Bare Act Search Results

Insurance Regulatory and Development Authority Act, 1999 Complete Act

State: Central

Year: 1999

.....thereto and further to amend the Insurance Act, 1938, the Life Insurance Corporation Act, 1956 and the General Insurance Business (Nationalisation) Act, 1972. Be it enacted by Parliament in the Fiftieth Year of the Republic of India as follows: STATEMENT OF OBJECTS AND REASONS 1. The insurance industry requires a high degree of regulation. The Insurance Act, 1938 provides for the institution of the Controller of Insurance to act as a strong and powerful supervisory and regulatory authority with powers to direct, advise, caution, prohibit, investigate, inspect, prosecute, search, seize, fine, amalgamate, authorise, register and liquidate insurance companies. However, after the nationalisation of the life insurance industry in 1956 and the general insurance industry in 1972, the role of the Controller of Insurance diminished in significance over a period of time. 2. In April, 1993, the Government set up a high-powered Committee headed by Shri R.N. Malhotra, former Governor, Reserve Bank of India, to examine the structure of the insurance industry and recommend changes to make it more efficient and competitive keeping in view the structural changes in other parts of the financial.....

Indian Boilers Act, 1923 (5 of 1923) Section 4D

Title: Inspection During Manufacture

State: Central

Year: 1923

1[4D. Inspection during manufacture (1) Every manufacturer, before commencing manufacture of a boiler or boiler component, shall engage an Inspecting Authority for carrying out inspection at such stages of manufacture as may be prescribed by regulations. (2) The Inspecting Authority engaged under sub-section (1) shall follow such procedure for inspection and certification of boiler or boiler component as may be prescribed by regulations and after inspection, if it is-- (a) satisfied that the boiler or the boiler component conforms to the standards prescribed by regulations, it shall issue a certificate of inspection and stamp the boiler, or boiler component, or both; or (b) of the opinion that the boiler, or boiler component, or both does not conform to the standards prescribed by regulations, it may for reasons to be recorded in writing refuse to issue such certificate: Provided that no certificate shall be refused unless the Inspecting Authority had directed the manufacturer of the boiler or boiler component, or both in writing to carry out such modifications or rectifications as it deems necessary and the Inspecting Authority is of the opinion that inspite of such.....

Indian Boilers Act, 1923 (5 of 1923) Section 4E

Title: Inspection During Erection

State: Central

Year: 1923

.....is in accordance with the regulations, it shall issue a certificate of inspection in such form as may be prescribed by regulations; or (b) of the opinion that the boiler has not been erected in accordance with the regulations, it may for reasons to be recorded in writing, refuse to grant the certificate and shall communicate such refusal to the manufacturer of the boiler or boiler component forthwith: Provided that no such certificate shall be refused unless the Inspecting Authority had directed the owner in writing to carry out such modifications or rectifications as it deems necessary and the Inspecting Authority is of the opinion that in spite of such direction the owner did not carry out the direction. (3) The Inspecting Authority may, for the purposes of inspection under this section, charge such fee as may be prescribed by regulations. ________________________________________ 1. Inserted by the Indian Boilers (Amendment) Act, 2007 [Act No. 49 of 2007].

Reserve Bank of India Act, 1934 (2 of 1934) Section 45N

Title: Inspection

State: Central

Year: 1934

.....authority all such books, accounts and other documents in his custody or power and to furnish that authority with any statements and information relating to the business of the institution as that authority may require of him, within such time as may be specified by that authority. (3) The inspecting authority may examine on oath any director or member of any committee or body for the time being vested with the management of the affairs of the non-banking institution or other officer or employee thereof, in relation to its business and may administer an oath accordingly. _______________________ 1. Substituted by Act 51 of 1974, section 20, for sub-section (1) (w.e.f. 13-12-1997).

Export (Quality Control and Inspection) Act, 1963 Complete Act

Title: Export (Quality Control and Inspection) Act, 1963

State: Central

Year: 1963

..... Section10P - Continuance of proceedings in the event of death or insolvency Section11 - Penalty Section11A - Penalty for contravention of order made by adjudicating authority or Appellate authority Section11B - Offences by officers and employees of agency, etc. Section11C - Correction of clerical or arithmetical mistakes Section12 - Offences by companies Section13 - Delegation of powers Section14 - Procedure for prosecution Section15 - Officers and employees of agency to be public servants Section16 - Protection of action taken in good faith Section16A - Suspension, etc., of operation of the provisions of the Act Section17 - Power to make rules Section18 - Act to override other enactments

National Housing Bank Act, 1987 Section 34

Title: Inspection

State: Central

Year: 1987

.....Housing Bank may, at any time, cause in inspection to be made by one or more of its officers or employees or other persons (hereafter in this section to be referred to as the inspecting authority) any housing finance institution accepting deposits, for the purpose of verifying the correctness or completeness of any statement, information or particulars furnished to the National Housing Bank or for the purpose of obtaining any information or particulars which the housing finance institution has failed to furnish on being called upon to do so. (2) It shall be the duty of every director or member of any committee or other body or any person for the time being vested with the management of the whole or part of the affairs of every housing finance institution accepting deposits or other officer or employee thereof to produce to the inspecting authority all such books, accounts and other documents in his custody or power and to furnish that authority with any statement and information relating to the business of the institution as that authority may require of him, within such time as may be specified by that authority. (3) The inspecting authority may examine on oath any.....

Export (Quality Control and Inspection) Act, 1963 Section 7

Title: Machinery for Quality Control and Inspection

State: Central

Year: 1963

..... (5) Subject to the provisions of sub-section (6), the decision of the agency where no appeal is filed, and the decision of the appellate authority where an appeal is filed, shall be final and shall not be questioned in any Court of law. (6) The Central Government may, at any time, call for and examine the record of any proceeding relating to any decision of an agency or appellate authority under this section for the purpose of satisfying itself as to the legality or propriety of such decision and may pass such order thereon as it thinks fit. ________________________ 1. Inserted by Export (Quality Control and Inspection) Amendment Act (Act 40 of 1984) w.e.f 02.071984.

Telecom Regulatory Authority of India Act, 1997 (24 of 1997) Chapter 3

Title: Powers and Functions of the Authority

State: Central

Year: 1997

..... (4) The Authority shall ensuretransparency while exercising its powers and discharging its functions. ____________________ 1. Substituted by Act 2 of 2000,section 9, for sub-section (1) (w.r.e.f. 24-1-2000). 2. Substituted by Act 2 of 2000,section 9, for "under sub-section (1)" (w.r.e.f. 24-1-2000). Section 12 - Powers of Authority to call for information, conduct investigations, etc. (1) Where the Authority considers it expedient so to do, it may, by order in writing, (a) call upon any service provider at any time to furnish in writing such information or explanation relating to its affairs as the Authority may require; or (b) appoint one or more persons to make an inquiry in relation to the affairs of any service provider; and (c) direct any of its officers or employees to inspect the books of account or other documents of any service provider. (2) Where any inquiry in relation to the affairs of a service provider has been undertaken under sub-section (1), (a) every officer of the Government Department, if such service provider is a department of the Government; (b) every director, manager, secretary or other officer, if such service provider is a.....

Telecom Regulatory Authority of India Act, 1997 (24 of 1997) Section 11

Title: Functions of Authority

State: Central

Year: 1997

.....persons or class of persons for similartelecommunication services and where different rates are fixed as aforesaid theAuthority shall record the reasons therefor. (3) While discharging its functions2 [under sub-section (1) or sub-section (2)] the Authority shall not act againstthe interest of the sovereignty and integrity of India, the security of theState, friendly relations with foreign States, public order, decency ormorality. (4) The Authority shall ensuretransparency while exercising its powers and discharging its functions. ____________________ 1. Substituted by Act 2 of 2000,section 9, for sub-section (1) (w.r.e.f. 24-1-2000). 2. Substituted by Act 2 of 2000,section 9, for "under sub-section (1)" (w.r.e.f. 24-1-2000).

Coastal Aquaculture Authority Act, 2005 Chapter IV

Title: Powers and Functions of Authority

State: Central

Year: 2005

.....is made has failed to utilise such farm for coastal aquaculture purposes or without any reasonable cause has violated any provision of this Act or the rules or regulations made thereunder or any direction or order made by the Authority in pursuance of section 11: Provided that such refusal to renew the registration shall not be made without providing such person an opportunity of being heard. Explanation 1.--For the purposes of this section, "appointed day" means the date of establishment of the Authority. Explanation 2.--For the removal of doubts, it is hereby declared that the expression "to renew the registration" used in sub-sections (10) and (11) shall be construed to include further renewal of the registration. Section 14 - Punishment for carrying on coastal aquaculture without registration If any person carries on coastal aquaculture or traditional coastal aquaculture or causes the coastal aquaculture or traditional coastal aquaculture to be carried on in contravention of sub-section (1) of section 13, he shall be punishable with imprisonment for a term which may extend to three years or with fine which may extend to one lakh rupees, or with both. .....