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Home Bare Acts Phrase: houseNational Housing Bank Act, 1987 Chapter V
Title: Provision Relating to Housing Finance Institutions Receiving Deposits
State: Central
Year: 1987
.....accounting standards, making of proper provision for bad and doubtful debts, capital adequacy based on risk weights for assets and credit conversion factors for off balance-sheet items and also relating to deployment of funds by a housing finance institution or a group of housing finance institutions or housing finance institutions generally, as the case may be, and such housing finance institutions shall be bound to follow the policy so determined and the direction so issued. (2) Without prejudice to the generality of the powers vested under sub-section, the National Housing Bank may give directions to housing finance institutions generally or to a group of housing finance institutions or to any housing finance institution in particular as to- (a) the purpose for which advances or other fund-based or non-fund-based accommodation may not be made; and (b) the maximum amount of advances or other financial accommodation or investment in shares and other securities which, having regard to the paid-up capital, reserves and deposits of the housing finance institution and other relevant considerations, may be made by that housing finance institution to any person or a company or.....
View Complete Act List Judgments citing this sectionNational Housing Bank Act, 1987 Chapter III
Title: Business of the National Housing Bank
State: Central
Year: 1987
.....service charges, royalities premia, licence fees and any other consideration of whatever description; (f) receive gifts, grants, donations or benefactions from Government or any other source. (2) The Central Government may on a request being made to it by the National Housing Bank, guarantee the bonds and debentures issued by the National Housing Bank as to the repayment of principal and the payment of interest at such rate as may be fixed by that Government. ________________________ 1. Substituted for "the central government" by National Housing Bank (Amendment) Act, 2000 (15 of 2000) 2. Substituted for "a period which shall not be less than twelve months from the date of the making of the deposit" by National Housing Bank (Amendment) Act, 2000 (15 of 2000). 3. Inserted by Voluntary Deposits (Immunities and Exemptions) Act (47 of 1991) S. 5(b) (20-9-91). 4.Substituted by National Housing Bank (Amendment) Act, 2000 (15 of 2000). Prior to substitution it read asunder : (i) repayable on demand or on the expiry of fixed periods not exceeding eighteen months from the date of the making of loan or advance, on such terms and conditions including the terms relating to.....
View Complete Act List Judgments citing this sectionCantonments (House-accommodation) Act, 1923 Chapter III
Title: Appropriation of Houses
State: Central
Year: 1923
.....available for his occupation or for the occupation of the mess, and the Officer Commanding the Station is satisfied on inquiry of the truth of the facts so stated; or (b) the Officer Commanding the Station is satisfied on inquiry that there is not in the cantonment a sufficient and assured supply of houses available at reasonable rates of rent by private agreement to meet the requirements of the military officers and military messes whose accommodation in the cantonment is in his opinion necessary or expedient, the Officer Commanding the Station may, with a view to enforcing the liability under section 5, serve a notice on the owner of any house which appears to him to be suitable for occupation by a military officer or a military mess, as the case may be, within the cantonment, or, if this Act is in force in part only of the cantonment, within that part, requiring the owner to permit the house to be inspected, measured and surveyed by such person and on such date, not being less than three clear days from the service of the notice, and at such time between sunrise and sunset, as may be specified in the notice. (2) On the date and at the time so specified the owner shall.....
View Complete Act List Judgments citing this sectionKarnataka Housing Board Act, 1962 Chapter VIII
Title: Labour Housing
State: Karnataka
Year: 1962
.....means any person who is employed for hire or reward to do any work skilled or unskilled, manual or clerical, in any factory as defined in the Factories Act, 1948, or in any mine as defined in the Mines Act, 1952, or in any textile mill, or in any iron and steel works, or in any tobacco manufactory; and also includes any person declared by notification by the State Government to be an employee for the purposes of this Chapter; (b) 'employer' means any person who employs whether directly or through another person, or whether on behalf of himself or any other person, one or more employees, and includes,-- (i) in a factory, the owner or occupier of the factory and includes the managing agent of such owner or occupier, the legal representative of a deceased owner or occupier and where a person has been named as a manager of the factory under clause (f) of sub-section (1) of section 7 of the Factories Act, 1948, the person so named; (ii) in any employment under any local authority, the person appointed by such authority for the supervision and control of employees or where no person is appointed, the chief executive officer of the local authority; (iii) in any other.....
View Complete Act List Judgments citing this sectionNational Housing Bank Act, 1987 Complete Act
Title: National Housing Bank Act, 1987
State: Central
Year: 1987
.....- Obligation as to fidelity and secrecy Section45 - Defects in appointment not to invalidate acts, etc. Section45A - Arrangement with National Housing Bank on appointment of directors to prevail Section46 - Protection of action taken under the Act Section47 - Indemnity of directors Section47A - Nomination in respect of deposits, bonds, etc. Section48 - [Omitted] Section49 - Penalties Section50 - Offence by Companies Section51 - Cognizance of offences Section52 - Application of fine Section52A - Power of National Housing Bank to impose fine Section53 - Bankers' Books Evidence Act 18 of 1891, to apply in relation to National Housing Bank Section54 - Liquidation of National Housing Bank Section54A - Power to make rules Section55 - Power of the Board to make regulations Section56 - Amendment of certain enactments Section57 - Power to remove difficulties ScheduleI - FIRST SCHEDULE ScheduleII - SECOND SCHEDULE ScheduleIII - THIRD SCHEDULE Amending Act1 - BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) AND FINANCIAL INSTITUTIONS LAWS (AMENDMENT) ACT, 2006
List Judgments citing this sectionNational Housing Bank Act, 1987 Chapter II
Title: Management of the National Housing Bank
State: Central
Year: 1987
.....his term, continue to hold office until his successor enters upon his office. (2) The director referred to in1[clauses (b), (c) and (ca)] of sub-section (1) of section 6 shall hold office for a term of three years: 2[***] (3) The Central Government may, in consultation with the Reserve Bank remove the Chairman or the Managing Director, or any other director referred to in sub-section (2) at any time before the expiry of his terms of office after giving him a reasonable opportunity of showing cause against the proposed removal. (4) Notwithstanding anything contained in sub-sections (1) and (3) the Central Government, in consultation with the Reserve Bank, shall have the right to terminate the term of office of the Chairman or, as the case may be, the Managing Director, at any time before the expiry of the term specified under sub-section (1) by giving him notice of not less than three months in writing or three months salary and allowances in lieu thereof and the Chairman or the Managing Director, as the case may be, shall also have the right to relinquish his office at any time before the expiry of the term specified under sub-section (1) by giving to the Central.....
View Complete Act List Judgments citing this sectionNational Housing Bank Act, 1987 Section 14
Title: Business of the National Housing Bank
State: Central
Year: 1987
.....of its overall functions; (n) exercising all powers and functions in the performance of duties entrusted to the National Housing Bank under this Act or under any other law for the time being in force; (o) acting as agent of the Central Government, the State Government or the Reserve Bank or of any authority as may be authorised by the Reserve Bank; (p) any other kind of business which the Central Government may on the recommendation of the Reserve Bank, authorise; (q) generally, doing of all such matters and things as may be incidental to or consequential upon the exercise of its powers of the discharge of its duties under this Act. ________________________ 1. "Clause (b)" Substituted by National Housing Bank (Amendment) Act, 2000 (15 of 2000). Prior to substitution it read as under : "(b) making of loans and advances or rendering any other form -of financial assistance whatsoever to housing finance institutions and scheduled banks, 1 [or to any authority established by or under any Central, State or Provincial Act and engaged in slum clearance];" 2. Inserted by National Housing Bank (Amendment) Act, 2000 (15 of 2000) 3. Substituted by National Housing Bank.....
View Complete Act List Judgments citing this sectionNational Housing Bank Act, 1987 Section 31
Title: Power of National Housing Bank to Collect Information from Housing Finance Institutions as to Deposits and to Give Directions
State: Central
Year: 1987
.....Housing Bank by general or special order. (2) Without prejudice to the generality of the power vested in the National Housing Bank under sub-section (1) the statement, information or particulars to be furnished under sub-section (1) may relate to all or any of the following matters, namely, the amount of the deposits, the purposes and periods for which, and the rates of interest and other terms and conditions on which, such deposits are received. (3) The National Housing Bank may, if it considers necessary in the public interest so to do, give directions to housing finance institutions accepting deposits either generally or to any group of housing finance institutions accepting deposits, and in particular, in respect of any matters relating to, or connected with, the receipt of deposits, including1[credit rating of the housing finance institution accepting deposits] the rates of interest payable on such deposits, and the periods for which deposits may be received. (4) If any housing finance institution, accepting deposits fails to comply with any direction. given by the National Housing Bank, under sub-section (3) the National Housing Bank may prohibit the acceptance.....
View Complete Act List Judgments citing this sectionKarnataka Housing Board Act, 1962 Complete Act
Title: Karnataka Housing Board Act, 1962
State: Karnataka
Year: 1962
.....housing accommodation provided by employers Section 67 - Conditions relating to housing accommodation provided by employers after commencement of Act Section 68 - Rent payable by employer recoverable as arrear of land revenue Chapter IX Section 69 - Reports Section 70 - Other statements and returns Section 70A - Housing Commissioner to furnish returns and reports etc., to the State Government Section 70B - Power of Board to require returns, reports, production of documents, etc Section 71 - Power of entry Section 72 - Notice of suit against Board Section 73 - Triennial valuation of assets and liabilities of the Board Section 74 - Power to make rules Section 75 - Rules and Notifications to be laid before the State Legislature Section 76 - Regulations Section 77 - Power to make bye-laws Section 78 - Penalty for contravention of bye-laws Section 79 - Penalty for obstructing, etc. Section 80 - Authority for prosecution Section 81 - Certain persons to be public servants Section 82 - Protection of action taken under this Act Section 83 - Removal of doubt regarding non-applicability of the Karnataka Rent Control Act, 1961 Section 84 - Government's power to give.....
List Judgments citing this sectionNational Housing Bank Act, 1987 Section 30A
Title: Power of National Housing Bank to Determine Policy and Issue Directions
State: Central
Year: 1987
.....accounting standards, making of proper provision for bad and doubtful debts, capital adequacy based on risk weights for assets and credit conversion factors for off balance-sheet items and also relating to deployment of funds by a housing finance institution or a group of housing finance institutions or housing finance institutions generally, as the case may be, and such housing finance institutions shall be bound to follow the policy so determined and the direction so issued. (2) Without prejudice to the generality of the powers vested under sub-section, the National Housing Bank may give directions to housing finance institutions generally or to a group of housing finance institutions or to any housing finance institution in particular as to- (a) the purpose for which advances or other fund-based or non-fund-based accommodation may not be made; and (b) the maximum amount of advances or other financial accommodation or investment in shares and other securities which, having regard to the paid-up capital, reserves and deposits of the housing finance institution and other relevant considerations, may be made by that housing finance institution to any person or a company or.....
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