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Start Free TrialKarnataka Protection Oe Interest of Depositors in Financial Establishments Act, 2004 Chapter IV
Title: Chapter Iv
State: Karnataka
Year: 2004
.....for such area or areas or for such class or classes of cases. (2) No Court including the Court constituted under the Presidency Towns Insolvency Act, 1909 (Act 3 of 1909) and the Provincial Insolvency Act, 1920 (Act 5 of 1920) other than the Special Court shall have jurisdiction in respect of any mailer to which the provisions of this Act is invoked. (3) Any pending case in any other Court in respect of which the provisions of this Act invoked, shall stand transferred to the Designated Courts from the date of notification issued under sub-section (1). Section 11 - Powers of the Special Court regarding realisation of assets and payment to depositors (1) The Special Court shall have all the powers for giving effect to the provisions of this Act. (2) Without prejudice to the generality of sub-section (1), the Special Court may.-- (a) give any direction to the Competent Authority as it deems fit, for effective implementation of the provisions of this Act; (b) approve the statement of dues of the financial establishment due from various debtors, assessment of the value of the assets of the financial establishment, finalise the list of the depositors and their.....
View Complete Act List Judgments citing this sectionKarnataka Protection Oe Interest of Depositors in Financial Establishments Act, 2004 Section 12
Title: Powers of Special Court Regarding Attachment
State: Karnataka
Year: 2004
.....unless it is also satisfied that there will remain under attachment an amount or property of value not less than the value that is required for repayment to the depositors of such financial establishment. (7) Where the Special Court passes an order under sub-section (6), making the order of attachment absolute or varying the order of attachment by releasing a portion of the property from attachment it may, issue such direction as may be necessary for realisation of the assets attached and for the equitable distribution amongst the depositors of the money realised from and out of the assets so attached. (8) Where an application is made by any person duly authorised or constituted or specified by any other State Government under similar enactment empowering him to exercise control over any money or property or assets attached by that State Government, the Special Court shall exercise all its powers, as if, such an application were made under this Act and pass appropriate order or direction on such application so as to give effect to the provisions of such enactment.
View Complete Act List Judgments citing this sectionKarnataka Protection Oe Interest of Depositors in Financial Establishments Act, 2004 Section 15
Title: Administration of Property Attached
State: Karnataka
Year: 2004
The Special Court may, on the application of any person interested in any properly attached and vested in the Competent Authority under this Act, and after giving the Competent Authority an opportunity of being heard, make such orders as the Special Court considers just and reasonable for: (a) providing from such of the property attached and vested in the Competent Authority as the applicant claims an interest, in such sums as may be reasonably necessary for the maintenance of the applicant and of his family, and for expenses connected with the defence of the applicant where criminal proceedings have been instituted against him in the Special Court; (b) safeguarding so far as may be practicable the interest of any business affected by the attachment and in particular, the interest of any partners in such business; (c) discharging in the prescribed manner, out of the properly so attached, any liability, statutory or otherwise, accruing to a financial establishment or a person emanating out of the proceeding before the Special Court.
View Complete Act List Judgments citing this sectionThe Kerala Finance Act, 2004 [1] Complete Act
State: Kerala
Year: 2004
..... 50 5. Dyeing and textile printing contract 50 6. Photography and Printing contract 30 7. Sculptural contracts or contracts relating to arts 70 8. Refrigeration, air conditioning or other machinery,rolling shutters, cranes, installation contract 15 9. All other contract 30"; in section -7, ( i ) in sub-section (1)," (a) for clause (a) and the Explanation the following clause and explanation shall be substituted, namely:" "(a) Any dealer in gold or silver ornaments or wares, may at his option instead of paying tax in accordance with the provisions of that sub section, pay tax at one hundred and thirty per cent of the tax payable by him as conceded in the return or accounts or the tax paid for the previous consecutive three years whichever is higher. Explanation:-- Forthe purpose of this clause "tax payable as conceded in the return or accounts for the previous consecutive three years means tax payable on the sales turnover under sub-section (1) of section 5 and the tax payable on the purchase turnover under section 5A." (b) after clause (a), the following clause shall be.....
List Judgments citing this sectionThe Mizoram (Taxes on Land, Buildings and Assessment of Revenue) Act, 2004 Complete Act
State: Mizoram
Year: 2004
.....this Act;. (d) "competent authority", means any officer appointed or designated by the Government for any purposes under the provisions of this Act; (e) "farm" means a tract of land forming a single property and devoted to the cultivation of land and growing of agricultural and horticultural crops including trees & bambooes, raising livestock or beastor aquatic animal and production of dairies and allied activities; (f) "Government" means the Government of Mizoram; (g) "land" means all lands either vacant or occupied. It shall also include benefits to arise out of land and things attached to the earth or permanently fastened to anything attached to the earth or other defined portions thereof, but shall exclude minerals, mineral oil, natural gas and petroleum; (h) "mutation" means the process of change or alteration or substitution of the name of the previous land owner into the name of the new land owner; (i) "non-agricultural land" means land other than the land used exclusively for the purpose of agriculture; (j) "official Gazette" means the Mizoram Government Gazette; (k) "owner" means and includes any person for the time being receiving or entitled to.....
List Judgments citing this sectionThe Orissa Rural Infrastructure & Socioeconomic Development Act, 2004 Complete Act
State: Orissa
Year: 2004
.....of section 6 or the appellate authority in respect of anything which is in good faith done or intended to be done in pursuance of provisions of this Act or rules or order made thereunder. Power to make rules. 11 . (1) The State Government may, by notification, make rules for carrying out the purposes of this Act. (2) In particular, and without prejudice to the generality of the foregoing powers, such rules may provide for all or any of the following matters, namely:- (a) in the matter of determination of annual value of mineral bearing land under clause (a) of section 2; (b) appointment and manner of appointment of appellate authority under clause (b) of section 2; (c) determination of tax under proviso to sub-section (2) of section 3 in respect of mineral bearing land in which mineral has not been produced; (d) appointment of Committee under sub-section (3) of section 3; (e) submission of returns and other relevant information as may be necessary for the purposes of sub-section (1) of Section 4; (f) payment of tax where a person holds mineral bearing land for more than one mineral under proviso to sub-section (1) of section 4; (g) assessment of tax by the.....
List Judgments citing this sectionPunjab Govt. Gazette (Extra) Act, 26, 2004 Complete Act
State: Punjab
Year: 2004
.....encroachment and may use all the powers conferred on an Executive Magistrate under the Punjab Public Premises and Land (Eviction and Rent Recovery) Act, 1973 (Punjab Act, No. 31 of 1973). 66-B. (1) Whoever abets any offence punishable under this Act, shall if the offence abetted is committed in consequence of such abetment, be punished with the same punishment as is provided under this Act for the commission of such offence. (2) Whoever abets any offence punishable under this Act, shall if the offence abetted is not committed in consequence of such abetment, be punished with half of the punishment provided for the commission of such offence under this Act," 10. In the principal Act, for section 67, the following section shall be substituted, namely:- Substitution of section 67 of Central Act 16 of 1927 67. The Chief Judicial Magistrate or any other Judicial Magistrate of the First class specially empowered in this behalf by the High Court, a my try summarily, under the Code of Criminal procedure, 1973, any forest offence punishable with imprisonment for a term, not exceeding two years or with fine, not exceeding five thousand rupees or with both and the provisions of.....
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