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Start Free TrialParel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979 [Repealed] Repealing Act 1
Title: Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Repeal Act, 2005
State: Central
Year: 1979
.....MANAGEMENT) REPEAL ACT, 2005 THE PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED (TAKING OVER OF MANAGEMENT) REPEAL ACT, 2005 [Act, No.14 of 2005] [31st March, 2005] PREAMBLE An Act to repeal the Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking Over of Management) Act, 1979. BE it enacted by Parliament in the Fifty-fifth Year of the Republic of India as follows:-- 1. Short Title This Act may be called the Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking Over of Management) Repeal Act, 2005. 2. Repeal and Saving (1) The Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking Over of Management) Act, 1979 is hereby repealed.; (2) On the repeal of the Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking Over of Management) Act, 1979, the management of the Parel Investments and Trading Private Limited and Domestic Gas Private Limited shall be vested and deemed to have been vested in the respective board of directors of the said Companies to be appointed after such repeal and possession of the.....
View Complete Act List Judgments citing this sectionParel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979 [Repealed] Preamble 1
Title: Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979
State: Central
Year: 1979
THE PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED (TAKING OVER OF MANAGEMENT) ACT, 1979 [Act, No. 29 of 1979] [26th May, 1979] PREAMBLE An Act to provide for the taking over, in the public interest, of the management of the undertakings of the Parel Investments and Trading Private Limited and the Domestic Gas Private Limited, pending acquisition of those undertakings, with a view to maintaining a service essential to the life of the community, namely, the bottling, transporting, marketing and distribution of liquefied petroleum gas, and for matters connected therewith or incidental thereto. WHEREAS the undertakings in India of Caltex (India) Limited, a foreign company, had vested in Caltex Oil Refining (India) Limited, a Government company within the meaning of the Companies Act, 1956 (1 of 1956), under the Caltex [Acquisition of Shares of Caltex Oil Refining (India) Limited and of the Undertakings in India of Caltex (India) Limited] Act, 1977 (17 of 1977); AND WHEREAS the agreement dated the 23rd November, 1970 entered into by Caltex (India) Limited with the East Coast Gas Company, a partnership firm which has since been taken over.....
View Complete Act List Judgments citing this sectionRemittances of Foreign Exchange and Investment in Foreign Exchange Bonds (Immunities and Exemptions) Act, 1991 Chapter III
Title: Investment in Foreign Exchange Bonds
State: Central
Year: 1991
.....commenced against any of the persons referred to in clause (a) under any of the said Acts on the ground that such person owns such Bonds; (c) the fact that any of the persons referred to in clause (a) owns such Bonds shall not be taken into account and shall be inadmissible as evidence in any proceedings relating to any offence or the imposition of any penalty under any of the said Acts. (2) Nothing in sub-section (1) shall apply to foreign exchange which is required to be brought into India under any of the provisions of-- (i) the Foreign Exchange Regulation Act, 1973 (46 of 1973); or (ii) the Income-tax Act, 1961 (43 of 1961), read with the Foreign Exchange Regulation Act, 1973 (46 of 1973), if the period within which such foreign exchange is to be brought into India has not expired or where such period has been extended, in any manner, by the Central Government or the Reserve Bank of India or any other authority, such extended period has not expired on the date of commencement of this Act. Section 7 - Foreign Exchange Bonds not to be taken into account In certain cases Without prejudice to the generality of the provisions of section 6,-- (a) the provisions of.....
View Complete Act List Judgments citing this sectionParel Investments and Trading Private Limited and Domestic Gas Private Limited(Taking over of Management)repeal Act,2005 Preamble 1
Title: Parel Investments and Trading Private Limited and Domestic Gas Private Limited Taking over of Management Repeal Act, 2005
State: Central
Year: 2005
THE PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED (TAKING OVER OF MANAGEMENT) REPEAL ACT, 2005 [Act, No.14 of 2005] (31st March, 2005) PREAMBLE An Act to repeal the Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking Over of Management) Act, 1979. BE it enacted by Parliament in the Fifty-fifth Year of the Republic of India as follows:--
View Complete Act List Judgments citing this sectionParel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979 [Repealed] Complete Act
Title: Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Act, 1979 [Repealed]
State: Central
Year: 1979
Preamble1 - PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED (TAKING OVER OF MANAGEMENT) ACT, 1979 Chapter I Section1 - Short title and commencement Section2 - Definitions Chapter II Section3 - Management of the undertakings of the two companies to vest in Central Government Section4 - Appointment of Custodian to take over management of the undertakings of the two companies Section5 - Payment of amount Chapter III Section6 - Application of Act 1 of 1956 Section7 - Penalties Section8 - Offences by companies Section9 - Exclusion of period of operation of Act Section10 - Act to have over-riding effect Section11 - Protection of action taken in good faith Section12 - Contracts in bad faith, etc., to be terminated or modified Section13 - Avoidance of transfer or surrender after 29th December, 1977 Section14 - Power to terminate contract of employment Section15 - Power to remove difficulties Section16 - Power to make rules Repealing Act1 - PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED (TAKING OVER OF MANAGEMENT) REPEAL ACT, 2005
List Judgments citing this sectionRemittances of Foreign Exchange and Investment in Foreign Exchange Bonds (Immunities and Exemptions) Act, 1991 Preamble 1
Title: Remittances of Foreign Exchange and Investment in Foreign Exchange Bonds (Immunities and Exemptions) Act, 1991
State: Central
Year: 1991
THE REMITTANCES OF FOREIGN EXCHANGE AND INVESTMENT IN FOREIGN EXCHANGE BONDS (IMMUNITIES AND EXEMPTIONS) ACT, 1991 [Act No. 41 of 1991] Preamble An Act to provide for certain immunities to persons receiving remittances in foreign exchange and to persons owning the Foreign Exchange Bonds and for certain exemptions from direct taxes in relation to such remittances and bonds and for matters connected therewith or incidental thereto. WHEREAS the position relating to balance of payments has become difficult and it is necessary to attract large inflow of foreign exchange. and WHEREAS with a view to attracting such inflow of foreign exchange, it is expedient to provide for certain immunities and exemptions to render it possible for certain persons to receive the said remittances in foreign exchange and to own the said Bonds. be it enacted by Parliament in the Forty-second Year of the Republic of India as follows:--
View Complete Act List Judgments citing this sectionRemittances of Foreign Exchange and Investment in Foreign Exchange Bonds (Immunities and Exemptions) Act, 1991 Complete Act
Title: Remittances of Foreign Exchange and Investment in Foreign Exchange Bonds (Immunities and Exemptions) Act, 1991
State: Central
Year: 1991
Preamble1 - REMITTANCES OF FOREIGN EXCHANGE AND INVESTMENT IN FOREIGN EXCHANGE BONDS (IMMUNITIES AND EXEMPTIONS) ACT, 1991 Chapter I Section1 - Short title and extent Chapter II Section2 - Definitions Section3 - Immunities Section4 - Remittances not to be taken into account in certain cases Chapter III Section5 - Definitions Section6 - Immunities Section7 - Foreign Exchange Bonds not to be taken into account In certain cases
List Judgments citing this sectionParel Investments and Trading Private Limited and Domestic Gas Private Limited(Taking over of Management)repeal Act,2005 Complete Act
Title: Parel Investments and Trading Private Limited and Domestic Gas Private Limited(Taking over of Management)repeal Act,2005
State: Central
Year: 2005
Preamble1 - PAREL INVESTMENTS AND TRADING PRIVATE LIMITED AND DOMESTIC GAS PRIVATE LIMITED TAKING OVER OF MANAGEMENT REPEAL ACT, 2005 Section1 - Short Title Section2 - Repeal and Saving
List Judgments citing this sectionInsurance Act, 1938 (4 of 1938) Section 27A
Title: Further Provisions Regarding Investments
State: Central
Year: 1938
.....fund of any employee or to any security taken from any employee or other moneys of a like nature are required to be held by or under any Central Act, or Act of a State legislature. Explanation --In this section "controlled fund" me ans-- (a) in the case of any insurer specified in sub-clause (a) (ii) or sub-clause (b) of clause ( 9 ) of section 2 carrying on life insurance business -- (i) all hi s funds, if he carries on no other class of insurance business; (ii) all the funds appertaining to hi s life insurance business if he carries on some other class of insurance business also; and (b) in the case of any other insurer carrying on life insurance business- (i) all hi s funds in India, if he carries on no other class of insurance business; (ii) all the funds in India appertaining to hi s life insurance business if he carries on some other class of insurance business also; but does not include any fund or portion thereof in respect of which the4[ Authority] is satisfied that such fund or portion thereof, as the case may be, is regulated by the law of any country outside India or in respect of which the4[ Authority] is satisfied that it would not be in the.....
View Complete Act List Judgments citing this sectionInsurance Act, 1938 (4 of 1938) Section 27B
Title: Further Provisions Regarding Investments
State: Central
Year: 1938
.....than in any of the following approved investments, namely:-- ( a) the investments specified in clauses (a) to (e), (n), (q) and (r) of sub-section (1) of section 27A; (b) debentures secured by a first charge on any immovable property, plant or equipment of any company which has paid interest in full for the three years immediately preceding or for at least three out of the four or five years immediately preceding on such or similar debentures issued by it; (c) debentures secured by a first charge on any immovable property, plant or equipment of any company where either the book value or the market value, whichever is less, of such property, plant or equipment is more than twice the value of such debentures; (d) first debentures secured by a floating charge on all its assets or by a fixed charge on fixed assets and floating charge on all other assets of any company which has paid dividends on its equity shares for the three years immediately preceding or for at least three out of the four or five years immediately preceding the date of the investment; (e) preference shares of any company which has paid dividends on its equity shares for the three years.....
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