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Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012, (Central) Complete Act

Title: the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012

State: Central

Year: 2012

Preamble - THE ENFORCEMENT OF SECURITY INTEREST AND RECOVERY OF DEBTS LAWS (AMENDMENT) ACT, 2012 Chapter I - PRELIMINARY Section 1 - Short title and commencement Chapter II - AMENDMENTS TO THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 Section 2 - Amendment of section 2 Section 3 - Amendment of section 5 Section 4 - Amendment of section 9 Section 5 - Amendment of section 13 Section 6 - Amendment of section 14 Section 7 - Insertion of new section 18C Section 8 - Amendment of section 23 Section 9 - Insertion of new section 26A Section 10 - Substitution of new section for section 30 Section 11 - Insertion of new section 31A Chapter III - AMENDMENTS TO THE RECOVERY OF DEBTS DUE TO BANKS AND FINANCIAL INSTITUTIONS ACT, 1993 Section 12 - Amendment of section 2 Section 13 - Amendment of section 15 Section 14 - Amendment of section 18 Section 15 - Amendment of section 19 Section 16 - Amendment of section 31 Section 17 - Amendment of section 36

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Banking Laws (Amendment) Act, 2012, (Central) Complete Act

Title: the Banking Laws (Amendment) Act, 2012

State: Central

Year: 2012

Preamble - THE BANKING LAWS (AMENDMENT) ACT, 2012 Chapter I - PRELIMINARY Section 1 - Short title and commencement Chapter II - AMENDMENTS TO THE BANKING REGULATION ACT, 1949 Section 2 - Amendment of section 5 Section 3 - Amendment of section 12 Section 4 - Insertion of new section 12B Section 5 - Amendment of section 13 Section 6 - Amendment of section 18 Section 7 - Amendment of section 24 Section 8 - Insertion of new section 26A Section 9 - Insertion of new section 29A Section 10 - Insertion of new Part IIAB Section 11 - Amendment of section 46 Section 12 - Amendment of section 47A Section 13 - Amendment of section 51 Section 14 - Amendment of section 56 Chapter III - AMENDMENT TO THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1970 Section 15 - Amendment of section 3 Chapter IV - AMENDMENT TO THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1980 Section 16 - Amendment of section 3 Chapter V - MISCELLANEOUS Section 17 - Amendment of certain enactments Schedule - THE SCHEDULE

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North-eastern Areas (Reorganisation) and Other Related Laws (Amendment) Act, 2012, (Central) Complete Act

Title: the North

State: Central

Year: 2012

Preamble - THE NORTH Chapter I - PRELIMINARY Section 1 - Short title and commencement Chapter II - AMENDMENTS TO THE NORTH Section 2 - Amendment of section 2 Section 3 - Amendment of section 28 Section 4 - Insertion of new sections 28A to 28K Section 5 - Amendment of section 31 Section 6 - Amendment of section 32 Section 7 - Amendment of section 33 Section 8 - Insertion of new section 87A Chapter III - AMENDMENTS TO THE ADVOCATES ACT, 1961 AND SPECIAL PROVISIONS RELATING TO THE BAR COUNCIL AND ADVOCATES Section 9 - Amendment of section 3 Section 10 - Special provision relating to Bar Councils and advocates Section 11 - Right to appear or to act in proceedings transferred to High Courts of Meghalaya, Manipur and Tripura Chapter IV - AMENDMENT OF THE STATE OF MIZORAM ACT, 1986 Section 12 - Amendment of Act 34 of 1986 Chapter V - AMENDMENT OF THE STATE OF ARUNACHAL PRADESH ACT, 1986 Section 13 - Amendment of Act 69 of 1986

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Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012, (Central) Preamble

Title: the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012

State: Central

Year: 2012

THE ENFORCEMENT OF SECURITY INTEREST AND RECOVERY OF DEBTS LAWS (AMENDMENT) ACT, 2012 [Act No. 1 of 2013] [3rd January, 2013] PREAMBLE An Act further to amend the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. Be it enacted by Parliament in the Sixty-third Year of the Republic of India as follows:--

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Banking Laws (Amendment) Act, 2012, (Central) Preamble

Title: the Banking Laws (Amendment) Act, 2012

State: Central

Year: 2012

THE BANKING LAWS (AMENDMENT) ACT, 2012 [Act No. 4 of 2013] [5th January, 2013] PREAMBLE An Act further to amend the Banking Regulation Act, 1949, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 and to make consequential amendments in certain other enactments. Be it enacted by Parliament in the Sixty-third Year of the Republic of India as follows:--

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Tamil Nadu National Law School Act, 2012 Complete Act

State: Tamil Nadu

Year: 2012

.....or inquiry. Such report shall be submitted within such time as the Chancellor may direct. (4) Where the Executive Council does not take action to the satisfaction of the Chancellor within a reasonable time, the Chancellor may, after considering any explanation furnished or representation made by the Executive Council, issue such directions as he may think fit and the Executive Council shall comply with such directions. In the event of the Executive Council not complying with such directions within such time as may be fixed in that behalf by the Chancellor, the Chancellor shall have power to appoint any person or body to comply with such directions and make such orders as may be necessary for the expenses thereof. CHAPTER III OFFICERS OF THE SCHOOL 8. Officers of School. " The School shall consist of the following officers, namely: (1) The Chancellor; (2) The Pro-Chancellor; (3) The Vice-Chancellor; (4) The Registrar; (5) The Finance Officer; (6) The Controller of Examinations; and (7) Such other persons as may be declared by the regulations to be officers of the School. 9. Chancellor." (1) The Chief Justice of the High Court of Madras shall be the.....

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North-eastern Areas (Reorganisation) and Other Related Laws (Amendment) Act, 2012, (Central) Section 4

Title: Insertion of New Sections 28a to 28k

State: Central

Year: 2012

.....of the North-Eastern Areas (Reorganisation) and Other Related Laws (Amendment) Act, 2012 exercisable by the common High Court: Provided that any rules or orders which are in force immediately before the commencement of the North-Eastern Areas (Reorganisation) and Other Related Laws (Amendment) Act, 2012 with respect to the practice and procedure in the common High Court shall, until varied or revoked by rules or orders made by the High Court of Meghalaya or the High Court of Manipur or the High Court of Tripura, as the case may be, apply with the necessary modifications in relation to the practice and procedure in the High Court of Meghalaya, the High Court of Manipur and the High Court of Tripura respectively, as if such rules or orders were made by the respective High Court. 28F. Forms of writs and other processes.-- The law in force immediately before the commencement of the North-Eastern Areas (Reorganisation) and Other Related Laws (Amendment) Act, 2012 with respect to the form of writs and other processes used, issued or awarded by the common High Court shall, with the necessary modifications, apply with respect to the form of writs and other processes used, issued.....

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Banking Laws (Amendment) Act, 2012 Complete Act

State: Central

Year: 2012

.....Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 and to make consequential amendments in certain other enactments. Be it enacted by Parliament in the Sixty-third Year of the Republic of India as follows:" CHAPTER I PRELIMINARY 1. Short title and commencement." (1) This Act may be called the Banking Laws (Amendment) Act, 2012. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint: Provided that different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. CHAPTER II AMENDMENTS TO THE BANKING REGULATION ACT, 1949 2. Amendment of Section 50." In Section 5 of the Banking Regulation Act, 1949 (hereinafter in the chapter referred to as the principal Act), for Clause (a), the following Clause shall be substituted, namely" ˜( a) ˜˜approved securities'' means the securities issued by the Central Government or any State Government or such other securities as may be specified by the.....

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Banking Laws (Amendment) Act, 2012, (Central) Section 14

Title: Amendment of Section 56

State: Central

Year: 2012

.....law establishing, constituting or forming the co-operative bank to the extent the provisions of the Companies Act, 1956 are not inconsistent with the provisions of such law. (4) In addition to the matters referred to in the order under sub-section (1) the auditor shall state in his report-- (a) whether or not the information and explanation required by him have been found to be satisfactory; (b) whether or not the transactions of the co-operative bank which came to his notice have been within the powers of the co-operative bank; (c) whether or not the returns received from branch offices of the co-operative bank have been found adequate for the purpose of his audit; (d) whether the profit and loss accounts, shows a true balance or profit or loss for the period covered by such account; (e) any other matter which he considers should be brought to the notice of the Reserve Bank and the shareholders of the co-operative bank." '.

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Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012 Complete Act

State: Central

Year: 2012

.....or satisfaction thereof, the order shall not prejudice any rights acquired in respect of the property concerned or financial asset before the transaction is actually registered.". 10. Substitution of new Section for Section 30." For Section 30 of the principal Act, the following Section shall be substituted, namely" "30. Cognizance of offences."( 1 ) No court shall take cognizance of any offence punishable under Section 27 in relation to non-compliance with the provisions of Section 23, Section 24 or Section 25 or under Section 28 or Section 29 or any other provisions of the Act, except upon a complaint in writing made by an officer of the Central Registry or an officer of the Reserve Bank, generally or specially authorised in writing in this behalf by the Central Registrar or, as the case may be, the Reserve Bank. ( 2 ) No court inferior to that of a Metropolitan Magistrate or a Judicial Magistrate of the first class shall try any offence punishable under this Act.". 11. Insertion of new Section 31-A." After Section 31.....

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