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Companies Act, 1956 Part 3

Title: Prospectus and Allotment, and Other Matters Relating to Issue of Shares or Debentures

State: Central

Year: 1956

.....1934), repayment of such deposit shall be made in full on or before the 1st day of April, 1975, and such repayment shall be without prejudice to any action that may be taken under the Reserve Bank of India Act, 1934 for the acceptance of such deposit in contravention of such direction. 6[(3A) Every deposit accepted by a company after the commencement of the Companies (Amendment) Act, 1998, shall, unless renewed in accordance with the rules made under sub-section (1), be repaid in accordance with the terms and conditions of such deposit.] (4) Where any deposit is accepted by a company after the commencement of the Companies (Amendment) Act, 1974, in contravention of the rules made under sub­section (1), repayment of such deposit shall be made by the company within thirty days from the date of acceptance of such deposit or within such further time, not exceeding thirty days, as the Central Government may, on sufficient cause being shown by the company, allow. (5) Where a company omits or fails to make repayment of a deposit in accordance with the provisions of clause (c) of sub-section (3), or in the case of a deposit referred to in sub-section (4), within the time.....

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Companies Act, 1956 Section 60B

Title: Information Memorandum

State: Central

Year: 1956

.....made and the applicants are entitled to receive back their original application and interest at the rate of fifteen per cent, from the date of encashment till payment of realisation. (9) Upon the closing of the offer of securities, a final prospectus staling therein the total capital raised, whether by way of debt or share capital and the closing price of the securities and any other details as were not complete in the red-herring prospectus shall be filed in a case of a listed public company with the Securities and Exchange Board and Registrar, and in any other case with the Registrar only.] ______________________ 1. Inserted by Act 53 of 2000, section 22 (w.e.f. 13-12-2000).

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Companies Act, 1956 Complete Act

State: Central

Year: 1956

.....as in the (Depositories Act, 1996) (22 of 1996); (12B) "derivative" has the same meaning as in clause (aa) of (S.2 of the Securities Contracts (Regulation) Act, 1956) (42 of 1956);] (13) "director" includes any person occupying the position of director, by whatever name called; (14) "District Court" means the principal Civil Court of original jurisdiction in a district, but does not include a High Court in the exercise of its ordinary original civil jurisdiction ; [(14A) "dividend" includes any interim dividend;] (15) "document" includes summons, notice, requisition, order, other legal process, and registers, whether issued, sent or kept in pursuance of this or any other Act or otherwise ; [(15A) "employees stock option" means the option given to the whole-time directors, officers or employees of a company, which gives such directors, officers or employees the benefit or right to purchase or subscribe at a future date, the securities offered by the company at a pre-determined price;] (16) "existing company" means an existing company as defined in (section 3); (17) "financial year" means, in relation to any body corporate, the period in respect of which.....

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The Punjab Infrastructure (Development & Regulation) Act, 2002 Complete Act

State: Punjab

Year: 2002

.....which The Punjab State Electricity Regulatory Commission established under sub-section (1) of section 17 of the Electricity Regulatory Commissions Act, 1998 (Act No. 14 of 1998), is empowered to discharge. (2) The Authority shall always act consistent with the objectives and purposes for which it has been established. (3) Orders passed by the Authority in exercise of its powers under this Act, shall be final and binding on all concerned and shall be executable as a decree. Section 15 - Authority to have powers of a Civil Court (1) The Authority, in conduct of all proceedings before it and in exercise of its powers under this Act, will be guided by the principles of natural justice. (2) The Authority shall have the some powers as are vested in a Civil Court under the Code of Civil Procedure, 1908, in respect of :- (i) summoning and enforcing the attendance of any person and examining him on oath; (ii) requiring the discovery and production of documents (iii) receiving evidence on affidavits ; (iv) issuing commissions for the examination of witnesses or documents; (v) reviewing its decisions ; (vi) dismissing an application for default or deciding it ex parte, setting aside any.....

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State Universities Act, 2000 (29 of 2001) Chapter VI

Title: Finance and Accounts

State: Karnataka

Year: 2000

.....Accountant General through the State Government. Section 50 - Annual Report (1) The Syndicate shall prepare the annual report containing all the particulars highlighting the activities of the University, target and achievements concerning each financial year and submit it to the Academic Council before 30th June. The Academic Council may pass resolutions thereon and refer back the annual report to the Syndicate for compliance. The Syndicate shall take action in accordance therewith. The action taken thereon shall be intimated to the Academic Council at its earliest next meeting. (2) Copies of the annual report incorporating the resolutions of the Academic Council shall be submitted to the State Government before 30th of September every year. The State Government shall lay the same before both the houses of the State legislature at their next earliest sessions.

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State Universities Act, 2000 (29 of 2001) Section 50

Title: Annual Report

State: Karnataka

Year: 2000

(1) The Syndicate shall prepare the annual report containing all the particulars highlighting the activities of the University, target and achievements concerning each financial year and submit it to the Academic Council before 30th June. The Academic Council may pass resolutions thereon and refer back the annual report to the Syndicate for compliance. The Syndicate shall take action in accordance therewith. The action taken thereon shall be intimated to the Academic Council at its earliest next meeting. (2) Copies of the annual report incorporating the resolutions of the Academic Council shall be submitted to the State Government before 30th of September every year. The State Government shall lay the same before both the houses of the State legislature at their next earliest sessions.

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Companies Act, 2013, Section 32

Title: Red Herring Prospectus

State: Central

Year: 2013

(1) A company proposing to make an offer of securities may issue a red herring prospectus prior to the issue of a prospectus. (2) A company proposing to issue a red herring prospectus under sub-section (1) shall file it with the Registrar at least three days prior to the opening of the subscription list and the offer. (3) A red herring prospectus shall carry the same obligations as are applicable to a prospectus and any variation between the red herring prospectus and a prospectus shall be highlighted as variations in the prospectus. (4) Upon the closing of the offer of securities under this section, the prospectus stating therein the total capital raised, whether by way of debt or share capital, and the closing price of the securities and any other details as are not included in the red herring prospectus shall be filed with the Registrar and the Securities and Exchange Board. Explanation.--For the purposes of this section, the expression "red herring prospectus" means a prospectus which does not include complete particulars of the quantum or price of the securities included therein.

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Banking Regulation Act, 1949, (Maharashtra) Section 5

Title: Interpretation

State: Maharashtra

Year: 1949

.....Act, 1993.-The provisions made for recovery of debts of a bank is an essential aspect of the banking business. Therefore, the purpose of the 1949 Act and the 1993 Act is the same, namely regulation and control of the banking business and therefore, assuming that it is only by virtue of fiction created by section 56 of 1949 Act, that a Co-operative Bank becomes a banking company, then also a Co-operative Banks will have to be included within the meaning of definition of the term "banking company". The Full Bench of Bombay High Court further held, that so far as the aspect of business of banking is concerned, the Co-operative Banks and the companies doing business of banking are in one class. Recovery of dues is an essential aspect of the business of banking and therefore, so far as the aspect of recovery of dues of the banks are concerned, the Co-operative Banks and the companies doing business of banking would be in one class and therefore, they will have to be similarly treated. Narendra Kantilal Shah v. Joint Registrar Co-operative Societies (Appeal) Bombay, 2004 (1) All M. R. 798 : 2004 (1) Mah. L. J. 704 (F.B.) : AIR 2004 Bom. 167 (F. B.). _____________________________ .....

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National Capital Region Planning Board Act, 1985 Complete Act

State: Central

Year: 1985

.....Board shall be a body corporate by the name aforesaid, having perpetual succession and a common seal with power subject to the provisions of this Act, to contract and shall, by the said name, sue and be sued. (3) The Board shall consist of such number of members, not exceeding twenty one as may be prescribed, and unless the rules made in this behalf otherwise provide, the Board shall consist of the following members, namely :- (a) the Union Minister for Work and Housing, who shall be the Chairman of the Board; (b) the Chief Minister of the State of Haryana: (c) the Chief Minister of the State of Rajasthan; (d) the Chief Minister of the State of Uttar Pradesh; (e) the Administrator of the Union territory; (f) eight members, to be nominated by the Central Government, on the recommendation of the participating States and the Administrator of the Union territory; Provided that not more than two members shall be nominated on the recommendation of a participating State, or. as the case may be, the Administrator of the Union territory; (g) three other members, of whom one shall be a person having knowledge and experience in town planning to be nominated by the Central Government;.....

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National Environment Tribunal Act, 1995 Complete Act

State: Central

Year: 1995

.....and received the assent of the President on 17th June, 1995 and became an Act of Parliament under the short title "THE NATIONAL ENVIRONMENT TRIBUNAL ACT, 1995 (29 OF 1995). An Act to provide for strict liability for damages arising out of any accident occurring while handling any hazardous substance and for the establishment of a National Environment Tribunal for effective and expeditious disposal of cases arising from such accident, with a view to giving relief and compensation for damages to persons, property and the environment and for matters connected therewith or incidental thereto. WHEREAS decisions were taken at the United Nations Conference on Environment and Development held at Rio de Janeiro in June, 1992, in which India participated, calling upon the States to develop national laws regarding liability and compensation for the victims of pollution and other environmental damages; AND WHEREAS it is considered expedient to implement the decisions of the aforesaid Conference so far as they relate to the protection of environment and payment of compensation for damage to persons, property and the environment while handling hazardous substances; BE it enacted by Parliament.....

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