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Start Free TrialFutwah-islamur Light Ralilway Line (Nationalisation) Act, 1985 Preamble 1
Title: Futwah-islamur Light Ralilway Line (Nationalisation) Act, 1985
State: Central
Year: 1985
THE FUTWAH-ISLAMUR LIGHT RALILWAY LINE (NATIONALISATION) ACT, 1985 [Act, No. 83 of 1985] [30th December, 1985] PREAMBLE An Act to provide for the acquisition, in the public interest, of the undertakings of the Futwah-islamput Light Railway Company Limited in relation to the Futwah-Islampur Light Railway Company Limited are in a dilapidated condition; WHEREAS the tracks and rolling stock of the Futwah-Islampur Light ; Railway Line owned by the Futwah-Islampur Light Railway Company Limited are in a dilapidated condition, AND WHEREAS the running of trains on the aforesaid line besides being hazardous and uneconomical, is also resulting in heavy loss to the Central Government; AND WHEREAS the aforesaid Company is not in a position to make the assets serviceable for public use; AND WHEREAS it is necessary in the public interest to acquire the undertakings of the said Company in relation to the said railway line; BE it enacted by Parliament in the Thirty-sixth Year of the Republic of India as follows:-
View Complete Act List Judgments citing this sectionFutwah-islamur Light Ralilway Line (Nationalisation) Act, 1985 Complete Act
Title: Futwah-islamur Light Ralilway Line (Nationalisation) Act, 1985
State: Central
Year: 1985
Preamble1 - FUTWAH-ISLAMUR LIGHT RALILWAY LINE (NATIONALISATION) ACT, 1985 Chapter I Section1 - Short title Section2 - Definitions Chapter II Section3 - Transfer to and vesting in the Central Government of the undertaking of the Company Section4 - General effect of vesting Section5 - Owner of the Company to be liable for certain prior liabilities Chapter III Section6 - Payment of amount Section7 - Interest Chapter IV Section8 - Duty of persons in charge of management of the undertakings of the Company to deliver all assets etc. Section9 - Duty of persons to account for assets, etc., in their possession Chapter V Section10 - Employment of certain employees to continue Section11 - Provident fund and other funds Chapter VI Section12 - Act to have overriding effect Section13 - Penalties Section14 - Offences by Companies Section15 - Protection action in good faith Section16 - Delegation of powers Section17 - Power to make rules Section18 - Power to remove difficulties
List Judgments citing this sectionCost and Works Accountants Act, 1959 Chapter II
Title: The Institute of Cost and Works Accountants
State: Central
Year: 1959
.....be deemed to have practiced in India for any period for which he has held a certificate of practice under section 6, notwithstanding that he did not actually practice during that period. Explanation II.-- In computing the continuous period during which a person has been an associate of the Institute, there shall be included any continuous period during which the person has been an associate of the dissolved company immediately before he became an associate of the Institute.] (5) Any person whose name is entered in the Register as a fellow of the Institute and so long as his name remains so entered, shall be entitled to use the letters FICWA after his name to indicate that he is a fellow of the Institute of Cost and Works Accountants. ________________________________ 1. Substituted by the Cost and Works Accountants (Amendment) Act, 2006. Prior to substitution, it read as under: "(4) A member, being an associate who has been in continuous practice in India for at least five year's, whether before or after the commencement of this Act, or whether partly before and partly after the commencement of this Act, and a member who has been an associate for a continuous period of.....
View Complete Act List Judgments citing this sectionCost and Works Accountants Act, 1959 Section 25
Title: Penalty for Using Name of the Council, Awarding Degrees of Cost Accountancy, Etc
State: Central
Year: 1959
.....fine which may extend to five thousand rupees, or with both. 1[***] (4) If the Central Government is satisfied that any diploma or certificate or any designation granted or conferred by any person other than the Institute, which purports to be a qualification in cost accountancy but which, in the opinion of the Central Government, falls short of the standard of qualifications prescribed for cost accountants and does not in fact indicate or purport to indicate the position or attainment of any qualification or competence in cost accountancy similar to that of a member of the Institute, it may, by notification in the Official Gazette and subject to such conditions as it may think fit to impose, declare that this section shall not apply to such diploma or certificate or designation. __________________________ 1.Sub-section 3 omitted by the Cost and Works Accountants (Amendment) Act, 2006.
View Complete Act List Judgments citing this sectionCost and Works Accountants Act, 1959 Complete Act
Title: Cost and Works Accountants Act, 1959
State: Central
Year: 1959
.....Section3 - Incorporation of the Institute Section4 - Entry of names in the Register Section5 - Fellows and Associates Section6 - Certificate of practice Section7 - Members to be known as cost accountants Section8 - Disabilities Chapter III Section9 - Constitution of the Council of the Institute Section10 - Re-election or re-nomination to Council Section10A - Settlement of disputes regarding election Section10B - Establishment to Tribunal Section11 - Nomination in default of election Section12 - President and Vice-president Section13 - Resignation of membership and casual vacancies Section14 - Duration and dissolution of Council Section15 - Functions of the Council Section15A - Functions of Institute Section15B - Imparting education by Universities and other bodies Section16 - Officers and employees, salary, allowances, etc. Section17 - Committees of the Council Section18 - Finances of the Council Chapter IV Section19 - Register Section20 - Removal from the Register Chapter V Section21 - Disciplinary Directorate Section21A - Board of Discipline Section21B - Disciplinary Committee Section21C - Authority, Disciplinary Committee, Board of Discipline and.....
List Judgments citing this sectionCost and Works Accountants Act, 1959 Preamble 1
Title: Cost and Works Accountants Act, 1959
State: Central
Year: 1959
THE COST AND WORKS ACCOUNTANTS ACT, 1959 [Act, No. 23 of 1959] [19th May, 1959.] PREAMBLE An act to make provision for the regulation of the profession of cost and works accountants. BE it enacted by Parliament in the Tenth Year of the Republic of India as follows:
View Complete Act List Judgments citing this sectionCost and Works Accountants Act, 1959 Section 7
Title: Members to Be Known as Cost Accountants
State: Central
Year: 1959
Every member of the Institute in practice shall, and any other member may, use the designation of a cost accountant and no member using such designation shall use any other description, whether in addition thereto or in substitution therefor: Provided that nothing in this section shall be deemed to prohibit any such member from adding any other description or letters to his name, if entitled thereto, to indicate membership of such other Institute of Accountancy, whether in India or elsewhere, as may be recognised in this behalf by the Council, or any other qualification that he may possess, or to prohibit a firm, all the partners of which are members of the Institute and in practice, from being known by its firm name as cost accountants.
View Complete Act List Judgments citing this sectionCost and Works Accountants (Amendment) Act, 2006 Preamble 1
Title: The Cost and Works Accountants (Amendment) Act, 2006
State: Central
Year: 2006
THE COST AND WORKS ACCOUNTANTS (AMENDMENT) ACT, 2006 [Act, No. 7 of 2006] [17 March, 2006] PREAMBLE An Act further to amend the Cost and Works Accountants Act, 1959. Be it enacted by Parliament in the Fifty-seventh Year of the Republic of India as follows:--
View Complete Act List Judgments citing this sectionCost and Works Accountants (Amendment) Act, 2011, (Central) Preamble
Title: the Cost and Works Accountants (Amendment) Act, 2011
State: Central
Year: 2011
THE COST AND WORKS ACCOUNTANTS (AMENDMENT) ACT, 2011 [Act No. 10 of 2012] [12th January, 2012] PREAMBLE An Act further to amend the Cost and Works Accountants Act, 1959. BE it enacted by Parliament in the Sixty-second Year of the Republic of India as follows:-
View Complete Act List Judgments citing this sectionCost and Works Accountants Act, 1959 Section 26
Title: Companies Not to Engage in Cost Accountancy
State: Central
Year: 1959
(1) No company, whether incorporated in India or elsewhere, shall practice as cost accountants. (2) Any contravention of the provisions of sub-section (1) shall be punishable on first conviction with fine which may extend to one thousand rupees, and on any subsequent conviction to five thousand rupees.
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