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Start Free TrialState Bank of India (Subsidiary Banks) Act, 1959 Complete Act
State: Central
Year: 1959
.....in consultation with the Reserve Bank, and shall be offered by it to all those to whom compensation is payable under subsection (1) in full satisfaction thereof. (3) If the amount of compensation offered by the State Bank in terms of sub-section (2) is not acceptable to any shareholder of an existing bank, such shareholder may before such date as may be notified by the Central Government in the Official Gazette, request the Central Government, in writing to have the matter referred to the Tribunal. (4) If, before the date notified under sub-section (3), the Central Government receives request, in terms of that sub-section, from not less than one-fourth in number of the shareholders, holding not less than one-fourth in value of the paid-up share capital of the existing bank, the Central Government shall have the matter referred to the Tribunal for decision. (5) If, before the date notified under sub-section (3). the Central Government does not receive requests as provided in that sub-section, the amount of compensation offered by the State Bank, and where a reference has been made to the Tribunal, the amount determined by it, shall be the compensation payable under sub-sec......
List Judgments citing this sectionThe Mizoram District (Land and Revenue) Amendment Act, 1975 Complete Act
State: Mizoram
Year: 1975
.....half a bigha but not exceeding one Bigha shall be assessed to one bigha, and an area exceeding one bigha but not exceeding one and half bigha shall be assessed to one and half bigha and an area exceeding one and half bigha but not exceeding two bighas shall be assessed to two bighas and so on. (2) The Administrator of Mizoram shall, from time to time, classify the lands within the town areas into such grades as may be considered appropriate and fix the rates of revenue for each grade under sub-section (1) of section 15. (3) Exemption from payment of house tax: Payment of the land revenue under sub-section (1) shall exempt a person from payment of house tax as prescribed in the Lushai Hills District (Revenue Assessment) Regulation, 1953, if the house is situated within the land for which he pays the land revenue".
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