Bare Act Search Results

Hindu Gains of Learning Act, 1930 Complete Act

State: Central

Year: 1930

.....demoralising influence upon his character by inducing him to have recourse to dishonest subterfuges like benami transactions. Likewise, the present rule is not favourable to the growth of self-reliance among the dependent members of the family. In a rich family, it offers a premium to extravagance, idleness and perpetual discord. Its injustice is manifestly galling. Take, e.g., a case in which a father has three sons and incurs the same expenditure on their education. He sends them all to England to be educated for the 1.C.S. One is successful, the other two fail. Of the two who fail, one takes to trade, the other is unwilling to do any work and remains idle. The trader earns a large fortune, which the present law allows him to keep to himself, because his education in England was for the Civil Service and not for trade. But, out of the earnings of the Civilian, two shares are claimed, one by the trader and the other by the brother who has been idle. The trader keeps his own earnings and also takes a share of the Civilian's earnings. Take again a case in which three brothers are given by their father the same education for the same profession and at the same cost. Though they.....

The Tamil Nadu Gaming Act, 1930 Complete Act

State: Tamil Nadu

Year: 1930

.....Madras Gaming Amendment) Act, 1946 (Madras Act IV of 1946), re-enacted permanently by Section 2 of and the First Schedule to, the Tamil Nadu Re-enacting (No.II) Act, 1948 (Tamil Nadu Act VIII of 1948), Section 3 of the Madras City Police and Gaming (Amendment) Act, 1955 (Tamil Nadu Act XVI of 1955) was extended to the added territories by section 10 of the Tamil Nadu (Added Territories) Extension of Laws (No.2) Act, 1961 (Tamil Nadu Act 39 of 1961) 4. Penalty for opening etc., for certain forms of gaming. " (1) Whoever " (a) being the owner or occupier or having the use of any house, room, tent, enclosure, vehicle, vessel or place, opens, keeps or uses the same for the purpose of gaming " (i) on a horse-race, or (ii)on the market price of cotton, bullion or other commodity or on the digits of the number used in stating such price, or (iii) on the amount or variation in the market price of any such commodity or on the digits of the number used in stating the amount of such variation, or (iv) on the market price of any stock or share or on the digits of the number used in stating such price, or (v) on the number of registration or on the digits of the number of.....

Bombay Local Fund Audit Act, 1930, (Maharashtra) Section 10

Title: Local Authority to Remedy Defects. Procedure to Be Followed After Report of the Chief Auditor Under Section 8

State: Maharashtra

Year: 1930

.....and the provisions of sub-section (5) shall apply also for recovery of costs of such publication made by the Commissioner.] (6) Nothing in this section or in section 9 shall preclude the 1[Chief Auditor] at any time from bringing to the notice of the Commissioner, for such action as the Commissioner may consider necessary, any information which appears to the 1[Chief Auditor] to support a presumption of criminal misappropriation or fraud 22[or which in his opinion deserves special attention or immediate investigation.] ________________ 1. These words were substituted for the word Examiner by Mah. 3 of 1961, section 10(1). 2. This sub-section was substituted for the original by Bom. 12 of 1949, section 6. 3. These words were substituted for the words three months by Mah. 3 of 1961, section 10(2). 4. The words president or were deleted by Bom. 12 of 1949, section 6. 5. These words were substituted for the words "three months" by Mah. 3 of 1961, section 10(3)(a). 6. These words, brackets and figure were substituted for the words shall forward a copy of such report to the Chairman by Bom. 9 of 1955, section 2(1). 7. The word the provincial Government were.....

Sale of Goods Act, 1930 Chapter V

Title: Rights of Unpaid Seller Against the Goods

State: Central

Year: 1930

.....and available against the buyer. Section 54 - Sale not generally rescinded by lien or stoppage in transit (1) Subject to the provisions of this section, a contract of sale is not rescinded by the mere exercise by an unpaid seller of his right of lien or stoppage in transit. (2) Where the goods are of a perishable nature, or where the unpaid seller who has exercised his right of lien or stoppage in transit gives notice to the buyer of his intention to re-sell, the unpaid seller may, if the buyer does not within a reasonable time pay or tender the price, re-sell the goods within a reasonable time and recover from the original buyer damages for any loss occasioned by his breach of contract, but the buyer shall not be entitled to any profit which may occur on the re-sale. If such notice is not given, the unpaid seller shall not be entitled to recover such damages and the buyer shall be entitled to the profit, if any, on the re-sale. (3) Where an unpaid seller who has exercised his right of lien or stoppage in transit re-sells the goods, the buyer acquires a good title thereto as against the original buyer, notwithstanding that no notice of the re-sale has been given to the.....

Sale of Goods Act, 1930 Section 50

Title: Right of Stoppage in Transit

State: Central

Year: 1930

Subject to the provisions of this Act, when the buyer of goods becomes insolvent, the unpaid seller who has parted with the possession of the goods has the right of stopping them in transit, that is to say, he may resume possession of the goods as long as they are in the course of transit, and may retain them until payment or tender of the price.

Mussalman Wakf Validating Act 1930 Complete Act

State: Central

Year: 1930

.....form of wakf-al-aulad, that is a bequest for the benefit of the testator's descendants. As such, it contravenes the law against perpetuities as enacted in Section 14 of the Transfer of Property Act, and.Section 114 of the Indian Succession Act. A doubt was cast on this doctrine by the Privy Council in several cases in which their Lordships held such bequests illegal as obnoxious to the rule against perpetuities As Act 6 of 1913 was merely declaratory of the validity of such wakfs, it was understood that it would apply equally to all wakfs whether created before or since that enactment. But as the Courts have held otherwise, this Bill is framed to give that Act retrospective operation. It is apprehended that Mussalman Wakf Validating Act (6 of 1913) was not intended to introduce a change in the old law being enacted to restore the old rule. This Bill will, if passed, carry out its intention by resolving a doubt resulting from recent cases." -Gazette of India, 1929, Pat V, p. 240. EXTRACT FROM SELECT COMMITTEE REPORT "Clause 1.- This Bill is designed to give retrospective effect to the Mussalman Wakf Validating Act, 1913, which has already been in operation without retrospective.....

Sale of Goods Act, 1930 Complete Act

State: Central

Year: 1930

.....identified and agreed upon at the time a contract of sale is made; and (15) expressions used but not defined in this Act and defined in the Contract Act, 1872, have the meanings assigned to them in that Act. Section 3 Application of provisions of Act 9 of 1872 The unrepealed provisions of the Contract Act, 1872, save insofar as they are inconsistent with the express provisions of this Act, shall continue to apply to contracts for the sale of goods. CHAPTER 2 FORMATION OF THE CONTRACT Section 4 Sale and agreement to sell (1) A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another. (2) A contract of sale may be absolute or conditional. (3) Where under a contract of sale the property in the goods is transferred from the seller to the buyer, the contract is called a sale, but where the transfer of the property in the goods is to take place at a future time or subject to some condition thereafter to be fulfilled, the contract is called an agreement to sell. (4) An agreement to sell becomes a sale when the time elapses or.....

The Punjab Regulation of Accounts Act, 1930 Complete Act

State: Punjab

Year: 1930

.....property, whether movable or immoveable, and shall include a wholesale or a retail merchant, a commission agent, a broker, a manufacturer, a contractor, a factory owner, but shall not include a person who sells his own agricultural produce or cattle, or buys agricultural produce or cattle for his own use. 3. Duty of creditor to maintain and furnish accounts,-(1) A creditor shall in order to comply with the provisions of this Act- (a) regularly record and maintain an account for each debtor separately, of all transactions relating to any loan advanced to that debtor, in such manner as the 1[State] Government may prescribe; (b) furnish each debtor every six months with a legible statement of account signed by the creditor or his agent of any balance or amount that may be outstanding against such debtor on the 30th day of June or 15th. Har and the 31st day of December or 15th Poh in each year, This statement of account shall include all transactions relating to the loan entered into during the six months to which the statement relates, and shall be sent, in such manner and in such form and containing such details as the 1[ State] Government may prescribe, on or before the 31st.....