Bare Act Search Results

Companies Act, 1956 Section 58A

Title: Deposits Not to Be Invited Without Issuing an Advertisement

State: Central

Year: 1956

.....by, a company but shall not include such categories of amount as may be prescribed in consultation with the Reserve Bank of India.] ________________________ 1. Inserted by Act 41 of 1974, Section 7 (w.e.f. 1-2-1975). 2. The words "and" omitted by Act 5 of 1997, Section 4 (w.e.f. 1-3-1997). 3. Substituted by Act 5 of 1997, Section 4, for "prescribed" (w.e.f. 1-3-1997). 4. Inserted by Act 5 of 1997, Section 4 (w.e.f. 1-3-1997). 5. Substituted by Act 31 of 1988, Section 9, for "terms of such deposit" (w.e.f. 1-9-1989). 6. Inserted by Act 31 of 1988, Section 9 (w.e.f. 1-9-1989). 7. Substituted by Act 53 of 2000, Section 18, for "one lakh rupees" (w.e.f. 13-12-2000). 8. Substituted by Act 53 of 2000, Section 18, for "five thousand rupees" (w.e.f. 13-12-2000). 9. Inserted by Act 46 of 1977, Section 3 (w.e.f. 24-12-1977). 10. Substituted Act 11 of 2003, Section 9, for "Company Law Board". 11. Substituted by Act 53 of 2000, Section 18, "not less than rupees fifty" (w.e.f. 13-12-2000). 12. Inserted by Act 21 of 1999, Section 3 (w.r.e.f. 31-10-1998).

Companies Act, 2013, Section 42

Title: Offer or Invitation for Subscription of Securities on Private Placement

State: Central

Year: 2013

.....buyers and employees of the company being offered securities under a scheme of employees stock option as per provisions of clause (b) of sub-section (1) of section 62], in a financial year and on such conditions (including the form and manner of private placement) as may be prescribed. Explanation I.--If a company, listed or unlisted, makes an offer to allot or invites subscription, or allots, or enters into an agreement to allot, securities to more than the prescribed number of persons, whether the payment for the securities has been received or not or whether the company intends to list its securities or not on any recognised stock exchange in or outside India, the same shall be deemed to be an offer to the public and shall accordingly be governed by the provisions of Part I of this Chapter. Explanation II.--For the purposes of this section, the expression-- (i) "qualified institutional buyer" means the qualified institutional buyer as defined in the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended from time to time. (ii) "private placement" means any offer of securities or invitation to subscribe.....

Karnataka Municipalities Act, 1964 Section 347

Title: Tenders to Be Invited for Contracts Involving Expenditure Exceeding Five Hundred Rupees

State: Karnataka

Year: 1964

(1) Except as is otherwise provided in sub-section (3), a Municipal Commissioner shall at least seven days before entering into any contract for the execution of any work or the supply of any materials or goods which will involve an expenditure exceeding five hundred rupees, give notice by advertising in the local newspapers, inviting tenders for such contract. (2) A Municipal Commissioner shall not be bound to accept any tender which may be made in pursuance of such notice, but may accept, subject to the provisions of clause (d) of section 345, any of the tenders so made which appears to him, upon a consideration of all the circumstances, to be the most advantageous or may reject all the tenders submitted to him. (3) The municipal council may, subject to the provisions of section 72, authorise the Municipal Commissioner, for reasons which shall be recorded in its proceedings, to enter into a contract without inviting tenders as herein provided or without accepting any tender which he may receive after having invited them.

Karnataka Municipal Corporations Act, 1976 Section 183

Title: Invitation of Tenders

State: Karnataka

Year: 1976

(1) At least seven days before entering into any contract or the execution of any work or the supply of any materials or goods which will involve and expenditure exceeding 1 [ten thousand] rupees, the Commissioner shall give notice by advertisment inviting tenders for such contract: Provided that such advertisment shall be published only in such newspapers having such circulation as may be prescribed: Provided further that the standing committee may, at the instance of the Commissioner and for reasons which shall be recorded in its proceedings, authorise the Commissioner to enter into a contract without inviting tenders. (2) On receipt of the tenders made in pursuance of the notice given under sub-section (1), the Commissioner may, subject to the provisions of section 182, accept any tender which appears to him, upon a view of all the circumstances, to be the most advantageous, but he shall not reject all the tenders without the sanction of the standing committee. _______________________ 1. Substituted by Act 32 of 1986 w.e.f. 17-6-1986.

Karnataka Transparency in Public Procurements Act, 1999 Section 12

Title: Duties of Tender Inviting Authority

State: Karnataka

Year: 1999

.....bulletin Officerconcerned immediately after issue of the notice; (c) to cause publication ofnotice inviting tenders in the prescribed manner; and (d) to supply the Schedule ofRates and Tender Documents to every intending tenderer who has applied to getsuch documents. (2) The Tender InvitingAuthority shall take out notices, communications and publications required tobe taken out under this section in such form, in such manner, by such mode andat such time and interval as may be prescribed and different manner and mode ofpublication may be prescribed for different procurements depending on the valueof the procurement. (3) The Tender InvitingAuthority shall collect all the details received in response to the noticeinviting tender, within the time stipulated and unless it is itself authorisedto open the tender shall compile and forward all the tenders received to theAuthority or Officer authorised to open the tenders.

Chit Funds Act, 1982 Section 5

Title: Prohibition of Invitation for Subscription Except Under Certain Conditions

State: Central

Year: 1982

No person shall issue or cause to be issued any notice, circular, prospectus, proposal or other document inviting the public to subscribe for tickets in any chit unless such notice, circular, prospectus, proposal or document contains a statement that the previous sanction required under section 4 has been obtained and the particulars of such sanction.

Karnataka Transparency in Public Procurements Act, 1999 Section 9

Title: Tender Inviting Authority and Tender Accepting Authority

State: Karnataka

Year: 1999

(1) The Procurement Entity may, by order, appoint, - (i) one or more of officers or a Committee of Officers to be the Tender Inviting Authority for any specified area, specified procurement or specified class of goods or services, and (ii) one or more of officers or a Committee of Officers to be the Tender Accepting Authority for any specified area or Specified Procurement, specified class of goods and services: Provided that where a multi-member Committee is already appointed for any Procurement Entity for discharging the function of accepting tenders, such Committee shall be deemed to be a Tender Accepting Authority appointed under this Act.

Companies Act, 1956 Complete Act

State: Central

Year: 1956

.....the same activity as that carried on by the head office of the company; or (c) any establishment engaged in any production, processing or manufacture, but does not include any establishment specified in any order made by the Central Government under (section 8);] (10) "company" means a company as defined in (section 3); [(10A) "Company Law Board" means the Board of Company Law Administration constituted under (section 10E);] [(11) "the Court" means,- (a) with respect to any matter relating to a company (other than any offence against this Act), the Court having jurisdiction under this Act with respect to that matter relating to that company, as provided in (section 10) ; (b) with respect to any offence against this Act, the Court of a Magistrate of the First Class or, as the case may be, a Presidency Magistrate, having jurisdiction to try such offence ;] (12) "debenture" includes debenture stock, bonds and any other securities of a company, whether constituting a charge on the assets of the company or not; [(12A) "depository" has the same meaning as in the (Depositories Act, 1996) (22 of 1996); (12B) "derivative" has the same meaning as in clause (aa) of (S.2.....

Companies Act, 1956 Part 3

Title: Prospectus and Allotment, and Other Matters Relating to Issue of Shares or Debentures

State: Central

Year: 1956

.....disclosed, he proves that he had no knowledge thereof; or (b) he proves that the non-compliance or contravention arose from an honest mistake of fact on his part; or (c) the non-compliance or contravention was in respect of matters which, in the opinion of the Court dealing with the case4[were immaterial] or was otherwise such as ought, in the opinion of that court, having regard to all the circumstances of the case, reasonably to be excused: Provided that no director or other person shall incur any liability in respect of the failure to include in a prospectus a statement with respect to the matters specified in clause 18 of Schedule II, unless it is proved that he had knowledge of the matters not disclosed. (5) This section shall not apply - (a) to the issue to existing members or debenture-holders of a company of a prospectus or form of application relating to shares in or debentures of the company whether an applicant for shares or debentures will or will not have the right to renounce in favour of other persons; or (b) to the issue of a prospectus or form of application relating to shares or debentures which are, or are to be, in all respects uniform with.....

The Guru Nanak Dev University, Amritsar Act, 1969 Complete Act

State: Punjab

Year: 1969

.....(17) To create administrative, ministerial and other necessary posts and to make appointments thereto. (18) To receive gifts, donations or benefaction from Government and to receive bequests, donations and transfers of movable or immovable property from testators, donors or transferors as the case may be. (19) To frame Statutes, Ordinances or Regulations for all or any of the aforesaid purpose; and to alter, modify or rescind the same. And (20) To do all such other acts whether incidental to the power s aforesaid or not as may be requisite in order to further the objects of the University. Territorial exercise of powers 5. (1) The State Government may, by notification, specify the limits of the area in which the University shall exercise its power and perform its duties. (2) Notwithstanding anything contained in any other law for the time being in force, no educational institution beyond the limits of the area specified under sub-section (1) shall be associated with or admitted to any privileges of the University. (3) Notwithstanding anything contained in any other law for the time being in force, any educational institution situated within the limits of the area specified.....