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The Assam Cooperative Societies Act, 1949 Complete Act

State: Assam

Year: 1949

.....and amend the law relating to Co-operative Societies in the Province of Assam. It is hereby enacted as follows: COMMENTS Preamble. This act has been enacted to facilitate the formation and working of Co-operative Societies and to consolidate and amend the law relating to the Co operative Societies in the State of Assam. There is a Central Act, viz., the Co-operative Societies Act, 1912, which amended the Co-operative Credit Societies Act, 1904. The Act of 1904 applies to Societies for the purpose of Co-operative Credit only and not to Co-operative Societies of other kinds. The Central Act has been repealed in its application to Assam and Nagaland by the present Assam Act 1 of 1950. The policy of the Co-operative Societies Act is to save the person concerned from protractive, expensive and sometimes ruinous litigation of the civil courts and its object is to encourage, help and bring co-operation among the persons having limited means. The object of the Co-operative Societies is also to create the quality of credit-worthiness among agriculturists, artisans and other persons with common economic needs so as to bring about a higher standard of living, better business,.....

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Banking Regulation Act, 1949 Complete Act

State: Central

Year: 1949

.....on 19-9-1949. This Act now incorporates the provisions contained therein in the Banking Companies Act. 1949 as a pernabebt basis, in addition. this Act also amends the said Act for the following purposes :- (a) to incorporate special provisions for facilitating quick amalgamations between banking companies: (b) to empower the Reserve Bank to control opening of branches by Indian banks in foreign countries: (c) to provide a meaning of the terms "assets in India" for the purpose of section 25.-Gaz. of Ind.. 24-12-1949. Pt. V. p:501. Act 52 of 1953.- The Banking Companies Act. 1949 (X of 1949) was passed to ensure proper administration of the banking companies in India. The liquidation of banks, however, continued to be governed by the provisions of the Indian Companies Act, 1913. Experience of the liquidation of a large number of banks that failed during the post-war and post-partition period disclosed that the procedure for the liquidation of joint stock companies was totally inadequate for the liquidation of banking companies in a manner satisfactory to the depositors. A bank has a far larger number of debtors than a joint stock company of a comparable size, and the necessity to.....

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Constitution of India Complete Act

State: Central

Year: 1949

.....of this Constitution if- (a) he or either of his parents or any of his grand- parents was born in India as defined in (Government of India Act, 1935) (as originally enacted); and (b) (i) in the case where such person has so migrated before the nineteenth day of July, 1948. he has been ordinarily resident in the territory of India since the date of his migration, or (ii) in the case where such person has so migrated on or after the nineteenth day of July, 1948, he has been registered as a citizen of India by an officer appointed in that behalf by the Government of the Dominion of India on an application made by him therefor to such officer before the commencement of this Constitution in the form and manner prescribed by that Government : Provided that no person shall be so registered unless he has been resident in the territory of India for at least six months immediately preceding the date of his application. ARTICLE 7: Rights of citizenship of certain migrants to Pakistan: Notwithstanding anything in (Art.5) and (Art.6), a person who has after the first day of March, 1947, migrated from the territory of India to the territory now included in Pakistan shall not be.....

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Banking Regulation Act, 1949 Section 45ZE

Title: Release of Contents of Safety Lockers

State: Central

Year: 1949

.....hirer or joint hirers, as the case may be, access to the locker and liberty to remove the contents of such locker. (3) Every nomination under sub-section (1) or sub-section (2) shall be made in the prescribed manner. (4) The banking company shall, before permitting the removal of the contents of any locker by any nominee or jointly by any nominee and survivors as aforesaid, prepare, in such manner as may be directed by the Reserve Bank from time to time, an inventory of the contents of the locker which shall be signed by such nominee or jointly by such nominee and survivors and shall deliver a copy of the inventory so prepared to such nominee or nominee and survivors. (5) On the removal of the contents of any locker by any nominee or jointly by any nominee and survivors as aforesaid, the liability of the banking company in relation to the contents of the locker shall stand discharged. (6) No suit, prosecution or other legal proceedings shall lie against a banking company for any damage caused or likely to be caused, for allowing access to any locker, and liberty to remove the contents of such locker, in pursuance of the provisions of subsection (1) or sub-section (2) as.....

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Banking Regulation Act, 1949, (Maharashtra) Section 45ZE

Title: Release of Contents of Safety Lockers

State: Maharashtra

Year: 1949

.....hirer or joint hirers, as the case may be, access to the locker and liberty to remove the contents of such locker. (3) Every nomination under sub-section (1), or sub-section (2), shall be made in the prescribed manner. (4) The banking company shall, before permitting the removal of the contents of any locker by any nominee or jointly by any nominees and survivors as aforesaid, prepare in such manner, as may be directed by the Reserve Bank from time to time, an inventory of the contents of the locker, which shall be signed by such nominee or jointly by such nominees and survivors and shall deliver a copy of the inventory so prepared to such nominee or nominees and survivours. (5) On the removal of the contents of any locker by any nominee or jointly by any nominee and survivours as aforesaid, the liability of the banking company in relation to the contents of the locker shall stand discharged. (6) No suit, prosecution or other legal proceeding shall lie against a banking company for any damage caused or likely to be caused, for allowing access to any locker, and liberty to remove the contents of such locker, in pursuance of the provisions of sub-section (1), or.....

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Bombay Provincial Municipal Corporation Act, 1949 Complete Act

State: Maharashtra

Year: 1949

.....Corporation is inserted. (iv) any joint stock company or any society, registered or deemed to be registered under the Bombay Co-operative Societies Act, 19251[which shall contract with or be employed by the Commissioner or the Transport Manager on behalf of the Corporation ; (v) the occasional sale to the Commissioner or Transport manager on behalf of the Corporation of any article in which he regularly trades to a value not exceeding in the aggregate in any one official year two thousand rupees; or (vi) the occasional letting out on hire to the Corporation or in the hiring from the Corporation of any article for an amount not exceeding in the aggregate in any one official year five hundred rupees ; (c) occupying as a tenant for the purpose of residence any premises belonging to the Corporation ; or (d) receiving conveyance charges as a member of the Transport Committee. SECTION 11: DISABILITIES FROM CONTINUING AS COUNCILLOR A Councillor shall cease to hold office as such if at any time during his term of office he, (a) becomes disqualified for being a Councillor by reason of the provisions of section 10 ; (b) absents himself during three successive months from the meetings of.....

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Banking Regulation Act, 1949 Schedule III

Title: Third Schedule

State: Central

Year: 1949

..... IV. Stationery and stamps V. Non-banking assets acquired in satisfaction of claims VI. Others* ____________ ____________ Total: ____________ ____________ SCHEDULE 12 Contingent Liabilities As on 31-3.... (current year) As on 31-3.... (previous year) I. Claims against the bank not acknowledged as debts II. Liability for partly paid investments III. Liability on account of outstanding forward exchange contracts IV. Guarantees given on behalf of constituents (a) In India (b) Outside India V. Acceptances, endorsements and other obligations VI. Other items for which the bank is contingently liable ____________ .....

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Banking Regulation Act, 1949, (Maharashtra) Schedule

Title: the Third Schedule

State: Maharashtra

Year: 1949

..... Interest accrued III. Tax paid in advanceitax deducted at source IV. Stationery and stamps V. Non-banking assets acquired in satisfaction of claims VI. Other* TOTAL: SCHEDULE 12 Contingent Liabilities As on 31-3 As on 31-3 (Current year) (Previous year) I. Claims against the bank not acknowledged as debts II. Liability for partly paid investments III. Liability on account of outstanding forward exchange contracts IV. Guarantees given on behalf of constituents (a) In India (b) Outside India V. Acceptances, endorsements and other obligations VI. Other items for which the bank is contingently liable TOTAL: FORM ' B' (OOO's omitted) Form of Profit & Loss Account for the year ended 31st March (year) Schedule Year ended Year ended 31-3..... (current year) 31-3........ (previous year) I. Income Interest earned 13 Other Income 14 TOTAL: II. Expenditure Interest expended 15 Operating expenses 16 TOTAL: III. Profit/Loss Net profit/Ioss ( ) for the year Profit/Loss ( ) brought forward TOTAL: IV. Appropriations Transfer to statutory.....

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Calcutta Thika Tenancy Act, 1949 Complete Act

State: West Bengal

Year: 1949

.....and uses or occupies such land as a khattal. (6) all words and expressions used but not defined in this Act and used in the Transfer of Property Act, 1882, or the Bengal Tenancy Act, 1885, have the same meanings as in those Acts. CHAPTER 2 Incidents of Thika Tenancies Section 3 Grounds on which a thika tenant may be ejected 55. Sec. 3 subs. by W. B. Act 29 of 1969. (1) Notwithstanding anything contained in any other law for the time being in force or in any contract, a thika tenant shall, subject to the other provisions of this Act, be liable to ejectment from his holding on one or more of the following grounds and not otherwise, namely: (i) on the ground that he has used the land comprised in his holding in a manner which renders it unfit for any of the purposes mentioned in clause (5) of section 2; (ii) except during any period limited by a registered lease under which a thika tenant may hold the land comprised in the holding and subject to the provisions of sub-sections (2), (3) and (4), on the ground that the land is required by the landlord for his own occupation; (iii) when he holds the land comprised in the holding under a registered lease for a purpose other than.....

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West Bengal Nonagricultural Tenancy Act, 1949 Complete Act

State: West Bengal

Year: 1949

.....(8) all words and expressions used but not defined in this Act and used in 88. Words and figures subs, for the words and figures "the Bengal Tenancy Act, 1885," by W.B. Act 8 of 1974. [the West Bengal Land Reforms Act, 1955] or the Transfer of Property Act, 1882, have the same meanings as in those Acts. CHAPTER 2 Classes of non-agricultural tenants Section 3 Classes of non-agricultural tenants (1) There shall be, for the purposes of this Act, the following classes of non-agricultural tenants, namely: (a) tenants, and (b) under-tenants. (2) "Tenant" means a person who has acquired [a right to hold non-agricultural land directly under the State] for any of the purposes provided in this Act, and includes also the successors-in-interest of persons who have acquired such a right. (3) "Under-tenant" means a person, who has acquired a right to hold non-agricultural land for any of the purposes provided in this Act either immediately or mediately under a tenant and includes also the successors-in-interest of persons who have acquired such a right. Section 4 Purposes for which non-agricultural tenant may hold non- agricultural land .A non-agricultural tenant may hold.....

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