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Securities Contracts (Regulation) Amendment Act, 2007 Section 4

Title : Amendment of Section 23

State : Central

Year : 2007

In section 23 of the principal Act, in sub-section (1), in clause (c), for the word and figures "section 17", the words, figures and letter "section 17 or section 17A" shall be substituted. View Complete Act      List Judgments citing this section

Securities Contracts (Regulation) Amendment Act, 2007 Section 5

Title : Amendment of Section 31

State : Central

Year : 2007

In section 31 of the principal Act, for sub-section (2), the following sub-section shall be substituted, namely:-- "(2) In particular, and without prejudice to the generality of the foregoing power, such regulations may provide for all or any of the following matters, namely:-- (a) the manner, in which at least fifty-one per cent. of equity share capital of a recognised stock exchange is held within twelve months from the date of publication of the order under sub-section (7) of section 4B by the public other than the shareholders having trading rights under sub-section (8) of that section; (b) the eligibility criteria and other requirements under section 17A.". View Complete Act      List Judgments citing this section

Tyre Corporation of India Limited (Disinvestment of Ownership) Act 2007 Section 1

Title : Short Title

State : Central

Year : 2007

This Act may be called the Tyre Corporation of India Limited (Disinvestment of Ownership) Act, 2007. View Complete Act      List Judgments citing this section

Bombay Primary Education and the Maharashtra Employees of Private Schools (Conditions of Service) Regulation (Amendment) Act, 2007, (Maharashtra) Section 11

Title : Amendment of Section 5 of Mah. Iii of 1978

State : Maharashtra

Year : 2007

In section 5 of the Employees of Private Schools (Conditions of Service) Regulation Act,- (a) in sub-section, (2), after the words "permanent vacancy" the words "except shikshan sevak" shall be inserted; (b) to sub-section (2), the following proviso shall be added, namely:- "Provided that, every person appointed as shikshan sevak shall be on probation for a period of three years."; (c) after sub-section (2), the following sub-section shall be inserted, namely:- "(2A) Subject to the provisions of sub-sections (3) and (4), shikshan sevak shall, on the completion of the probation period of three years, be deemed to have been appointed and confirmed as a teacher."; (d) in sub-section (3), after: the words "or salary" the words "or honorarium" shall be inserted. View Complete Act      List Judgments citing this section

Competition (Amendment) Act 2007 Section 2

Title : Amendment of Section 2

State : Central

Year : 2007

In section 2 of the Competition Act, 2002 (hereinafter referred to as the principal Act), after clause (b), the following clause shall be inserted, namely: -- '(ba) "Appellate Tribunal" means the Competition Appellate Tribunal established under sub-section (1) of section 53A.'. View Complete Act      List Judgments citing this section

Competition (Amendment) Act 2007 Section 23

Title : Substitution of New Section for Section 30

State : Central

Year : 2007

For section 30 of the principal Act, the following section shall be substituted, namely: -- "30. Procedure in case of notice under sub-section (2) of section 6 - Where any person or enterprise has given a notice under sub-section (2) of section 6, the Commission shall examine such notice and form its prima facie opinion as provided in sub-section (1) of section 29 and proceed as per provisions contained in that section.". View Complete Act      List Judgments citing this section

Competition (Amendment) Act 2007 Section 36

Title : Substitution of New Section for Section 43

State : Central

Year : 2007

36[For section 43 of the principal Act, the following section shall be substituted, namely:-- "43. Penalty for failure to comply with directions of Commission and Director General-If any person fails to comply, without reasonable cause, with a direction given by -- (a) the Commission under sub-sections (2) and (4) of section 36; or (b) the Director General while exercising powers referred to in sub-section (2) of section 41, such person shall be punishable with fine which may extend to rupees one lakh for each day during which such failure continues subject to a maximum of rupees one crore, as may be determined by the Commission.".] __________________________ 1. Effective date 20th May 2009- notified vide Ministry of Corporate Affairs Notification No S.O.1242(E) dated..... View Complete Act      List Judgments citing this section

Competition (Amendment) Act 2007 Section 38

Title : Amendment of Section 45

State : Central

Year : 2007

38[In section 45, of the principal Act, for sub-section (1), the following sub-section shall be substituted, namely:-- "(1) Without prejudice to the provisions of section 44, if a person, who furnishes or is required to furnish under this Act any particulars, documents or any information,-- (a) makes any statement or furnishes any document which he knows or has reason to believe to be false in any material particular; or (b) omits to state any material fact knowing it to be material; or (c) wilfully alters, suppresses or destroys any document which is required to be furnished as aforesaid, such person shall be punishable with fine which may extend to rupees one crore as may be determined by the Commission."] __________________________ 1. Effective date 20th May 2009-..... View Complete Act      List Judgments citing this section

Competition (Amendment) Act 2007 Section 48

Title : Amendment of Section 63

State : Central

Year : 2007

In section 63 of the principal Act, in sub-section (2), -- (i) for clause (a), the following clause shall be substituted, namely:-- "(a) the term of the Selection Committee and the manner of selection of panel of names under sub-section (2) of section 9;"; (ii) clause (c) shall be omitted; (iii) after clause (d), the following clause shall be inserted, namely: -- "(da) the number of Additional, Joint, Deputy or Assistant Directors General or such officers or other employees in the office of Director General and the manner in which such Additional, Joint, Deputy or Assistant Directors General or such officers or other employees may be appointed under subsection (1A) of section 16;"; (iv) in clauses (e) and (f), for the words "such other advisers, consultants or officers", the..... View Complete Act      List Judgments citing this section

Competition (Amendment) Act 2007 Section 49

Title : Amendment of Section 64

State : Central

Year : 2007

In section 64 of the principal Act, in sub-section (2), for clauses (d) and (e), the following clauses shall be substituted, namely:-- "(d) the procedures to be followed for engaging the experts and professionals under sub-section (3) of section 17; (e) the fee which may be determined under clause (a) of sub-section (1) of section 19; (f) the rules of procedure in regard to the transaction of business at the meetings of the Commission under sub-section (1) of section 22; (g) the manner in which penalty shall be recovered under sub-section (1) of section 39; (h) any other matter in respect of which provision is to be, or may be, made by regulations.". View Complete Act      List Judgments citing this section


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