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Start Free TrialBanking Regulation Act, 1949 Part 2A
Title: Control over Management
State: Central
Year: 1949
1 [PART IIA CONTROL OVER MANAGEMENT ______________________ 1. Part IIA (Sections 36AAto 36AC) Indicated by Act 55 of 1963, Section 18 w.e.f. 1-2-1964.
View Complete Act List Judgments citing this sectionCentral Reserve Police Force Act 1949 Chapter IV
Title: Superintendence, Control and Administration of the Force
State: Central
Year: 1949
(1) The superintendence of, and control over, the Force shall vest in the Central Government; and the Force shall be administered by the Central Government in accordance with the provisions of this Act and of any rules made thereunder, through such officers as the Central Government may from time to time appoint in this behalf. (2) The headquarters of the Force shall be at such other place as may from time to time be specified by the Central Government, (3) While on active duty outside its headquarters, the Force shall be subject to the general control and direction of such authority or officer as may be prescribed or as may be specially appointed by the Central Government in this behalf.
View Complete Act List Judgments citing this sectionCentral Reserve Police Force Act 1949 Section 8
Title: Superintendence, Control and Administration of the Force
State: Central
Year: 1949
(1) The superintendence of, and control over, the Force shall vest in the Central Government; and the Force shall be administered by the Central Government in accordance with the provisions of this Act and of any rules made thereunder, through such officers as the Central Government may from time to time appoint in this behalf. (2) The headquarters of the Force shall be at such other place as may from time to time be specified by the Central Government, (3) While on active duty outside its headquarters, the Force shall be subject to the general control and direction of such authority or officer as may be prescribed or as may be specially appointed by the Central Government in this behalf.
View Complete Act List Judgments citing this sectionConstitution of India Complete Act
State: Central
Year: 1949
.....of this Constitution if- (a) he or either of his parents or any of his grand- parents was born in India as defined in (Government of India Act, 1935) (as originally enacted); and (b) (i) in the case where such person has so migrated before the nineteenth day of July, 1948. he has been ordinarily resident in the territory of India since the date of his migration, or (ii) in the case where such person has so migrated on or after the nineteenth day of July, 1948, he has been registered as a citizen of India by an officer appointed in that behalf by the Government of the Dominion of India on an application made by him therefor to such officer before the commencement of this Constitution in the form and manner prescribed by that Government : Provided that no person shall be so registered unless he has been resident in the territory of India for at least six months immediately preceding the date of his application. ARTICLE 7: Rights of citizenship of certain migrants to Pakistan: Notwithstanding anything in (Art.5) and (Art.6), a person who has after the first day of March, 1947, migrated from the territory of India to the territory now included in Pakistan shall not be.....
List Judgments citing this sectionBanking Regulation Act, 1949 Complete Act
State: Central
Year: 1949
.....on 19-9-1949. This Act now incorporates the provisions contained therein in the Banking Companies Act. 1949 as a pernabebt basis, in addition. this Act also amends the said Act for the following purposes :- (a) to incorporate special provisions for facilitating quick amalgamations between banking companies: (b) to empower the Reserve Bank to control opening of branches by Indian banks in foreign countries: (c) to provide a meaning of the terms "assets in India" for the purpose of section 25.-Gaz. of Ind.. 24-12-1949. Pt. V. p:501. Act 52 of 1953.- The Banking Companies Act. 1949 (X of 1949) was passed to ensure proper administration of the banking companies in India. The liquidation of banks, however, continued to be governed by the provisions of the Indian Companies Act, 1913. Experience of the liquidation of a large number of banks that failed during the post-war and post-partition period disclosed that the procedure for the liquidation of joint stock companies was totally inadequate for the liquidation of banking companies in a manner satisfactory to the depositors. A bank has a far larger number of debtors than a joint stock company of a comparable size, and the necessity to.....
List Judgments citing this sectionMerged States (Laws) Act, 1949 Complete Act
State: Central
Year: 1949
.....XXXII ... ... The Interest Act, 1839. 1841 X ... ... The Indian Registration of Ships Act, 1841. 1850 XI ... ... The Indian Registration of Ships Act (1841) Amendment Act, 1850. 1850 XVIII ... ... The Judicial Oficers' Protection Act, 1850. 1850 XIX ... ... The Apprentices Act, 1850. 1850 XXI ... ... The Caste Disabilities Removal Act, 1850. 1850 XXXIV ... ... The State Prisoners Act, 1850. 1855 XII ... ... The Legal Representatives' Suits Act, 1855. 1855 XIII ... ... The Indian Fatal Accidents Act, 1855. 1856 IX ... ... The Indian Bills of Lading Act, 1856. 1856 XV ... ... The Hindu Widows' Re-marriage Act, 1856. 1857 XIII ... ... The Opium Act, 1857. 1858 III ... ... The State Prisoners Act, 1858. 1860 XXI ... ... The Societies Registration Act, 1860. 1860 XLV ... ... The Indian Penal Code, 1860. 1861 V ... ... The Police Act, 1861. 1862 III ... ... The Government Seal Act, 1862. 1863 XXIII ... ... The Waste-Lands (Claims) Act, 1863. 1865 III ... ... The Carriers Act, 1865. 1866 XXI ... ... The Native Converts Marriage Dissolution Act, 1866. 1867 XVI ... ... The Acting Judges Act, 1867. 1867 XXV ... ... The Press and Registration of Books Act, 1867. 1869 IV ... ... The.....
List Judgments citing this sectionChartered Accountants Act, 1949 Section 15
Title: Functions of Council
State: Central
Year: 1949
.....Institute from time to time.] ________________________ 1. Substituted for the words "articled clerks" by the Chartered Accountants (Amendment) Act (15 of 1959) Section 13 (1-7-1959). 2. Words "chartered accountants", omitted, by the Chartered Accountants (Amendment) Act (15 of 1959) Section 13 (1-7-1959). 3. Substituted for the words "chartered accountants", by the Chartered Accountants (Amendment) Act (15 of 1959) Section 13 (1-7-1959). 4. Substituted by the Chartered Accountants (Amendment) Act, 2006, dated 22nd March, 2006. Prior to substitution, it read as under:- "(1) The duty of carrying out the provisions of this Act shall be vested in the Council. (2) In particular, and without prejudice to the generality of the foregoing power, the duties of the Council shall include-- (a) the examination of candidates for enrolment and the prescribing of fees therefor, (b) the regulation of the engagement and training of1[articled and audit clerks]; (c) the prescribing of qualifications for entry in the Register; (d) the recognition of foreign qualifications and training for purposes of enrolment; (e) the granting or refusal of certificates of practice under.....
View Complete Act List Judgments citing this sectionBanking Regulation Act, 1949 Section 37
Title: Suspension of Business
State: Central
Year: 1949
.....effects and actionable claims to which the banking company is or appears to be entitled and shall also exercise such other powers as the High Court may deem fit to confer on him, having regard to the interests of the depositors of the banking company.] 3[(4) Where the Reserve Bank is satisfied that the affairs of a banking company in respect of which an order under sub-section (1) has been made, are being conducted in a manner detrimental to the interests of the depositors, it may make an application to the High Court for the winding up of the company, and where any such application is made, the High Court shall not make any order extending the period for which the commencement or continuance of all actions and proceedings against the company were stayed under that sub-section.] ______________________ 1. Substituted by Act 52 of 1953, Section 4, for "Court". 2. Inserted by Act 52 of 1953, Section 5. 3. Inserted by Act 33 of 1959, Section 25 w.e.f. 1-10-1959.
View Complete Act List Judgments citing this sectionBanking Regulation Act, 1949 Section 41
Title: Preliminary Report by Official Liquidator
State: Central
Year: 1949
.....its assets which are likely to be collected in cash before the expiry of that period of two months in order that such assets may be applied speedily towards the making of preferential payments under section 530 of the Companies Act, 1956, and in the discharge, as far as possible, of the liabilities and obligations of the banking company to its depositors and other creditors in accordance with the provisions hereinafter contained; and the official liquidator shall make for the purposes aforesaid every endeavour to collect in cash as such of the assets of the banking company as practicable. ______________________ 1. Substituted by Act 37 of 1960, Section 3, for section 41.
View Complete Act List Judgments citing this sectionBanking Regulation Act, 1949 Section 43A
Title: Preferential Payments to Depositors
State: Central
Year: 1949
.....referred to in sub-section (9)available for payment to general creditors shall be utilised for payment on prorata basis of the debts of the general creditors and of the sums due to thedepositors: Provided thatwhere any amount in respect of any deposit is to be paid by the liquidator tothe Deposit Insurance Corporation under section 21 of the Deposit InsuranceCorporation Act, 1961 (47 of 1961), only the balance, if any, left after makingthe said payment shall be payable to the depositor.] ______________________ 1. Substituted byAct 37 of 1960, Section 4, for section 43A. 2. Substituted by Act47 of 1961, Section 51 and Schedule II, Pt. II, for "the foregoing provisions"w.e.f. 1-1- 1962. 3. Inserted by Act47 of 1961, Section 51 and Schedule II, Pt. II w.e.f. 1-1-1962
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