Bare Act Search Results

Reserve Bank of India Act, 1934 (2 of 1934) Section 45JA

Title: Power of Bank to Determine Policy and Issue Directions

State: Central

Year: 1934

.....companies generally or to a class of non banking financial companies or to any non-banking financial company in particular as to- (a) the purpose for which advances or other fund based or non-fund based accommodation may not be made; and (b) the maximum amount of advances of other financial accommodation or investment in shares and other securities which, having regard to the paid-up capital, reserves and deposits of the non-banking financial company and other relevant considerations, may be made by that non-banking financial company to any person or a company or to a group of companies.] ______________________ 1. Inserted by Act 23 of 1997, section 4 (w.r.e.f. 9-1-1997).

Reserve Bank of India Act, 1934 (2 of 1934) Section 45K

Title: Power of Bank to Collect Information from Non-banking Institutions as to Deposits and to Give Directions

State: Central

Year: 1934

.....Bank under sub-section (3), the Bank may prohibit the acceptance of deposits by that non-banking institution. 1[***] (6) Every non-banking institution receiving deposits shall, if so required by the Bank and within such time as the Bank may specify, cause to be sent at the cost of the non-banking institution a copy of its annual balance-sheet arid profit and loss account or other annual accounts to every person from whom the non-banking institution holds, as on the last day of the year to which the accounts relate, deposits higher than such sum as may be specified by the Bank. _______________________ 1. Sub-section (5) omitted by Act 51 of 1974, section 18 (w.e.f. 13-12-1974).

Aircraft Act, 1934 Section 5A

Title: Power to Issue Directions

State: Central

Year: 1934

.....air traffic management facilities and safeguarding civil aviation against acts of unlawful interference], in any case where the Director General of Civil Aviation or such other Officer is satisfied that in the interests of the security of India or for securing the safety of aircraft operations it is necessary so to do. (2) Every direction issued under sub-section (l) shall be complied with by the person or persons to whom such direction is issued. ______________________________________________ 1. Substituted by the Aircraft (Amendment) Act, 2007 [Act No. 44 of 2007] for the words, brackets, letters and figures "clauses (b), (c), (e), (f), (g), (h) and (m) of sub-section (2) of section 5, to any person or persons engaged in aircraft operations or using any aerodrome".

Aircraft Act, 1934 Section 11B

Title: Penalty for Failure to Comply with Directions Issued Under Section 9a

State: Central

Year: 1934

.....under sub-section (1) of section 9A-within the period specified in the notification, then, subject to such rules as the Central Government may make in this behalf, it shall be competent for any officer authorised by the Central Government in this behalf to demolish such building or structure or cut such tree or reduce the height of such building, structure or tree. 2[Provided that the power to make rules under this sub-section shall be subject to the provisions of section 14.] _____________________________________ 1. Substituted by the Aircraft (Amendment) Act, 2007 [Act No. 44 of 2007] for the words "six months, or with fine which may extend to one thousand rupees". 2. Proviso inserted by the Aircraft (Amendment) Act, 2007 [Act No. 44 of 2007].

Reserve Bank of India Act, 1934 (2 of 1934) Section 45L

Title: Power of Bank to Call for Information from Financial Institutions and to Give Directions

State: Central

Year: 1934

.....generally or to any such institution in particular, directions relating to the conduct of business by them or by it as financial institutions or institution. (2) Without prejudice to the generality of the power vested in the Bank under clause (a) of sub-section (1), the statements, information or particulars to be furnished by a financial institution may relate to all or any of the following matters, namely, the paid-up capital, reserves or other liabilities, the investments whether in Government securities or otherwise, the persons to whom, and the purposes and periods for which, finance is provided and the terms and conditions, including the rates of interest, on which it is provided. (3) In issuing directions to any financial institution under clause (b) of subsection (1) the Bank shall have due regard to the conditions in which, and the objects for which, the institution has been established, its statutory responsibilities, if any, and the effect the business of such financial institution is likely to have on trends in the money and capital markets.

Aircraft Act, 1934 Section 11A

Title: Penalty for Failure to Comply with Directions Issued Under Section 5a

State: Central

Year: 1934

If any person willfully fails to comply with any direction issued under section 5A, he shall be punishable with imprisonment for a term which may extend to 1[two years] or with fine which may extend to ten lakh rupees, or with both. _____________________________________ 1. Substituted by the Aircraft (Amendment) Act, 2007 [Act No. 44 of 2007] for the words "six months".

Reserve Bank of India Act, 1934 (2 of 1934) Section 45X

Title: Duty to Comply with Directions and Furnish Information

State: Central

Year: 1934

It shall be the duty of every director or member or other body for the time being vested with the management of the affairs of the agencies referred to in section 45W to comply with the directions given by the Bank and to submit the information or statement or particulars called for under that section.

Reserve Bank of India Act, 1934 Complete Act

State: Central

Year: 1934

RESERVE BANK OF INDIA ACT, 1934 RESERVE BANK OF INDIA ACT, 1934 1934 An Act to constitute a Reserve Bank of India WHEREAS it is expedient to constitute a Reserve Bank for India to regulate the issue of Bank notes and the keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage ; AND WHEREAS in the present disorganisation of the monetary systems of the world it is not possible to determine what will be suitable as a permanent basis for the Indian monetary system ; BUT WHEREAS it is expedient to make temporary provision on the basis of the existing monetary system, and to leave the question of the monetary standard best suited to India to be considered when the international monetary position has become sufficiently clear and stable to make it possible to frame permanent measures; It is hereby enacted as follows :- SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT (1) This Act may be called the Reserve Bank of India Act, 1934. (2) It extends to the whole of India. (3) This section shall come into force at once, and the remaining provisions of this Act shall come into.....

Aircraft Act, 1934 Complete Act

State: Central

Year: 1934

.....Government hereby makes the following rules further to amend the Aircraft Rules, 1937, namely: SECTION 01: SHORT TITLE AND EXTENT (1) This Act may be called The Aircraft Act, 1934. (2) It extends to the whole of India and applies also-: (a) to citizens of India, wherever they may be; and (b) to, and to the persons on, aircraft registered in India wherever they may be.] SECTION 02: DEFINITIONS In this Act, unless is anything repugnant in the subject or context,- (1) "Aircraft" means any machine which can derive support in the atmosphere from reactions of the air, Other than reactions of the air against the earth's surface] and includes balloons, whether fixed or free, airships, kites, gliders and flying machines. (2) "Aerodrome" means any definite or limited ground or water area intended to be used, either wholly or in part, for the lending or departure of aircraft, and includes all buildings, sheds, vessels, piers and other structures thereon or appertaining thereto, (2A) "aerodrome reference point", in relation to any aerodrome, means a designated point established in the horizontal plane at or near the geometric centre of that part of the aerodrome.....

Reserve Bank of India Act, 1934 (2 of 1934) Chapter 3

Title: Central Banking Functions

State: Central

Year: 1934

.....words "Part B" omitted by Act 37 of 1956, section 104 (w.e.f. 1-11-1956). 3. The words "(including the autonomous State of Meghalaya)" Inserted by Act 54 of 1969, section 75 and omitted by Act 81 of 1971, section 72 (w.e.f. 21-1-1972). Section 21B - Effect of agreements made between the Bank and certain States before the 1st November, 1956 1 [21B. Effect of agreements made between the Bank and certain States before the 1st November, 1956 (1) Any agreement made under section 21 or section 21A between the Bank and the Government of a State specified in the Explanation below and in force immediately before the 1st day of November, 1956, shall, as from that day have effect as if it were an agreement made on that day under section 21A between the Bank and the Government of the corresponding State subject to such modifications, if any, being of a character not affecting the general operation of the agreement, as may be agreed upon between the Bank and the Government of the corresponding State, or in default of such agreement, as may be made therein by order of the Central Government. Explanation.-In this sub-section "corresponding State" means,- (a) in relation to the.....