Bare Act Search Results

Petroleum and Natural Gas Regulatory Board Act, 2006 Section 15

Title: Registration of Entities

State: Central

Year: 2006

.....be made in such form and in such manner and shall be accompanied by such fee as may be determined by the Board by regulations. (3) The Board may, after making such enquiry and subject to such terms and conditions as it may specify, grant a certificate of registration to the entity allowing to commence and carry on the activity referred to in clause (a) or clause (b) or clause (c), as the case may be, of sub-section (1). (4) The Board may, by order, suspend or cancel a certificate of registration granted under sub-section (3) in such manner as may be determined by regulations: Provided that no order under this sub-section shall be made unless the entity concerned has been given a reasonable opportunity of being heard.

Petroleum and Natural Gas Regulatory Board Act, 2006 Section 52

Title: Obligations of Entities

State: Central

Year: 2006

.....information which is considerednecessary for ensuring transparency or ascertaining true ownership of theentity. (3) The Board or anyofficer authorised by the Board shall have the power to inspect and obtaininformation, wherever necessary, from the entities. (4) For the effectiveenforcement of the terms and conditions of authorisation, the Board or anyofficer authorised by it for that purpose, shall have all the powers of aninspecting officer as provided under section 209A of the Companies Act, 1956(1of 1956). (5) It shall be theduty of every entity to carry out the directions of the Board given under thissection. (6) The Board shallmaintain confidentiality in respect of any information and record received by itfrom the entities and shall not disclose information contained therein to anyperson or authority except on the grounds of public interest.

Petroleum and Natural Gas Regulatory Board Act, 2006 Section 43

Title: Taking over Control and Management of Facilities and Business Premises of Any Entity and Retail Outlets in Public Interest

State: Central

Year: 2006

.....be given an opportunity of being heard before issuingorders to take over the control and management of retail outlets and otherbusiness premises: Provided further thatin case of any urgency or in cases where the circumstances do not permit servingof notice for want of sufficient time or otherwise upon the entity against whomthe order is directed, the opportunity of hearing may be dispensed with inpublic interest in order to maintain the uninterrupted supply of petroleum,petroleum products or natural gas for a specified period. (2) The collector ofthe revenue district in which the property referred to in the notificationissued under sub-section (1) is situated shall determine the amount ofcompensation payable for taking over of the property. (3) The form and mannerin which an application for claiming compensation under this section shall bemade, the procedure for determining the compensation and the time within whichsuch compensation shall be payable, shall be such as may be prescribed.

Karnataka Transparency in Public Procurements Act, 1999 Section 6

Title: Procurement Entities to Follow Procedure

State: Karnataka

Year: 1999

No tender shall be invited, processed or accepted by a Procurement Entity after the commencement of this Act except in accordance with the procedure laid down in this Act or the rules made thereunder.

Petroleum and Natural Gas Regulatory Board Act, 2006 Complete Act

State: Central

Year: 2006

.....any liquid hydrocarbon, including crude oil and liquefied petroleum gas, and the expression 'petroleum product' shall mean any product manufactured from petroleum; (zf) "pipeline access code" means the code to establish a framework for third party access to pipelines under sub-clause (i) of clause (e) of (S.11) ; (zg) "prescribed" means prescribed by rules made by the Central Government under this Act; (zh) "regulations" means regulations made by the Board under this Act; (zi) "restrictive trade practice" means a trade practice which has, or may have, the effect of preventing, distorting or restricting competition in any manner and in particular,- (i) which tends to obstruct the flow of capital or resources into the stream of production, or (ii) which tends to bring about manipulation of prices, or conditions of delivery or to affect the flow of supplies in the market relating to petroleum, petroleum products or natural gas or services in such manner as to impose on the consumers unjustified costs or restrictions; (zj) "retail outlet" means filling station where one or more dispensing pumps have been provided for sale of motor spirit, high speed diesel,.....

Petroleum and Natural Gas Regulatory Board Act, 2006 Chapter IV

Title: Registration and Authorisation

State: Central

Year: 2006

.....the manner of determining such tariffs, (2) For the purposes of sub-section (1), the Board shall be guided by the following, namely:-- (a) the factors which may encourage competition, efficiency, economic use of the resources, good performance and optimum investments; (b) safeguard the consumer interest and at the same time recovery of cost of transportation in a reasonable manner; (c) the principles rewarding efficiency in performance; (d) the connected infrastructure such as compressors, pumps, metering units, storage and the like connected to the common carriers or contract carriers; (e) benchmarking against a reference tariff calculated based on cost of service, internal rate of return, net present value or alternate mode of transport; (f) policy of the Central Government applicable to common carrier, contract carrier and city or local distribution natural gas network. Section 23 - Suspension or cancellation of authorisation If the Board, on an application of an affected party or on its own motion, is satisfied that the entity in favour of which authorisation has been granted under section 19 has failed to comply with any conditions of authorisation, it.....

Limited Liability Partnership Act, 2008 Complete Act

State: Central

Year: 2008

.....only partner of the limited liability partnership during the time that it so carries on business after those six months and has the knowledge of the fact that it is carrying on business with him alone, shall be liable personally for the obligations of the limited liability partnership incurred during that period. Section 7 Designated partners (1) Every limited liability partnership shall have at least two designated partners who are individuals and at least one of them shall be a resident in India: Provided that in case of a limited liability partnership in which all the partners are bodies corporate or in which one or more partners are individuals and bodies corporate, at least two individuals who are partners of such limited liability partnership or nominees of such bodies corporate shall act as designated partners. Explanation.- For the purposes of this section, the term "resident in India" means a person who has stayed in India for a period of not less than one hundred and eighty-two days during the immediately preceding one year. (2) Subject to the provisions of sub-sec. (1),- (i) if the incorporation document- (a) specifies who are to be designated partners, such.....

Prevention of Moneylaundering (Amendment) Act, 2012 Complete Act

State: Central

Year: 2012

.....of Section 23."In Section 23 of the principal Act, for the words and figure "under Section 8, it shall, unless otherwise proved to the satisfaction of the Adjudicating Authority", the words and figure "under Section 8 or for the trial of the money-laundering offence, it shall unless otherwise proved to the satisfaction of the Adjudicating Authority or the Special Court" shall be substituted. 19. Amendment of Section 24."For Section 24 of the principal Act, the following Section shall be substituted, namely" "24. Burden of proof."In any proceeding relating to proceeds of crime under this Act," (a) in the case of a person charged with the offence of money-laundering under Section 3, the Authority or Court shall, unless the contrary is proved, presume that such proceeds of crime are involved in money-laundering; and (b) in the case of any other person the Authority or Court, may presume that such proceeds of crime are involved in money-laundering.". 20. Amendment of Section 26."In Section 26 of the principal Act, in sub-section (2), for the words "banking company, financial institution or intermediary", the words "reporting entity" shall.....

Limited Liability Partnership Act 2008 Chapter IX

Title: Investigation

State: Central

Year: 2008

.....shall be carried out in accordance with the provisions of the Code of Criminal Procedure, 1973 relating to searches or seizures made under that Code. Section 49 - Inspectors report (1) The inspectors may, and if so directed by the Central Government, shall make interim reports to that Government, and on the conclusion of the investigation, shall make a final report to the Central Government and any such report shall be written or printed, as the Central Government may direct. (2) The Central Government- (a) shall forward a copy of any report (other than an interim report) made by the inspectors to the limited liability partnership at its registered office, and also to any other entity or person dealt with or related to the report; and (b) may, if it thinks fit, furnish a copy thereof, on request and on payment of the prescribed fee, to any person or entity related to or affected by the report. Section 50 - Prosecution If, from the report under section 49, it appears to the Central Government that any person in relation to the limited liability partnership or in relation to any other entity whose affairs have been investigated, has been guilty of any offence for.....

Petroleum and Natural Gas Regulatory Board Act, 2006 Chapter III

Title: Functions and Powers of the Board

State: Central

Year: 2006

.....and natural gas sector; (j) perform such other functions as may be entrusted to it by the Central Government to carry out the provisions of this Act. Section 12 - Powers regarding complaints and resolution of disputes by the Board (1) The Board shall have jurisdiction to -- (a) adjudicate upon and decide any dispute or matter arising amongst entities or between an entity and any other person on issues relating to refining, processing, storage, transportation, distribution, marketing and sale of petroleum, petroleum products and natural gas according to the provisions of Chapter V, unless the parties have agreed for arbitration; (b) receive any complaint from any person and conduct any inquiry and investigation connected with the activities relating to petroleum, petroleum products and natural gas on contravention of-- (i) retail service obligations; (ii) marketing service obligations; (iii) display of retail price at retail outlets; (iv) terms and conditions subject to which a pipeline has been declared as common carrier or contract carrier or access for other entities was allowed to a city or local natural gas distribution network, or authorisation has been.....