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Start Free TrialBombay Hereditary Offices Act, 1874, (Maharashtra) Section 19
Title: Mode of Fixing Amount Payable when Profits of a Watan Fluctuate
State: Maharashtra
Year: 1874
Whenever, on failure of the panchayat to come to a decision, the Collector, acting under the last preceding section on, passes a decision, and it appears that the profits of the watan or part thereof are of fluctuating amount, or are payable in kind, it shall be lawful for the Collector to determine the amount payable and to decide whether the payment shall be made in kind or money.
View Complete Act List Judgments citing this sectionIndustrial Reconstruction Bank of India Act, 1984 Chapter V
Title: Objects Of, and Business to Be Transacted by the Reconstruction Bank
State: Central
Year: 1984
.....of bills of exchange-and promissory notes, made, drawn, accepted or endorsed by any industrial concern or by any person selling capital goods manufactured by one industrial concern to another industrial concern; (j) promoting, owning, taking over, managing industrial concerns and acting as authorised person, where so appointed by the Central Government, to manage an industrial concern, including ancillaries; (k) transferring or acquiring for consideration any instrument relating to loans and advances; (l) providing technical, legal, administrative and marketing assistance, promoting, assisting and financing mergers, amalgamation or reconstruction of an industrial or business concern; (m) providing management assistance to industrial concerns including nationalised undertakings by deputing officers from its own cadre or a separate management pool constituted for the purpose; (n) undertaking research and surveys for evaluating or dealing with marketing or investments, carrying on techno-economic studies in connection with reconstruction and development of industry and establishment of institutes for such purposes including training of personnel; (o) granting,.....
View Complete Act List Judgments citing this sectionIndustrial Reconstruction Bank of India Act, 1984 Section 23
Title: Loans in Foreign Currency
State: Central
Year: 1984
.....in India at the time of repayment of such loan or advance. (4) Any loss or profit in connection with any borrowing of foreign currency under sub-section (1), for the purpose of granting loans and advances under this Act, or with its repayment to the concerned foreign lending agency, on account of any fluctuations in the rate of exchange accruing -- (a) during the period within which the loan or advance is repayable by the industrial concern or the period of actual repayment thereof by the concern, whichever is longer, shall be reimbursed by, or paid to, as the case may be, the recipients of such loans and advances; (b) after the expiry of the period specified in clause (a),-- (i) shall be borne by the Reconstruction Bank in respect of normal market fluctuations in foreign exchange; (ii) shall be reimbursed by, or paid to, as the case may be, the Central Government in respect of fluctuations other than the normal market fluctuations in foreign exchange. Explanation.-- If any question arises as to whether any fluctuation as aforesaid is a normal fluctuation or not, the same shall be decided by the Central Government whose decision thereon shall be final.
View Complete Act List Judgments citing this sectionSmall Industries Developement Bank of India Act, 1989 Chapter IV
Title: Business of the Small Industries Bank
State: Central
Year: 1989
.....and promissory notes made, drawn, accepted or endorsed by industrial concerns in the small-scale sector or by any person selling products manufactured by an industrial concern in the small-scale sector; (iii) subscribing to, or purchasing stocks, shares bonds or debentures of, any State Financial Corporation, State Industrial Development Corporation, State Small Industries Corporation, National Small Industries Corporation or 2 [such other financial institutions as may be approved by the Board in this behalf]; (iv) granting lines of credit or loans and advances to any State Financial Corporation, State Industrial Development Corporation, State Small Industries Corporation, National Small Industries Corporation or 2 [such other financial institutions as may be approved by the Board in this behalf|; (v) granting loans and advances to any industrial concern in the small-scale sector or subscribing to, or purchasing, or under-writing the issue of stocks, shares, bonds or debentures of, any such concern: Provided that nothing contained in this clause shall be deemed to preclude the Small Industries Bank from granting loans or advances to, or subscribing to the.....
View Complete Act List Judgments citing this sectionSmall Industries Developement Bank of India Act, 1989 Section 19
Title: Loans in Foreign Currency
State: Central
Year: 1989
..... (4) Unless otherwise provided by the Central Government, any loss or profit in connection with any borrowing of foreign currency under sub-section (1) for the purpose of granting loans and advances under this Act, or with its repayment to the concerned foreign lending agency, on account of any fluctuations in the exchange accruing-- (a) during the period within which the loan or advance is repayable by the industrial concern in the small-scale sector or the period of actual repayment thereof by the concern, whichever is longer, shall be reimbursed by, or paid to, as the case may be, the recipient of such loans and advances; (b) after the expiry of the period specified in clause (a),-- (i) shall be borne by the Small Industries Bank in respect of normal market fluctuations in the rate of foreign exchange; (ii) shall be reimbursed by, or paid to, as the case may be, the Central Government in respect of fluctuations other than the normal market fluctuations in foreign exchange. Explanation.--If any question arises as to whether any fluctuation as aforesaid is a normal market fluctuation or not, the same shall be decided by the Central Government whose decision.....
View Complete Act List Judgments citing this sectionSmall Industries Development Bank of India Act, 1989 Complete Act
State: Central
Year: 1989
.....registered office, or (2) carries on the whole or part of his business, at the time of commencement of any legal proceedings against him under this Act, or (ii) the cause of action for such legal proceedings, wholly or in part, arises; (d) "Development Bank" means the Industries Development Bank of India established under Section 3 of the Industries Development Bank of India Act, 1964 (18 of 1964)-; (e) "Director" means a Director nominated under sub-section (1) of Section 6-and includes the "Chairman and Managing Director and whole time director"; (f) "export" means export from India of products or services of any industrial concern in small-scale sector ; 2(fa) "General Insurance Corporation" means the General Insurance Corporation of India formed under Sec. 9 of the General Insurance Business (Nationalisation) Act, 1972 (57 of 1972)" (g) "import" means import into India of services or goods including all materials, commodities and articles in a solid, liquid or gaseous state and all forms of energy for the use of any industrial concern in the small-scale sector ; (h) "industrial concern in the small-scale sector" means an industrial concern as defined in clause (c).....
List Judgments citing this sectionIndustrial Development Bank of India Act, 1964 Complete Act
State: Central
Year: 1964
.....for providing credit and other facilities for the development of industry and for matters connected therewith and further to amend certain enactments. Be it enacted by Parliament in the Fifteenth Year of the Republic of India as follows :- SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT (1) This Act may be called the Industrial Development Bank of India Act, 1964.- (2) It extends2to the whole of India. (3) It shall come into force on such date as the Central Government may, by notification3in the Official Gazette, appoint and different dates may be appointed for different provisions of this Act. SECTION 02: DEFINITIONS - In this Act, unless the context otherwise requires,- (a) "Board" means the Board of Directors of the Development Bank; (b) "Development Bank" means the Industrial Development Bank of India established under section 3-; [(c) "Industrial concern" means any concern engaged or to be engaged in,- (i) the manufacture, preservation or processing of goods; (ii) shipping; [(iii) mining including development of mines,] (iv) the hotel industry. (v) the transport of passengers or goods by road or by water or4[by air or by ropeway or by lift]; [(vi) the generation,.....
List Judgments citing this sectionIndustrial Reconstruction Bank of India Act, 1984 Complete Act
State: Central
Year: 1984
.....and obligations of whatever kind then subsisting of the Corporation in relation to its undertaking. (4) Unless otherwise expressly provided by this Act, all contracts, deeds, bonds, agreements, powers of attorney, grants of legal representation and other instruments of whatever nature subsisting or having effect immediately before the appointed day and to which to Corporation is a party or which are in favour of the Corporation, shall be of as full force and effect against or in favour of the Reconstruction Bank, and may be enforced or acted upon as fully and effectually as if, in the place of the Corporation, the Reconstruction Bank had been a party thereto or as if they had been issued in favour of the Reconstruction Bank. (5) If, on the appointed day, any suit, appeal or other proceeding of whatever nature in relation to the business of the undertaking which has been transferred under this section, is pending by, or against, the Corporation, the same shall not abate, be discontinued or be, in any way, prejudicially affected by reason of the transfer of the undertaking of the Corporation or of anything contained in this Act, and the suit, appeal or other proceeding may be.....
List Judgments citing this sectionGovernment of India Act, 1915-19 [Repealed] Repealing Act 1
Title: Government of India Act, 1935
State: Central
Year: 1915
.....of ministers. (3) If any question arises whether any matter is or is not a matter as respects which the Governor-General is by or under this Act required to act in his discretion or to exercise his individual judgment, the decision, of the Governor-General in his discretion shall be final, and the validity of anything done by the Governor-General shall not be called in question on the ground that he ought or ought not to have acted in his discretion, or ought or ought not to have exercised his individual judgment]. ___________________________ 1.These words up to the end of the section were omitted, by the India (Provisional Constitution) Order, 1947. 10. Other Provisions as to ministers (1) The Governor-General's ministers shall be chosen and summoned by him, shall be sworn as members of the council, and shall hold office during his pleasure. (2) A minister who for any period of six consecutive months is not a member of 1 [either Chamber of] the Federal Legislature shall at the expiration of that period cease to be a minister. (3) The salaries of ministers shall be such as the Federal Legislature may from time to time by Act determine and, until the Federal.....
View Complete Act List Judgments citing this sectionBihar and Uttar Pradesh (Alteration of Boundaries) Act, 1968 Complete Act
State: Central
Year: 1968
.....transferred from one State to another and follow generally the corresponding provisions ofthe Andhra Pradesh and Madras (Alteration of Boundaries) Act. 1959-orthe Bombay Reorganisation Act, 1960- Gaz. of Ind.. 12-8-1967. Pt, II. S. 2. Ext.. p. 862. SECTION 14: ARREARS OF TAXES - The right of Bihar or Uttar Pradesh to recover arrears of any tax or duty on property situate in the transferred territories, including land revenue, or to recover arrears of any other tax or duty in any case where the place of assessment of that tax or duty is in the transferred territories shall belong to the State to which the territories are transferred. SECTION 15: RIGHT TO RECOVER LOANS AND ADVANCES - The right to recover any loans or advances made before the appointed day by Bihar or Uttar Pradesh to any local body, society, agriculturist, or other person in the transferred territories shall belong to the State to which the territories are transferred. SECTION 16: REFUND OF TAXES COLLECTED IN EXCESS - The liability of Bihar or Uttar Pradesh to refund any tax or duty on property situate in the transferred territories, including land revenue, collected in excess shall be the liability.....
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