Bare Act Search Results

Credit Information Companies (Regulation) Act, 2005 Complete Act

Title: Credit Information Companies (Regulation) Act, 2005

State: Central

Year: 2005

.....of Offences Section25 - Power of Reserve Bank to Impose Penalty Section26 - Application of Fines Chapter VIII Section27 - Power of Reserve Bank to Specify Maximum Amount of Fees Section28 - Disclosure of Information Before any Court or Tribunal or Authority Section29 - Obligations as to Fidelity and Secrecy Section30 - Protection of Action Taken in Good Faith Section31 - Bar of Jurisdiction Section32 - Power of Reserve Bank to Exempt in Certain Cases Section33 - Application of Other Laws not Barred Section34 - Amendment of Certain Enactments Section35 - Removal of Difficulties Section36 - Power to make rules Section37 - Power of Reserve Bank to Make Regulations ScheduleI - THE SCHEDULE

Deposit Insurance and Credit Guarantee Corporation Act, 1961 Complete Act

Title: Deposit Insurance and Credit Guarantee Corporation Act, 1961

State: Central

Year: 1961

.....- Protection Of Action Taken Under This Act Section43 - Companies Act, 1956 And Insurance Act, 1938 Not To Apply Section44 - Liquidation Of Corporation Section45 - Power Of Central Government To Give Directions Section46 - Dispute As To Amount Of Premium Section47 - Penalties Section48 - Offences By Companies Section49 - Cognizance And Trial Of Offences Section50 - Regulation Section51 - Amendment Of Certain Enactments Schedule1 - FIRST SCHEDULE Schedule2 - SECOND SCHEDULE Amending Act1 - DEPOSIT INSURANCE CORPORATION (AMENDMENT) ACT, 1968 Amending Act2 - DEPOSIT INSURANCE CORPORATION (AMENDMENT AND MISCELLANEOUS PROVISIONS) ACT, 1978 Amending Act3 - BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) AND FINANCIAL INSTITUTIONS LAWS (AMENDMENT) ACT, 2006

Agriculture Credit Operation and Miscellaneous Provision Act, 1974 Complete Act

Title: Agriculture Credit Operation and Miscellaneous Provision Act, 1974

State: Karnataka

Year: 1974

..... Section 10A - Registration of discharge certificates Chapter 3 Section 11 - Removal of bar to attachment and sale by process of court Section 12 - Recovery of dues of a credit agency on a certificate by the prescribed officer Section 13 - Right of a credit agency to purchase and dispose immoveable property Section 14 - Power to lease Section 15 - Exemption from registration fee Section 16 - Power to make rules Chapter 4 Section 17 - Amendment of Karnataka Act 11 of 1959 Section 18 - Money Lenders Act not to apply Section 19 - Modified application of section 8 of the Act XXXII of 1956 Section 19A - Application of Indian Limitation Act, 1963 Section 19B - Burden of proof

State Agricultural Credit Corporations Act, 1968 Complete Act

Title: State Agricultural Credit Corporations Act, 1968

State: Central

Year: 1968

.....acts , etc. Section18 - Fees and allowances of directors and members of committees Chapter 4 Section19 - Business which the Corporation may transact Section20 - Borrowing by the Corporation Section21 - Deposits with the Corporation Section22 - Limits on borrowings and deposits Section23 - Corporation to maintain two funds Section24 - Stabilisation Fund Section25 - Reserve Fund Section26 - Payment of dividend Section27 - Investment of surplus Funds Section28 - Recovery of moneys due to the Corporation Section29 - Acquisition or transfer by the Corporation of business, assets and liabilities from or to co-operative societies Chapter 5 Section30 - General meetings Chapter 6 Section31 - Accounts Section32 - Audit Section33 - Returns Chapter 7 Section34 - Certain provisions of the Banking Regulations Act, 1949 to apply to the Corporation Section35 - Certain provisions of the Reserve Bank of India Act, 1934 to apply to the Corporation Section36 - Reserve Bank of India Act, 1934 and Banking Regulation Act, 1949, not to apply except as otherwise provided Section37 - The Bankers Books Evidence Act,1891 to apply Section38 - Corporation to be deemed to be a.....

Agricultural Credit Pass Book Act, 1984 Complete Act

Title: Agricultural Credit Pass Book Act, 1984

State: Karnataka

Year: 1984

Preamble 1 - KARNATAKA AGRICULTURAL CREDIT PASS BOOK ACT, 1984 Chapter 1 Section 1 - Short title, commencement, etc. Section 2 - Definitions Section 3 - Act to override other laws Chapter 2 Section 4 - Issue of pass books etc. Section 5 - Endorsements on pass books Section 5A - Registration of charge Section 6 - Transfer not to be registered except on production of pass book Section 7 - Removal of disability in creation of charges Section 8 - Priority of charges Chapter 3 Section 9 - Protection of action taken in good faith Section 10 - Power to make rules

Credit Information Companies (Regulation) Act, 2005 Complete Act

State: Central

Year: 2005

.....in any other form or manner; (B) who has raised or seeks to raise money by issue of security as defined in clause (h) of (S.2 of the Securities Contracts (Regulation) Act, 1956) (42 of 1956) or by issue of commercial paper, depository receipt or any other instrument; (C) whose financial standing has been assessed or is proposed to be assessed by a credit institution or any other person or institution as may, by notification, be directed by the Reserve Bank; (d) "credit information" means any information relating to (i) the amounts and the nature of loans or advances, amounts outstanding under credit cards and other credit facilities granted or to be granted, by a credit institution to any borrower; (ii) the nature of security taken or proposed to be taken by a credit institution from any borrower for credit facilities granted or proposed to be granted to him; (iii) the guarantee furnished or any other non-fund based facility granted or proposed to be granted by a credit institution for any of its borrowers; (iv) the credit worthiness of any borrower of a credit institution; (v) any other manner which the Reserve Bank may, consider necessary for inclusion in the credit information.....

Credit Information Companies (Regulation) Act, 2005 Chapter V

Title: Functions of Credo Information Companies

State: Central

Year: 2005

.....such other functions as are necessary to facilitate proper conduct of its affairs, business and functions in accordance with the provisions of this Act. Section 15 - Credit Institution to be Member of a Credit Information Company (1) Every credit institution in existence on the commencement of this Act, before the expiry of three months from such commencement or within such extended period, as the Reserve Bank may allow on its application and subject to being satisfied about the reason for extension, shall become member of at least one credit information company. (2) Every credit institution which comes into existence after the commencement of this Act, before the expiry of three months from its coming into existence, or within such extended period, as the Reserve Bank may allow on its application and subject to being satisfied about the reason for extension, shall become member of at least one credit information company. (3) A credit information company may, at its option, become member of another credit information company. (4) No credit information company shall refuse to register a credit institution or another credit information company as its member without.....

Credit Information Companies (Regulation) Act, 2005 Chapter I

Title: Preliminary

State: Central

Year: 2005

.....means a company formed and registered under the Companies Act, 1956(1 of 1956) and which has been granted a certificate of registration under sub-section (2) of section 5; (f) "credit institution" means a banking company and includes-- (i) a corresponding new bank, the State Bank of India, a subsidiary bank, a co-operative bank, the National Bank and regional rural bank; (ii) a non-banking financial company as defined under clause (f) of section 45-I of the Reserve Bank of India Act, 1934(2 of 1934); (iii) a public financial institution referred to in section 4A of the Companies Act, 1956(1 of 1956); (iv) the financial corporation established by a State under section 3 of the State Financial Corporation Act, 1951(63 of 1951); (v) the housing finance institution referred to in clause (d) of section 2 of the National Housing Bank Act, 1987(53 of 1987); (vi) the companies engaged in the business of credit cards and other similar cards and companies dealing with distribution of credit in any other manner; (vii) any other institution which the Reserve Bank may specify, from time to time, for the purposes of this clause; (g) "credit scoring" means a system which.....

Credit Information Companies (Regulation) Act, 2005 Section 2

Title: Definitions

State: Central

Year: 2005

.....means a company formed and registered under the Companies Act, 1956(1 of 1956) and which has been granted a certificate of registration under sub-section (2) of section 5; (f) "credit institution" means a banking company and includes-- (i) a corresponding new bank, the State Bank of India, a subsidiary bank, a co-operative bank, the National Bank and regional rural bank; (ii) a non-banking financial company as defined under clause (f) of section 45-I of the Reserve Bank of India Act, 1934(2 of 1934); (iii) a public financial institution referred to in section 4A of the Companies Act, 1956(1 of 1956); (iv) the financial corporation established by a State under section 3 of the State Financial Corporation Act, 1951(63 of 1951); (v) the housing finance institution referred to in clause (d) of section 2 of the National Housing Bank Act, 1987(53 of 1987); (vi) the companies engaged in the business of credit cards and other similar cards and companies dealing with distribution of credit in any other manner; (vii) any other institution which the Reserve Bank may specify, from time to time, for the purposes of this clause; (g) "credit scoring" means a system which.....

Credit Information Companies (Regulation) Act, 2005 Section 14

Title: Functions of a Credit Information Company

State: Central

Year: 2005

.....in any form of business other than those referred to in sub-section (1). (3) Any credit information company for the purposes of carrying on the business of credit information may-- (a) register credit institutions and other credit information companies, at their option as its member, subject to such terms and conditions as may be pre-determined and disclosed by such credit information company; (b) charge such reasonable amount of fees, as it may deem appropriate not exceeding the maximum fee, as may be specified under section 27, for furnishing credit information to a specified user; (c) generally to do all such other acts and perform such other functions as are necessary to facilitate proper conduct of its affairs, business and functions in accordance with the provisions of this Act.