Title : Effect of Provisions Inconsistent with Other Laws
State : Central
Year : 1968
The provisions of this Act shall have effect notwithstanding anything inconsistent therewith contained in any other law. View Complete Act List Judgments citing this sectionTitle : Functions of Members of Civil Defence Corps
State : Central
Year : 1968
(1) The members of the Corps shall perform such functions in relation to the carrying out of measures for civil defence as may be assigned to them by rules made under this Act or by any other law for the time being in force. (2) The State Government or the Controller may, by order, call out a member of the Corps for training or for discharging such functions in relation to the carrying out of measures for civil defence as may be specified in such order. (3) Subject to such orders as the Central Government may make in this behalf, any member of the Corps of any State may at any time be required, by order, to discharge functions in relation to civil defence in any other State and shall while discharging such functions, be deemed to be a member of the Corps of that other State and be..... View Complete Act List Judgments citing this sectionTitle : Limitation of Prosecutions
State : Central
Year : 1968
No prosecution for any offence punishable under this Act shall be instituted against any person except by, or with the consent of, the Controller or any person authorised by the Controller in this behalf. View Complete Act List Judgments citing this sectionTitle : Amendment of Chapter Iii
State : Central
Year : 1968
In Chapter III of the principal Act, in the heading, after the words " BANKING COMPANIES", the words " AND CO-OPERATIVE BANKS" shall be inserted. View Complete Act List Judgments citing this sectionTitle : Short Title and Commencement
State : Central
Year : 1968
(1) This Act may be called the State Agricultural Credit Corporations Act, 1968 (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for different States or for different Union territories. View Complete Act List Judgments citing this sectionTitle : Restrictions on Transfer of Shares
State : Central
Year : 1968
Save as otherwise provided in the second proviso to sub- section (5) of section 5, the shares of the Corporation shall not be transferable. View Complete Act List Judgments citing this sectionTitle : Managing Director
State : Central
Year : 1968
(1). The managing director shall- (a) be a whole - time officer of the Corporation; (b) perform such duties as the Board may, by regulations or otherwise, assign to him; (c) hold office for such term, not exceeding three years, as the Central Government may specify at the time of the appointment and be eligible for re- appointment; (d) receive such salary and allowances and be governed by such terms and conditions of service as the Central Government may- (i) in the case of first appointment determine, or (ii) in the case of any subsequent appointment, determine after consultation with the Board. (2). The Central Government may, after consultation with the Board and for sufficient cause, remove the managing director from office. Provided that no managing director shall..... View Complete Act List Judgments citing this sectionTitle : Vacation of Seats of Directors
State : Central
Year : 1968
(1) If a director,- (a) becomes subject to any disqualification specified in section 12, or (b) is absent without leave of the Board for more than three consecutive meeting thereof, his seat shall thereupon become vacant, (2) The managing director or any other director may resign his office by giving notice thereof in writing to the authority by which he was appointed or nominated, or if he is a director elected under clause (d) of section 9, to the Board, and on such resignation being accepted, shall be deemed to have vacated his office. View Complete Act List Judgments citing this sectionTitle : Meetings of Board and Committees
State : Central
Year : 1968
(1) The Board or the Executive Committee or any other committee shall meet at such times and places and shall observe such rules of procedure in regard to the transaction of business at its meetings as may be prescribed. (2) Three directors personally present at any meeting of the Board and two members personally present at a meeting of a committee shall be the quorum for such meeting (3) If, for any reason, the Chairman of the Board or of any committee is unable to attend any meeting of the Board or the Committee, as the case may be, the members present at the meeting shall elect one of them to preside at the meeting. (4) If for any reason a director nominated under clause (a), clause (b) or clause (c) of section 9 is unable to attend any meeting of the Board or of any committee..... View Complete Act List Judgments citing this sectionTitle : Fees and Allowances of Directors and Members of Committees
State : Central
Year : 1968
Every director and every member of a committee shall be paid such fees and allowances as the Board may, by regulations, determine, for attending the meetings of the Board or, as the case may be, any of its committees, or attending to any other work of the Corporation: Provided that no fees shall be paid to the Chairman, managing director or any other director , if he is an officer of the Government , Reserve Bank, State Bank, subsidiary bank,1[corresponding new bank], banking company or Food Corporation. ________________________ 1. Inserted by the Banking Companies (Acquisition and Transfer of Undertakings) Act 1970 (5 of 1970) w.e.f. 19-07-1969. View Complete Act List Judgments citing this section