Bare Act Search Results

Companies (Amendment) Act, 2015 Complete Act

State: Central

Year: 2015

.....be omitted; (ii) in clause (71), in sub-clause (b), the words of five lakh rupees or such higher paid-up capital, shall be omitted. Amendment of section 9. 3. In section 9 of the principal Act, the words and a common seal shall be omitted. Omission of section 11 4. Section 11 of the principal Act, shall be omitted. Amendment of section 12. 5. In section 12 of the principal Act, in sub-section (3), for clause (b), the following clause shall be substituted, namely: (b) have its name engraved in legible characters on its seal, if any; . Amendment of section 22 6. In section 22 of the principal Act, (i) in sub-section (2), (a) for the words under its common seal , the words under its common seal, if any, shall be substituted; (b) the following proviso shall be inserted, namely: Provided that in case a company does not have a common seal, the authorisation under this sub-section shall be made by two directors or by a director and the Company Secretary, wherever the company has appointed a Company Secretary. ; (ii) in sub-section (3), the words and have the effect as if it were made under its common seal shall be omitted. Amendment of section 46 7. In section 46 of the.....

The Warehousing Corporations (Amendment) Act, 2015 Complete Act

State: Central

Year: 2015

.....Warehousing Corporation shall be deemed to be 2 of 1882 (a) included among other securities enumerated in section 20 of the Indian Trusts Act, 1882; and 4 of 1938. 10 of 1949 (b) the approved securities for the purposes of the Insurance Act, 1938 and the Banking Regulation Act, 1949.". Amendment of section 27. 3. In the principal Act, in section 27, for sub-section (4), the following sub-section shall be substituted, namely: (4) The bonds and debentures of a State Warehousing Corporation may be guaranteed by the appropriate Government on the recommendation of the Board of Directors of the State Warehousing Corporation at the time such bonds or debentures are issued. . Amendment of section 30 4. In the principal Act, in section 30, in sub-section (2), the proviso shall be omitted. Amendment of section 31 5. In the principal Act, in section 31, in sub-section (8), the proviso shall be omitted. Amendment of section 39 6. In the principal Act, in section 39, both the provisos shall be omitted.

Mit Art, Design And Technology University Act, 2015 Complete Act

State: Maharashtra

Year: 2015

MIT ART, DESIGN AND TECHNOLOGY UNIVERSITY ACT, 2015 MIT ART, DESIGN AND TECHNOLOGY UNIVERSITY ACT, 2015 MAHARASHTRA ACT No. XXXIX OF 2015. (First published, after having received the assent of the Governor in the Maharashtra Government Gazette, on the 21 st August 2015). An Act to provide for establishment, incorporation and regulation of MIT Art, Design and Technology University, Pune, for the development and advancement of higher education in the State and to provide for matters connected therewith and incidental thereto. WHEREAS it is expedient to provide for establishment, incorporation and regulation of the MIT Art, Design and Technology University, Pune for the development and advancement of higher education in the State and to provide for matters connected therewith and incidental thereto, for the purposes hereinafter appearing ; it is hereby enacted in the Sixty-sixth Year of the Republic of India as follows : Short title and commencement. 1. (1) This Act may be called the MIT Art, Design and Technology University Act, 2015. (2) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint. Definitions. 2. In.....

Sandip University Act, 2015 Complete Act

State: Maharashtra

Year: 2015

SANDIP UNIVERSITY ACT, 2015 SANDIP UNIVERSITY ACT, 2015 MAHARASHTRA ACT No. XXXVIII OF 2015. (First published, after having received the assent of the Governor in the Maharashtra Government Gazette , on the 21st August 2015). An Act to provide for establishment, incorporation and regulation of Sandip University, Nashik, for the development and advancement of higher education in the State and to provide for matters connected therewith and incidental thereto. WHEREAS it is expedient to provide for establishment, incorporation and regulation of the Sandip University, Nashik for the development and advancement of higher education in the State and to provide for matters connected therewith and incidental thereto, for the purposes hereinafter appearing ; it is hereby enacted in the Sixty-sixth Year of the Republic of India as follows : Short title and commencement 1. (1) This Act may be called the Sandip University Act, 2015. (2) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint. Definition 2. In this Act, unless the context otherwise requires, (a) Board of Management means the Board of Management constituted.....

The Adamas University Act, 2014 Complete Act

State: West Bengal

Year: 2014

.....in the Sixty-fifth Year of the Republic of India, by the Legislature of West Bengal, as follows:- Short title, extent and commencement:- 1. (1) This Act may be called the Adamas University Act, 2014. (2) It shall extend to the whole of the State of West Bengal. (3) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint. Definitions:- 2. In this Act, unless the context otherwise requires,- (1) Academic Council means the Academic Council of the University; (2) Administrator means the Administrator appointed under this Act by the State Government; (3) Chairman means the Chairman of the Governing Board; (4) Chancellor means the Chancellor of the University; (5) Distance Education means education imparted by a combination of any two or more means of communication like contact programmes, correspondence courses, online courses, broadcasting, telecasting, seminars and any other such methodology; Note.-Through distance education a student is expected to study a course or a part of it without being present physically; (6) Employee means a person appointed by the University to work in the University or its study centres,.....

The Seacom Skills University Act, 2014 Complete Act

State: West Bengal

Year: 2014

.....conducted by the University or by Common Entrance Test conducted at the State or National level: Provided that any achievements in co-curricular activities or extra-curricular activities may be given weightage at the discretion of the University: Provided further that the admission criteria for specific courses, as prescribed by the concerned Regulatory Bodies, shall be adhered to. (3) The seats in Engineering and Technology courses in the University or the colleges and other institutions subsumed in the University, shall be guided by the existing framework of the All India entrance examination or the West Bengal Joint Entrance Board through its state level common entrance test and counseling process until the University opts to work out its own entrance examination framework for admission into the courses as per the decision of the Governing Board. (4) The University shall keep five percent of total intake reserved for filling up with economically weaker persons in the manner as may be prescribed by the State Government from time to time. Examinations and results:- 35. (1) The University shall at the beginning of each academic session and in any case not later than 31st of.....

Companies Act, 2013, Section 212

Title: Investigation into Affairs of Company by Serious Fraud Investigation Office

State: Central

Year: 2013

..... (6) Notwithstanding anything contained in the Code of Criminal Procedure, 1973 (2 of 1974), the offences covered under sub-sections (5) and (6) of section 7, section 34, section 36, subsection (1) of section 38, sub-section (5) of section 46, sub-section (7) of section 56, subsection (10) of section 66, sub-section (5) of section 140, sub-section (4) of section 206, section 213, section 229, sub-section (1) of section 251, sub-section (3) of section 339 and section 448 which attract the punishment for fraud provided in section 447 of this Act shall be cognizable and no person accused of any offence under those sections shall be released on bail or on his own bond unless-- (i) the Public Prosecutor has been given an opportunity to oppose the application for such release; and (ii) where the Public Prosecutor opposes the application, the court is satisfied that there are reasonable grounds for believing that he is not guilty of such offence and that he is not likely to commit any offence while on bail: Provided that a person, who, is under the age of sixteen years or is a woman or is sick or infirm, may be released on bail, if the Special Court so directs: Provided further.....

Companies Act, 2013, Section 281

Title: Submission of Report by Company Liquidator

State: Central

Year: 2013

.....and any other matters which, in his opinion, it is desirable to bring to the notice of the Tribunal. (3) The Company Liquidator shall also make a report on the viability of the business of the company or the steps which, in his opinion, are necessary for maximising the value of the assets of the company. (4) The Company Liquidator may also, if he thinks fit, make any further report or reports. (5) Any person describing himself in writing to be a creditor or a contributory of the company shall be entitled by himself or by his agent at all reasonable times to inspect the report submitted in accordance with this section and take copies thereof or extracts therefrom on payment of the prescribed fees.

Companies Act, 2013, Section 285

Title: Settlement of List of Contributories and Application of Assets

State: Central

Year: 2013

.....for the preceding one year or more before the commencement of the winding up; (b) a person who has been a member shall not be liable to contribute in respect of any debt or liability of the company contracted after he ceased to be a member; (c) no person who has been a member shall be liable to contribute unless it appears to the Tribunal that the present members are unable to satisfy the contributions required to be made by them in pursuance of this Act; (d) in the case of a company limited by shares, no contribution shall be required from any person, who is or has been a member exceeding the amount, if any, unpaid on the shares in respect of which he is liable as such member; (e) in the case of a company limited by guarantee, no contribution shall be required from any person, who is or has been a member exceeding the amount undertaken to be contributed by him to the assets of the company in the event of its being wound up but if the company has a share capital, such member shall be liable to contribute to the extent of any sum unpaid on any shares held by him as if the company were a company limited by shares.

Companies Act, 2013, Section 290

Title: Powers and Duties of Company Liquidator

State: Central

Year: 2013

.....receipts and other documents, and for that purpose, to use, when necessary, the company's seal; (c) to sell the immovable and movable property and actionable claims of the company by public auction or private contract, with power to transfer such property to any person or body corporate, or to sell the same in parcels; (d) to sell the whole of the undertaking of the company as a going concern; (e) to raise any money required on the security of the assets of the company; (f) to institute or defend any suit, prosecution or other legal proceeding, civil or criminal, in the name and on behalf of the company; (g) to invite and settle claim of creditors, employees or any other claimant and distribute sale proceeds in accordance with priorities established under this Act; (h) to inspect the records and returns of the company on the files of the Registrar or any other authority; (i) to prove rank and claim in the insolvency of any contributory for any balance against his estate, and to receive dividends in the insolvency, in respect of that balance, as a separate debt due from the insolvent, and rateably with the other separate creditors; (j) to draw, accept, make and.....