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Start Free TrialGovernment of India Act, 1858 [Repealed] Section 48
Title: Provisions as to Exchequer Bills, Bonds and Other Securities
State: Central
Year: 1858
All Exchequer Bills, Exchequer Bonds, or other Government Securities, or other Securities, of whatsoever Kind, not hereinbefore referred to, which shall be held by the Governor and Company of the Bank of England in trust for or on account of the East India Company at the Time of the Commencement of this Act, shall thenceforward be held by the said Governor and Company in trust for and on account of the Secretary of State in Council; and all such Securities as aforesaid, and all such Securities as may thereafter be lodged with the said Governor and Company by or on behalf of the Secretary of State in Council, shall and may be disposed of and the Proceeds thereof applied as may be authorised by Order in Writing signed by Three Members of the Council, and countersigned by the Secretary of State or One of his Under Secretaries, and directed to the said Chief Cashier and Chief Accountant.
View Complete Act List Judgments citing this sectionIndian Bills of Lading Act, 1856 Preamble 1
Title: Indian Bills of Lading Act, 1856
State: Central
Year: 1856
INDIAN BILLS OF LADING ACT, 1856 [Act, No. 9 of 1856] [11th April, 1956] PREAMBLE An Act to amend the law relating to Bills of Lading. WHEREAS by the custom of merchants a bill of lading of goods being transferable by endorsement, the property in the goods may thereby pass to the endorsee, but nevertheless all rights in respect of the contract contained in the bill of lading continue in the original shipper or owner, and it is expedient that such rights should pass with the property; AND WHEREAS it frequently happens that the goods in respect of which bills of lading purport to be signed have not been laden on board, and it is proper that such bills of lading in the hands of a bona fide holder for value should not be questioned by the master or other person signing the same, on the ground of the goods not having been laden as aforesaid, It is enacted as follows: -
View Complete Act List Judgments citing this sectionIndian Bills of Lading Act, 1856 Section 1
Title: Rights Under Bills of Lading to Vest in Consignee or Endorsee
State: Central
Year: 1856
Every consignee of goods named in a bill of lading and every endorsee of a bill of lading to whom the property in the goods therein mentioned shall pass, upon or by reason of such consignment or endorsement shall have transferred to and vested in him all rights of suit, and be subject to the same liabilities in respect of such goods as if the contract contained in the bill of lading had been made with himself.
View Complete Act List Judgments citing this sectionIndian Bills of Lading Act, 1856 Complete Act
Title: Indian Bills of Lading Act, 1856
State: Central
Year: 1856
Preamble1 - INDIAN BILLS OF LADING ACT, 1856 Section1 - Rights under bills of lading to vest in consignee or endorsee Section2 - Not to affect right of stoppage in transit or claims for freight Section3 - Bill of lading in hands of consignee, etc. conclusive evidence of the shipment as against master etc
List Judgments citing this sectionIndian Bills of Lading Act, 1856 Section 3
Title: Bill of Lading in Hands of Consignee, Etc. Conclusive Evidence of the Shipment as Against Master Etc
State: Central
Year: 1856
Every bill of lading in the hands of a consignee or endorsee for valuable consideration representing goods to have been shipped on board a vessel, shall be conclusive evidence of such shipment as against the master or other person signing the same, notwithstanding that such goods or some part thereof may not have been so shipped, unless such holder of the bill of lading shall have had actual notice at the time of receiving the same that the goods had not in fact been laden on board: PROVIDED that the master or other person so signing may exonerate himself, in respect of such misrepresentation, by showing that it was caused without any default on his part, and wholly by the fraud of the shipper or of the holder, or some person under whom the holder claims.
View Complete Act List Judgments citing this sectionGovernment of India Act, 1858 Complete Act
State: Central
Year: 1858
.....were continued under such Government, in trust for Her Majesty, until Parliament should otherwise 'provide, subject to the Provisions of that Act and of other Acts of Parliament, and the Property and Rights in the said Act referred to are held by the said Company in trust for Her Majesty for the purposes of the said Government: And whereas it is expedient that the said Territories should be governed by and in the Name of Her Majesty: Be it therefore enacted by the Queen's most Excellent Majesty, by and with the Advice and Consent of the Lords Spiritual and Temporal, and Commons in this present Parliament assembled, and by the Authority of the same, as follows; that is to 'say, Transfer of the Government of India to Her Majesty. SECTION 01: TERRITORIES UNDER THE GOVERNMENT OF THE EAST INDIA COMPANY TO BE VESTED IN HER MAJESTY AND POWERS TO BE EXERCISED IN HER NAME -The Government of the Territories now in the Possession or under the Government of the East India Company, and all Powers in relation to Government vested in or exercised by the said Company in trust for Her Majesty, shall cease to be vested in or exercised by the said Company; and all territories in the.....
List Judgments citing this sectionGovernment of India Act, 1858 [Repealed] Complete Act
Title: Government of India Act, 1858 [Repealed]
State: Central
Year: 1858
.....to Officers Section19 - Duties of the Council Section20 - Secretary of State to divide the Council into Committees and to regulate the Transaction of Business Section21 - President and Vice-President Section22 - Meetings of the Council Section23 - Procedure at Meetings Section24 - Orders, etc., to be open to the Perusal of Members of Council, who may record their Opinions Section25 - Secretary of State acting against Opinions of the Majority to record his Reasons Section26 - Provision for Cases of Urgency Section27 - Orders now sent through Secret Committee may be sent by Secretary of State with out Communication with the Council Section28 - As to Communication of Secret Despatches from India Section29 - Appointment to be made by or with the Approbation of Her Majesty Section30 - Appointments now made in India to continue to be made there Section31 - Certain Sections of 16 and 17 Vict. c. 95 as to Appointment, etc. to the Civil Services repealed Section32 - Secretary of State in Council to make Regulations for the Admission of Candidates to the Civil Service of India Section33 - Other Appointments and Admissions to Service vested in her Majesty Section34 -.....
List Judgments citing this sectionBills of Exchange Act, 1882 Complete Act
State: Central
Year: 1882
.....operates as notice that the agent has but a limited authority to sign, and the principal is only bound by such signature the agent in so signing was acting within the actual limit of his authority. SECTION 26: PERSON SIGNING AS AGENT OR IN REPRESENTATIVE CAPACITY (1) Where a person signs a bill as drawer, endorser or acceptor, and adds words to his signature, indicating that he signs for or on behalf of a principal, or in a representative character, he is not personally liable thereon ; but the mere addition to his signature of words describing him as an agent, or as filling a representative character, does not exempt him from personal liability. (2) In determining whether a signature on a bill is that of the principal or that of the agent by whose hand it is written, the construction most favourable to the validity of the instrument shall be adopted. SECTION 27: VALUE DEFINED (1) Valuable consideration for a bill may be constituted by- (a) any consideration sufficient to support a simple contract ; (b) an antecedent debt or liability. Such a debt or liability is deemed valuable consideration whether the bill is payable on demand or at a future time. (2) Where value.....
List Judgments citing this sectionNegotiable Instruments Act, 1881 Chapter III
Title: Parties to Notes, Bills and Cheques
State: Central
Year: 1881
..... When the holder of an accepted bill of exchange enters into any contract with the acceptor which, under section 134 or 135 of the Indian Contract Act, 1872 (9 of 1872), would discharge the other parties, the holder may expressly reserve his right to charge the other parties, and in such case they are not discharged. Section 40 - Discharge of indorser's liability Where the holder of a negotiable instrument, without the consent of the indorser, destroys or impairs the indorser's remedy against a prior party, the indorser is discharged from liability to the holder to the same extent as if the instrument had been paid at maturity. Illustration A is the holder of a bill of exchange made payable to the order of B, which contains the following indorsements in blank:-- First indorsement, "B". Second indorsement, "Peter Williams". Third indorsement "Wright & Co.". Fourth indorsement, "John Rozario". This bill A puts in suit against John Rozario and strikes out, without John Rozario's consent, the indorsements by Peter Williams and Wright & Co. A is not entitled to recover anything from John Rozario. Section 41 - Acceptor bound, although indorsement.....
View Complete Act List Judgments citing this sectionNegotiable Instruments Act, 1881 Chapter II
Title: Of Notes, Bills and Cheques
State: Central
Year: 1881
.....to the order of, a certain person or to the bearer of the instrument. A promise or order to pay is not "conditional", within the meaning of this section and section 4, by reason of the time for payment of the amount or any instalment thereof being expressed to be on the lapse of a certain period after the occurrence of a specified event which, according to the ordinary expectation of mankind, is certain to happen, although the time of its happening may be uncertain. The sum payable may be "certain", within the meaning of this section and section 4, although it includes future interest or is payable at an indicated rate of exchange, or is according to the course of exchange, and although the instrument provides that, on default of payment of an instalment, the balance unpaid shall become due. The person to whom it is clear that the direction is given or that payment is to be made may be a "certain person", within the meaning of this section and section 4, although he is mis-named or designated by description only. Section 6 - "Cheque" 1[ 6 . "Cheque" A "cheque" is a bill of exchange dr awn on a specified banker and not expressed to be payable other wise than on.....
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