Bare Act Search Results

The Punjab Advocates Welfare Fund Act, 2002 Complete Act

State: Punjab

Year: 2002

THE PUNJAB ADVOCATES WELFARE FUND ACT, 2002 THE PUNJAB ADVOCATES WELFARE FUND ACT, 2002 [ Act No. 4 of 2002] [ 15th January, 2002] PREAMBLE An Act to provide for the constitution of a Fund and utilisation thereof for promotion of welfare of the Advocates belonging to the State of Punjab and for the matters connected therewith or incidental thereto. Be it enacted by the Legislature of the State of Punjab in the Fifty-second Year of the Republic of India as follows :- Section 1 - Short title and commencement (1) This Act may be called the Punjab Advocates Welfare Fund Act, 2002. (2) It shall come into force at once. Section 2 - Definitions In this Act, unless the context otherwise requires, - (a) "Advocate" means a person whose name has been entered in the roll of Advocates prepared and maintained by the Bar Council of Punjab and Haryana under section 17 of the Advocates Act, 1961 and who is practicing as an Advocate and is a member of Bar Association; (b) "Bar Association" means an association of Advocates, recognised by the Bar Council under section 14; (c) "Bar Council" means the Bar Council for the States of Punjab Haryana and Union.....

Multistate Cooperative Societies Act, 2002 Complete Act

State: Central

Year: 2002

MULTI-STATE CO-OPERATIVE SOCIETIES ACT, 2002 MULTI-STATE CO-OPERATIVE SOCIETIES ACT, 2002 39 of 2002 3rd July, 2002 An Act to consolidate and amend the law relating to co-operative societies, with objects not confined to one State and serving the interests of members in more than one State, to facilitate the voluntary formation and democratic functioning of co-operatives as people's institutions based on self-help and mutual aid and to enable them to promote their economic and social betterment and to provide functional autonomy and for matters connected therewith or incidental thereto. Be it enacted by Parliament in the Fifty-third Year of the Republic of India as follows:- SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT (1) This Act may be called the Multi-State Co-operative Societies Act, 2002. (2) It extends to the whole of India. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint and different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that.....

Multi-state Co-operative Societies Act, 2002 Chapter VII

Title: Properties and Funds of Multi-state Co-operative Societies

State: Central

Year: 2002

.....Act, 1970(5 of 1970) or a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980(40 of 1980). Section 65 - Restriction on contribution No multi-State co-operative society shall make a contribution, either in money or in kind, whether directly or indirectly, to an institution which has an object of furtherance of the interest of a political party. Section 66 - Restriction on loans (1) A multi-State co-operative society, other than a co-operative bank, shall not make a loan to a member on the security of his share or on the security of a non-member. (2) Notwithstanding anything contained in sub-section (1), a multi-State co-operative society may make a loan to a depositor on the security of his deposit. Section 67 - Restrictions on borrowing (1) A multi-State co-operative society may receive deposits, raise loans and receive grams from external sources to such extent and under such conditions as may be specified in the bye-laws: Provided that the total amount of deposits and loans received during any financial year shall not exceed ten times of the sum of subscribed share capital and.....

Companies (Amendment) Act, 2002 Section 2

Title: Insertion of New Part Ixa

State: Central

Year: 2002

.....shall form part of the capital of the Producer Company. (8) Any reference to the inter-State co-operative society in any law other than this Act or in any contract or other instrument, shall be deemed to be reference to the Producer Company. (9) If, on the transformation date, there is pending any suit, arbitration, appeal or other legal proceeding of whatever nature by or against the inter-State co-operative society, the same shall not abate, be discontinued or be in any way prejudicially affected by reason of the incorporation of the Producer Company under section 581C or transformation of the inter-State co-operative society as a Producer Company under section 581J, as the case may be, but the suit, arbitration, appeal or other proceeding, may be continued, prosecuted and enforced by or against the Producer Company in the same manner and to the same extent as it would have, or may have been continued, prosecuted and enforced by or against the inter-State co-operative society as if the provisions contained in this Part had not come into force. 581M. Concession, etc., to be deemed to have been granted to Producer Company .-- With effect from the transformation.....

Finance Act, 2002 Chapter III

Title: Direct Taxes

State: Central

Year: 2002

.....into with the Government of India. Explanation.--For the purposes of this clause,--(i) "agreement" includes any arrangement or understanding or action in concert,-- (A) whether or not such arrangement, understanding or action is formal or in writing; or (B) whether or not such arrangement, understanding or action is intended to be enforceable by legal proceedings; (ii) "service" means service of any description which is made available to potential users arid includes the provision of services in connection with business of any industrial or commercial nature such as accounting, banking, communication, conveying of news or information, advertising, entertainment, amusement, education, financing, insurance, chit funds, real estate, construction, transport, storage, processing, supply of electrical or other energy, boarding and lodging.'. Section 14 - Amendment of section 32 In section 32 of the Income-tax Act, in sub-section (1), with effect from the 1st day of April, 2003,-- (a) in clause (ii).-- (i) in the second proviso, for the words, brackets and figures "or clause (ii)", at both the places where they occur, the words, brackets, figures and letter "or clause.....

Finance Act, 2002 Complete Act

State: Central

Year: 2002

.....Be it enacted by Parliament in the Fifty-third Year of the Republic of India as follows :- SECTION 01: SHORT TITLE AND COMMENCEMENT -(1) This Act may be called the Finance Act, 2002. (2) Save as otherwise provided in this Act, Sections 2-to116-shall be deemed to have come into force on the 1st day of April, 2002. SECTION 02: INCOME TAX (1) Subject to the provisions of sub-sections (2) and (3), for the assessment year commencing on the 1st day of April, 2002, income tax shall be charged at the rates specified in Part I of the First Schedule and such tax as reduced by the rebate of income tax calculated under Chapter VIII-A of the Income Tax Act, 1961(43 of 1961) (hereinafter referred to as the Income Tax Act) shall be increased by a surcharge for purposes of the Union calculated in each case in the manner provided therein. (2) In the cases to which Paragraph A of Part I of the First Schedule applies, where the assessee has, in the previous year, any net agricultural income exceeding five thousand rupees, in addition to total income, and the total income exceeds fifty thousand rupees, then,- (a) the net agricultural income shall be taken into account, in the manner provided.....

Multi-state Co-operative Societies Act, 2002 Section 63

Title: Disposal of Net Profits

State: Central

Year: 2002

.....to such conditions as may be prescribed, the balance of the net profits may be utilised for all or any of the following purposes, namely:-- (a) payment of dividend to the members on their paid-up share capital at a rate not exceeding the prescribed limit; (b) constitution of, or contribution to, such special funds including education funds, as may be specified in the bye-laws; (c) donation of amounts not exceeding five per cent. of the net profits for any purpose connected with the development of co-operative movement or charitable purpose as defined in section 2 of the Charitable Endowments Act, 1890(6 of 1890); (d) payment of ex gratia amount to employees of the multi-State co-operative society to the extent and in the manner specified in the bye-laws.

Finance Act, 2002 Section 36

Title: Insertion of New Section 80m

State: Central

Year: 2002

After section 80L of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2003, namely:-- '80M. Deduction in respect of certain intercorporate dividends.-- (1) Where the gross total income of a domestic company, in any previous year, includes any income by way of dividends from another domestic company, there shall, in accordance with and subject to the provisions of this section, be allowed, in computing the total income of such domestic company, a deduction of an amount equal to so much of the amount of income by way of dividends from another domestic company as does not exceed the amount of dividend distributed by the first-mentioned domestic company on or before the due date. (2) Where any deduction, in respect of the amount of dividend distributed by the domestic company, has been allowed under sub-section (1) in any previous year, no deduction shall be allowed in respect of such amount in any other previous year. Explanation.--For the purposes of this section, the expression "due date" means the date for furnishing the return of income under sub-section (1) of section 139.'.

The Jharkhand Academic Council Act, 2002 Complete Act

State: Jharkhand

Year: 2002

.....(of traditional or modern type) (l) "Secretary" means the Secretary to the Council. (Inserted by the Jharkhand Academic Council (Amendment) Act, 2006 (Act No. 02 of 2007).) [(m) ˜Joint Secretary' means Joint Secretary of the Council. (n) ˜Finance Officer' means Finance Officer of the Council. (o) ˜Controller of Examinations' Controller of Examinations of the Council. (p) ˜Academic Officer' means Academic Officer of the Council. (q) ˜Recognition Committee' means Recognition Committee of the Council. (r) ˜Courses Committee' means Courses Committee of the Council. (s) ˜Examination Committee' means Examination Committee of the Council. (t) ˜Finance Committee' means Finance Committee of the Council. (u) ˜Governing Body' means the Governing Body of the Inter College. (v) ˜Managing Committee' means Managing Committee of Secondary School, Sanskrit Vidyalaya and Madrasa. (w) ˜Institution' means an institution imparting education of Intermediate (+2). Secondary School, Sanskrit Vidyalaya & Madrasa recognized under the provision of section 7(2)(i) of the Act. (x) ˜Intermediate College'.....

Haj Committee Act, 2002 Complete Act

State: Central

Year: 2002

.....Member thereof, if he" (i) is or becomes subject to any of the disqualifications specified inSection 12 -; or (ii) refuses to act or is incapable of acting or acts in a manner which the Central Government, after hearing any explanation that he may offer, considers to be prejudicial to the interests of the Committee or the interests of the pilgrims; or (iii) fails, in the opinion of the Committee, to attend three consecutive meetings of the Committee, without sufficient excuse. (2) Where the Chairperson or a Vice-Chairperson of the Committee is removed under sub-section (1), he shall also cease to be a member of the Committee. SECTION 15: FILLING OF A CASUAL VACANCY (1) When the seat of a member becomes vacant by his removal, resignation, death or otherwise, a new member shall be nominated or elected, as the case may be, in his place and such member shall hold office so long as the member whose place he fills would have been entitled to hold office if such vacancy had not occurred. (2) Any casual vacancy under sub-section (1) shall be filled up by the same category to which the former member belonged. SECTION 16: CHIEF EXECUTIVE OFFICER AND OTHER EMPLOYEES (1) The Central.....