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Start Free TrialKarnataka Housing Board Act, 1962 Chapter VIII
Title: Labour Housing
State: Karnataka
Year: 1962
.....means any person who is employed for hire or reward to do any work skilled or unskilled, manual or clerical, in any factory as defined in the Factories Act, 1948, or in any mine as defined in the Mines Act, 1952, or in any textile mill, or in any iron and steel works, or in any tobacco manufactory; and also includes any person declared by notification by the State Government to be an employee for the purposes of this Chapter; (b) 'employer' means any person who employs whether directly or through another person, or whether on behalf of himself or any other person, one or more employees, and includes,-- (i) in a factory, the owner or occupier of the factory and includes the managing agent of such owner or occupier, the legal representative of a deceased owner or occupier and where a person has been named as a manager of the factory under clause (f) of sub-section (1) of section 7 of the Factories Act, 1948, the person so named; (ii) in any employment under any local authority, the person appointed by such authority for the supervision and control of employees or where no person is appointed, the chief executive officer of the local authority; (iii) in any other.....
View Complete Act List Judgments citing this sectionKarnataka Housing Board Act, 1962 Section 60
Title: Housing Accommodation to Be in Good Habitable Condition
State: Karnataka
Year: 1962
.....for review, as the case may be, has been finally determined. (b) The State Government may, on such appeal or application for review, make an order either confirming or quashing or varying the notice, and such order of the State Government shall be final and conclusive. (4) If a notice served on the Board under sub-section (1) is not complied with, then, after the expiration of the time specified in the notice or, if an appeal or an application for review has been made against the notice and upon that appeal or application for review the notice has been confirmed with or without variation, after the expiration of twenty-one days from the final determination of the appeal or application for review, or of such longer period as the State Government, in determining the appeal or application for review, may fix, the State Government or the local authority or the court, as the case may be, may itself cause the work required by the notice, or by the notice as varied by the State Government, to be done. (5) Any expenses incurred by the State Government or a local authority or a court under sub-section (4), together with interest at six percent per annum, from the date when a.....
View Complete Act List Judgments citing this sectionNational Housing Bank Act, 1987 Chapter V
Title: Provision Relating to Housing Finance Institutions Receiving Deposits
State: Central
Year: 1987
In this Chapter the term 'deposit' shall have the meaning assigned to it in section 45-I of the Reserve Bank of India Act, 1934. Section 29 - Chapter not to apply in certain cases (1) The provisions of this Chapter shall not apply to deposits accepted by a housing finance institution which is a firm or an unincorporated association of individuals. (2) For the removal of doubts, it is hereby declared that the firms and unincorporated associations of individuals referred to in sub-section (1) shall continue to be governed by the provisions of Chapter III C of the Reserve Bank of India Act, 1934. Section 29A - Requirement of registration and net owned fund 1[29A. Requirement of registration and net owned fund (1) Notwithstanding anything contained in this Chapter or in any other law for the time being in force, no housing finance institution which is a company shall commence or carry on the business of a housing finance institution without- (a) obtaining a certificate of registration issued under this Chapter; and (b) having the net owned fund of twenty-five lakh rupees or such other higher amount, as the National Housing Bank may, by notification, specify. (2).....
View Complete Act List Judgments citing this sectionCantonments (House-accommodation) Act, 1923 Chapter III
Title: Appropriation of Houses
State: Central
Year: 1923
.....Certain words repealed by Act 9 of 1930, Section 4. 3. Substituted for the words "the Government" by A.L.O., 1937. 4. Inserted by Act 9 of 1930, Section 4. Section 8 - Procedure to be observed before taking a house on lease [Repealed by the Cantonments (House-Accommodation Amendment) Act, 1930 (9 of 1930), Section 5.] Section 9 - Sanction to be obtained before a house is occupied as a hospital, etc. No house in any cantonment or part of a cantonment in which this Act is operative shall, unless it was so occupied at the date of the issue of the notification declaring this Act or the Cantonments (House-Accommodation) Act, 1902, as the case may be, to be operative, be occupied for the purposes of a hospital, school, school hostel, bank, hotel or shop or by a railway administration, a company or firm engaged in trade or business or a club, without the previous sanction of the Officer Commanding the District given with the concurrence of the Commissioner or, in a 1 [State] where there are no Commissioners, of the Collector. ________________________ 1. Substituted for the word "Province", by A.L.O., 1950. Section 10 - Houses not to be appropriated in certain cases .....
View Complete Act List Judgments citing this sectionNational Housing Bank Act, 1987 Chapter III
Title: Business of the National Housing Bank
State: Central
Year: 1987
.....of its overall functions; (n) exercising all powers and functions in the performance of duties entrusted to the National Housing Bank under this Act or under any other law for the time being in force; (o) acting as agent of the Central Government, the State Government or the Reserve Bank or of any authority as may be authorised by the Reserve Bank; (p) any other kind of business which the Central Government may on the recommendation of the Reserve Bank, authorise; (q) generally, doing of all such matters and things as may be incidental to or consequential upon the exercise of its powers of the discharge of its duties under this Act. ________________________ 1. "Clause (b)" Substituted by National Housing Bank (Amendment) Act, 2000 (15 of 2000). Prior to substitution it read as under : "(b) making of loans and advances or rendering any other form -of financial assistance whatsoever to housing finance institutions and scheduled banks, 1 [or to any authority established by or under any Central, State or Provincial Act and engaged in slum clearance];" 2. Inserted by National Housing Bank (Amendment) Act, 2000 (15 of 2000) 3. Substituted by National Housing Bank.....
View Complete Act List Judgments citing this sectionNational Housing Bank Act, 1987 Complete Act
Title: National Housing Bank Act, 1987
State: Central
Year: 1987
.....commencement Section2 - Definitions Chapter II Section3 - Establishment and incorporation of National Housing Bank Section4 - Capital Chapter II Section5 - Management Section6 - Board of Directors Section7 - Terms of office of Chairman, Managing Director and other directors, service conditions, etc. Section8 - Disqualifications Section9 - Vacation and resignation of office by directors Section10 - Casual vacancy in the office of Chairman or Managing Director Section11 - Meetings of Board Section12 - Executive Committee and other committees Section13 - Director of Board or member of committee thereof not to participate in meetings in certain cases Chapter III Section14 - Business of the National Housing Bank Section15 - Borrowings and acceptance of deposits by National Housing Bank Section16 - Loans in foreign currency Section16A - Assistance to borrower when to operate or a charge in the property offered as security Section16B - Amount and security to be held in trust Section17 - Power to transfer rights Section18 - Power to acquire rights Section18A - Exemption from registration Section18B - Recovery of dues as arrears of land revenue Section19 - Power to.....
List Judgments citing this sectionNational Housing Bank Act, 1987 Chapter II
Title: Management of the National Housing Bank
State: Central
Year: 1987
.....his term, continue to hold office until his successor enters upon his office. (2) The director referred to in1[clauses (b), (c) and (ca)] of sub-section (1) of section 6 shall hold office for a term of three years: 2[***] (3) The Central Government may, in consultation with the Reserve Bank remove the Chairman or the Managing Director, or any other director referred to in sub-section (2) at any time before the expiry of his terms of office after giving him a reasonable opportunity of showing cause against the proposed removal. (4) Notwithstanding anything contained in sub-sections (1) and (3) the Central Government, in consultation with the Reserve Bank, shall have the right to terminate the term of office of the Chairman or, as the case may be, the Managing Director, at any time before the expiry of the term specified under sub-section (1) by giving him notice of not less than three months in writing or three months salary and allowances in lieu thereof and the Chairman or the Managing Director, as the case may be, shall also have the right to relinquish his office at any time before the expiry of the term specified under sub-section (1) by giving to the Central.....
View Complete Act List Judgments citing this sectionNational Housing Bank Act, 1987 Section 14
Title: Business of the National Housing Bank
State: Central
Year: 1987
.....of its overall functions; (n) exercising all powers and functions in the performance of duties entrusted to the National Housing Bank under this Act or under any other law for the time being in force; (o) acting as agent of the Central Government, the State Government or the Reserve Bank or of any authority as may be authorised by the Reserve Bank; (p) any other kind of business which the Central Government may on the recommendation of the Reserve Bank, authorise; (q) generally, doing of all such matters and things as may be incidental to or consequential upon the exercise of its powers of the discharge of its duties under this Act. ________________________ 1. "Clause (b)" Substituted by National Housing Bank (Amendment) Act, 2000 (15 of 2000). Prior to substitution it read as under : "(b) making of loans and advances or rendering any other form -of financial assistance whatsoever to housing finance institutions and scheduled banks, 1 [or to any authority established by or under any Central, State or Provincial Act and engaged in slum clearance];" 2. Inserted by National Housing Bank (Amendment) Act, 2000 (15 of 2000) 3. Substituted by National Housing Bank.....
View Complete Act List Judgments citing this sectionNational Housing Bank Act, 1987 Section 30A
Title: Power of National Housing Bank to Determine Policy and Issue Directions
State: Central
Year: 1987
.....accounting standards, making of proper provision for bad and doubtful debts, capital adequacy based on risk weights for assets and credit conversion factors for off balance-sheet items and also relating to deployment of funds by a housing finance institution or a group of housing finance institutions or housing finance institutions generally, as the case may be, and such housing finance institutions shall be bound to follow the policy so determined and the direction so issued. (2) Without prejudice to the generality of the powers vested under sub-section, the National Housing Bank may give directions to housing finance institutions generally or to a group of housing finance institutions or to any housing finance institution in particular as to- (a) the purpose for which advances or other fund-based or non-fund-based accommodation may not be made; and (b) the maximum amount of advances or other financial accommodation or investment in shares and other securities which, having regard to the paid-up capital, reserves and deposits of the housing finance institution and other relevant considerations, may be made by that housing finance institution to any person or a company or.....
View Complete Act List Judgments citing this sectionNational Housing Bank Act, 1987 Section 31
Title: Power of National Housing Bank to Collect Information from Housing Finance Institutions as to Deposits and to Give Directions
State: Central
Year: 1987
.....Housing Bank by general or special order. (2) Without prejudice to the generality of the power vested in the National Housing Bank under sub-section (1) the statement, information or particulars to be furnished under sub-section (1) may relate to all or any of the following matters, namely, the amount of the deposits, the purposes and periods for which, and the rates of interest and other terms and conditions on which, such deposits are received. (3) The National Housing Bank may, if it considers necessary in the public interest so to do, give directions to housing finance institutions accepting deposits either generally or to any group of housing finance institutions accepting deposits, and in particular, in respect of any matters relating to, or connected with, the receipt of deposits, including1[credit rating of the housing finance institution accepting deposits] the rates of interest payable on such deposits, and the periods for which deposits may be received. (4) If any housing finance institution, accepting deposits fails to comply with any direction. given by the National Housing Bank, under sub-section (3) the National Housing Bank may prohibit the acceptance.....
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