Title : Withdrawals
State : Central
Year : 1968
(1) A subscriber shall be entitled to make withdrawls from the amount standing to his credit in the fund(including any interest accrued thereon) to such extent and subject to such terms and conditions as may be specified in the Scheme. Provided that such withdrawals shall be allowed only after the expiry of a period of five years from the end of the year in which he makes the initial subscription to the Fund. (2) Notwithstanding anything contained in sub-section (1), a subscriber shall be entitled to withdraw the entire balance standing to his credit in the Fund after the expiry of a period of fifteen years from the end of the year in which he makes the initial subscription to the Fund. (3) Subject to the provisions of sub-sections (1) and (2), an individual who has made..... View Complete Act List Judgments citing this sectionTitle : Payment on Death of Subscriber
State : Central
Year : 1968
(1) If a subscriber dies and there is in force at the time of his death a nomination in favour of any person, all amounts standing to his credit in the Fund shall be payable to the nominee. (2) Where the nominee is a minor, the amounts referred to in sub-section (1) shall be payable to any guardian of the property of the minor appointed by a competent court, or where no such guardian has been so appointed, to either parent of the minor, or where neither parent is alive, to any other guardian of the minor. (3) Where there is no nomination in force at the time of the death of the subscriber, the amounts referred to in sub-section (1) shall be payable to his legal heirs. View Complete Act List Judgments citing this sectionTitle : Protection of Action Taken in Good Faith
State : Central
Year : 1968
No suit, prosecution or other legal proceeding shall lie against any person for anything which is in good faith done or intended to be done under this Act or the Scheme View Complete Act List Judgments citing this sectionTitle : Exemption from Attachment, Etc.
State : Central
Year : 1968
All enemy property vested in the Custodian under this Act shall be exempt from attachment, seizure or sale in execution of decree of a civil court or orders of any other authority. View Complete Act List Judgments citing this sectionTitle : Transfer of Securities Belonging to an Enemy
State : Central
Year : 1968
(1) Where, in exercise of the powers conferred by section 8, the Custodian proposes to sell any security issued by a company and belonging to an enemy, the company may, with the consent of the Custodian, purchase the securities, notwithstanding anything to the contrary in any law or in any regulations of the company and any securities so purchased may be re - issued by the company as and when it thinks fit so to do. (2) Where the Custodian executes and transfers any securities issued by a company, the company shall, on receipt of the transfer and an order in this behalf from the Custodian, register the securities in the name of the transferee, notwithstanding that the regulations of the company do not permit such registration in the absence of the certificate, script or other evidence..... View Complete Act List Judgments citing this sectionTitle : Protection for Complying with Orders of Custodian
State : Central
Year : 1968
Where any order with respect to any money or property is addressed to any person by the Custodian and accompanied by a certificate of the Custodian that the money or property is money or property vested in him under this Act, the certificate shall be evidence of the facts stated therein and if that person complies with the orders of the Custodian, he shall not be liable to any suit or other legal proceeding by reason only of such compliance. View Complete Act List Judgments citing this sectionTitle : Registers of Returns
State : Central
Year : 1968
(1) All returns relating to enemy property submitted to the Custodian under this Act shall be recorded in such registers as may be prescribed. (2) All such register shall be open to inspection subject to the payment of such fees as may be prescribed and to such reasonable restrictions as the Custodian may impose, to any person who, in the opinion of the Custodian, is interested in any particular enemy property as a creditor or otherwise and any such person may also obtain a copy of the relevant portion from the registers on payment of the prescribed fees. View Complete Act List Judgments citing this sectionTitle : Divesting of Enemy Property Vested in the Custodian
State : Central
Year : 1968
The Central Government may, by general or special order, direct that any enemy property vested in the Custodian under this Act and remaining with him shall be divested from him and be returned, in such manner as may be prescribed, to the owner thereof or to such other person as may be specified in the direction and thereupon such property shall cease to vest in the Custodian and shall revest in such owner or other person. View Complete Act List Judgments citing this sectionTitle : Constitution of the Force
State : Central
Year : 1968
(1) There shall be an armed force of the Union called the Border Security Force for ensuring the security of the borders of India. (2) Subject to the provisions of this Act, the Force shall be constituted in such manner as may be prescribed and the conditions of service of the members of the Force shall be such as may be prescribed. View Complete Act List Judgments citing this sectionTitle : Kinds of Security Force Courts
State : Central
Year : 1968
For the purposes of this Act there shall be three kinds of Security Force Courts, that is to say,-- (a) General Security Force Courts; (b) Petty Security Force Courts; and (c) Summary Security Force Courts. View Complete Act List Judgments citing this section