Title : Amendment of Section 5
State : Central
Year : 2007
In section 5 of the principal Act, (a) in sub-section (1), for the words "The Central Government", the words and figures "Subject to the provisions of section 14, the Central Government" shall be substituted; (b) in sub-section (2), (i) for clause (b), the following clauses shall be substituted, namely: "(b) the licensing, inspection and regulation of aerodromes, the conditions under which aerodromes may be maintained and the prohibition or regulation of the use of unlicensed aerodromes; (ba) the fees which may be charged at those aerodromes to which the Airports Authority of India Act, 1994(55 of 1994) does not apply or is not made applicable;"; (ii) after clause (g), the following clauses shall be inserted, namely: "(ga) the licensing of persons engaged in air traffic..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 5a
State : Central
Year : 2007
In section 5 A of the principal Act, in sub-section (1), for the words, brackets, letters and figures "clauses (b), (c), (e), (f), (g), (h) and (m) of sub-section (2) of section 5, to any person or persons engaged in aircraft operations or using any aerodrome", the words, brackets, letters and figures "clauses (ad), (b), (c), (e), (f), (g), (ga), (gb), (gc), (h), (i), (m) and (qq) of sub-section (2) of section 5, to any person or persons using any aerodrome or engaged in the aircraft operations, air traffic control, maintenance and operation of aerodrome, communication, navigation, surveillance and air traffic management facilities and safeguarding civil aviation against acts of unlawful interference" shall be substituted. View Complete Act List Judgments citing this sectionTitle : Insertion of New Section 40a
State : Central
Year : 2007
After section 40 of the State Bank of India (Subsidiary Banks) Act, the following section shall be inserted, namely:-- '40A. Transfer of unpaid or unclaimed dividend to unpaid dividend account-(1) Where, after the commencement of the State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007, a dividend has been declared by the subsidiary bank but has not been paid, or claimed, within thirty days from the date of declaration, to or by any shareholder entitled to the payment of the dividend, the subsidiary bank shall, within seven days from the date of the expiry of such period of thirty days, transfer the total amount of dividend which remains unpaid, or unclaimed within the said period of thirty days, to a special account to be called "unpaid dividend account..... View Complete Act List Judgments citing this sectionTitle : Insertion of New Sections 62d and 62e
State : Central
Year : 2007
After section 62C of the principal Act, the following sections shall be inserted, namely:-- '62D. Punishment for offences relating to pollution-Whoever contravenes any provision of Chapter VIAB or of any rule made thereunder, shall be punishable with imprisonment which may extend to one year, or with fine which may extend to fifty thousand rupees, or with both. 62E. Offences by companies-(1) Where an offence under Chapter VIAB has been committed by a company, every person who, at the time the offence was committed, was in charge of, and was responsible to, the company for the conduct of the business of the company, as well as the company shall be deemed to be guilty of the contravention and shall be liable to be proceeded against and punished accordingly: Provided that nothing in..... View Complete Act List Judgments citing this sectionTitle : Power to Remove Difficulties
State : Central
Year : 2007
(1) If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order, published in the Official Gazette, make such provisions, not inconsistent with the provisions of the principal Act as amended by this Act or this Act as may appear to be necessary or expedient for the purpose of removing the difficulty: Provided that no order shall be made under this section after the expiry of two years from the date on which this Act comes into force. (2) Every order made under this section shall, as soon as may be after it is made, be laid before each House of Parliament. View Complete Act List Judgments citing this sectionTitle : Amendment of Section 8
State : Central
Year : 2007
In section 8 of the principal Act,-- (a) for sub-sections (1) and (2), the following sub-sections shall be substituted, namely:-- "(1) Every dealer, who in the course of inter-State trade or commence, sells to a registered dealer goods of the description referred to in sub-section (3), shall be liable to pay tax under this Act, which shall be three per cent, of his turnover or at the rate applicable to the sale or purchase of such goods inside the appropriate State under the sales tax law of that State, whichever is lower: Provided that the Central Government may, by notification in the Official Gazette, reduce the rate of tax under this sub-section. (2) The tax payable by any dealer on his turnover in so far as the turnover or any part thereof relates to the sale of goods in..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 16
State : Central
Year : 2007
In section 16 of the principal Act, -- (a) for sub-section (1), the following sub-sections shall be substituted, namely: -- "(1) The Central Government may, by notification, appoint a Director General for the purposes of assisting the Commission in conducting inquiry into contravention of any of the provisions of this Act and for performing such other functions as are, or may be, provided by or under this Act. (1A) The number of other Additional, Joint, Deputy or Assistant Directors General or such officers or other employees in the office of Director General and the manner of appointment of such Additional, Joint, Deputy or Assistant Directors General or such officers or other employees shall be such as may be prescribed."; (b) in sub-section (2), for the words "such other..... View Complete Act List Judgments citing this sectionTitle : Substitution of New Section for Section 17
State : Central
Year : 2007
For section 17 of the principal Act, the following section shall be substituted, namely: -- "17. Appointment of Secretary, experts professionals and officers and other employees and other employees of Commission-(1) The Commission may appoint a Secretary and such officers and other employees as it considers necessary for the efficient performance of its functions under this Act. (2) The salaries and allowances payable to, and other terms and conditions of service of, the Secretary and officers and other employees of the Commission and the number of such officers and other employees shall be such as may be prescribed. (3) The Commission may engage, in accordance with the procedure specified by regulations, such number of experts and professionals of integrity and outstanding..... View Complete Act List Judgments citing this sectionTitle : Amendment of Section 27
State : Central
Year : 2007
1[In section 27 of the principal Act,-- (i) in clause (b), for the proviso, the following proviso shall be substituted, namely:-- "Provided that in case any agreement referred to in section 3 has been entered into by a cartel, the Commission may impose upon each producer, seller, distributor, trader or service provider included in that cartel, a penalty of up to three times of its profit for each year of the continuance of such agreement or ten per cent, of its turnover for each year of the continuance of such agreement, whichever is higher."; (ii) clauses (c) and (f) shall be omitted; (iii) in clause (g), for the word "order", the words "order or issue such directions" shall be substituted; (iv) after clause (g), the following proviso shall be inserted, namely:-- "Provided..... View Complete Act List Judgments citing this sectionTitle : Insertion of New Section 42a
State : Central
Year : 2007
1[After section 42 of the principal Act, the following section shall be inserted, namely:-- "42A. Compensation in case of contravention of orders of Commission-Without prejudice to the provisions of this Act, any person may make an application to the Appellate Tribunal for an order for the recovery of compensation from any enterprise for any loss or damage shown to have been suffered, by such person as a result of the said enterprise violating directions issued by the Commission or contravening, without any reasonable ground, any decision or order of the Commission issued under sections 27, 28, 31, 32 and 33 or any condition or restriction subject to which any approval, sanction, direction or exemption in relation to any matter has been accorded, given, made or granted under this Act..... View Complete Act List Judgments citing this section