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West Bengal Premises Tenancy Act, 1997 Complete Act

State: West Bengal

Year: 1997

.....where the lease with due consent of the tenant has been registered under the Registration Act, 1908 (16 of 1908), after the commencement of this Act, and the fact of such consent has been recorded in the instrument so registered;] (d) any premises rented to a foreign mission or international agency; (e) any premises let out for residential purpose, not being a premises within the purview of clause (c) which carries more than (i) 22. Subs. by sec. 3(2)(a) Ibid, w.r.e.f. 10.7.2001, for "two thousand rupees". [six thousand and five hundred rupees] as monthly rent in the areas included within the limits of the Calcutta Municipal Corporation or the Howrah Municipal Corporation, or (ii) 33. Subs. by sec. 3(2)(b), ibid, w.r.e.f. 10.7.2001, for "One thousand rupees". [three thousand rupees] as monthly rent in other areas to which this Act extends; (f) any premises let out for non-residential purpose, which carries more than (i) 44. Subs. by sec. 3(3)(a), ibid, w.r.e.f. 10.7.2001, for "three thousand rupees". [ten thousand rupees] as monthly rent in the areas included within the limits of the Calcutta Municipal Corporation or the Howrah Municipal Corporation, or (ii) 55. Subs. by.....

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The Pepsu Tenancy and Agricultural Lands (Amendment) Act, 1997 Complete Act

State: Punjab

Year: 1997

.....would Indicate his intention to stay outside India for an uncertain period." Amendment of section 7 of Pepsu Act 13 of 1955. 3. In the Principal Act, in section 7, in sub-section (1), for the words "No tenancy", the words "No tenancy other than a tenancy of the land owner who is a member of the Armed Forces of the Union or a Non-Resident India" shall be substituted. Amendment of section 7-A of Pepsu Act 13 of 1955. 4. In the Principal Act, in section 7-A, in sub-section (1), in the proviso, for the words "member of the Armed Forces of the Union" the words "member of the Armed Forces of the Union or a Non-Resident Indian" shall be substituted. 5. In the Principal Act, after section 7-A, the following section shall be inserted, namely :- Insertion of new section 7-B in Pepsu Act 13 of 1955 One time concession. "7-B. The concession given under sections7 and 7-A to the land owner who is a Non-Resident Indian shall be one time and shall be available only in respect of the land acquired, or held by him before the commencement of the Pepsu Tenancy and Agricultural Lands (Amendment) Act, 1997." Amendment of section 32-J of Pepsu Act 13 of 1955. 6. In the Principal.....

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Karnataka Souharda Sahakari Act, 1997 Section 3

Title: Registrar, Additional Registrars, Joint Registrars, Deputy Registrars and Assistant Registrars

State: Karnataka

Year: 1997

(1) The Government may appoint an officer of the Government to be the Registrar of Co--operatives for the State. (2) The Government may also appoint as many officers of the Government as Additional Registrars, Joint Registrars, Deputy Registrars and Assistant Registrars of Co--operatives as it thinks fit for assisting the Registrar. (3) The Government may, by general or special order, confer all or any of the powers of the Registrar under this Act on the Additional Registrar, Joint Registrar, Deputy Registrar or Assistant Registrar of Co--operatives.

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Finance Act, 1997 Complete Act

State: Central

Year: 1997

.....actually paid and the subsequent previous year or years during which the licence, for which the fee is paid, shall be in force; (ii) 'appropriate fraction' means the fraction the numerator of which is one and the denominator of which is the total number of the relevant previous years; (iii) 'payment has actually been made' means the actual payment of expenditure irrespective of the previous year in which the liability for the expenditure was incurred according to the method of accounting regularly employed by the assessee. (2) Where the licence is transferred and the proceeds of the transfer (so far as they consist of capital sums) are less than the expenditure incurred remaining unallowed, a deduction equal to such expenditure remaining unallowed, as reduced by the proceeds of the transfer, shall be allowed in respect of the previous year in which the licence is transferred. (3) Where the whole or any part of the licence is transferred and the proceeds of the transfer (so far as they consist of capital sums) exceed the amount of the expenditure incurred remaining unallowed, so much of the excess as does not exceed the difference between the expenditure incurred to obtain the.....

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Karnataka Souharda Sahakari Act, 1997 Chapter I

Title: Preliminary

State: Karnataka

Year: 1997

.....share capital of a Co-operative before its registration and includes a person admitted to membership after such registration in accordance with the Act, rules and the bye-laws1[and includes a nominal and an associate member]; "(rr) "National Bank"- means the National Bank for Agriculture and Rural Development constituted under section 3 of the National Bank for Agriculture and Rural Development Act, 1981 (Central Act 61 of 1981);" (s) "Officer Bearer" means the President or Chairperson, Vice President or Vice Chairperson, Administrator, Liquidator and includes a member of the board or any other person not being an employee empowered to exercise the powers of an office bearer in accordance with the bye-laws; (t) "Primary Co-operative" means a Co-operative whose membership is not open to another Co-operative; (u) "Registrar" means an Officer of the Government appointed under section 3 to perform the functions of the Registrar of Co-operatives and includes Additional Registrars of Co-operatives, Joint Registrars of Co-operatives, Deputy Registrars of Co-operatives and Assistant Registrars of Co-operatives appointed to assist the Registrar while exercising all or any of the.....

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Industrial Reconstruction Bank (Transfer of Undertakings and Repeal) Act, 1997 Section 4

Title: General Effect of Vesting of Undertaking in Company

State: Central

Year: 1997

.....the Reconstruction Bank have vested by virtue of this Act and enforceable as fully and effectually as if instead of the Reconstruction Bank, the Company had been named therein or had been a party thereto. (4) Any proceeding or cause of action pending or existing immediately before the appointed day by or against the Reconstruction Bank in relation to its undertakings may, as from the appointed day, be continued and enforced by or against the Company in which the undertakings of the Reconstruction Bank have vested by virtue of this Act as it might have been enforced by or against the Reconstruction Bank if this Act had not been enacted and shall cease to be enforceable by or against the Reconstruction Bank.

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Industrial Reconstruction Bank (Transfer of Undertakings and Repeal) Act, 1997 Complete Act

State: Central

Year: 1997

.....Trusts Act, 1882 (2 of 1882), the Insurance Act, 1938 (4 of 1938)-and the Banking Regulation Act, 1949 (10 of 1949)- SECTION 12: SUBSTITUTION IN ACTS, RULES OR REGULATIONS OF COMPANY IN PLACE OF THE RECONSTRUCTION BANK -In every Act, rule or regulation in force on the appointed day,- (a) for the words "Industrial Reconstruction Bank of India", wherever they occur, the words "Industrial Investment Bank of India Limited" shall be substituted, (b) for the words "Reconstruction Bank", wherever they occur, the words "Industrial Investment Bank" shall be substituted. SECTION 13: REPEAL AND SAVING OF ACT 62 OF 1984 - (1) On the appointed day, the Industrial Reconstruction Bank of India Act, 1984-shall stand repealed. (2) Notwithstanding the repeal of the Industrial Reconstruction Bank of India Act, 1984-- (a) the Company shall, so far as may be, comply with the provisions of Chapter VII of the Act so repealed for any of the purposes related to the annual accounts and audit of the Reconstruction Bank; (b) the provisions of Chapter VIII of the Act so repealed will continue to be applicable in respect of the arrangements entered into by the Reconstruction Bank with an industrial.....

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Industrial Reconstruction Bank (Transfer of Undertakings and Repeal) Act, 1997 Chapter II

Title: Transfer and Vesting of the Undertaking of Reconstruction Bank in Company

State: Central

Year: 1997

.....of the Reconstruction Bank have vested by virtue of this Act as it might have been enforced by or against the Reconstruction Bank if this Act had not been enacted and shall cease to be enforceable by or against the Reconstruction Bank. Section 5 - Provisions in respect of officers and other employees of Reconstruction Bank (1) Every officer or other employee of the Reconstruction Bank (except a Director of the Board or the Chairman and Managing Director) serving in the employment immediately before the appointed day shall, in so far as such officer or other employee is employed in connection with the undertakings which have vested in the Company by virtue of this Act, become, as from the appointed day, an officer or, as the case may be, other employee of the Company and shall hold his office or service therein by the same tenure, at the same remuneration, upon the same terms and conditions, with the same obligations and with the same rights and privileges as to leave, leave fare concession, welfare scheme, medical benefit scheme, insurance, provident fund, other funds, retirement, voluntary retirement, gratuity and other benefits as he would have held under the.....

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Finance Act 1997 Section 42

Title: Amendment of Section 139

State: Central

Year: 1997

In section 139 of the Income-tax Act, in sub-section (1), - (i) the following proviso shall be inserted, namely :- "Provided that a person, not furnishing return under this sub-section and residing in such area as may be specified by the Board in this behalf by a notification in the Official Gazette, and who at any time during the previous year fulfils any two of the following conditions, namely :- (i) is in occupation of an immovable property exceeding a specified floor area, whether by way of ownership, tenancy or otherwise, as may be specified by the Board in this behalf; or (ii) is the owner or the lessee of motor vehicle; or (iii) is a subscriber to a telephone; or (iv) has incurred expenditure for himself or any other person on travel to any foreign country, shall furnish a return, of his income during the previous year, on or before the due date in the prescribed form and verified in the prescribed manner and setting forth such other particulars as may be prescribed."; (ii) after Explanation 2, the following Explanation shall be inserted, namely :- 'Explanation 3. - For the purposes of this sub-section, the expression "motor vehicle" shall have the.....

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Finance Act 1997 Chapter III

Title: Direct Taxes

State: Central

Year: 1997

.....of a recognised stock exchange" means the membership of a stock exchange in India which is recognised under the provisions of the Securities Contract (Regulation) Act, 1956 (42 of 1956); (xii) any transfer of a capital asset, being land of sick industrial company, made under a scheme prepared and sanctioned under section 18 of the Sick Industrial Companies (Special Provisions) Act, 1985 (1 of 1986), where such sick industrial company is being managed by its workers' co-operative : Provided that such transfer is made during the period commencing from the previous year in which the said company has become a sick industrial company under sub-section (1) of section 17 of that Act and ending with the previous year during which the entire net worth of such company becomes equal to or exceeds the accumulated losses. Explanation. - For the purposes of this clause, "net worth" shall have the meaning assigned to it in clause (ga) of sub-section (1) of section 3 of the Sick Industrial Companies (Special Provisions) Act, 1985 (1 of 1986).'. Section 17 - Amendment Of Section 47A Section 47A of the Income-tax Act shall be renumbered as sub-section (1) thereof and after sub-section.....

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