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Start Free TrialWakf Act, 1995 Section 76
Title: Mutawalli Not to Lend or Borrow Moneys Without Sanction
State: Central
Year: 1995
.....provision in the deed of wakf for such borrowing or lending, as the case may be. (2) The Board may, while according sanction, specify any terms and conditions subject to which the person referred to in sub-section (1) is authorised by him to lend or borrow any money or lend any other wakf property. (3) Where any money is lent or borrowed, or other wakf property is lent in contravention of the provisions of this section, it shall be lawful for the Chief Executive Officer, (a) to recover an amount equal to the amount which has been so lent or borrowed, together with interest due thereon, from the personal funds of the person by whom such amount was lent or borrowed; (b) to recover the possession of the wakf property lent in contravention of the provisions of this Act, from the person to whom it was lent, or from persons who claim title to such property through the person to whom such property was lent.
View Complete Act List Judgments citing this sectionThe Chhattisgarh Money Lending (Amendment) Act, 2005 Complete Act
State: Chattisgarh
Year: 2005
THE CHHATTISGARH MONEY LENDING (AMENDMENT) ACT, 2005 THE CHHATTISGARH MONEY LENDING (AMENDMENT) ACT, 2005 [Act No. 7 of 2006] [ 25th January, 2006] PREAMBLE An Act to amend the Chhattisgarh Money Lenders Act, 1934. Be it enacted by the Chhattisgarh Legislature in the Fifty-sixth Year of the Republic of India as follows:-- Section 1 - Short title, extent and commencement (1) This Act may be called the Chhattisgarh Money Lenders (Amendment) Act, 2005. (2) It shall come into force from the date of its publication in the Official Gazette. Section 2 - Amendment of Section 11-C (1) In sub-section (1) of Section 11-C of the Principal Act,-- For the figure and word "50 Rupees" the figure and word " 1000 Rupees" shall be substituted. (2) In sub-section (2) of Section 11 -C of the Principal Act,-- For the words "one year or two" the word "five" shall be substituted. [Published in Chhattisgarh Rajpatra (Asadharan) dated 25-1-2006 Page 60(1)]. Chhatisgarh State Acts
List Judgments citing this sectionFood Corporations Act, 1964 Section 28
Title: Lending by Food Corporation on Security of Food Grains
State: Central
Year: 1964
A Food Corporation may lend or advance money to any person engaged in the production of food grains upon the security of food grains or such other security as may be prescribed, for any purpose connected with such production.
View Complete Act List Judgments citing this sectionKarnataka Warehouses Act, 1961 Section 20
Title: Warehouseman Not to Deal in or Lend Against Goods in Warehouse
State: Karnataka
Year: 1961
Notwithstanding anything contained in any other law, no warehouseman other than a co-operative society shall either on his own account or that of others, deal in, or lend money on goods received by him for deposit in his warehouse.
View Complete Act List Judgments citing this sectionHindu Religious Institutions and Charitable Endowments Act, 1997 Section 57
Title: Chairman or Executive Officer Not to Lend or Borrow Moneys
State: Karnataka
Year: 1997
No Chairman, Manager or Executive Officer shall either lend or borrow money for the purpose of or on behalf of the Notified Institution or Declared Institution of which he is the Chairman, Manager or Executive Officer.
View Complete Act List Judgments citing this sectionThe Bombay Money Lenders Act, 1946 Complete Act
State: Maharashtra
Year: 1946
.....other property, whether moveable or immoveable, and includes a wholesale or retail merchant, a commission agent, - a broker, a manufacturer, a contractor, a factory owner, but does not include an artisan or a person who sells his agricultural produce or cattle or buys agricultural produce or cattle, for his use. Explanation."For the purposes of this clause an "artisan" means a person who does not employ more than ten workers in a manufacturing process on any one day of the twelve months immediately preceding. NOTES: (A) Changes made by the new amendment in two of the definitions have created disturbance in business community and especially the money-lenders who were advancing loans to traders. (B) Definition of word LOAN in sub-section 2 has been amended by addition of words WHETHER IN CASH OR KIND AND after the words ADVANCING LOANS. These words appear to have been added to clarify the word loan as to include the advance in kind like grains advanced with condition to return one and half times after harvest. The definition of word LOAN in sub section (9) even prior to the amendment states that the loan meant an advance whether of money or in kind. Thus this particular amendment.....
List Judgments citing this sectionCompanies Act, 1956 Part 6
Title: Management and Administration
State: Central
Year: 1956
.....Act, 1996, shall be deemed to be an index of members and register and index of debenture-holders, as the case may be, for the purposes of this Act.] ____________________ 1. Inserted by Act 22 of 1996, Section 30 and Schedule (w.r.e.f. 20-9-1995). Section 153 - Trusts not to be entered on register No notice of any trust, express, implied or constructive, shall be entered on the register of members or of debenture-holders1[***] ____________________ 1. The words "or be receivable by the Registrar" omitted by Act 53 of 1963, Section 6 (w.e.f. 1-1-1964). Section 153A - Appointment of public trustee 1[153A. Appointment of public trustee 2[(1)] The Central Government may, by notification in the Official Gazette, appoint a person as public trustee to discharge the functions and to exercise the rights and powers conferred on him by or under this Act.] 3[(2) The provision of this section shall not apply on and after the commencement of the Companies (Amendment) Act, 2000.] ____________________ 1. Inserted by Act 53 of 1963, Section 7 (w.e.f. 1-1-1964). 2. Section 153A renumbered as sub-section (1) thereof by Act 53 of 2000, Section 63 (w.e.f. 13-12-2000)......
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Complete Act
State: Central
Year: 1956
.....as in the (Depositories Act, 1996) (22 of 1996); (12B) "derivative" has the same meaning as in clause (aa) of (S.2 of the Securities Contracts (Regulation) Act, 1956) (42 of 1956);] (13) "director" includes any person occupying the position of director, by whatever name called; (14) "District Court" means the principal Civil Court of original jurisdiction in a district, but does not include a High Court in the exercise of its ordinary original civil jurisdiction ; [(14A) "dividend" includes any interim dividend;] (15) "document" includes summons, notice, requisition, order, other legal process, and registers, whether issued, sent or kept in pursuance of this or any other Act or otherwise ; [(15A) "employees stock option" means the option given to the whole-time directors, officers or employees of a company, which gives such directors, officers or employees the benefit or right to purchase or subscribe at a future date, the securities offered by the company at a pre-determined price;] (16) "existing company" means an existing company as defined in (section 3); (17) "financial year" means, in relation to any body corporate, the period in respect of which.....
List Judgments citing this sectionCompanies Act, 1956 Chapter 3
Title: Managing Agents
State: Central
Year: 1956
.....(Amendment) Act, 2000 (53 of 2000), sec. 159 (w.e.f. 13-12-2000). Section 344 - Managing agency not to be heritable after commencement of Act [Repealed] Rep. by the Companies (Amendment) Act, 2000 (53 of 2000), sec. 159 (w.e.f. 13-12-2000). Section 345 - Succession to managing agency by inheritance or devise under agreement before commencement of Act, to be subject to Central Government's approval [Repealed] Rep. by the Companies (Amendment) Act, 2000 (53 of 2000), sec. 159 (w.e.f. 13-12-2000). Section 346 to 347 - Changes in constitution of firms and corporations Section 346 - Changes in constitution of managing agency, firm or corporation to be approved by Central Government [Repealed] Rep. by the Companies (Amendment) Act, 2000 (53 of 2000), sec. 159 (w.e.f. 13-12-2000). Section 347 - Application of Schedule VIII to certain managing agents [Repealed] Rep. by the Companies (Amendment) Act, 2000 (53 of 2000), sec. 159 (w.e.f. 13-12-2000). Section 348 to 355 - Remuneration of managing agents Section 348 - Remuneration of managing agent ordinarily not to exceed 10 per cent. of net profits [Repealed] Rep. by the Companies (Amendment) Act, 2000 (53.....
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Section 370
Title: Loans, Etc., to Companies Under the Same Management
State: Central
Year: 1956
.....not being a banking company.] _______________________ 1. The words "which is under the same management as the lending company" omitted by Act 31 of 1965, Section 46 (w.e.f. 1-4- 1967). 2. Added by Act 31 of 1965, Section 46 (w.e.f. 1-4-1967). 3. Substituted by Act 31 of 1988, Section 51, for certain words (w.e.f. 17-4-1989). 4. Explanation renumbered as Explanation 1 by Act 34 of 1966, Section 3 (w.e.f. 1-4-1967). 5. Inserted by Act 34 of 1966, Section 3 (w.e.f. 1-4-1967). 6. Inserted by Act 65 of 1960, Section 135 (w.e.f. 28-12-1960). 7. Explanation numbered and lettered as sub-section (1B) by Act 65 of 1960, Section 135 (w.e.f. 28-12-1960). 8. Substituted by Act 65 of 1960, Section 135, for "for the purposes of this sub-section" (w.e.f. 28-12-1960). 9. Provisions relating to managing agents, secretaries and treasurers have ceased to have effect by Act 17 of 1967, Section 6 (w.e.f. 3-4-1970). 10. Added by Act 65 of 1960, Section 135 (w.e.f. 28-12-1960). 11. Inserted by Act 31 of 1965, Section 46 (w.e.f. 1-4-1967). 12. Substituted by Act 31 of 1965, Section 46, for "every such loan, guarantee or security" (w.e.f. 1-4-1967). 13. Inserted.....
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