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Northern India Canal and Drainage Act, I873 Part II

Title: Of the Application of Water for Public Purposes

State: Central

Year: 1873

.....shall apply to such inquiries: Provided that, instead of the last clause of the said section the following shall be read:"The provisions of this section a of section 8 of the Northern India Canal and Drainage Act, 18 shall be read to every assessor in a language which he understands before he gives his opinion as to the amount of compensation to awarded." Section 11 - Abatement of rent on interruption of water supply Every tenant holding under an unexpired lease, or having right of occupancy, who is in occupation of any land at the time when any stoppage or diminution of water-supply, in respect of which compensation is allowed under section 8, takes place, may claim an abatement of the rent previously payable by him for the said land, on the ground that the interruption reduces the value of the holding.. Section 12 - Enhancement of rent on restoration of water supply If a water-supply increasing the value of such holding is afterwards restored to the said land, the rent of the tenant may be' enhanced in respect of the increased value of such land due to the; restored water-supply, to an amount not exceeding that at which it stood immediately before the abatement. .....

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Northern India Canal and Drainage Act, I873 Section 8

Title: Damage for Which Compensation Shall Not Be Awarded

State: Central

Year: 1873

.....in respect of which compensation claimed; and, where such market-value is not ascertainable, the amount shall be reckoned at twelve times the amount of the diminution of the annual net profits of such property caused by the exercise of the powers conferred by this Act. No right to any such supply of water as is referred to in clause (e), (f) or (g) of this section, in respect of a work or channel not use at the date of the notification, shall be acquired as against the State Government, except by grant or under the {See now the Indian Limitation Act, 1908 (9 of 1908)} Indian Limitation Act, 1877, Part IV; and no right to any of the advantages referred to in clauses (a (b) and (c) of this section shall be acquired, as against the State Government, under the same Part.

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Northern India Canal and Drainage Act, 1873 Complete Act

State: Central

Year: 1873

.....cultivating tenant of water supplied by the owner of a water-course for the irrigation of the land held by such tenant; transfer, with land, of contracts for water: But all contracts made between the19 [State Government] and the owner or occupier of any immovable property, as to the supply of canal water to such property, shall be transferable therewith, and shall be presumed to have been so transferred whenever a transfer of such property takes place; no right acquired by user : (f) No right to the use of the water of a canal shall be, or be deemed to have been acquired under the Indian Limitation Act, 1877, Part IV, nor shall the19 [State Government] be bound to supply any person with water except in accordance with the terms of a contract in writing. SECTION 33: LIABILITY WHEN PERSON USING UNAUTHORISEDLY CANNOT BE IDENTIFIED If water supplied through a water-course be used in an unauthorised manner, and if the person by whose act or neglect such use has occurred cannot be identified, the person on whose land such water has flowed if such land has derived benefit therefrom, or if such person cannot be identified or if such land has not derived benefit therefrom, all the persons.....

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Companies Act, 1956 Schedule 6

Title: Schedule 6

State: Central

Year: 1956

.....the account; and (b) shall disclose every material feature, including credits or receipts and debts or expenses in respect of non-recurring transactions or transactions of an exceptional nature. 3.The profit and loss account shall set out the various items relating to the income and expenditure of the company arranged under the most convenient heads; and in particular, shall disclose the following information in respect of the period covered by the account: - 17[(i) (a) The turnover, that is, the aggregate amount for which sales are effected by the company, giving the amount of sales in respect of each class of goods dealt with by the company, and indicating the quantities of such sales for each class separately.] 18[(b) Commission paid to sole selling agents within the meaning of section 294 of the Act. (c) Commission paid to other selling agents. (d) Brokerage and discount on sales, other than the usual trade discount.] 17[(ii) (a) In the case of manufacturing companies, - (1) The value of the raw material consumed, giving item wise break-up and indicating the quantities thereof. In this break-up, as far as possible, all important basic raw materials shall be.....

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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY (PREPARATION OF FINANCIAL STATEMENTS AND AUDITOR'S REPORT OF INSURANCE COMPANIES)REGULATIONS, 2000 Complete Act

State: Central

Year: 2000

.....of their publication in the Official Gazette. Regulation 2 Definitions .-(1) In these regulations, unless the context otherwise requires- (a) "Act" means the Insurance Act, 1938 (4 of 1938); (b) "Authority" means the Insurance Regulatory and Development Authority established under sub-section (1) of S.3 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999); (c) All words and expressions used herein and not defined but defined in the Insurance Act, 1938 (4 of 1938), or in the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), or in the Companies Act, 1956 (1 of 1956) shall have the meanings respectively assigned to them in those Acts. Regulation 3 Preparation of financial statements, management report and auditor's report (1) An insurer carrying on life insurance business, after the commencement of these Regulations, shall comply with the requirements of Schedule A. (2) An insurer carrying on general insurance business, after the commencement of these regulations, shall comply with the requirements of Schedule B : Provided that this sub-regulation shall apply, mutatis mutandis, to re-insurers, until separate regulations are.....

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Companies Act, 1956 Complete Act

State: Central

Year: 1956

.....as in the (Depositories Act, 1996) (22 of 1996); (12B) "derivative" has the same meaning as in clause (aa) of (S.2 of the Securities Contracts (Regulation) Act, 1956) (42 of 1956);] (13) "director" includes any person occupying the position of director, by whatever name called; (14) "District Court" means the principal Civil Court of original jurisdiction in a district, but does not include a High Court in the exercise of its ordinary original civil jurisdiction ; [(14A) "dividend" includes any interim dividend;] (15) "document" includes summons, notice, requisition, order, other legal process, and registers, whether issued, sent or kept in pursuance of this or any other Act or otherwise ; [(15A) "employees stock option" means the option given to the whole-time directors, officers or employees of a company, which gives such directors, officers or employees the benefit or right to purchase or subscribe at a future date, the securities offered by the company at a pre-determined price;] (16) "existing company" means an existing company as defined in (section 3); (17) "financial year" means, in relation to any body corporate, the period in respect of which.....

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Companies Act, 1956 Section 101

Title: Application to Court for Confirming Order, Objections Bycreditors, and Settlement of List of Objecting Creditors

State: Central

Year: 1956

.....if the amount is contingent or not ascertained, then, an amount fixed by the1[Tribunal] after the like inquiry and adjudication as if the company were being wound up by the1[Tribunal] . (3) Where a proposed reduction of share capital involves either the diminution of any liability in respect of unpaid share capital or the payment to any shareholder of any paid-up share capital, the1[Tribunal] may, if, having regard to any special circumstances of the case, it thinks proper so to do, direct that the provisions of sub-section (2) shall not apply as regards any class or any classes of creditors. ________________________ 1. Substituted by Act 11 of 2003, Section 14, for "Court".

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Northern India Canal and Drainage Act, I873 Section 9

Title: Limitation of Claims

State: Central

Year: 1873

No claim for compensation for any such stoppage, diminution or damage shall be made after the expiration of one year from such stoppage, diminution or damage, unless the Collector is satisfied that the claimant had sufficient cause for not making the claim within such period.

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Income Tax Act, 1961 Schedule I

Title: Insurance Business

State: Central

Year: 1961

..... (iv) "life insurance business" means life insurance business as defined in clause (11) of section 2 of the Insurance Act, 1938 (4 of 1938) ; (v) "rule" means a rule contained in this Schedule. (2) References in these rules to the Insurance Act, 1938 (4 of 1938), or any provision thereof, shall, in relation to the Life Insurance Corporation of India, be construed as references to that Act or provision as read with section 43 of the Life Insurance Corporation Act, 1956 (31 of 1956). _____________________ 1. For the expression within bold square brackets, the expression "balance of the profits disclosed by the annual accounts, copies of which are required under the Insurance Act, 1938 (4 of 1938), to be furnished to the Controller of Insurance" shall be substituted by the Finance (No. 2) Act, 2009, with effect from 1st April, 2011. 2. Inserted by the Finance (No. 2) Act, 1998, with retrospective effect from 1st April, 1989. 3. See rule 6E. For analysis, see Mashbra's Income-tax Rules. 4. Inserted by the Finance (No. 2) Act, 2009 w.e.f. 01.04.2011. 5. Substituted by the Finance Act, 2010 w.e.f. 01.04.2011 for the following :"4[(b) (i) deduction in respect of any.....

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Sale of Goods Act, 1930 Chapter VI

Title: Suits for Breach of the Contract

State: Central

Year: 1930

.....the seller the breach of warranty in diminution or extinction of the price; or (b) sue the seller for damages for breach of warranty. (2) The fact that a buyer has set up a breach of warranty in diminution or extinction of the price does not prevent him from suing for the same breach of warranty if he has suffered further damage. Section 60 - Repudiation of contract before due date Where either party to a contract of sale repudiates the contract before the date of delivery, the other may either treat the contract as subsisting and wait till the date of delivery, or he may treat the contract as rescinded and sue for damages for the breach. Section 61 - Interest by way of damages and special damages (1) Nothing in this Act shall affect the right of the seller or the buyer to recover interest or special damages in any case where by law interest or special damages may be recoverable, or to recover the money paid where the consideration for the payment of it has failed. (2) In the absence of a contract to the contrary, the court may award interest at such rate as it thinks fit on the amount of the price-- (a) to the seller in a suit by him for the amount of the.....

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