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Start Free TrialThe Arbitration And Conciliation (Amendment) Act, 2015 Complete Act
State: Central
Year: 2015
.....2015 THE ARBITRATION AND CONCILIATION (AMENDMENT) ACT, 2015 NO. 3 OF 2016 [31st December, 2015.] An Act to amend the Arbitration and Conciliation Act, 1996. BE it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows: Short title and commencement. 1. (1) This Act may be called the Arbitration and Conciliation (Amendment) Act, 2015. (2) It shall be deemed to have come into force on the 23rd October, 2015. Amendment of section 2. 2. In the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the principal Act), in section 2, (I) in sub-section (1), (A) for clause (e), the following clause shall be substituted, namely: (e) Court means (i) in the case of an arbitration other than international commercial arbitration, the principal Civil Court of original jurisdiction in a district, and includes the High Court in exercise of its ordinary original civil jurisdiction, having jurisdiction to decide the questions forming the subject-matter of the arbitration if the same had been the subject-matter of a suit, but does not include any Civil Court of a grade inferior to such principal Civil Court, or any Court of Small Causes; (ii) in the.....
List Judgments citing this sectionCompanies (Amendment) Act, 2015 Complete Act
State: Central
Year: 2015
.....be omitted; (ii) in clause (71), in sub-clause (b), the words of five lakh rupees or such higher paid-up capital, shall be omitted. Amendment of section 9. 3. In section 9 of the principal Act, the words and a common seal shall be omitted. Omission of section 11 4. Section 11 of the principal Act, shall be omitted. Amendment of section 12. 5. In section 12 of the principal Act, in sub-section (3), for clause (b), the following clause shall be substituted, namely: (b) have its name engraved in legible characters on its seal, if any; . Amendment of section 22 6. In section 22 of the principal Act, (i) in sub-section (2), (a) for the words under its common seal , the words under its common seal, if any, shall be substituted; (b) the following proviso shall be inserted, namely: Provided that in case a company does not have a common seal, the authorisation under this sub-section shall be made by two directors or by a director and the Company Secretary, wherever the company has appointed a Company Secretary. ; (ii) in sub-section (3), the words and have the effect as if it were made under its common seal shall be omitted. Amendment of section 46 7. In section 46 of the.....
List Judgments citing this sectionThe Payment And Settlement Systems (Amendment) Act, 2015 Complete Act
State: Central
Year: 2015
.....records or data relating to such derivatives or financial transactions, as may be specified by the Reserve Bank from time to time. . Amendment of section 23 3. In section 23 of the principal Act, (i) in sub-section (1), after the words to a payment system occurring at the end, the words and figure under section 7, or, such gross or netting procedure as may be approved by it under any other provisions of this Act shall be inserted; (ii) for sub-section (4), the following sub-section shall be substituted, namely: (4) Where, by an order of a court, Tribunal or authority (a) a system participant is declared as insolvent or is dissolved or wound up; or (b) a liquidator or receiver or assignee (by whatever name called), whether provisional or otherwise, is appointed in a proceeding relating to insolvency or dissolution or winding up of a system participant, then, notwithstanding anything contained in the Banking Regulation Act,1949 or the Companies Act,1956 or the Companies Act, 2013 or any other law for the time being in force, such order shall not affect any settlement that has become final and irrevocable prior to such order or immediately thereafter, and the right of the.....
List Judgments citing this sectionThe Regional Rural Banks (Amendment) Act, 2015 Complete Act
State: Central
Year: 2015
..... during the first five years of its functioning shall be omitted; (b) the proviso shall be omitted. Amendment of section 5. 3. In the principal Act, in section 5, (a) for the words five crores of rupees divided into five lakhs of fully paid-up shares of one hundred rupees each , the words two thousand crore of rupees, divided into two hundred crore of fully paid-up shares of ten rupees each shall be substituted; (b) in the proviso, for the words twenty-five lakhs of rupees, and the shares shall be, in all cases, fully paid-up shares of one hundred rupees each , the words one crore of rupees, and the shares shall be, in all cases, fully paid-up shares of ten rupees each shall be substituted. Amendment of section 6. 4. In the principal Act, in section 6, (a) in sub-section (1), for the words twenty-five lakhs of rupees or exceed one crore of rupees , the words one crore of rupees shall be substituted; (b) in sub-section (2), the following provisos shall be inserted, namely: Provided that in case the Regional Rural Bank raises its capital from sources other than the Central Government or the State Government or the Sponsor Bank, the shareholding of the Central.....
List Judgments citing this sectionThe Mines And Minerals (Development And Regulation) Amendment Act, 2015 Complete Act
State: Central
Year: 2015
.....AND REGULATION) AMENDMENT ACT, 2015 NO. 10 OF 2015 [26th March, 2015.] An Act further to amend the Mines and Minerals (Development and Regulation) Act, 1957. Be it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows: Short title and commencement 1. (1) This Act may be called the Mines and Minerals (Development and Regulation) Amendment Act, 2015. (2) It shall be deemed to have come into force on the 12th day of January, 2015. Amendment of section 3. 2. In the Mines and Minerals (Development and Regulation) Act, 1957 (hereinafter referred to as the principal Act), in section 3, (i) after clause (e), the following clause shall be inserted, namely: (ea) notified minerals means any mineral specified in the Fourth Schedule; ; (ii) after clause (g), the following clause shall be inserted, namely: (ga) prospecting licence-cum-mining lease means a two stage concession granted for the purpose of undertaking prospecting operations followed by mining operations; ; (iii) in clause (hb), the word and , occurring at the end, shall be omitted; (iv) after clause (hb), the following clause shall be inserted, namely: (hc) Special Court means a Court.....
List Judgments citing this sectionThe Motor Vehicles (Amendment) Act, 2015 Complete Act
State: Central
Year: 2015
.....powered vehicle of power not exceeding 4000 watts, having three wheels for carrying goods or passengers, as the case may be, for hire or reward, manufactured, constructed or adapted, equipped and maintained in accordance with such specifications, as may be prescribed in this behalf. . Amendment of section 7. 3. In the principal Act, in section 7, in sub-section (1), the following proviso shall be inserted, namely: Provided that nothing contained in this sub-section shall apply to an e-cart or e-rickshaw. . Amendment of section 9 4. In the principal Act, in section 9, after sub-section (9), the following sub-section shall be inserted, namely: (10) Notwithstanding anything contained in this section, the driving licence to drive e-cart or e-rickshaw shall be issued in such manner and subject to such conditions, as may be prescribed. . Amendment of section 27 5. In the principal Act, in section 27, (i) clause (a) shall be renumbered as clause (aa) thereof and before clause (aa) as so renumbered, the following clause shall be inserted, namely: (a) specifications relating to e-cart and e-rickshaw under sub-section (2) of section 2A; ; (ii) after clause (f), the following clause.....
List Judgments citing this sectionThe Public Premises (Eviction Of Unauthorised Occupants) Amendments Act, 2015 Complete Act
State: Central
Year: 2015
.....appoint. Amendment of section 2. 2. In the Public Premises (Eviction of Unauthorised Occupants) Act,1971 (hereinafter referred to as the principal Act), in section 2, in clause (e), in sub-clause (2), (A) in item (i), for the words and figures "the Companies Act, 1956", the words and figures "the Companies Act, 2013" shall be substituted; (B) in item (ii), for the words and figures "the Companies Act, 1956", the words and figures "the Companies Act, 2013" shall be substituted; (C) for item (iii), the following items shall be substituted, namely: (iii) any company as defined in clause (20) of section 2 of the Companies Act, 2013 in which not less than fifty-one per cent. of the paid up capital is held partly by the Central Government and partly by one or more State Governments and includes a company which is a subsidiary (within the meaning of that Act) of the first-mentioned company and which carries on the business of public transport including metro railway. Explanation. For the purposes of this item, "metro railway" shall have the same meaning as assigned to it in clause (i) of sub-section (1) of section 2 of the Metro Railway (Operation and Maintenance) Act,.....
List Judgments citing this sectionThe Karnataka Stamp (Amendment) Act, 2015 Complete Act
State: Karnataka
Year: 2015
.....property, whichever is higher . (8) in article 32A,- (i) in column 2, after the words Security Deposit the words or for carrying on manufacture, trade, business or profession shall be inserted. (ii) in clause (ii), in column 3, after the words money advanced the words, subject to a minimum of rupees fifty , shall be inserted. (iii) in clause (iii), in column 3, after the words, money advanced the words, subject to a minimum of rupees one hundred , shall be inserted. (iv) in clause (v), in column 3, after the words, money advanced the words, subject to a minimum of rupees two hundred , shall be inserted. (v) in clause (v), in column 3, after the words, money advanced the words, subject to a minimum of rupees three hundred , shall be inserted. (9) in article 34, for clause (d) and entries relating thereto excluding exemption, the following shall be substituted, namely,- (d) for hypothecation of movable property, If the loan or debt is repayable on demand (i) where the loan amount does not exceeds rupees ten lakhs rupees ten for every rupees ten thousands or part thereof (ii) when the loan amount exceeds rupees ten lakhs rupees.....
List Judgments citing this sectionSandip University Act, 2015 Complete Act
State: Maharashtra
Year: 2015
SANDIP UNIVERSITY ACT, 2015 SANDIP UNIVERSITY ACT, 2015 MAHARASHTRA ACT No. XXXVIII OF 2015. (First published, after having received the assent of the Governor in the Maharashtra Government Gazette , on the 21st August 2015). An Act to provide for establishment, incorporation and regulation of Sandip University, Nashik, for the development and advancement of higher education in the State and to provide for matters connected therewith and incidental thereto. WHEREAS it is expedient to provide for establishment, incorporation and regulation of the Sandip University, Nashik for the development and advancement of higher education in the State and to provide for matters connected therewith and incidental thereto, for the purposes hereinafter appearing ; it is hereby enacted in the Sixty-sixth Year of the Republic of India as follows : Short title and commencement 1. (1) This Act may be called the Sandip University Act, 2015. (2) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint. Definition 2. In this Act, unless the context otherwise requires, (a) Board of Management means the Board of Management constituted.....
List Judgments citing this sectionMit Art, Design And Technology University Act, 2015 Complete Act
State: Maharashtra
Year: 2015
MIT ART, DESIGN AND TECHNOLOGY UNIVERSITY ACT, 2015 MIT ART, DESIGN AND TECHNOLOGY UNIVERSITY ACT, 2015 MAHARASHTRA ACT No. XXXIX OF 2015. (First published, after having received the assent of the Governor in the Maharashtra Government Gazette, on the 21 st August 2015). An Act to provide for establishment, incorporation and regulation of MIT Art, Design and Technology University, Pune, for the development and advancement of higher education in the State and to provide for matters connected therewith and incidental thereto. WHEREAS it is expedient to provide for establishment, incorporation and regulation of the MIT Art, Design and Technology University, Pune for the development and advancement of higher education in the State and to provide for matters connected therewith and incidental thereto, for the purposes hereinafter appearing ; it is hereby enacted in the Sixty-sixth Year of the Republic of India as follows : Short title and commencement. 1. (1) This Act may be called the MIT Art, Design and Technology University Act, 2015. (2) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint. Definitions. 2. In.....
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