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Home Bare Acts Phrase: face valuePublic Debt Act, 1944 Section 9
Title: Summary Procedure on Death of Holder of Government Securities Not Exceeding Five Thousand Rupees Face Value
State: Central
Year: 1944
Notwithstanding anything contained in section 7, if within six months of the death of a person who was the holder of a Government security or securities the face value of which does not in the aggregate exceed five thousand rupees, probate of his will or letters of administration of his estate or a succession certificate issued under Part X of the Indian Succession Act, 1925, is not produced to the Bank, or proof to the satisfaction of the Bank that procedings have been instituted to obtain one of these is not furnished, the Bank may determine who is the person entitled to the security or securities, or to administer the estate of the deceased and may make an order vesting the security or securities in the person so determined.
View Complete Act List Judgments citing this sectionSick Textile Undertakings( Nationalisation) Act, 1974 Section 7
Title: Shares to Be Issued by the National Textile Corporation for the Value of the Assets Transferred to It by the Central Government
State: Central
Year: 1974
.....for the contribution so made, the National Textile Corporation shall issue (if necessary after amending its memorandum and articles of association) to the Central Government paid-up shares, in its equity capital, having a face value equal to the amount specified agains the sick textile undertaking in the corresponding entry in column (4) of the First Schedule. (2) Where any liability assumed by the Central Government under this Act is taken over by the National Textile Corporation under section 27, the Central Government shall surrender to that Corporation the shares issued to it under sub-section (1) having the face value equal to the amount to the extent to which the liability has been so taken over by the National Textile Corporation and thereupon the share capital of the National Textile Corporation shall, to the extent of the face value of the shares so surrendered, stand reduced.
View Complete Act List Judgments citing this sectionTextile Undertakings (Nationalisation) Act,1995 Section 7
Title: Shares to Be Issued to the National Textile Corporation for the Value of the Assets Transferred to It by the Central Government
State: Central
Year: 1995
.....and for the contribution so made, the National Textile Corporation shall issue (if necessary after amending its memorandum and articles of association) to the Central Government paid-up shares, in its equity capital, having a face value equal to the amount specified against the textile undertaking in the corresponding entry in column (4) of the First Schedule. (2) Where any liability assumed by the Central Government under this Act, is taken over by the National Textile Corporation under section 27 the Central Gpvernment shall surrender to that Corporation the shares issued to it under sub-section (1) having the face value equal to the amount to the extent to which the liability has been so taken over by the National Textile Corporation and thereupon the share capital of the National Textile Corporation shall, to the extent of the face value of the shares so surrendered, stand reduced.
View Complete Act List Judgments citing this sectionSwadeshi Cotton Mills Company Limited (Acquisition and Transfer of Undertakings) Act, 1986 Section 7
Title: Shares to Be Issued by National Textile Corporation for the Value of Assets Transferred to It by the Central Government
State: Central
Year: 1986
An amount equal to the value of the assets of the textile undertakings transferred to, and vested in the National Textile Corporation under sub-section (2) of section 3 shall be deemed to be the contribution made by the Central Government to the equity capital of the National Textile Corporation; and for the contribution so made, the National Textile Corporation shall issue (if necessary after amending its memorandum and articles of association) to the Central Government paid up shares, in its equity capital having a face value equal to the amount specified in section 8.
View Complete Act List Judgments citing this sectionPublic Debt Act, 1944 Section 10
Title: Government Securities Not Exceeding Five Thousand Rupees Face Value Belonging to Minor or Insane Person
State: Central
Year: 1944
When a Government security or securities belong to a minor or a person who is insane and incapable of managing his affairs and the value of the security or securities does not in the aggregate exceed five thousand rupees, the Bank may make such order as it thinks fit for the vesting of such security or securities in such person as it considers represents the minor or insane person.
View Complete Act List Judgments citing this sectionIndian Securities Act, 1920 Section 19
Title: Procedure on Death of Holder of Securities Not Exceeding an Aggregate Value of Five Thousand Rupees
State: Central
Year: 1920
.....s.6 for "officer"] [authority] , such [ Subs.By Act 28 of 1937 , s.6 for "officer"] [authority] may, after inquiry in the manner provided in the sub sections (2) and (3) of section 13 , determine who is the person entitled to the security or securities or to administer the estate of the deceased , and may- (a) in the case of any such security relating to a loan due for repayment , authorise payment of the amount due thereon to such person ; and (b) in the case of any such security relating to a loan not due for repayment , authorise , in the case of a promissory note, the renewal of such person , or, in the case of stock , the registration of the name of such person in substitution for the name of the deceased; and (2) Upon the payment or renewal of any promissory note in accordance with sub- section (1), the Government shall be discharged from all liability in respect of the note so paid or renewed ; and any substitution of names made in accordance with clause (b) of sub- section (1) shall, for the purposes of any claim against the government , be deemed to have effected a valid transfer of the stock in respect of which it was made. (3) Any creditor or claimant against.....
View Complete Act List Judgments citing this sectionKarnataka Existing Laws (Construction of References to Values) Act, 1957 Preamble 1
Title: Karnataka Existing Laws (Construction of References to Values) Act, 1957
State: Karnataka
Year: 1957
THE1[KARNATAKA] EXISTING LAWS (CONSTRUCTION OF REFERENCES TO VALUES) ACT, 19572 [Act No. 12 of 1957] [31st March, 1957] PREAMBLE An Act to provide for the construction of references in existing laws to values expressed in annas, pice and pies, in relation to new coins (Naye Paise). WHEREAS it is expedient to provide for the construction of references in existing laws to values expressed in annas, pice and pies, in relation to new coins (Naye Paise); BE it enacted by the1[Karnataka State] Legislature in the Eighth Year of the Republic of India as follows:- ________________________ 1. Adapted by the Karnataka Adaptations of Laws Order, 1973 w.e.f. 01.11.1973. 2. First published in the Karnataka Gazette on the First Day of April, 1957.
View Complete Act List Judgments citing this sectionKarnataka Value Added Tax (Amendment) Act, 2009 Preamble
Title: Karnataka Value Added Tax (Amendment) Act, 2009
State: Karnataka
Year: 2009
THE KARNATAKA VALUE ADDED TAX (AMENDMENT) ACT, 2009 [KARNATAKA ACT No. 5 OF 2009] PREAMBLE An Act further to amend the Karnataka Value Added Tax Act, 2003. Whereas it is expedient further to amend the Karnataka Value Added Tax Act, 2003 (Karnataka Act 32 of 2004) for the purposes hereinafter appearing; Be it enacted by the Karnataka State Legislature in the sixtieth year of the Republic of India, as follows.-
View Complete Act List Judgments citing this sectionKarnataka Existing Laws (Construction of References to Values) Act, 1957 Section 3
Title: Construction of References to Certain Values in Existing Laws
State: Karnataka
Year: 1957
In every existing law, all references to any value expressed in annas, pice and pies, shall be construed as references to that value expressed in new coins referred to in sub-section (1) of section 14 of the Indian Coinage Act, 1906 (Central Act III of 1906), converted thereto at the rate specified in sub-section (2) of section 14 of the said Act.
View Complete Act List Judgments citing this sectionKarnataka Existing Laws (Construction of References to Values) Act, 1957 Complete Act
Title: Karnataka Existing Laws (Construction of References to Values) Act, 1957
State: Karnataka
Year: 1957
Preamble 1 - KARNATAKA EXISTING LAWS (CONSTRUCTION OF REFERENCES TO VALUES) ACT, 1957 Section 1 - Short title and commencement Section 2 - Interpretation Section 3 - Construction of references to certain values in existing laws
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