Bare Act Search Results

Industrial Development Bank of India Act, 1964 [Repealed] Chapter 8

Title: Miscellaneous

State: Central

Year: 1964

.....First Schedule to this Act. ___________________ 1.Inserted by Act 52 of 1975, sec. 17. Section 30 - Defects in appointments not to invalidate acts, etc. (1) No act or proceeding of the Board or of any committee of the Development Bank shall be questioned on the ground merely of the existence of any vacancy in, or defect in the constitution of, the Board or the committee, as the case may be. (2) No act done by any person acting in good faith as a director shall be deemed to be invalid merely on the ground that he was disqualified to be a director or that there was any other defect in this appointment. Section 30A - Arrangement with Development Bank on appointment of directors to prevail 1 [30A. Arrangement with DevelopmentBank on appointment of directors to prevail (1) Where anyarrangement entered into by the Development Bank with an industrial concernprovides for the appointment by the Development Bank of one or more directorsof such industrial concern, such provision and any appointment of directorsmade in pursuance thereof shall be valid and effective notwithstanding anythingto the contrary contained in the Companies Act, 1956 (1 of 1956) or in anyother law for.....

Industrial Development Bank of India Act, 1964 [Repealed] Section 37

Title: Power to Makeregulations

State: Central

Year: 1964

.....in granting loans oradvances or entering into any other arrangements; 4 [(da)entering into business with industrial concerns specified in sub-section (1) ofsection 9A and the conditions and limitations in regard thereto;] 2 [(db) the manner in which and theconditions subject to which shares may be held and transferred; (dc)matters relating to the rights of shareholders; (dd)the maintenance of share registers and the particulars to be entered therein; (de)the safeguards to be observed in the maintenance of register of shareholders oncomputer floppies or diskettes; (df)the inspection and closure of the registers and all other matters connectedtherewith; (dg)the holding and conduct of elections of directors under this Act and thedetermination of disputes, regarding the qualification of directors; (dh)the manner in which general meetings shall be convened, the procedure to befollowed, thereat, the manner in which voting rights may be exercised,resolutions passed and business transacted in such meetings and other mattersrelating to meetings; (di)the manner in which notices may be served on shareholders or otherpersons; (dj)the manner in which nomination may be.....

Industrial Development Bank of India Act, 1964 Complete Act

State: Central

Year: 1964

.....for providing credit and other facilities for the development of industry and for matters connected therewith and further to amend certain enactments. Be it enacted by Parliament in the Fifteenth Year of the Republic of India as follows :- SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT (1) This Act may be called the Industrial Development Bank of India Act, 1964.- (2) It extends2to the whole of India. (3) It shall come into force on such date as the Central Government may, by notification3in the Official Gazette, appoint and different dates may be appointed for different provisions of this Act. SECTION 02: DEFINITIONS - In this Act, unless the context otherwise requires,- (a) "Board" means the Board of Directors of the Development Bank; (b) "Development Bank" means the Industrial Development Bank of India established under section 3-; [(c) "Industrial concern" means any concern engaged or to be engaged in,- (i) the manufacture, preservation or processing of goods; (ii) shipping; [(iii) mining including development of mines,] (iv) the hotel industry. (v) the transport of passengers or goods by road or by water or4[by air or by ropeway or by lift]; [(vi) the generation,.....

Companies Profits Surtax Act 1964 Section 2

Title: Definitions

State: Central

Year: 1964

.....accordance with the provisions of the First Schedule; (6) "Income-tax Act" means the Income-tax Act, 1961. (7) "prescribed" means prescribed by rules made under this Act; 2[(7-A) "regular assessment" means as assessment made under section 6.] (8) "Statutory deduction" means an amount equal to3[fifteen per cent] of the capital of the company as computed in accordance with the provisions of the Second Schedule, or an amount of two hundred thousand rupees, whichever is greater: Provided that where the previous year is longer or shorter than a period of twelve months, the aforesaid amount of c[fifteen per cent] or, as the case may be, of two hundred thousand rupees shall be increased or decreased proportionately: Provided further that where a company has different previous years in respect of its income, profits and gains, the aforesaid increase or decrease, as the case may be, shall be calculated with reference to the length of the previous year of the longest duration; and (9) all other words and expressions used herein but not defined and defined in the Income-tax Act shall have the meanings respectively assigned to them in that Act. ________________________ 1......

Karnataka Land Revenue Act, 1964 Chapter XIV

Title: Realisation of Land Revenue and Other Public Demands

State: Karnataka

Year: 1964

.....prescribed under sub-section (1) for the payment of land revenue shall be deemed to be a period of grace and shall not affect the provisions of sub-section (1). Section 160 - Arrear of land revenue and defaulter (1) Any instalment of land revenue or part thereof which is not paid on the date prescribed for payment under section 159 shall become an arrear of land revenue and the person responsible for the payment shall become a defaulter. (2) A statement of account, certified by the Deputy Commissioner or bythe Assistant Commissioner shall, for the purpose of this Chapter be conclusive evidence of the existence of the arrear of land revenue, of its amount and of the person who is the defaulter: Provided that nothing in this sub-section shall prejudice the rights of such person to make payment under protest and to question the correctness of the accounts in separate proceedings before the Deputy Commissioner or the Assistant Commissioner, as the case may be. Section 161 - Process for recovery of arrears An arrear of land revenue may after serving a written notice of demand on the defaulter under section 162 be recovered by any one or more of the following processes,.....

Karnataka Land Revenue Act, 1964 Section 173

Title: Sale Not to Be Excessive

State: Karnataka

Year: 1964

The property to be sold moveable or immoveable, under the provisions of this Chapter, shall, as far as may be practicable, be proportionate to the amount of the arrear of land revenue to be recovered and the expenses of attachment and sale.

Companies (Profits) Surtax Act, 1964 Complete Act

State: Central

Year: 1964

.....of India, 29-2-1964, Pt. II, S. 2, Ext., p. 178. Act 41 of 1975.- The object of this Bill is to amend the income-tax Act, 1961, the Wealth Tax Act. 1957, the Gift Tax Act, 1958 and the Companies (Profits) Surtax Act, 1964. The proposals relating to the amendments to these enactments have been formulated after a detailed examination of the recommendations of the Direct Taxes Enquiry Committee (Wanchoo Committee) and the Forty-seventh Report of the Law Commission on the Trial and Punishment of Social and Economic Offences, the latter in so far as they relate to direct taxes. Opportunity has been taken to sponsor some amendments on the basis of suggestions received from various other quarters as well. Technical difficulties arising in the operation of some of the provisions of these enactments have also been taken into account in formulating these proposals. 2. The main objective of the amendments proposed to be made are to unearth black-money and prevent its proliferation; to fight and curb tax evasion; to check avoidance of tax 'through various legal devices, including the formation of trusts and diversion of income or wealth to members of family; to reduce tax arrears and.....

The Pondicherry Shops and Establishments Act, 1964 Complete Act

State: Pondicherry

Year: 1964

.....declare to be an establishment for the purposes of this Act; (8) "factory" means any premises which is a factory within the meaning of the Factories Act, 1948; (9) "Inspector" means an Inspector appointed under section 46; (10) "Notification" means a notification in the Pondicherry State Gazette; (11) "opened" means opened for the service of any customer; (12) "periods of work" means the time during which a person employed is at the disposal of the employer; (13) "person employed" means,- (i) in the case of a shop, a person wholly or principally employed therein in connection with the business of the shop ; (ii) in the case of a factory or any industrial undertaking, a member of the clerical staff employed in such factory or undertaking; (iii) in the case of a commercial establishment other than a clerical department of a factory or an industrial undertaking a person wholly or principally employed in connection with the business of the establishment, and includes a peon; (iv) in the case of a theatre, a person employed as an operator, clerk, door-keeper, usher or in such capacity as may be specified by the Government by general or special orders; (v).....

West Bengal Highways Act, 1964 Complete Act

State: West Bengal

Year: 1964

.....of laying, making, altering, repairing or renewing any main, pipe, sluice, weir, electric line, duct, drain or other apparatus in respect of gas, water, electricity, railways, tramways or trolly vehicles; or (c) any land belonging to a railway administration when such land is held or used by the railway administration for the purpose of its railway; or (d) the powers of the telegraph authority under the provisions of the Indian Telegraph Act, 1885. Section 27 Provisions of this Act or rules to prevail over inconsistent provisions in other laws Save as provided in section 26, the provisions of this Act or rules made thereunder shall have effect notwithstanding anything to the contrary contained in any other law for the time being in force. Section 28 Repeal The Bengal Highways Act, 1925, is hereby repealed. West Bengal State Acts