Bare Act Search Results

The Commercial Courts, Commercial Division &Amp; Commercial Appellate Division Of High Courts Act, 2015 Complete Act

State: Central

Year: 2015

.....APPELLATE DIVISION OF HIGH COURTS ACT, 2015 THE COMMERCIAL COURTS, COMMERCIAL DIVISION & COMMERCIAL APPELLATE DIVISION OF HIGH COURTS ACT, 2015 NO. 4 OF 2016 An Act to provide for the constitution of Commercial Courts, Commercial Division and Commercial Appellate Division in the High Courts for adjudicating commercial disputes of specified value and matters connected therewith or incidental thereto. Be it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows: CHAPTER I PRELIMINARY Short title, extent and commencement. 1. (1) This Act may be called the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015. (2) It extends to the whole of India except the State of Jammu and Kashmir. (3) It shall be deemed to have come into force on the 23rd day of October, 2015. Definitions. 2. (1) In this Act, unless the context otherwise requires, (a) Commercial Appellate Division means the Commercial Appellate Division in a High Court constituted under sub-section (1) of section 5; (b) Commercial Court means the Commercial Court constituted under sub-section (1) of section 3; (c) commercial dispute .....

Companies Act, 2013, Schedule

Title: Schedule Iii

State: Central

Year: 2013

.....investments do not have a value on realisation in the ordinary course of business at least equal to the amount at which they are stated, the fact that the Board is of that opinion, shall be stated. PART II - STATEMENT OF PROFIT AND LOSS Name of the Company......................... Profit and loss statement for the year ended ........................... (Rupees in............) Particulars Note No. Figures as at the end of current reporting period Figures as at the end of the previous reporting period 1 2 3 4 I. Revenue from operations xxx xxx II. Other income xxx xxx III. Total Revenue (I + II) xxx xxx IV. Expenses: Cost of materials consumed Purchases of Stock-in-Trade Changes in inventories of finished goods xxx xxx work-in-progress and xxx xxx Stock-in-Trade xxx xxx Employee benefits expense xxx xxx Finance costs Depreciation and amortisation expense Other expenses Total expenses xxx xxx V. Profit before exceptional and extraordinary items and tax (III - IV) xxx xxx VI. Exceptional items xxx xxx VII. Profit before.....

Finance Act, 2012, (Central) Section 21

Title: Amendment of Section 56

State: Central

Year: 2012

.....company or a venture capital fund; or (ii) by a company from a class or classes of persons as may be notified by the Central Government in this behalf. Explanation.--For the purposes of this clause,-- (a) the fair market value of the shares shall be the value-- (i) as may be determined in accordance with such method as may be prescribed; or (ii) as may be substantiated by the company to the satisfaction of the Assessing Officer, based on the value, on the date of issue of shares, of its assets, including intangible assets being goodwill, know-how, patents, copyrights, trademarks, licences, franchises or any other business or commercial rights of similar nature, whichever is higher; (b) "venture capital company", "venture capital fund" and "venture capital undertaking" shall have the meanings respectively assigned to them in clause (a), clause (b) and clause (c) of Explanation 1 to clause (23FB) of section 10;'.

Finance Act, 2012, (Central) Section 34

Title: Amendment of Section 92b

State: Central

Year: 2012

..... (e) a transaction of business restructuring or reorganisation, entered into by an enterprise with an associated enterprise, irrespective of the fact that it has bearing on the profit, income, losses or assets of such enterprises at the time of the transaction or at any future date; (ii) the expression "intangible property" shall include-- (a) marketing related intangible assets, such as, trademarks, trade names, brand names, logos; (b) technology related intangible assets, such as, process patents, patent applications, technical documentation such as laboratory notebooks, technical know-how; (c) artistic related intangible assets, such as, literary works and copyrights, musical compositions, copyrights, maps, engravings; (d) data processing related intangible assets, such as, proprietary computer software, software copyrights, automated databases, and integrated circuit masks and masters; (e) engineering related intangible assets, such as, industrial design, product patents, trade secrets, engineering drawing and schematics, blueprints, proprietary documentation; (f) customer related intangible assets, such as, customer lists, customer contracts, customer.....

The Khurukshetra University (Second Amendment) Act, 2012 Complete Act

State: Haryana

Year: 2012

THE KHURUKSHETRA UNIVERSITY (SECOND AMENDMENT) ACT, 2012 THE KHURUKSHETRA UNIVERSITY (SECOND AMENDMENT) ACT, 2012 [Act No. 23 of 2012] [14th September, 2012] PREAMBLE An Act Further to amend the Kurukshetra University Act, 1986. Be it enacted by the Legislature of the State of Haryana in the Sixty-third Year of the Republic of India as follows:-- Section 1 - Short title This Act may be called the Kurukshetra University (Second Amendment) Act, 2012. Section 2 - Amendment of section 4 of Haryana Act 28 of 1986 After sub-section (2) of section 4 of the Kurukshetra University Act, 1986, the following sub-section shall be added, namely:-- "(3) The University shall not, itself or through franchise or agency, operate or open any off campus centre and study centre: Provided further that if the University has well maintained post graduate regional centres with all the requisite infrastructure, the same shall continue to be administered by the University." Explanation.--For the purposes of this sub-section,-- (i) "off campus centre" means a centre of the University, by whatever name called, established by it outside the main campus, operated and.....

The Maharshi Dayanand University (Second Amendment) Act, 2012 Complete Act

State: Haryana

Year: 2012

THE MAHARSHI DAYANAND UNIVERSITY (SECOND AMENDMENT) ACT, 2012 THE MAHARSHI DAYANAND UNIVERSITY (SECOND AMENDMENT) ACT, 2012 [Act No. 24 of 2012] [14th September, 2012] PREAMBLE An Act Further to amend the Maharshi Dayanand University Act, 1975. Be it enacted by the Legislature of the State of Haryana in the Sixty-third Year of the Republic of India as follow:-- Section 1 - Short title This Act may be called the Maharshi Dayanand University (Second Amendment) Act, 2012. Section 2 - Amendment of section 4 of Haryana Act 25 of 1975 After sub-section (2) of section 4 of the Maharshi Dayanand University Act, 1975, the following sub-section shall be added, namely:-- "(3) The University shall not, itself or through franchise or agency, operate or open off any campus centre and study centre: Provided further that if the University has well maintained post graduate regional centres with all the requisite infrastructure, the same shall continue to be administered by the University." Explanation.--For the purposes of this sub-section,-- (i) "off campus centre" means a centre of the University, by whatever name called, established by it outside the main.....

Factoring Regulation Act, 2011, (Central) Section 2

Title: Definitions

State: Central

Year: 2011

.....in clause (f) of section 45-I of the Reserve Bank of India Act, 1934, (2 of 1934) which has been granted a certificate of registration under sub-section (1) of section 3 or anybody corporate established under an Act of Parliament or any State Legislature or any Bank or any company registered under the Companies Act, 1956 (1 of 1956) engaged in the factoring business; (j) "factoring business" means the business of acquisition of receivables of assignor by accepting assignment of such receivables or financing, whether by way of making loans or advances or otherwise against the security interest over any receivables but does not include-. (i) credit facilities provided by a bank in its ordinary course of business against security of receivables; (ii) any activity as commission agent or otherwise for sale of agricultural produce or goods of any kind what so ever or any activity relating to the production, storage, supply, distribution, acquisition or control of such produce or goods or provision of any services. Explanation. -For the purposes of this clause- (i) the expression "agricultural produce" shall have the meaning assigned to it under clause (a) of section 2 of.....

The Representation of the People (Amendment) Act, 2010 No. 36 of 2010[21st September, 2010.] Complete Act

Title: The Representation of the People (Amendment) Act, 2010 No. 36 of 2010[21st September, 2010.]

State: Central

Year: 2010

.....22. - In section 22 of the principal Act,-(a) after the words "amend, transpose or delete the entry", the words "after proper verification of facts in such manner as may be prescribed" shall be inserted;(b) in the proviso, after the words "proposed to be taken in relation to him", the words "after proper verification of facts in such manner as may be prescribed" shall be inserted. 4. Amendment of section 23. - In section 23 of the principal Act, in sub-section (2),-(a) after the words "direct his name to be included therein", the words "after proper verification of facts in such manner as may be prescribed" shall be inserted;(b) in the proviso, after the words "strike off the applicant's name in that roll", the words "after proper verification of facts in such manner as may be prescribed" shall be inserted. 5. Amendment of section 28. - In section 28 of the principal Act, in sub-section (2), after clause (h), the following clauses shall be inserted, namely:-''(hh) the procedure for proper verification of facts for amending, transposing or deleting any entry in the electoral rolls, under section 22;(hhh) the procedure for proper verification of facts for inclusion of or.....

The Punjab Special Economic Zones Act, 2009 Complete Act

State: Punjab

Year: 2009

.....fees, cess and levies (11) (1) The following shall be exempted from the payment of any tax, duty, fee, cess or any other levy under the Relevant Act, enacted by the Punjab State Legislature, namely :- (i) any goods exported out of or imported into the Special Economic Zone; (ii) any inter-unit transaction of goods within the Special Economic Zone; (iii) any goods from the Special Economic Zones, sent for value addition to the domestic tariff area and returned to the Special Economic Zone thereafter; (iv) any service providing for the value addition to a product within the Special Economic Zones; (v) any service, provided to the Special Economic Zone developer or a unit in Special Economic Zone for authorized operations; (vi) stamp duty and registration fee on purchase of land for establishing a Special Economic Zone; (vii) stamp duty and registration fee on the first transfer or lease of immovable property within the Special Economic Zone. However, all subsequent transfers or leases shall be liable to levy of stamp duty and registration fee; and (viii) levy of social security cess on purchase of land for establishing a Special Economic Zone, and on the first.....

The Haryana Special Economic Zone Act, 2005 Complete Act

State: Haryana

Year: 2005

.....and shall also include packaging. (2) All other words and expressions used and not defined in this Act but defined in the Special Economic Zones Act, 2005 (Central Act 28 of 2005), shall have the meanings respectively assigned to them in the said Act. CHAPTER II CONSTITUTION OF COMMITTEES AND SPECIAL ECONOMIC ZONE Constitution and functions of project evaluation committee. 3. (1) The Government shall by notification in the Official Gazette, constitute, for the purposes of this Act, a committee to be called project evaluation committee. (2) The project evaluation committee shall consist of- (a) Secretary to Government, Haryana, Industries and Commerce Department : Chairman (b) Director, Town and Country Planning Department : Member (c) Managing Director, Haryana State Industrial Development Corporation : Member (d) Managing Director, Haryana Vidyut Prasaran Nigam : Member (e) Engineer-in-Chief, Irrigation Department : Member (f) Representative of Finance Department not below the rank of Joint Secretary : Member (g) Concerned Managing Director, Uttar Haryana Bijli Vitran Nigam or Dakshin Hrayana Bijli Vitran Nigam : Member (h) Director, Industries.....