Bare Act Search Results

Agricultural Refinance and Development Corporation Act, 1963 Complete Act

State: Central

Year: 1963

.....enumerated in Section 20 of the Indian Trusts Act, 1882 (2 of 1882)-, and be also deemed to be approved securities for the purposes of the Insurance Act, 1938 (4 of 1938)-, and the15[Banking Regulation Act], 1949 (10 of 1949)- SECTION 08: REGISTER OF SHAREHOLDERS - (1) The Corporation shall maintain at its head office a register of the shareholders and shall enter therein the following particulars so far as they may be available, namely:- (i) the names and addresses of the shareholders and a statement of the shares held by each shareholder, distinguishing each share by its denoting number; (ii) the date on which each person is entered as a shareholder; (iii) the date on which any person ceases to be a shareholder; and (iv) such other particulars as may be prescribed. (2) Notwithstanding anything contained in this Act or in any other law for the time being in force, no notice of any trust, express, implied or constructive, shall be entered on the register maintained under sub-section (1) or be receivable by the Corporation. CHAPTER 03: MANAGEMENT OF THE CORPORATION SECTION 09: MANAGEMENT (1) The general superintendence, direction and management of the affairs and.....

Agricultural Refinance and Development Corporation Act 1963 Chapter IV

Title: Funds and Business of the Corporation

State: Central

Year: 1963

..... 1. Omitted by Act 45 of 1975 w.e.f. 15.11.1975. Section 24 - Power to impose conditions for accommodation In entering into any transaction under Section 22 with an eligible institution, the Corporation may impose such conditions as it may think necessary or expedient for protecting the interests of the Corporation. Section 25 - Power to call for repayment before agreed period Notwithstanding anything to the contrary contained in any agreement, the Corporation may, by notice in writing, require any eligible institution to which it has granted any loan or advance to discharge forthwith in full its liabilities to the Corporation: (a) if it appears to the Board that false or misleading information in any material particular was given in the application for the loan or advance; or (b) if the eligible institution has failed to comply with any of the terms of its contract with the Corporation in the matter of the loan or advance; or (c) if there is a reasonable apprehension that the eligible institution is unable to pay its debts or that proceedings for liquidation maybe commenced in respect thereof; or (d) if for any reason it is necessary to do so to.....

Agricultural Refinance and Development Corporation Act 1963 Section 22

Title: Business Which the Corporation May Transact

State: Central

Year: 1963

.....repayment of principal and payment of interest: PROVIDED that no such guarantee shall be required in cases in which (i) security, to the satisfaction of the Board, is furnished by the eligible institution, or (ii) the Board, for reasons to be recorded by it in writing, decides that no such security or guarantee is necessary2[in respect of an eligible institution, or any class of eligible institutions or having regard to the nature and scope of the scheme or schemes for 'which such accommodation is granted by the Corporation] : PROVIDED FURTHER that any sums received by an eligible institution in repayment of realisation of loans and advances refinanced either wholly or partly by the Corporation shall, to the extent of the accommodation granted by the Corporation remaining outstanding, be deemed to have been received by the eligible institution in trust for the Corporation, and shall accordingly be paid by such eligible institution to the Corporation: PROVIDED also that in case where accommodation has been granted to an eligible institution without obtaining such guarantee or security, all securities held, or which may be held, by such eligible institution, on account.....

Unit Trust of India Act, 1963 Complete Act

State: Central

Year: 1963

.....all powers and do all acts and things which may be exercised or done by the Trust. (2) The Board shall, in discharging its functions under this Act, act on business principles regard being had to the interest of the unit holders. SECTION 10: BOARD OF TRUSTEES The Board of trustees shall consist of the following namely- (a) the Chairman to be appointed by the16[Central Government in Consultation with the Development Bank]; 17[(aa) one trustee to be nominated by the Reserve Bank;] (b) four trustees to be nominated by the16[Development Bank], of whom not less than three shall be persons having special knowledge of, or experience in, commerce, industry, banking, finance or investment; (c) one trustee to be nominated by the Life Insurance Corporation; (d) one trustee to be nominated by the State Bank; (e) two trustees to be elected in the prescribed manner by the contributing institutions referred to in clause (d) of sub-section (2) of section 4-, and (f) an executive trustee to be appointed by the16[Development Bank]. Provided that if the appointment of the Chairman is whole -time it shall not be necessary to appoint an executive trustee: Provided further that on the first.....

Agricultural Refinance and Development Corporation Act 1963 Section 20

Title: Borrowings by Corporation

State: Central

Year: 1963

.....be less than twelve months from the date of the making of the deposit and on such other terms as the Corporation may, with the prior approval of the Reserve Bank, fix and 2[(e) receive gifts, grants, donations or benefactions from Government or any other source and such gifts, grants, donations or benefactions shall not be treated as the income, profits and gains of the Corporation.]. (2) The amount of loan granted by the Central Government under Section 19 and outstanding, together with the amount of bonds and debentures issued under clause (a) of sub-section (1) and outstanding, the amounts borrowed by the Corporation3[and outstanding under clauses (b), (bb) and (c) of that sub-section] and the amount of deposits accepted under clause (d) of that sub-section, shall not at any time in the aggregate exceed twenty times the amount of the paid-up share capital and the reserve fund of the Corporation. ____________________________ 1. Inserted by Act 39 of 1971. 2. Inserted by Nos. S.O. 452(E), dated 28.08.1975 and S.O. 615(E), dated 24.10.1975, w.e.f 15.11.1975. 3. Substituted by Act 39 of 1971.

Unit Trust of India Act, 1963 (52 of 1963) Chapter IV

Title: Powers and Functions of the Trust

State: Central

Year: 1963

.....(2), (4), (6), (7), sub-clause (c) of Cl. (8) and Cls. (11), (12), (13) and (15) of sub-section (1).] _____________________ 1. Substituted by Act 63 of 1985, Section 5 (w.e.f. 23rd April, 1985). Section 19A - Power to impose conditions, etc. 1[19A. Power to impose conditions, etc. (1) In entering into any arrangement, under Section 19, with any concern, the Trust may impose such conditions as it may think necessary or expedient for protecting the interest of the Trust and for securing that the accommodation granted by it is put to the best use by the industrial concern. (2) Where any arrangement entered into by the Trust under Section 19 with any concern provides for the appointment by the Trust of one or more directors of such concern, such provision and any appointment of directors made in pursuance thereof shall be valid and effective notwithstanding anything to the contrary contained in the Companies Act, 1956 (1 of 1956), or in any other law for the time being in force or in the memorandum, articles of association or any other instrument relating to the concern, and any provision regarding share qualification, age limit, number of directorships, removal from.....

Unit Trust of India Act, 1963 (52 of 1963) Section 20

Title: Borrowing Powers

State: Central

Year: 1963

.....Reserve Bank for the purposes of any scheme other than the first unit scheme: Provided that any amount borrowed under this clause and outstanding at any one time shall not exceed-- (a) five crores of rupees in respect of each such scheme; (b) ten crores of rupees in respect of all such schemes in the aggregate. (3) The bonds issued by the Trust under sub-section (2) shall be guaranteed by the Central Government as to the re-payment of principal and the payment of interest at such rate as may be fixed by the Central Government at the time the bonds are issued.] ______________________ 1. Substituted by Act 63 of 1985, Section 7. 2. Substituted by Act 17 of 1966, Section 5 (w.e.f. 10th June, 1966).

Forest Act, 1963 Section 112

Title: Recovery of Penalties Due Under Bond

State: Karnataka

Year: 1963

.....as the amount to be paid in case of a contravention of the conditions thereof may, notwithstanding anything in section 74 of the Indian Contract Act, 1872, be recovered from him in case of such contravention as if it were an arrear of land revenue. (2) If any question arises,- (a) whether there has been a contravention of any of the conditions of such bond or instrument; (b) as to the sum to be paid for such contravention; (c) as to the person or persons liable to pay such sum; the question shall be referred to and (after giving notice to the person concerned and after considering his objections, if any) be decided by an officer not below the rank of a1[Deputy Conservator of Forest] authorised by the State Government in this behalf. The person aggrieved by the decision of such officer may, within a period of sixty days from the date of such decision, appeal to the State Government or such other appellate authority as the State Government may by notification, appoint in this behalf. The decision of such officer, subject to an appeal to the appellate authority, and the decision of the appellate authority on such appeal, shall be final. ______________________ .....

Forest Act, 1963 Section 104D

Title: Special Provision Regarding Bail

State: Karnataka

Year: 1963

[104D.Special provision regarding bail Notwithstanding anything contained in theCode of Criminal Procedure, 1973, (Central Act 2 of 1974) no person accused ofa forest offence, punishable under sections 86 or 87 or 104A or in respect ofivory, shall, if in custody, be released on bail or on his own bond unless,- (a)the prosecution has been given an opportunity to oppose the application forsuch release, and (b)where the prosecution opposes the application, the court is satisfied thatthere are reasonable grounds for believing that he is not guilty of suchoffence.

Karnataka Police Act, 1963 Section 168

Title: Forfeiture of Bond Entered into by Person Permitted to Enter or Return to the Area from Which He Was Directed to Remove Himself

State: Karnataka

Year: 1963

If any person permitted under sub-section (1) of section 62 fails to observe any condition imposed under the said sub-section or in the bond entered into by him under sub-section (2) of the said section, his bond shall be forfeited and any person bound thereby shall pay the penalty thereof or show cause to the satisfaction of the court why such penalty should not be paid.