Bare Act Search Results

Karnataka Municipal Corporations Act, 1976 Section 357

Title: Power of Commissioner to Require Owner of Factory, Workshop, Etc., to Put Up and Maintain the Factory, Workshop, Etc., in a Cleanly State

State: Karnataka

Year: 1976

.....in the opinion of the Commissioner, to the health of the persons employed therein, or that any engine, mill-gearing hoist or other machinery herein is so fixed or so insecurely fenced as to be dangerous to life or limb, the Commissioner may by written notice require the owner of such factory, workshop, work-place or other building or place to make such order as he thinks fit for putting and maintaining the said factory, workshop, work-place or other buildings or place in a cleanly state or for ventilating the same or for preventing the same from being overcrowd or for preventing the danger to life or limb from any engine, mill-gearing, hoist or other machinery therein. Explanation.--Nothing in this section shall be deemed to affect any of the provisions of the Indian Boilers Act, 1923, or to authorise the Commissioner to issue any order relating to the fixing or fencing of any engine, mill-gearing, hoist or other machinery in any factory to which the provisions of the Factories Act, 1948 (Central Act 63 of 1948) are applicable.

Factories Act, 1948 Section 24

Title: Striking Gear and Devices for Cutting off Power

State: Central

Year: 1948

.....which fo r m part of the transmission machinery, and such gear or appliances shall be so constructed, pla c ed and maintained as to prevent the belt from creeping back on the fast pulley; (b) driving belts when not in use shall not be allowed to rest or ride upon shafting in motion. ( 2 ) In every factory suitable devices for cutting off power in emergencies from running machinery shall be provided and maintained in every workroom : Provided that in respect of factories in operation before the commencement of this Act, the provisions of this sub-section shall apply only to workrooms in which electricity is used as power. 1[( 3 ) When a device, which can inadvertently shift from "off " to "on" position, is provided in a factory to cut off power, arrangements shall be provided for locking the device in safe position to prevent accidental star t ing of the transmission machinery or other machines to which the device is fitted]. ___________________ 1. Inserted by Act 94 of 1976, section 12 ( w.e.f. 26-10-1976) .

Coinage Act, 1906 Complete Act

State: Central

Year: 1906

.....Necessary steps will be taken to ensure security. The existing Act, namely, the Coinage Act. 1906 does not specifically provide for the manufacture and import of coins from outside the Country. Hence it is proposed to amend the Coinage Act, 1906 so as to facilitate the coining and import of coins from outside the country. 2. This Bill seeks to achieve the above object. Gaz.. of Ind" 13 -5-1985, Pt. II, S, 2, Ext., P. 2 (No. 27). An Act to consolidate and amend the law relating to Coinage and the Mint. Whereas it is expedient to consolidate and amend the law relating to Coinage and the Mint; It is hereby enacted as follows:- PRELIMINARY 2 SECTION 01: SHORT TITLE AND EXTENT (1) This Act may he called the1[* * * *] Coinage Act, 1906; and 2[2 It extends to the whole of India3[* * * *].] SECTION 02: DEFINITIONS In this Act, unless there is anything repugnant in the subject or context,- (a) "deface", with its grammatical variations and cognate expressions, includes clipping, filing, stamping, or such other alteration of the surface or shape of a coin as is readily distinguishable from the effects of reasonable wear; (b) "the Mint" includes the Mints now existing.....

Maritime Zones of India Regulation of Fishing by Foreign Vessels Act, 1981 Section 7

Title: Foreign Vessel Entering Maritime Zones of India Without Licence or Permit to Stow Gear

State: Central

Year: 1981

Where any foreign vessel enters any maritime zone of India without a valid licence or permit granted under this Act, the fishing gear, if any, of such vessel shall, at all times while it is in such zone, be kept stowed in the prescribed manner.

Companies Act, 1956 Part 7

Title: Winding Up

State: Central

Year: 1956

.....pay the sum so due and the company has for three weeks thereafter neglected to pay the sum, or to secure or compound for it to the reasonable satisfaction of the creditor; (b) if execution or other process issued on a decree or order of2[any court or Tr i bunal] in favour of a creditor of the company is returned unsatisfied in whole or in part; or (c) if it is proved to the satisfaction of the3[Tribunal] that the company is unable to pay its debts, and, in determining whether a company is unable to pay its debts, the3[Tribunal] shall take into account the contingent and prospective liabilities of the company. (2) The demand referred to in clause (a) of sub-section (1) shall be deemed to have been duly given under the hand of the creditor if it is signed by any agent or legal adviser duly authorised on his behalf, or in the case of a firm, if it is signed by any such agent or legal adviser or by any member of the firm. _____________________ 1. Substituted by Act 11 of 2003, Section 52, for "five hundred rupees". 2. Substituted by Act 11 of 2003, Section 52, for "any Court" . 3. Substituted by Act 11 of 2003, Section 52, for "Court". Section 435 to 438 - *** .....

Companies Act, 1956 Chapter 3

Title: Voluntary Winding Up

State: Central

Year: 1956

.....of company Subject to the provisions of this Act as to preferential payments, the assets of a company shall, on its winding up be applied in satisfaction of its liabilities pari passu and subject to such application, shall, unless the articles otherwise provide, be distributed among the members according to their rights and interests in the company. Section 511A - Application of section 454 to voluntary winding up 1[511A. Application of section 454 to voluntary winding up. - The provisions of section 454 shall, so far as may be, apply to every voluntary winding up as they apply to the winding up by the 2[Tribunal] except that references to-- (a) the 2[Tribunal] shall be omitted; (b) the Official Liquidator or the provisional liquidator shall be construed as references to the liquidator; and (c) the "relevant date" shall be construed as references to the date of commencement of the winding up.] ____________________ 1. Inserted by Act 31 of 1965, Section 56 (w.e.f. 15-10-1965). 2. Substituted by Act 11 of 2003, Section 88, for "Court". Section 512 - Powers and duties of liquidator in voluntary winding up ( 1) The liquidator may,- (a) in the case of a.....

Companies Act, 1956 Chapter 5

Title: Provisions Applicable to Every Mode of Winding Up

State: Central

Year: 1956

.....amount as the1[Tribunal] may, on the application of the liquidator, authorise him to retain, then, unless he explains the retention to the satisfaction of the1[Tribunal], he shall - (a) pay interest on the amount so retained in excess, at the rate of twelve per cent, per annum and also pay such penalty as may be determined by the Registrar; (b) be liable to pay any expenses occasioned by reason of his default; and (c) also be liable to have all or such part of his remuneration as the1[Tribunal] may think just disallowed, and to be removed from his office by the1[Tribunal]. _____________________ 1. Substituted by Act 11 of 2003, Section 108, for "Court". Section 554 - Liquidator not to pay moneys into private banking account Neither the Official Liquidator nor any other liquidator of a company shall pay any moneys received by him in his capacity as such into any private banking account. Section 555 - Unpaid dividends and undistributed assets to be paid into the Companies Liquidation Account 1 [(1) Where any company is being wound up, if the liquidator has in his hands or under his control any money representing - (a) dividends payable to any creditor.....

Chit Funds Act, 1982 Chapter X

Title: Winding Up of Chits

State: Central

Year: 1982

.....or (c) if he fails to deposit any amount required to be deposited under any of the provisions of this Act; or (d) if it is proved to the satisfaction of the Registrar that the foreman is unable to pay the amounts due to the subscribers; or (e) if the execution or other process issued on an order passed by the Registrar in favour of any subscriber in respect of amounts due to him from the foreman in relation to the chit business is returned unsatisfied in whole or in part; or (f) if it is proved that there has been a fraud or collusion on the part of the foreman in the matter of taking securities from any prized subscriber; or (g) if the foreman has appropriated the prize amount in his capacity as a subscriber without furnishing sufficient security for future subscriptions; or (h) if the Registrar is satisfied that the affairs of the chit are being conducted in a manner prejudicial to the interests of the subscribers; or (i) if it is just and equitable that the chit should be wound up. Explanation.-For the purpose of clause (d), in determining whether the foreman is unable to pay the amount due to the subscribers, the Registrar shall, take into account his.....

Banking Regulation Act, 1949 Part 3

Title: Suspension of Business and Winding Up of Banking Companies

State: Central

Year: 1949

.....in the opinion of the Reserve Bank- (i) a compromise or arrangement sanctioned by a court in respect of the banking company cannot be worked satisfactorily with or without modifications; or (ii) the returns, statements or information furnished to it under or in pursuance of the provisions of this Act disclose that the banking company is unable to pay its debts; or (iii) the continuance of the banking company is prejudicial to the interests of its depositors. (4) Without prejudice to the provisions contained in section 434 of the Companies Act, 1956 (I of 1956) a banking company shall be deemed to be unable to pay its debts if it has refused to meet any lawful demand made at any of its offices or branches within two working days, if such demand is made at a place where there is an office, branch or agency of the Reserve Bank, or within five working days, if such demand is made elsewhere, and if the Reserve Bank certifies in writing that the banking company is unable to pay its debts. (5) A copy of every application made by the Reserve Bank under sub-section (1) shall be sent by the Reserve Bank to the registrar. ] ______________________ 1. Substituted by Act 33 of.....

Karnataka Souharda Sahakari Act, 1997 Chapter VII

Title: Winding Up of Co--operatives

State: Karnataka

Year: 1997

.....on business for two consecutive years; or (c) is no longer operating in accordance with the co-operative principles and the provisions of this Act, rules and the bye-laws of the Co-operative, he may suomotu, require the Chief Executive of the Co-operative to intimate whether suchCo-operative is carrying on business or is submitting annual returns. (3) If no reply is received from the Chief Executive within one month, the Registrar shall within fourteen days after the expiry of the said period record that no reply has been received by him and shall publish a notice in the newspaper having wide circulation in the local area to wind up theCo-operative. (4) If the Registrar receives a reply from theCo-operative that it is not carrying on business or is not in operation or does not wish to continue as aCo-operative or can not submit an annual return, he shall publish in the newspaper and send to theCo-operative a notice specifying the date on the expiry of which the Co-operative shall, unless cause is shown to the contrary, be wound up. (5) If the Registrar after considering the reply, if any, issatisfied.- (i) that the Co-operative has no assets and liabilities, he.....