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Start Free TrialExport-import Bank of India Act, 1981 Complete Act
Title: Export-import Bank of India Act, 1981
State: Central
Year: 1981
..... Section25 - Saving Chapter 8 Section26 - Transfer of part of business of Development Bank Chapter 9 Section27 - Staff of Exim Bank.- Section28 - Delegation of powers Section29 - Returns Section30 - Obligation as to fidelity and secrecy Section31 - Defects in appointments not to invalidate acts, etc Section32 - Arrangement with Exim Bank on appointment of directors to prevail Section33 - Indemnity of directors Section34 - Protection of action taken in good faith Section35 - Act 18 of 1891 to apply in relation to Exim Bank Section36 - Section 34A and section 36AD only of Act 10 of 1949 to apply to Exim Bank Section37 - Act 43 of 1961 and Act 7 of 1964 not to apply to Exim Bank Section38 - Liquidation of Exim Bank Section39 - Power to make regulations Section40 - Amendment of certain enactments Section41 - Power to remove difficulty Schedule - FIRST SCHEDULE Schedule - SECOND SCHEDULE Amending Act1 - BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) AND FINANCIAL INSTITUTIONS LAWS (AMENDMENT) ACT, 2006
List Judgments citing this sectionKarnataka Prevention of Incitement to Refuse or to Defer Payment of Tax Act, 1981 Section 6
Title: Repeal and Savings
State: Karnataka
Year: 1981
The Karnataka Prevention of Incitement to Refuse or Defer Payment of Tax Ordinance, 1981 (Karnataka Ordinance No. 7 of 1981) is hereby repealed. (2) Notwithstanding such repeal anything done or any action taken under the Ordinance shall be deemed to have been done or taken under this Act.
View Complete Act List Judgments citing this sectionFinance Act, 1981 Schedule I
Title: First Schedule
State: Central
Year: 1981
.....(C) any debentures issued by acompany where such debenturesare listed in a recognisedstock exchange in India inaccordance with theSecurities Contracts(Regulation) Act, 1956 (42 of1956), and any rules madethereunder (vi) on any other income (excludinginterest payable on a tax-freesecurity) 20 per cent. 2 per cent.; (b) where the person is not residentin India - (i) on the whole, income (excludinginterest payable on a tax-freesecurity) amount of the income, orincome-tax and surcharge onincome-tax in respect of theincome at the rates prescribedin Sub-Paragraph I of Paragraph Aof Part III of this Schedule, ifsuch income had been the totalincome,whichever is higher; income-tax at 30 per cent. and surcharge at 3 per cent. of the (ii) on income by way of interestpayable on a tax-free security 2. In the case of a company - 15 per cent. 1.5 per cent. (a) where the company is a domesticcompany - (i) on income by way of interestother than "Interest onsecurities" 20 per cent. 0.5 per cent.; (ii) on any other income (excludinginterest payable on a tax-freesecurity) 21.5 per.....
View Complete Act List Judgments citing this sectionEssential Commodities (Special Provisions) Act, 1981 Section 11
Title: Substitution of New Sections for Section 12a
State: Central
Year: 1981
.....just and proper so to do for any other special reason to be recorded in writing; (e) a Special Court may, upon a perusal of police report of the facts constituting an offence under this Act take cognizance of that offence without the accused being committed to it for trial; (f) all offences under this Act shall be tried in a summary way and the provisions of sections 262 to 265 (both inclusive) of the Code shall, as far as may be, apply to such trial : Provided that in the case of any conviction in a summary trial under this section, it shall be lawful for the Special Court to pass a sentence of imprisonment for a term not exceeding two years. (2) When trying an offence under this Act, a Special Court may also try an offence other than an offence under this Act, with which the accused may, under the Code, be charged at the same trial: Provided that such other offence is, under any other law for the time being in force, triable in a summary way: Provided further that in the case of any conviction for such other offence in such trial, it shall not be lawful for the Special Court to pass a sentence of imprisonment for a term exceeding the term provided for conviction.....
View Complete Act List Judgments citing this sectionCine-workers Welfare Cess Act 1981 Section 7
Title: Penalty for Non-payment of Duty of Excise
State: Central
Year: 1981
If any duty of excise payable by the producer of a feature film to the Central government under section 4 [including any duty of excise which has been refunded but which is required to be repaid to that Government under the second proviso to sub-section (1) of that section] is not paid to that Government before the date, or, as the case may be, within the period specified therein, it shall be deemed to be in arrears and the authority prescribed in this behalf may, after such inquiry as it deems fit, impose on the producer, a penalty not exceeding fifty rupees for every month during which the duty of excise is in arrears: Provided that before imposing any such penalty, such producer shall be given a reasonable opportunity of being heard and, it after such hearing, the said authority is satisfied that the default was for any good and sufficient reason, no penalty shall be imposed under this section.
View Complete Act List Judgments citing this sectionKARNATAKA TODDY WORKERS' WELFARE FUND ACT, 1981 Section 7
Title: Determination of amount due from employers
State: Karnataka
Year: 1981
..... (a) enforcing the attendance of any person or examining him on oath; (b) requiring the discovery and production of documents ; (c) receiving evidence on affidavit ; and (d) issuing commissions for the examination of witnesses. (3) Any inquiry under this section shall be deemed to be a judicial proceeding within the meaning of sections 198 and 228 and for the purpose of section 196 of the Indian Penal Code. (4) No order determining the amount due from any employer shall be made under sub--section (1) unless the employer has been given a reasonable opportunity of being heard. (5) Any person aggrieved by an order under sub--section (1) may prefer an appeal to the State Government or any other authority as may be specified by the State Government within sixty days from the date of the receipt of the order and the decision of the State Government or of such authority on such appeal shall be final.
View Complete Act List Judgments citing this sectionKARNATAKA TODDY WORKERS' WELFARE FUND ACT, 1981 Section 10
Title: Priority of payment of contributions over other debts
State: Karnataka
Year: 1981
Where any employer is an adjudicated insolvent or being a company, an order for winding up is made, the amount due from the employer under the scheme shall, where the liability therefor has accrued before the order of adjudication or winding up is made be deemed to be included among the debts which under section 61 of the Provincial Insolvency Act, 1920 or under section 530 of the Companies Act, 1956 are to be paid in priority to all other debts in the distribution of the property of the insolvent or the assets of the company being wound up, as the case may be.
View Complete Act List Judgments citing this sectionKARNATAKA TODDY WORKERS' WELFARE FUND ACT, 1981 Section 12
Title: Members of the Board to be public servants
State: Karnataka
Year: 1981
Every Director of the Board, the Chief Welfare Fund Inspector and every Welfare Fund Inspector and every member of the staff of the Board appointed under this Act shall be deemed to be a public servant within the meaning of section 21 of the Indian Penal Code.
View Complete Act List Judgments citing this sectionKARNATAKA TODDY WORKERS' WELFARE FUND ACT, 1981 Section 14
Title: Offences by companies etc
State: Karnataka
Year: 1981
.....: Provided that nothing contained in this sub--section shall render any such person liable to any punishment if he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of such offence. (2) Notwithstanding anything contained in sub--section (1), where an offence under this section has been committed by a company and it is proved that the offence has been committed with the consent or connivance of, or that the commission of the offence is attributable to any neglect on the part of any director, manager, secretary, or other officer of the Company, such director, manager, secretary or other officer shall also be deemed to be guilty of that offence and shall be liable to be proceeded against and punished accordingly. Explanation.--For the purposes of this section,-- (a) "Company" means any body corporate and includes a firm or other association of individuals; and (b) "director" in relation to a firm, means a partner in the firm.
View Complete Act List Judgments citing this sectionKarnataka Prevention of Incitement to Refuse or to Defer Payment of Tax Act, 1981 Section 1
Title: Short Title and Commencement
State: Karnataka
Year: 1981
(1) This Act may be called the Karnataka Prevention of Incitement to Refuse or to Defer Payment of Tax Act, 1981. (2) It shall be deemed to have come into force on the twenty--first day of April, 1981.
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