Bare Act Search Results

Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972 Section 12

Title: Vacation of Office by Directors, Etc., of the Old Company

State: Central

Year: 1972

(1) On the appointment of a Custodian, every person holding office; immediately before such appointment, as director or manager of the old company shall, notwithstanding anything contained in any other law for the time being in force or in any decree or order of any Court or Triburial, Vacate such office. (2) The Custodian shall receive the sum referred to in section 8 and shall deal with the said sum for meeting any liability which is incurred by the old company after the appointed day and the balance, if any, left after meeting the said liability, in accordance with the wishes of the members of the old company, expressed in a general meeting convened by the Custodian, and the provisions of the Companies Act, 1956, shall, so far as may be, apply to such meeting. (3) The Custodian may, if the members of the old company so desire, distribute the balance referred to in sub-section (2) amongst such members in accordance with their rights and interests and thereafter apply to the Court for the winding up of the old company by the Court.

Iron and Steel Company (Taking over of Management) Act, 1972 Complete Act

State: Central

Year: 1972

.....Government or the company for any damage caused or likely to be caused by anything which is in good faith done or intended to be done under this Act. SECTION 14: CONTRACTS IN BAD FAITH MAY BE CANCELLED OR VARIED - (1) If the Central Government is satisfied, after such enquiry as it may think fit, that any contract or ageement entered into at any time within three years immediately preceding the appointed day, between the company or the managing agents of the company and any other person, in so far as such contract or . agreement relates to the undertaking of the comany, has been entered into in bad faith, or is detrimental to the interests of the undetaking of the company, it may make an order cancelling or varying (either unconditionally or subject to such conditions as it may think fit to impose) such contract or agreement and thereafter the contract or agreement shall have effect accordingly: . . Provided that no contract or agreement shall be cancelled or varied except after giving to the parties to the contract or agreement reasonable opportunity of being heard. (2) Any person aggrieved by an order under sub-section (1) may make an application to the High Court at.....

Delhi Cooperative Societies Act, 1972 Complete Act

State: Delhi

Year: 1972

.....as member of a co-operative society except the following, namely : (a) an individual competent to contract under Section 11 of the Indian Contract Act, 1972 (b) any other co-operative society (c) the Central Government; and (d) such class or classes of persons or association of persons as may be notified by the Lieutenant-Governor in his behalf : Provided that the provisions of clause (a) shall not apply to an individual seeking admission to a society exclusively formed for the benefit of students of a school or college (2) Notwithstanding anything contained in sub-section (1), the Lieutenant- Governor may, having regard to the fact that the interest of any person or class of persons conflicts or is likely to conflict with the objects of any society or class of societies, by general or special order, published in the Delhi Gazette, declare that any person or class of persons engaged in or carrying on any profession, business or employment shall be disqualified from being admitted, or for continuing as members or shall be eligible for membership only to a limited extent of any specified society or class of societies, so long as such person is or such persons are.....

West Bengal Agricultural Produce Marketing (Regulation) Act, 1972 Complete Act

State: West Bengal

Year: 1972

.....defined and brought within the ambit of regulation, a large part of the buying and selling of agricultural produce may evade the operation of the Act. The Act oriented towards controlling the owners of markets; the primary duty of running the markets is Imposed upon the owners of the market: the market committee or the State Government may not intervene except in the event of formal failure on the part of the owners. If the present owners abide by the fair rents, undertake to check specified malpractices, provide for certain sanitary arrangements and maintain the markets as they are. such markets have to be left in their charge. The owners do not have any obligation to develop the markets and will have no incentive nor will they have resources enough for Investment for new development. An Act to provide for the regulation of marketing of agricultural produce in West Bengal. Assent of the President of India was first published In the Calcutta Gazette, Extraordinary, dated the 31st October. 1972. WHEREAS it is expedient to provide for the regulation of marketing of agricultural produce in West Bengal and for matters connected therewith; AND WHEREAS previous sanction of the.....

The Pondicherry Cooperative Societies Act, 1972 Complete Act

State: Pondicherry

Year: 1972

.....22, the rules made in this behalf or the by-laws of the society,- (a) any individual competent to contract under section 11 of the Indian Contract Act, 1872; (Central Act 9 of 1872) ; (b) any registered society ; (c) the Government, shall be eligible for admission as a member of a registered society : Provided that this section shall not apply in the case of a society formed exclusively for the benefit of the students of any college or school. Provided further that a Hindu undivided family as such shall not be eligible for admission s a member of a registered society: Provided also that persons who are minors or of unsound mind may be admitted as members of such class of registered societies as may be prescribed and such members shall possess only such privileges and rights of members and be subject only to such liabilities of members as may be prescribed : Provided also that in a society formed for the promotion of the economic interests of its members, through a specified activity no person other than one who is likely to be benefitted directly by such activity may be admitted as a member of such society unless such admission is permitted specifically by the.....

The Assam Agricultural Produce Market Act, 1972 Complete Act

State: Assam

Year: 1972

THE ASSAM AGRICULTURAL PRODUCE MARKET ACT, 1972 THE ASSAM AGRICULTURAL PRODUCE MARKET ACT, 1972 (ASSAM ACT XXIII OF 1974) (as amended upto 2000) (Received assent of the President on the 3rd September 1974) An Act to provide for better regulation of buying and selling of agricultural produce and the establishment of market for agricultural produce in the State of Assam and for matters connected therewith. Preamble Whereas it expedient to provide for better regulation of buying and selling of agricultural produce in the State of Assam and stablishment of regulated markets for agricultural produce; And whereas the previous sanction of the President of India under the provision of Article 304(b) of the Constitution of India has been obtained for the introduction of the Bill in the Legislative Assembly; It is hereby enacted in the Twenty-third year of Republic of India as follows :- CHAPTER I Preliminary Short title extendand commencement 1. (1) This Act may be called the Assam Agricultural Produce Market Act, 1972. (2) It shall extend to such areas of the State of Assam as may be notified by the State Government from time to time in the.....

The Orissa Prevention of Land Encroachment Act, 1972 Complete Act

State: Orissa

Year: 1972

.....highest point reached- by ordinary spring tides at any season of the year. (Substituted by the Orissa Prevention of Land Encroachment (Amend ment) Act, 1974 (Or Act 4 of 1971), S. 3) [3. Definition. In this Act, unless, the context otherwise requires: " (a) "Collect or means the Chief Officer in charge of the revenue administration of a district and shall include an Additional District Magistrate; (Inserted by the Orissa Prevention of Land Encroachment (Amend ment) Act, 1976 (Or Act 25 of 1976), S. 2) [(a-1) "landless, person means a person who has no profitable means of live hood other than agriculture, provided that" (i) he owns no land excluding his homestead; or (Substituted by the Orissa Prevention of Land Encroachment (Amend ment) Act, 1979 (Or Act 25 of 1979), S. 2(a)) [(ii) the total extent of the land (excluding his homestead) owned by him along with the lands owned by all the member of his family who are living with him in common mess, is less than one standard acre;] (b) "Prescribed" means prescribed by rules made by the State Government under this Act; and (Inserted by the Orissa Prevention of Land Encroachment (Amend ment) Act, 1979 (Or Act 25.....

Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972 Complete Act

State: Central

Year: 1972

.....abilities and obligations of whatever kind then subsisting of the old company in relation to the (2) Unless otherwise expressly provided by this Act, all contracts, deeds, bonds, powers of attorney, grants of legal representation and other instruments of whatever nature having effect immediately before the appointed day which relate to the undertaking of the old shall be of as full force and effect in favour of the Central Government, and on the transfer of undertaking to the new company, of such new company and may be enforced or acted upon as fully effectively as if they had related to the Central Government or the new company, as the case may (3)(a) If, on the appointed day, a proceeding instituted by the old company in relation to undertaking referred to in section 3-is pending, such proceeding may, as from that day be continue the Central Government or, on the transfer of the undertaking to the new company, by the new comp (b) If, on the appointed day, any cause of action is existing against the old company in the undertaking referred to in section 3-, such cause of action may, as from that day, be enforced the Central Government or, on the transfer of the undertaking to.....

Limestone and Dolomite Mines Labour Welfare Fund Act, 1972 Complete Act

State: Central

Year: 1972

.....2 of the Mines Act, 1952-; (b) "factory" and "occupier" have the meanings respectively assigned to them in clauses (m) and (n) of section 2 of the Factories Act, 1948-;3[(bb) "Limestone" includes minerals like lime-shell, calcareous sand and sea sand essentially composed of lime shell, marl, kankar. or lime kankar;] (c) "manager" means the manager referred to in section 17 of the Mines Act, 1952-; (d) a person is said to be employed in a limestone or dolomite mine,- (1) if he is employed within the premises or in the vicinity of such mine by the owner, agent or manager of such mine or by a contractor or any other agency exclusively in any one or more of the following, namely:- (i) any limestone or dolomite mining operation; (ii) the operation, servicing, maintenance or repair of any machinery or any part thereof used in or about such mine; (iii) the loading, unloading or despatch of limestone or dolomite or any other material connected with the mining of limestone or dolomite; (iv) any work in any office, canteen or creche situate within the precincts of such mine; (v) any welfare, health, sanitary or conservancy services or any, watch and ward duties at any place situate within.....

Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972 Chapter IV

Title: Management of the Old Company

State: Central

Year: 1972

..... Section 11 - Custodian to be public servant The Custodian shall be a public servant within the meaning of section 21 of the Indian Penal Code. Section 12 - Vacation of office by directors, etc., of the old company (1) On the appointment of a Custodian, every person holding office; immediately before such appointment, as director or manager of the old company shall, notwithstanding anything contained in any other law for the time being in force or in any decree or order of any Court or Triburial, Vacate such office. (2) The Custodian shall receive the sum referred to in section 8 and shall deal with the said sum for meeting any liability which is incurred by the old company after the appointed day and the balance, if any, left after meeting the said liability, in accordance with the wishes of the members of the old company, expressed in a general meeting convened by the Custodian, and the provisions of the Companies Act, 1956, shall, so far as may be, apply to such meeting. (3) The Custodian may, if the members of the old company so desire, distribute the balance referred to in sub-section (2) amongst such members in accordance with their rights and interests.....