Bare Act Search Results

Bombay Forward Contracts Control Act, 1947, (Maharashtra) Section 6

Title: Power of Recognised Association to Make, Add To, Vary or Rescind Bye

State: Maharashtra

Year: 1947

.....Association and non-member. The contract did not bear the signature of one of the parties to the contract. Consent of the person entering into a contract required by section 8(i)(b), (iii) could be oral as there was no bye-law which required that consent should be in writing. And such consent would be implicit in the very act of the parties entering into a contract where such contract is not challenged on the ground of its being induced by undue influence, fraud or any factor which would vitiate it. It was held that (a) though the contract notes were not signed by the defendants, it did not render them illegal or unenforceable; (b) also that the consent of the defendants was implicit in the very act of the defendants in entering into the contract.-Hirji Bhurmal v. Bombay Cotton Ltd., AIR 1957 Bom. 411 : I. L. R. 1957 Bom. 163 : (1957) 59 Bom. L. R. 4.

Pension Fund Regulatory and Development Authority Act, 2013, Section 20

Title: National Pension System

State: Central

Year: 2013

.....to the central recordkeeping agency; (g) there shall not be any implicit or explicit assurance of benefits except market-based guarantee mechanism to be purchased by the subscriber; (h) a subscriber shall not exit from the National Pension System except as may be specified by the regulations; and (i) at exit, the subscriber shall purchase an annuity from a life insurance company in accordance with the regulations. (3) In addition to the individual pension account mentioned in clause (a) of sub-section (2), a subscriber may also, at his option, have an additional account under the National Pension System having the features mentioned in clauses (c) to (g) of sub-section (2) and also having the additional feature that the subscriber shall be free to withdraw part or all of his money at any time from the additional account.

Prohibition of Employment as Manual Scavengers and their Rehabilitation Act, 2013, Preamble

Title: the Prohibition of Employment as Manual Scavengers and their Rehabilitation Act, 2013

State: Central

Year: 2013

THE PROHIBITION OF EMPLOYMENT AS MANUAL SCAVENGERS AND THEIR REHABILITATION ACT, 2013 [Act No. 25 of 2013] [18th September, 2013] PREAMBLE (An Act to provide for the prohibition of employment as manual scavengers, rehabilitation of manual scavengers and their families, and for matters connected therewith or incidental thereto.) Whereas promoting among the citizens fraternity assuring the dignity of the individual is enshrined as one of the goals in the Preamble to the Constitution; And whereas the right to live with dignity is also implicit in the Fundamental Rights guaranteed in Part HI of the Constitution; And whereas article 46 of the Constitution, inter alia, provides that the State shall protect the weaker sections, and, particularly, the Scheduled Castes and the Scheduled Tribes from social injustice and all forms of exploitation; And whereas the dehumanising practice of manual scavenging, arising from the continuing existence of insanitary latrines and a highly iniquitous caste system, still persists in various parts of the country, and the existing laws have not proved adequate in eliminating the twin evils of insanitary latrines and manual scavenging; .....

Alcock Ashdown Company Limited (Acquisition of Undertakings) Act, 1973 Complete Act

State: Central

Year: 1973

.....through an Investigation Committee and the report revealed that while the deterioration in the performance of the Company was caused by a number of factors, the primary cause was the serious lapse on the part of the management in running the Company. 3. After the. closure of the Company, on the application of one of its unsecured creditors, an order for the winding up of the Company was made by the Bombay High Court on 13-1-1972. After the winding up order, on the application of the Bank of Maharashtra one of the secured creditors of the Company, a Receiver was appointed by the High Court for looking after the interests of the secured creditors. The Official Receiver has now invited tenders regarding the auctioning of the properties of the Company at Bombay and Bhavnagar. 4. As the Company was formerly engaged in the boat building, ship repairs and the production of marine diesel engines, and was also engaged in the production of goods which are essential to the needs of the country in general and defence departments in particular, the necessity to revive the activities of the Company for the production of goods for the various strategic use was carefully considered. After.....

Assam Land (Requisition and Acquisition) Act, 1964 Complete Act

State: Assam

Year: 1964

.....v. Deputy Collector [AIR 1980 SC 1870], it was ruled that an assessment of the compensation payable for acquired must take into account several factors, including the nature of the land, its present use and its capacity for a higher potential, its precise location in relation to adjoining land, that use to which neighbouring land has been put and the impact of such use on the land acquired and so on. In Deep Chand v. The State [AIR 1980 Sc 633], it was observed that the locality or vicinity is not always measurable in terms of feet or furlongs, and reasonable time is not always measurable in terms of days or months. In Mrs. Khoshed Shappor Chertai v. Assistant Collector [AIR 1980 SC 775] it was held that it is the duly of a Court to give the owners as nearly as possible the market value and failure to do so would result in unjust enrichment of the acquire on the one hand and unjust deprivation of the owner on the other which would be unethical and illegal at the same time. Such various decisions were considered in Rabindra Dhar Barua v. Collector of Kamrup [(1981) 1 GLR 200]. When notices under Ss. 4,6 and 9 of the Act have been issued and the land in question has been.....