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Home Bare Acts Phrase: incEsso (Acquisition of Undertakings in India) Act, 1974 Complete Act
State: Central
Year: 1974
......thereto. Whereas Esso Eastern Inc. a foreign company, in carrying on, in India, the business of distributing and marketing petroleum products manufactured by Esso Standard Refining Company of India Limited and Lube India Limited, and has, for that purpose, established places of business at Bombay and other places in India; And whereas it is expedient in the public interest that the undertakings, in India, of Esso Eastern Inc. should be acquired in order to ensure that the ownership and control of the petroleum products distributed and marketed in India by the said company are vested in the State and thereby so distributed as best to subserve the common good; Be it enacted by Parliament in the Twentyfifth Year of the Republic of India as follows :- SECTION 01: SHORT TITLE This Act may be called the Esso (Acquisition of Undertakings in India) Act, 1974. SECTION 02: DEFINITIONS In this Act, unless the context otherwise requires,- (a) "appointed day" means the date of commencement of this Act; (b) "Esso" means Esso tasiem Inc., a foreign company within the meaning of section 591 of the Companies Act, 1956-, incorporated under the laws of the State of Delaware in the.....
List Judgments citing this sectionEsso (Acquisition of Undertakings in India) Act, 1974 Preamble 1
Title: Esso (Acquisition of Undertakings in India) Act, 1974
State: Central
Year: 1974
.....undertakings in India with a view to ensuring co-ordinated distribution and utilisation of petroleum products distributed and marketed in India by Esso Eastern Inc. and for matters connected therewith or incidental thereto. Whereas Esso Eastern Inc. a foreign company, in carrying on, in India, the business of distributing and marketing petroleum products manufactured by Esso Standard Refining Company of India Limited and Lube India Limited, and has, for that purpose, established places of business at Bombay and other places in India; And whereas it is expedient in the public interest that the undertakings, in India, of Esso Eastern Inc. should be acquired in order to ensure that the ownership and control of the petroleum products distributed and marketed in India by the said company are vested in the State and thereby so distributed as best to subserve the common good; Be it enacted by Parliament in the Twenty-fifth Year of the Republic of India as follows :--
View Complete Act List Judgments citing this sectionKosan Gas Company (Acquisition of Undertaking) Act, 1979 Complete Act
State: Central
Year: 1979
.....Government company to take all necessary steps for taking possession of all properties which have been transferred to and vested in it under this Act. SECTION 14: PENALTIES Any person who,- (a) having in his possession, custody or control any property forming part of the undertaking wrongfully withholds such property from the Central Government or the successor Government company; or (b) wrongfully obtains possession of, or retains, any property forming part of the undertaking; or (c) wilfully withholds or fails to furnish to the Central Government or the successor Government company or any person authorised in this behalf by the Central Government or that company, any books, documents or other papers relating to the undertaking which may be in his possession, custody or control; or (d) fails to deliver to the Central Government or the successor Government company, any assets, books of account, registers or other documents in his possession, custody or control relating to the undertaking; or (e) wrongfully removes or destroys any property forming .part of the undertaking; or (f) wrongfully uses any property forming part of the undertaking; shall be punishable with imprisonment.....
List Judgments citing this sectionKosangas Company Acquisition of Undertaking Act, 1979 Preamble 1
Title: Kosangas Company Acquisition of Undertaking Act, 1979
State: Central
Year: 1979
.....with the Kosangas company then a partnership concern (whereby the former appointed the latter as distributors in certain areas for sale of its liquefied petroleum gas, packed in cylinders, to domestic, commercial and industrial customers), as continued by sub-section (1) of section 13 of the Esso (Acquisition of Undertakings in India) Act, 1974 (4 of 1974.), and modified under sub-section (2) of that section, expired on the 4th day of September, 1977; AND WHEREAS it is expedient in the public interest to acquire the undertaking of the said Kosangas company; AND WHEREAS such acquisition is for giving effect to the policy of the State towards securing the principle specified in clause (b) of article 39 of the Constitution as the ownership and control of the material resources of the community, to wit, the means and resources aforesaid, would by reason of such acquisition become vested in the State and thereby so distributed and utilized as best to subserve the common good; BE it enacted by Parliament in the Thirtieth Year of the Republic of India as follows:---
View Complete Act List Judgments citing this sectionEsso (Acquisition of Undertakings in India) Act, 1974 Chapter I
Title: Preliminary
State: Central
Year: 1974
This Act may be called the Esso (Acquisition of Undertakings in India) Act, 1974. Section 2 - Definitions In this Act, unless the context otherwise requires,-- (a) "appointed day" means the date of commencement of this Act; (b) "Esso" means Esso Eastern Inc., a foreign company within the meaning of section 591 of the Companies Act, 1956, incorporated under the laws of the State of Delaware in the United States of America, and having its principal office at 2401 South Gessnen City of Housten, State of Texas, in the United States of America; (c) "Esso Standard" means Esso Standard Refining Company of India Limited, being a company as defined in the Companies Act 1956, and having its registered office at Administration Building, Mahul, Bombay 400074; (d) "Government company" means a company as defined in section 617 of the Companies Act, 1956; (e) "Lube India" means Lube India Limited, being a company as defined in the Companies Act, 1956, and having its registered office at Administration Building, Corridor Road, Mahul, Bombay 400074; (f) "notification" means a notification published in the Official Gazette; (g) "prescribed" means prescribed by rules made under.....
View Complete Act List Judgments citing this sectionEsso (Acquisition of Undertakings in India) Act, 1974 Section 2
Title: Definitions
State: Central
Year: 1974
In this Act, unless the context otherwise requires,-- (a) "appointed day" means the date of commencement of this Act; (b) "Esso" means Esso Eastern Inc., a foreign company within the meaning of section 591 of the Companies Act, 1956, incorporated under the laws of the State of Delaware in the United States of America, and having its principal office at 2401 South Gessnen City of Housten, State of Texas, in the United States of America; (c) "Esso Standard" means Esso Standard Refining Company of India Limited, being a company as defined in the Companies Act 1956, and having its registered office at Administration Building, Mahul, Bombay 400074; (d) "Government company" means a company as defined in section 617 of the Companies Act, 1956; (e) "Lube India" means Lube India Limited, being a company as defined in the Companies Act, 1956, and having its registered office at Administration Building, Corridor Road, Mahul, Bombay 400074; (f) "notification" means a notification published in the Official Gazette; (g) "prescribed" means prescribed by rules made under this Act.
View Complete Act List Judgments citing this sectionGovernment of India Act, 1800 [Repealed] Section 20
Title: The Power of the Supreme Court of Judicature of Fort William Shall Extend over the Province of Benares and All Places Subordinate Thereto, and All Districts Hereafter Annexed to the Presidency of Fort William
State: Central
Year: 1800
1[* * *] the power and authority of the said supreme court of judicature in and for the said presidency of Fort William aforesaid, as now and by virtue of this Act established, and all such regulations, as have been or may be hereafter, according to the powers and authorities, and subject, to the provisions and restrictions before enacted, framed and provided, shall extend to and over the said province or district of Benares, and to and over all the factories, districts and place, which now are or hereafter shall be made subordinate thereto, and to and over all such provinces and districts as may at any time hereafter be annexed and made subject to the said presidency of Fort William aforesaid. ____________________________ 1. Words omitted by 55 & 56 Vict., c. 19 (S.L.R.).
View Complete Act List Judgments citing this sectionFinance Act, 1982 Schedule I
Title: Schedule
State: Central
Year: 1982
.....persons or body of individuals, whether incorporated or not, or every artificial juridical person referred to in sub-clause (vii) of clause (31) of section 2 of the Income-tax Act, not being a case to which Sub-Paragraph II of this Paragraph or any other Paragraph of this Part applies, - RATES OF INCOME-TAX (1) Where the total income does Nil; not exceed Rs. 15,000 (2) where the total income exceeds 30 per cent. of the amount by Rs. 15,000 but does not exceed which the total income Rs. 25,000 exceeds Rs. 15,000; (3) where the total income exceeds Rs. 3,000 plus 34 per cent. Rs. 25,000 but does not exceed of the amount by which the Rs. 30,000 total income exceeds Rs. 25,000; (4) where the total income exceeds Rs. 4,700 plus 40 per cent. Rs. 30,000 but does not exceed of the amount by which the Rs. 50,000 total income exceeds Rs. 30,000; (5) where the total income exceeds Rs. 12,700 plus 50 per cent. .....
View Complete Act List Judgments citing this sectionCompulsory Deposit Scheme (Income Tax Payers) Act, 1974, Section 6
Title: Order by Income-tax Officer for Compulsory Deposit in Certain Cases
State: Central
Year: 1974
.....If, in relation to an assessment year referred to in Sub-section (1) of Section 3, the correct income of a person falling under Clause (c) of Sub-section (3) of section 4 exceeds Fifteen thousand rupees and such person has failed to make the compulsory deposit for that assessment year, the income-tax officer shall, by order in writing, direct that such person shall make the compulsory deposit with reference to his correct income. (2) For the purposes of this section, "correct income" of a person, in relation to an assessment year, means-- (i) in a case where the person has furnished the return of income under Section 139 of the Income-tax Act, the total income [exclusive of capital gains and income referred to in Sub-section (ix) of Clause (24) of Section 2 a[and in Clause (c) of Section 11(sic)C] of the Income-tax Act] returned by him, as increased by the net agricultural inc(sic)rae, if any, returned by him; (ii) in a case where the person has failed to furnish the return of income under Section 139 of the Income-tax Act and assessment is made under Section 144 of that Act, the total income [exclusive of capital gains and income referred to in Sub-clause (ix) of Clause.....
View Complete Act List Judgments citing this sectionBombay Drugs (Control) Act, 1959, (Maharashtra) Schedule
Title: Schedule
State: Maharashtra
Year: 1959
.....of Bombay Order, Revenue Department. No. BDC. 1057/ 161 114-(a). dated the 4th October. 1958, the Government of Maharashtra hereby exempts manufacturers or producers of notified drugs holding wholesalers' licences from the provisions of sub-clause (i) of clause (a) of sub-section (1) of section 12 of the said Act. G. O., H. D., No. BDC. 1063-(h)-HI, dated 18th September, 1983 (M. G., Pt. IV-B, p. 1484) In exercise of the powers conferred by clause (a) of section 37 of the Bombay Drugs (Control) Act, 1959 (Bom. XI of 1960), the Government of Maharashtra hereby exempts, the licensed wholesalers from the provisions of sub-section (1) of section 17 of the said Act so far as they relate to obtaining the purchaser's signature on the counterfoil of the memorandum of sale in cases where notified drugs are supplied to a licensed dealer by post or by way of consignment. G. O., H. D., No. BDC. 1063-(g)-III, dated 19th September, 1963 (M. G., Pt. IV-B, p. 1482) Amended by Erratum No. BDC. 1063-III, dated 29th November, 1963 (M. G. Pt. IV-B. p. 1662). In exercise of the powers conferred by clause (a) of section 37 of the Bombay Drugs (Control) Act, 1959 (Bom. XI of 1960), and.....
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