecgonine from which it can be recorded; (c) cocaine, that is, methyl ester of benzoyl ecgonine and its salts; and (d) all preparations containing more than 0.1 per cent. of cocaine; (vi) "coca leaf means (a) the leaf of the coca plant except a leaf from which all ecgonine, cocaine and any other ecgonine alkaloids have been removed; (b) any mixture thereof with or without any natural material but does not Include any preparation containing not more than 0.1 per cent. of cocaine; (vii) "coca plant" means the plant of any species of the genus Erythroxylon; 3(viia) "commercial quantity", in relation to narcotic drugs and psychotropic substances, means any quantity greater than the quantity specified by the Central Government by notification in the Official Gazette; (viib) "controlled delivery" means the technique of allowing illicit or suspect consignments of narcotic drugs, psychotropic substances, controlled substances or substances substituted for them to pass out of, or.....

Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 Complete Act

State: Central

Year: 1976

.....is hereby provided that the question whether any person is a person to whom the provisions of this Act apply may be determined with reference to any facts, circumstances or events (including any conviction or detention) which occurred or took place before the commencement of this Act. SECTION 2A: ACT NOT TO APPLY TO CERTAIN PERSONS On and from the commencement of the provisions of Chapter VA of the Narcotic Drugs and Psychotropic Substances Act, 1985 (61 of 1985), the provisions of this Act shall not apply to persons in relation to whom any order, or proceeding, may be made or taken under that Chapter.] SECTION 03: DEFINITIONS (1) In this Act, unless the context otherwise requires,- (a) "Appellate Tribunal" means the Appellate Tribunal for Forfeited Property constituted under section 12-; (b) "competent authority" means an officer of the Central Government authorised by it under subsection (1) of section 5-to perform the functions of a competent authority under this Act; (c) "illegally acquired property", in relation to any person to whom this Act applies, means- (i) any property acquired by such person, whether before or after the commencement of this Act, wholly or partly out.....

Income Tax Act, 1961 Schedule IV

Title: Recognised Provident Funds

State: Central

Year: 1961

.....An order according recognition to a provident fund shall not, unless the Chief Commissioner or Commissioner otherwise directs, be affected by the fact that the fund is subsequently amalgamated with another provident fund on the occurrence of an amalgamation of the undertakings in connection with which the two funds are maintained, or that it subsequently absorbs the whole or a part of another provident fund belonging to an undertaking which is wholly or in part transferred to or merged in the undertaking of the employer maintaining the first-mentioned fund. 4. Conditions to be satisfied by recognised provident funds. In order that a provident fund may receive and retain recognition, it shall, subject to the provisions of rule 5, satisfy the conditions set out below and any other conditions which the Board may, by rules, specify (a) all employees shall be employed in India, or shall be employed by an employer whose principal place of business is in India ; (b) the contributions of an employee in any year shall be a definite proportion of his salary for that year, and shall be deducted by the employer from the employees salary in that proportion, at each periodical.....

Imperial Library (Indentures Validation) Act, 1902 Complete Act

State: Central

Year: 1902

.....hereafter applied; It is hereby enacted as follows :- SECTION 01: SHORT TITLE This Act may be called The Imperial Library (Indentures Validation) Act, 1902. SECTION 02: VALIDATION OF INDENTURES SET FORTH IN SCHEDULES (1) Notwithstanding anything contained inthe Societies Registration Act, 1860-, or in any other enactment or rule of law for the time being in force, the property expressed or intended to be transferred to the Secretary of State for India in Council by the indentures, whereof copies are set forth in the first and second schedules, respectively, to this Act, shall be deemed and taken to have been so transferred absolutely as and from the dates of the said indentures respectively; and the said several indentures are hereby declared valid and operative as from the said dates respectively. (2) The said indentures shall be, and from the dates thereof respectively shall be deemed to have been, valid and binding for all purposes whatsoever, and as agent all persons whomsoever claiming any right to, or any interest in or any relief respecting the property or any portion thereof, expressed or intended to be transferred thereby respectively either as members of the.....

Maharashtra Textile Companies (Acquisition and Transfer of Undertakings) Act, 1982 Complete Act

State: Maharashtra

Year: 1982

.....production of Goods essential to the needs of the country and for matters connected therewith or incidental thereto. WHEREAS Messrs. Vijay Manufacturing Company (Private) Limited, Badnera and Messrs. Western India Spinning and Manufacturing Company Limited, Bombay, owning industrial undertakings were engaged in production of articles mentioned in the First Schedule to the Industries (Development and Regulation) Act, 1951, i.e. textiles; AND WHEREAS the companies are being wound up under the supervision of the Bombay High Court and the business of these companies is not being continued; AND WHEREAS the management of the industrial undertakings of the two companies had been taken over by the Maharashtra State Textile Corporation Limited, Bombay, on behalf of the Government of India, under section 18FA of the said Act; AND WHEREAS it is expedient to acquire the said undertakings for ensuring continued production of goods essential to the needs of State and the country and to provide, for matters, connected therewith, or incidental thereto; AND WHEREAS both Houses of the State Legislature were not in session; AND WHEREAS the Governor of Maharashtra was satisfied that.....