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Indian Contract Act, 1872 Section 73

Title: Compensation for Loss or Damage Caused by Breach of Contract

State: Central

Year: 1872

.....caused to B by the closing of the mill. (q) A contracts to sell and deliver to B, on the first of January, certain cloth which B intends to manufacture into caps of a particular kind, for which there is no demand, except at that season. The cloth is not delivered till after the appointed time, and too late to be used that year in making caps. B is entitled to receive from A, by way of compensation, the difference between the contract price of the cloth and its market price at the time of delivery, but not the profits which he expected to obtain by making caps, nor the expenses which he has been put to in making preparation for the manufacture. (r) A, a ship-owner, contracts with B to convey him from Calcutta to Sydney in A's ship, sailing on the first of January, and B pays to A, by way of deposit, one-half of his passage-money. The ship does not sail on the first of January, and B, after being in consequence detained in Calcutta for some time and thereby put to some expense, proceeds to Sydney in another vessel, and, in consequence, arriving too late in Sydney, loses a sum of money. A is liable to repay to B his deposit, with interest, and the expense to which he is put.....

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Prevention of Destruction and Loss of Property Act, 1981 Preamble 1

Title: Prevention of Destruction and Loss of Property Act, 1981

State: Karnataka

Year: 1981

THE PREVENTION OF DESTRUCTION AND LOSS OF PROPERTY ACT, 1981 [Act, No. 47 of 1981] [29th September, 1981] PREAMBLE An Act to provide for punishment of certain acts in respect of property and imposition of collective fine to recover the loss or damage sustained by such acts. WHEREAS it is expedient to provide for punishment of certain acts in respect of property and imposition of collective fine to recover the loss or damage sustained by such acts; BE it enacted by the Karnataka State Legislature in the Thirty--second Year of the Republic of India as follows:--

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Prevention of Destruction and Loss of Property Act, 1981 Complete Act

Title: Prevention of Destruction and Loss of Property Act, 1981

State: Karnataka

Year: 1981

Preamble 1 - PREVENTION OF DESTRUCTION AND LOSS OF PROPERTY ACT, 1981 Section 1 - Short title and commencement Section 2 - Punishment for committing mischief in respect of property Section 3 - Special provision regarding bail Section 4 - Power of State Government to impose collective fine Section 5 - Power to make rules Section 6 - Repeal and savings

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Contract Act, 1872 Complete Act

State: Central

Year: 1872

..... (3) by the failure of the acceptor to fulfil a condition precedent to acceptance; or (4) by the death or insanity of the proposer, if the fact of the death or insanity comes to the knowledge of the acceptor before acceptance. SECTION 07: ACCEPTANCE MUST BE ABSOLUTE In order to convert a proposal into a promise, the acceptance must- (1) be absolute and unqualified ; (2) be expressed in some usual and reasonable manner, unless the proposal prescribes the manner in which it is to be accepted. If the proposal prescribes a manner in which it is to be accepted, and the acceptance is not made in such a manner, the proposer may, within a reasonable time after the acceptance is communicated to him, insist that his proposal shall be accepted in the prescribed mariner, and not otherwise; but if he fails to do so, he accepts the acceptance. SECTION 08: ACCEPTANCE BY PERFORMING CONDITIONS, OR RECEIVING CONSIDERATION. Performance of the conditions of a proposal, or the acceptance of any consideration for a reciprocal promise which may be offered with a proposal, is an acceptance of the proposal. SECTION 09: PROMISES, EXPRESS OR IMPLIED. Insofar as the proposal or.....

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The Chhattisgarh Medicare Service Persons and Medicare Service Institutions (Prevention of Violence and Damage or Loss to Property) Act, 2010 Complete Act

State: Chattisgarh

Year: 2010

.....negligence or mismanagement and aid or advice the victims on the basis of its findings. (2) The Authority shall consist of experts from the field of medical, law, consumer movement and health management. (3) The conditions of service of the experts mentioned in sub-section (2), and the procedure to be followed by the Authority shall be such as may be specified by the State Government by an order in this behalf. Section 8 - Act not in derogation of any other law The provisions of this Act shall be in addition to and not in derogation of the provisions of any other law for the time being in force. Section 9 - Power to make rules The State Government may, by notification make the rules to carry out the provisions of this Act. Every rule made under this Act by the State Government shall be laid, as soon as may be after it is made, before the State Legislature. Chhatisgarh State Acts

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Indian Contract Act, 1872 Chapter 6

Title: Of the Consequences of Breach of Contract

State: Central

Year: 1872

.....caused to B by the closing of the mill. (q) A contracts to sell and deliver to B, on the first of January, certain cloth which B intends to manufacture into caps of a particular kind, for which there is no demand, except at that season. The cloth is not delivered till after the appointed time, and too late to be used that year in making caps. B is entitled to receive from A, by way of compensation, the difference between the contract price of the cloth and its market price at the time of delivery, but not the profits which he expected to obtain by making caps, nor the expenses which he has been put to in making preparation for the manufacture. (r) A, a ship-owner, contracts with B to convey him from Calcutta to Sydney in A's ship, sailing on the first of January, and B pays to A, by way of deposit, one-half of his passage-money. The ship does not sail on the first of January, and B, after being in consequence detained in Calcutta for some time and thereby put to some expense, proceeds to Sydney in another vessel, and, in consequence, arriving too late in Sydney, loses a sum of money. A is liable to repay to B his deposit, with interest, and the expense to which he is put.....

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Companies Act, 1956 Section 294A

Title: Prohibition of Payment of Compensation Tosole Selling Agents for Loss of Office in Certain Cases

State: Central

Year: 1956

.....in bringing about, the termination of the sole selling agency. (2) The compensation which may be paid by a company to its sole selling agent for loss of office shall not exceed the remuneration which he would have earned if he had been in office for the unexpired residue of his term, or for three years, whichever is shorter, calculated on the basis of the average remuneration actually earned by him during a period of three years immediately preceding the date on which his office ceased or was terminated, or where he held his office for a lesser period than three years, during such period.] _______________________ 1. Inserted by Act 31 of 1965, Section 40 (w.e.f. 15-10-1965 ).

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Companies Act, 1956 Section 318

Title: Compensation for Loss of Office Not Permissible Except to Managing or Whole-time Directors or to Directors Who Aremanagers

State: Central

Year: 1956

.....as aforesaid; (c) where the office of the director is vacated by virtue of section 203, 3 [***] or any of the clauses (a) to 4 [(1)], of sub-section (1) of section 283; (d) where the company is being wound up, whether by 5 [order of the Tribunal] or voluntarily, provided the winding up was due to the negligence or default of the director; (e) where the director has been guilty of fraud or breach of trust in relation to, or of gross negligence in or gross mismanagement of, the conduct of the affairs of the company or any subsidiary or holding company thereof; (f) where the director has instigated, or has taken part directly or indirectly in bringing about, the termination of his office. (4) Any payment made to a managing or other director in pursuance of sub-section (1) shall not exceed the remuneration which he would have earned if he had been in office for the unexpired residue of his term or for three years, whichever is shorter, calculated on the basis of the average remuneration actually earned by him during a period of three years immediately preceding the date on which he ceased to hold the office, or where he held that office for a lesser period than three.....

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Companies Act, 2013, Section 202

Title: Compensation for Loss of Office of Managing or Whole

State: Central

Year: 2013

.....otherwise than on the reconstruction of the company or its amalgamation as aforesaid; (c) where the office of the director is vacated under sub-section (1) of section 167; (d) where the company is being wound up, whether by an order of the Tribunal or voluntarily, provided the winding up was due to the negligence or default of the director; (e) where the director has been guilty of fraud or breach of trust in relation to, or of gross negligence in or gross mismanagement of, the conduct of the affairs of the company or any subsidiary company or holding company thereof; and (f) where the director has instigated, or has taken part directly or indirectly in bringing about, the termination of his office. (3) Any payment made to a managing or whole-time director or manager in pursuance of sub-section (1) shall not exceed the remuneration which he would have earned if he had been in office for the remainder of his term or for three years, whichever is shorter, calculated on the basis of the average remuneration actually earned by him during a period of three years immediately preceding the date on which he ceased to hold office, or where he held the office for a lesser.....

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The Punjab Agricultural Produce Markets (Haryana Amendment) Act, 2005 Complete Act

State: Haryana

Year: 2005

.....of any of the provisions of this Act or the rules made there under; or (ii) has been entered into as a result of fraud or concealment of facts; or (iii) is detrimental to the interests of the panchayat as prescribed, [the Assistant Collector of the first grade] may, not withstanding anything as aforesaid, cancel the [sale, lease], contract or agreement or vary the terms thereof unconditionally or subject to such conditions as he may think fit : Provided that no order under this sub-section shall be passed by [the Assistant Collector of the first grade] without affording an opportunity of being heard to the parties to the [sale, lease], contract or agreement. -------------------------------------------- 46 Substituted by Haryana Act 47 of 1973. 47 Inserted by Punjab Act 19 of 1964, Section 4. 48 Substituted for the words "Leases" by Haryana Act 34 of 1974. -------------------------------------------- (3) Where the terms of any 49[sale, lease], contract or agreement have been varied by [the Assistant Collector of the first grade] under sub-section (2), the variation shall, notwithstanding anything contained in this Act or the shamilat law or in any law.....

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