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State Financial Corporations Act, 1951 Complete Act

Title: State Financial Corporations Act, 1951

State: Central

Year: 1951

.....employees of the Financial Corporation Chapter III Section24 - General duty of the Board Section25 - Business which Financial Corporation may transact Section25A - Power to acquire rights Section25B - Gifts, grants etc. Section26 - Limit of accommodation Section27 - Power to impose conditions for accommodation Section28 - Prohibited business Section29 - Rights of Financial Corporation in case of default Section30 - Power to call for repayment before agreed period Section31 - Special provisions for enforcement of claims by Financial Corporation Section32 - Procedure of district judge in respect of applications under Section 31 Section32A - Power of Financial Corporation to appoint directors or administrators of an industrial concern when management is taken over Section32B - Effect of notified order under Section 32A Section32C - Powers and duties of directors and administrators Section32D - No right to compensation for termination of contract of managing agent, managing director, etc. Section32E - Application of Act 1 of 1956 Section32F - Restriction on tiling of suite for dissolution, etc., of an industrial concern not being a company when its management is.....

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Indian Contract Act, 1872 Complete Act

Title: Indian Contract Act, 1872

State: Central

Year: 1872

.....- Ratification may be expressed or implied Section198 - Knowledge requisite for valid ratification Section199 - Effect of ratifying unauthorized act forming part of a transaction Section200 - Ratification of unauthorized act cannot injure third person Section201 - Termination of agency Section202 - Termination of agency, where agent has an interest in subject-matter Section203 - When principal may revoke agents authority Section204 - Revocation where authority has been partly exercised Section205 - Compensation for revocation by principal, or renunciation by agent Section206 - Notice of revocation or renunciation Section207 - Revocation and renunciation may be expressed or implied Section208 - When termination of agents authority takes effect as to agent and as to third persons Section209 - Agents duty on termination of agency by principals death or insanity Section210 - Termination of sub-agents authority Section211 - Agents duty in conducting principals business Section212 - Skill and diligence required from agent Section213 - Agents accounts Section214 - Agents duty to communicate with principal Section215 - Right of principal when agent deals, on his own.....

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Contract Labour (Regulation and Abolition) Act, 1970 Complete Act

Title: Contract Labour (Regulation and Abolition) Act, 1970

State: Central

Year: 1970

.....- First-aid facilities Section20 - Liability of principal employer in certain cases Section21 - Responsibility for payment of wages Chapter VI Section22 - Obstructions Section23 - Contravention of provisions regarding employment of contract labour Section24 - Other offences Section25 - Offences by companies Section26 - Cognizance of offences Section27 - Limitation of prosecutions Chapter VII Section28 - Inspecting staff Section29 - Registers and other records to be maintained Section30 - Effect of laws and agreements inconsistent with this Act Section31 - Power to exempt in special cases Section32 - Protection of action taken under this Act Section33 - Power to give directions Section34 - Power to remove difficulties Section35 - Power to make rules

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Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Complete Act

Title: Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

State: Central

Year: 2002

.....of securitisation, reconstruction and creation of security interest Section24 - Modification of security interest registered under this Act Section25 - Securitisation company or reconstruction company or secured creditor to report satisfaction of security interest Section26 - Right to inspect particulars of securitisation, reconstruction and security interest transactions Chapter V Section27 - Penalties Section28 - Penalties for non-compliance of direction of Reserve Bank Section29 - Offences Section30 - Cognizance of offence Chapter VI Section31 - Provisions of this Act not to apply in certain cases Section32 - Protection of action taken in good faith Section33 - Offences by companies Section34 - Civil court not to have jurisdiction Section35 - The provisions of this Act to override other laws Section36 - Limitation Section37 - Application of other laws not barred Section38 - Power of Central Government to make rules Section39 - Certain provisions of this Act to apply after Central Registry is set-up or cause to be set-up Section40 - Power to remove difficulties Section41 - Amendments of certain enactments Section42 - Repeal and saving Schedule1 -.....

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Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983 Complete Act

Title: Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983

State: Central

Year: 1983

Preamble1 - PUBLIC FINANCIAL INSTITUTIONS (OBLIGATION AS TO FIDELITY AND SECRECY) ACT, 1983 Section1 - Short title Section2 - Definitions Section3 - Obligation as to fidelity and secrecy Section4 - Declaration of fidelity and secrecy Section5 - Amendment of Act 15 of 1948 Section6 - Amendment of Act 63 of 1951 ScheduleI - SCHEDULE

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Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006 Complete Act

Title: Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006

State: Central

Year: 2006

Preamble1 - BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) AND FINANCIAL INSTITUTIONS LAWS (AMENDMENT) ACT, 2006 Chapter I Section1 - Short title and Commencement Chapter II Section2 - Amendment of section 3 Section3 - Amendment of section 9 Section4 - Insertion of new section 9A Section5 - Amendment of section 10A Section6 - Insertion of new section 10B Section7 - Insertion of new section 18A Chapter III Section8 - Amendment of section 3 Section9 - Amendment of section 9 Section10 - Insertion of new section 9A Section11 - Amendment of section 10A Section12 - Insertion of new section 10B Section13 - Insertion of new section 18A Chapter IV Section14 - Amendment of section 20 Section15 - Amendment of section 21A Chapter V Section16 - Amendment of section 26 of Act 38 of 1959 Chapter VI Section17 - Amendment of section 6 of Act 47 of 1961 Section18 - Amendment of section 6 of Act 28 of 1981 Section19 - Amendment of section 7 of Act 53 of 1987

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Karnataka Protection Oe Interest of Depositors in Financial Establishments Act, 2004 Complete Act

Title: Karnataka Protection Oe Interest of Depositors in Financial Establishments Act, 2004

State: Karnataka

Year: 2004

.....by financial establishment Chapter IV Section 10 - Special Court Section 11 - Powers of the Special Court regarding realisation of assets and payment to depositors Section 12 - Powers of Special Court regarding attachment Section 13 - Attachment of property of mala fide transferees Section 14 - Security in lieu of attachment Section 15 - Administration of property attached Section 16 - Appeal Section 17 - Special Public Prosecutor Section 18 - Procedure and powers of Special Court regarding offences Chapter V Section 19 - Act to override other laws Section 20 - Protection of action taken in good faith Section 21 - Power to make rules Section 22 - Power to remove difficulties

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Recovery of Debts Due to Banks and Financial Institutions Act, 1993 Complete Act

Title: Recovery of Debts Due to Banks and Financial Institutions Act, 1993

State: Central

Year: 1993

.....Tribunal Section23 - Right to legal representation and Presenting Officers Section24 - Limitation Chapter 5 Section25 - Modes of recovery of debts Section26 - Validity of certificate and amendment thereof Section27 - Stay of proceedings under certificate and amendment or withdrawal thereof Section28 - Other modes of recovery Section29 - Application of certain provisions of Income-tax Act Section30 - Appeal against the order of Recovery Officer Chapter 6 Section31 - Transfer of pending cases Section31A - Power of Tribunal to issue certificate of recovery in case of decree or order Section32 - Chairperson, Presiding Officer and staff of Appellate Tribunal and Tribunal to be public servants Section33 - Protection of action taken in good faith Section34 - Act to have over-riding effect Section35 - Power to remove difficulties Section36 - Power to make rules Section37 - Repeal and saving Amending Act1 - AMENDMENT ACT

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Motor Vehicles Act, 1988 Complete Act

State: Central

Year: 1988

..... (6) "conductor's licence" means the licence issued by a competent authority under Chapter III authorising the person specified therein to act as a conductor; (7) "contract carriage" means a motor vehicle which carries a passenger or passengers for hire or reward and is engaged under a contract, whether expressed or implied, for the use of such vehicle as a whole for the carriage of passengers mentioned therein and entered into by a person with a holder of a permit in relation to such vehicle or any person authorised by him in this behalf on a fixed or an agreed rate or sum- (a) on a time basis, whether or not with reference to any route or distance; or (b) from one point to another, and in either case, without stopping to pick up or set down passengers not included in the contract anywhere during the journey, and includes- (i) a maxicab; and (ii) a motorcab notwithstanding the separate fares are charged for its passengers; (8) "dealer" includes a person who is engaged- (a) 1 [ x x x] (b) in building bodies for attachment to chassis; or (c) in the repair of motor vehicles; or (d) in the business of hypothecation, leasing or hire-purchase of motor vehicle; (9).....

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The Punjab Infrastructure (Development & Regulation) Act, 2002 Complete Act

State: Punjab

Year: 2002

.....which The Punjab State Electricity Regulatory Commission established under sub-section (1) of section 17 of the Electricity Regulatory Commissions Act, 1998 (Act No. 14 of 1998), is empowered to discharge. (2) The Authority shall always act consistent with the objectives and purposes for which it has been established. (3) Orders passed by the Authority in exercise of its powers under this Act, shall be final and binding on all concerned and shall be executable as a decree. Section 15 - Authority to have powers of a Civil Court (1) The Authority, in conduct of all proceedings before it and in exercise of its powers under this Act, will be guided by the principles of natural justice. (2) The Authority shall have the some powers as are vested in a Civil Court under the Code of Civil Procedure, 1908, in respect of :- (i) summoning and enforcing the attendance of any person and examining him on oath; (ii) requiring the discovery and production of documents (iii) receiving evidence on affidavits ; (iv) issuing commissions for the examination of witnesses or documents; (v) reviewing its decisions ; (vi) dismissing an application for default or deciding it ex parte, setting aside any.....

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