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Capital Issues (Control) Act, 1947 [Repealed] Repealing Act 1

Title: Capital Issues (Control) Repeal Act, 1992

State: Central

Year: 1947

CAPITAL ISSUES (CONTROL) REPEAL ACT ,1992 [Act, No. 26 of 1992] [18th August , 1992] PREAMBLE An Act to repeal the Capital Issues (Control) Act, 1947. BE it enacted by Parliament in the Forty-third Year of the Republic of India as follows: 1. Short title and commencement (1) This Act may be called the Capital Issues (Control) Repeal Act, 1992. (2) It shall be deemed to have come into force on the 29th day of May, 1992. 2. Definition In this Act, "appointed day" means the 29th day of May, 1992. 3. Repeal of Act 29 of 1947 On the appointed day, the Capital Issues (Control) Act, 1947 shall stand repealed. 4. Repeal and saving (1) Capital Issues (Control) Repeal Ordinance, 1992 (Ord.9 of 1992) is hereby repealed. (2) Notwithstanding such repeal, anything done or any action taken under the Ordinance so repealed shall be deemed to have been done or taken under this Act

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Capital Issues (Control) Act, 1947 [Repealed] Section 3

Title: Control over Issues of Capital

State: Central

Year: 1947

.....the consent or recognition accorded under any of the provisions of this section: or (b) Where such consent or recognition has been qualified with any conditions, vary all or any of those conditions: Provided that before an order under this sub-section is made the company concerned shall be given a reasonable opportunity of showing cause why such order should not be made (7) Where an order has been made under sub-section (6), the Central Government shall, upon the request of the company concerned, communicate to it in writing the reasons for such order.] _______________________ 1. Inserted by the Capital Issues (Control) Amendment Act (Act 50 of 1957) w.e.f 21.12.1957.

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Capital Issues (Control) Act, 1947 [Repealed] Preamble 1

Title: Capital Issues (Control) Act, 1947

State: Central

Year: 1947

CAPITAL ISSUES (CONTROL) ACT, 1947 [Act, No. 29 of 1947] [18th April, 1947] PREAMBLE An Act to provide for control over issues of capital. WHEREAS it is expedient to provide for control over issues of capital. IT is hereby enacted as follows:

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Capital Issues (Control) Act, 1947 [Repealed] Complete Act

Title: Capital Issues (Control) Act, 1947 [Repealed]

State: Central

Year: 1947

Preamble1 - CAPITAL ISSUES (CONTROL) ACT, 1947 Section1 - Short title, extent and duration Section2 - Definitions of interpretation Section3 - Control over issues of capital Section4 - Control of advertisement of offers of securities for subscription etc. Section5 - Purchase and sale of securities Section6 - Power to exempt and to condone contraventions Section7 - Power to call for information Section8 - False statement Section9 - Prohibition against disclosing Information Section10 - Power to delegate function Section11 - Committee to advise Government Section12 - Power to make rules Section13 - Penalties Section14 - Burden of proof in certain cases Section15 - Protection of action taken under Act Section16 - Continuance of existing orders and savings Repealing Act1 - CAPITAL ISSUES (CONTROL) REPEAL ACT, 1992

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Capital Issues (Control) Repeal Act ,1992 Preamble 1

Title: Capital Issues (Control) Repeal Act ,1992

State: Central

Year: 1992

CAPITAL ISSUES (CONTROL) REPEAL ACT ,1992 [Act, No. 26 of 1992] [18th August , 1992] PREAMBLE An Act to repeal the Capital Issues (Control) Act, 1947. BE it enacted by Parliament in the Forty-third Year of the Republic of India as follows:

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Capital Issues (Control) Repeal Act ,1992 Complete Act

Title: Capital Issues (Control) Repeal Act ,1992

State: Central

Year: 1992

Preamble1 - CAPITAL ISSUES (CONTROL) REPEAL ACT ,1992 Section1 - Short title and commencement Section2 - Definition Section3 - Repeal of Act 29 of 1947 Section4 - Repeal and saving

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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.....

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Capital Issues (Control) Act, 1947 Complete Act

State: Central

Year: 1947

.....addresses, if different. 6. Present Business.-Describe fully the company's present or proposed lines of business according to the location of its factories. (Mere reference to the objective stated in the Memorandum of Association will not be acceptable). 7. Previous Applications.-Give particulars under the headings as detailed below as separate annexure of any application previously made to the Government of India since 17th May, 1943 or to the Government of any former State in this connection by or on behalf of the same parties. (a) Date of application. (b) Number and date of consent order. (c) Amount of consent showing separately the amount consented against each security, namely, equity shares, preference shares, debentures, bonus shares, loans, etc. (d) Indicate the capital subscribed and paid-up against each consent (e) If refused, number and date of refusal. 8. Whether the company is covered by Part A of Chapter III of the Monopolies and Restrictive Trade Practices Act, 1969, if so- (a) Whether the company has got itself registered in terms ofSec. 26of the said Act? (b) Whether the purpose for which the capital is proposed to be raised comes within the purview of Secs......

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Code of Civil Procedure, 1908 Rule 1 to 7

Title: Settlement of Issues and Determination of Suit on Issues of Law or on Issues Agreed Upon

State: Central

Year: 1908

.....proposition of fact or law is affirmed by the one party and denied by the other. (2) Material propositions are those propositions of law or fact which a plaintiff must allege in order to show a right to sue or a defendant must allege in order to constitute his defence. (3) Each material proposition affirmed by one party and denied by the other shall form the subject of a distinct issue. (4) issues are of two kinds: (a) issues of fact, (b) issues of law. (5) At the first hearing of the suit the Court shall, after reading the plaint and the written statements, if any, and 1 [after examination under rule 2 of Order X and after hearing the parties or their pleaders], ascertain upon what material propositions of fact or of law the parties are at variance, and shall thereupon proceed to frame and record the issues on which the right decision of the case appears to depend. (6) Nothing in this rule requires the Court to frame and record issues where the defendant at the first hearing of the suit makes no defence. 2 [2. Court to pronounce judgment on all issues (1) Notwithstanding that a case may be disposed of on a preliminary issue, the Court shall, subject to.....

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State Bank of India Subsidiary Banks Act, 1959 Section 7

Title: Issued Capital of New Banks

State: Central

Year: 1959

.....A new bank may accept the money in respect of shares issued towards increase in issued capital in instalments, make calls and forfeit unpaid shares and re-issue them, in the manner as may be prescribed.] ____________________________ 1. Inserted by the State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 (Act No. 30 of 2007). 2. Substituted for the following by the State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 (Act No. 30 of 2007) "(4) Without prejudice to the provision contained in sub-section (3) a new bank may, with the approval of the State Bank and the Reserve Bank, increase from time to time, its issued capital and the capital so increased shall consist of fully paid-up shares to be issued in such manner as the State Bank may, with the approval of the Reserve Bank, direct. (5) No increase or reduction in the issued capital of a new bank shall be made in such a manner that the State Bank holds at any time less than fifty-five per cent of the issued capital of that bank"

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