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Home Bare Acts Phrase: dynamite chargeProhibition of Charging Exorbitant Interest Act, 2004 Preamble 1
Title: Prohibition of Charging Exorbitant Interest Act, 2004
State: Karnataka
Year: 2004
THE KARNATAKA PROHIBITION OF CHARGING EXORBITANT INTEREST ACT, 2004 [Act, No. 14 of 2004]1 [4th March, 2004] PREAMBLE An Act to prohibit the charging of exorbitant interest by any person and matters incidental thereto. Whereas, in order to obviate the difficulties experienced by the public at large who are falling prey to persons charging exorbitant interest, it is considered necessary to prohibit lending money for such exorbitant interest and to provide for stringent punishment thereof and for the purposes hereinafter appearing; Be it enacted by the Karnataka State Legislature in the Fifty fifth year of the Republic of India as follows;- _______________________ 1. First published in the Karnataka Gazette Extra-ordinary on the Sixth day of March, 2004.
View Complete Act List Judgments citing this sectionBombay Charged Expenditure Act 1957, (Maharashtra) Preamble
Title: the Bombay Charged Expenditure Act 1957
State: Maharashtra
Year: 1957
THE BOMBAY CHARGED EXPENDITURE ACT 1957 [Act No. 5 of 1957]1 [20th March, 1957] PREAMBLE An Act to provide that certain expenditure shall be charged on the Consolidated Fund of the State. WHEREAS it is expedient to declare certain expenditure to be charged on the Consolidated Fund of the State, and for that purpose repeal and enact afresh certain provisions relating thereto in certain enactments; It is hereby enacted in the Eighth Year of the Republic of India as follows :- __________________ 1. For Statement of Objects and Reasons, see Bombay Government Gazette, 1957, Part V, p. 6.
View Complete Act List Judgments citing this sectionProhibition of Charging Exorbitant Interest Act, 2004 Complete Act
Title: Prohibition of Charging Exorbitant Interest Act, 2004
State: Karnataka
Year: 2004
Preamble 1 - PROHIBITION OF CHARGING EXORBITANT INTEREST ACT, 2004 Section 1 - Short title, extent and commencement Section 2 - Definitions Section 3 - Prohibition of charging exorbitant interest Section 4 - Penalty Section 5 - Deposit of money and presentation of petition to court and the procedure thereof Section 6 - Restoration of possession of property Section 7 - Voluntary disclosure Section 8 - Adjustment of Interest Section 9 - Abetment of suicide Section 10 - Court fees Section 11 - Act not to be in derogation to other laws Section 12 - Application of provisions of the Karnataka Money Lenders Act, 1961 Section 13 - Deferment of repayment of loan Section 14 - Repeal and Savings
List Judgments citing this sectionBombay Charged Expenditure Act 1957, (Maharashtra) Section 2
Title: Repeals and Enactment Providing for Charging Certain Expenditure on the Consolidated Fund of the State
State: Maharashtra
Year: 1957
(1) In the Schedule the provisions mentioned in column 2 thereof the enactments set out in column 1, shall with effect from the 1st day of November, 1956 be deemed to have been repealed, and with effect from that date the provisions in column 3 of the Schedule shall be deemed to have been inserted in their place. (2) The Bombay Charged Expenditure Act, 1950 and the Madhya Pradesh Consolidated Fund (Charged Expenditure) Act, 1950, are repealed.
View Complete Act List Judgments citing this sectionProhibition of Charging Exorbitant Interest Act, 2004 Section 3
Title: Prohibition of Charging Exorbitant Interest
State: Karnataka
Year: 2004
No person shall charge exorbitant interest on any loan advanced by him.
View Complete Act List Judgments citing this sectionCode of Criminal Procedure, 1973 Chapter 17
Title: The Charge
State: Central
Year: 1973
.....charged. (4) The law and section of the law against which the offence is said to have been committed shall be mentioned in the charge. (5) The fact that the charge is made is equivalent to a statement that every legal condition required by law to constitute the offence charged was fulfilled in the particular case. (6) The charge shall be written in the language of the Court. (7) If the accused, having been previously convicted of any offence, is liable, by reason of such previous conviction, to enhanced punishment, or to punishment of a different kind, for a subsequent offence, and it is intended to prove such previous conviction for the purpose of affecting the punishment which the Court may think fit to award for the subsequent offence, the fact date and place of the previous, conviction shall be stated in the charge; and if such statement has been omitted, the Court may add it at any time before sentence is passed. Illustrations (a) A is charged with the murder of B. This is equivalent to a statement that A's act fell within the definition of murder given in sections 299 and 300 of the Indian Penal Code (45 of 1860); that it did not fall within any of the general.....
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Part 5
Title: Registration of Charges
State: Central
Year: 1956
.....shall, within1[thirty] days from the date of the passing of the order or of the making of the appointment under the said powers, give notice of the fact to the Registrar; and the Registrar shall, on payment of the prescribed fee, enter, the fact in the Register of charges. (2) Where any person so appointed under the powers contained in any instrument ceases to act as such, he shall, on so deceasing, give to the Registrar notice to that effect; and the Registrar shall enter the notice in the Register of charges. (3) If any person makes default in complying with the requirements of sub-section (1) or (2), he shall be punishable with fine which may extend to2[five hundred rupees] for every day during which the default continues. ________________________ 1. Substituted by Act 31 of 1965, Section 62 and Schedule, for "fifteen" (w.e.f. 15-10-1965). 2. Substituted by Act 53 of 2000, Section 52, for "fifty rupees" (w.e.f. 13-12-2000). Section 138 - Company to report satisfaction and procedure thereafter (1) The company shall give intimation to the Registrar of the payment or satisfaction,1[in full], of any charge relating to the company and requiring registration under.....
View Complete Act List Judgments citing this sectionThe Orissa Betterment Charges Act, 1955 Complete Act
State: Orissa
Year: 1955
.....due once again to the high price level. It is, therefore difficult for many of the new projects more especially the major projects, to produce satisfactory financial results soon after they are completed. These new schemes cost crores of rupees and cannot, therefore, naturally be expected to be productive immediately or even soon after their completion. Interest charges on the capital outlay have to be borne by the State Government from the very start though the Schemes are likely to be productive only some years after they are completed. The land owners benefited by these projects, apart from deriving increased annual profits, will in due course also get substantial increases in the value of their lands. This will naturally be at the expense of the general tax-payer and it is only in the fitness of things that these beneficiaries should bear at least a reasonable proportion of the cost of providing the benefits to them. They should not be allowed to fully appropriate the unearned increment in the land values by the irrigation works executed through the efforts of the community at large. When the State provides some facilities for a section of the population, the beneficiaries.....
List Judgments citing this sectionThe Punjab Betterment Charges and Acreage Rates Rules, 1955 Complete Act
State: Punjab
Year: 1955
.....in demand - If, after delivery of the demand slips to the assessees, any addition is made to the demand, or any suspension is allowed under the Act or rules thereunder, such addition or suspension shall be communicated to the owner or occupancy tenant, as the case may be, by means of sup0plymentry demand slips. Demands shall be shown in black ink, and suspension in red ink. All such alterations as are made before the despatch of the Demand Statements to the Tehsil concerned under Rule 13 supra shall be included in that document and suspension in red written on slips similarly printed and attached to the Demand Statement. Alterations made after the despatch of Demand Statement shall be intimated to the Tehsil concerned in a supplementary consolidated statement after 60 days. Any addition or suspension allowed thereafter shall be similarly incorporated in the Demand Statement for the succeeding harvest. Due intimation will be given about additions and suspension to assessees concerned by issue of supplementary demand slips in the manner prescribed in Rule 12. 28. Minimum amounts for additions and remission - No additional demand shall be prepared and no suspension shall be.....
List Judgments citing this sectionCompanies Act, 1956 Section 125
Title: Certain Charges to Be Void Against Liquidator or Creditors Unless Registered
State: Central
Year: 1956
.....to the law of the country in which the property is situate. (7) Where a negotiable instrument has been given to secure the payment of any book debts of a company, the deposit of the instrument for the purpose of securing an advance to the company shall not, for the purposes of this section, be treated as a charge on those book debts. (8) The holding of debentures entitling the holder to a charge on immovable property shall not, for the purposes of this section, be deemed to be an interest in immovable property. ________________________ 1. Substituted by Act 31 of 1965, Section 62 and Schedule, for "twenty-one" (w.e.f. 15-10-1965). 2. Proviso Inserted by Act 65 of 1960, Section 29 and Substituted by Act 31 of 1988, Section 18 (w.e.f. 15-6-1988).
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