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Start Free TrialThe Commercial Courts, Commercial Division &Amp; Commercial Appellate Division Of High Courts Act, 2015 Complete Act
State: Central
Year: 2015
.....APPELLATE DIVISION OF HIGH COURTS ACT, 2015 THE COMMERCIAL COURTS, COMMERCIAL DIVISION & COMMERCIAL APPELLATE DIVISION OF HIGH COURTS ACT, 2015 NO. 4 OF 2016 An Act to provide for the constitution of Commercial Courts, Commercial Division and Commercial Appellate Division in the High Courts for adjudicating commercial disputes of specified value and matters connected therewith or incidental thereto. Be it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows: CHAPTER I PRELIMINARY Short title, extent and commencement. 1. (1) This Act may be called the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015. (2) It extends to the whole of India except the State of Jammu and Kashmir. (3) It shall be deemed to have come into force on the 23rd day of October, 2015. Definitions. 2. (1) In this Act, unless the context otherwise requires, (a) Commercial Appellate Division means the Commercial Appellate Division in a High Court constituted under sub-section (1) of section 5; (b) Commercial Court means the Commercial Court constituted under sub-section (1) of section 3; (c) commercial dispute .....
List Judgments citing this sectionThe Karnataka Stamp (Amendment) Act, 2015 Complete Act
State: Karnataka
Year: 2015
.....property, whichever is higher . (8) in article 32A,- (i) in column 2, after the words Security Deposit the words or for carrying on manufacture, trade, business or profession shall be inserted. (ii) in clause (ii), in column 3, after the words money advanced the words, subject to a minimum of rupees fifty , shall be inserted. (iii) in clause (iii), in column 3, after the words, money advanced the words, subject to a minimum of rupees one hundred , shall be inserted. (iv) in clause (v), in column 3, after the words, money advanced the words, subject to a minimum of rupees two hundred , shall be inserted. (v) in clause (v), in column 3, after the words, money advanced the words, subject to a minimum of rupees three hundred , shall be inserted. (9) in article 34, for clause (d) and entries relating thereto excluding exemption, the following shall be substituted, namely,- (d) for hypothecation of movable property, If the loan or debt is repayable on demand (i) where the loan amount does not exceeds rupees ten lakhs rupees ten for every rupees ten thousands or part thereof (ii) when the loan amount exceeds rupees ten lakhs rupees.....
List Judgments citing this sectionThe Chhattisgarh Sthaniya Kshetra Me Mal Ke Pravesh Par Kar (Sanshodhan) Adhiniyam, 2014 Complete Act
State: Chattisgarh
Year: 2014
.....This Act may be called the Chhattisgarh Sthaniya Kshetra Me Mal Ke Pravesh Par Kar (Sanshodhan) Adhiniyam, 2014 (2) It shall come into force with effect from the 1st April, 2014. 2. Amendment of Section 2. After clause (ff) of sub-section (1) of Section 2 of the Chhattisgarh Sthaniya Kshetra Me Mal Ke Pravesh par Kar Adhiniyam, 1976 (No. 52 of 1976), (here-in-after referred to as the Principal Act), the following shall be inserted, namely:- (fff) Market Value means the value at which the goods are generally sold in the market or where the goods are not generally sold in the market or the correct sale price thereof is not ascertainable, such value as may be notified by the State Government. 3. Amendment of Section 3. For sub-clause (ii) of clause (a) of sub-section (2) of Section 3 of the Principal Act, the following shall be substituted, namely:- (ii) such tax, as may be notified by the State Government shall be levied from such persons or class of persons, to whom the provisions of sub-section (1) do not apply, and thereupon the tax so notified, shall be paid by such persons or class of persons.
List Judgments citing this sectionThe Narcotic Drugs And Psychotropic Substances (Amendment) Act, 2014 Complete Act
State: Central
Year: 2014
.....in the proviso, for the words Provided that, the following shall be substituted, namely: Provided that in respect of holder of a licence for manufacture of manufactured drugs or psychotropic substances or controlled substances granted under this Act or any rule or order made thereunder, such power shall be exercised by an officer not below the rank of sub-inspector: Provided further that. Amendment of section 52A. 17. In section 52A of the principal Act, (a) for sub-section (1), the following sub-section shall be substituted, namely: (1) The Central Government may, having regard to the hazardous nature, vulnerability to theft, substitution, constraint of proper storage space or any other relevant consideration, in respect of any narcotic drugs, psychotropic substances, controlled substances or conveyances, by notification in the Official Gazette, specify such narcotic drugs, psychotropic substances, controlled substances or conveyance or class of narcotic drugs, class of psychotropic substances, class of controlled substances or conveyances, which shall, as soon as may be after their seizure, be disposed of by such officer and in such manner as that Government may, from time.....
List Judgments citing this sectionThe Rani Lakshmi Bai Central Agricultural University Act, 2014 Complete Act
State: Central
Year: 2014
.....proposes to take or has been taken by it upon the results of such inspection or inquiry. (8) Where the Board does not, within reasonable time, take action to the satisfaction of the Visitor, the Visitor may, after considering any explanation furnished or representation made by the Board, issue such directions as he may think fit and the Board shall be bound to comply with such directions. (9) Without prejudice to the foregoing provisions of this section, the Visitor may, by an order in writing, annul any proceeding of the University which is not in conformity with this Act, the Statutes or the Ordinances: Provided that before making any such order, he shall call upon the University to show cause why such an order should not be made and, if any cause is shown within a reasonable time, he shall consider the same. (10) The Visitor shall have such other powers as may be prescribed by the Statutes. Officers of the University. 10. The following shall be the officers of the University, namely: (1) the Chancellor; (2) the Vice-Chancellor; (3) the Deans; (4) the Directors; (5) the Registrar; (6) the Comptroller; (7) the University Librarian; and (8) such other officers as may be.....
List Judgments citing this sectionThe Street Vendors (Protection Of Livelihood And Regulation Of Street Vending) Act, 2014 Complete Act
State: Central
Year: 2014
.....area for public or any such place considered suitable for vending activities and providing services to the general public. (2) Any reference in this Act to any enactment or any provision thereof, shall, in relation to an area in which such enactment or such provision is not in force be construed as a reference to the corresponding law, if any, in force in that area. CHAPTER II REGULATION OF STREET VENDING Survey of street vendors and protection from eviction or relocation. 3. (1) The Town Vending Committee shall, within such period and in such manner as may be specified in the scheme, conduct a survey of all existing street vendors, within the area under its jursidiction, and subsequent survey shall be carried out at least once in every five years. (2) The Town Vending Committee shall ensure that all existing street vendors, identified in the survey, are accommondated in the vending zones subject to a norm conforming to two and half per cent. of the population of the ward or zone or town or city, as the case may be, in accordance with the plan for street vending and the holding capacity of the vending zones. (3) No street vendor shall be evicted or, as the case may be, relocated.....
List Judgments citing this sectionMaharashtra Tax Laws (Levy, Amendment And Validation) Act, 2014 Complete Act
State: Maharashtra
Year: 2014
.....so far as they relate to the recovery of tax as arrears of land revenue, shall mutatis mutandis apply for the purposes of recovery of tax under this Act. The authorities appointed under this Act shall have and exercise all the powers and perform all the duties of the equivalent authorities appointed under the Maharashtra Value Added Tax Act, 2002. Amendment of section 12B in Mah. IX of 1962. 4. In section 12B of the Purchase Tax on Sugarcane Act, after clause (d), the following clause shall be added, namely:- (e) for the purpose of assisting the sugar factories in the State, to give the fair and remunerative price to the farmers for the year 2013-14. CHAPTER IV AMENDMENTS TO THE MAHARASHTRA STATE TAX ON PROFESSIONS, TRADES, CALLINGS AND EMPLOYMENTS ACT, 1975. Amendment of Section 6 of Mah. XVI of 1975. Mah. XVI of 1975. 5. In section 6 of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 (hereinafter, in this Chapter, referred to as the Profession Tax Act), to sub-section (3), the following proviso shall be added, namely:- Provided that, if the State Government is satisfied that it is necessary so to do in the public interest, it may, from time.....
List Judgments citing this sectionThe West Bengal Finance Act, 2014 Complete Act
State: West Bengal
Year: 2014
.....as the State Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for different provisions of this Act. Amendment of Bengal Act V of 1922:- 2. In the Bengal Amusements Tax Act, 1922, in section 8C, in clause (a),- (1) for sub-clause (i), the following sub-clause shall be substituted:- (i) in the case of a new multiplex theatre complex,- (A) if it is situated under the jurisdiction of the Kolkata Municipal Corporation or the municipalities of Baranagar, Dum Dum, South Dum Dum and Bidhannagar, four years, where it constitutes not less than three theatres and three years, where it constitutes two theatres, (B) if it is situated in the districts of Howrah, Hooghly, Burdwan, Nadia, Purba Medinipur, Paschim Medinipur, North 24-Parganas excluding the areas mentioned in item (A) and the areas under Sunderbans and South 24-Parganas excluding the areas under the Kolkata Municipal Corporation mentioned in item (A) and Sunderbans, six years, where it constitutes not less than three theatres and five years, where it constitutes two theatres, and (C) if it is situated in an area other than those areas specified in items (A) and (B) above, seven.....
List Judgments citing this sectionCompanies Act, 2013, Section 281
Title: Submission of Report by Company Liquidator
State: Central
Year: 2013
.....and any other matters which, in his opinion, it is desirable to bring to the notice of the Tribunal. (3) The Company Liquidator shall also make a report on the viability of the business of the company or the steps which, in his opinion, are necessary for maximising the value of the assets of the company. (4) The Company Liquidator may also, if he thinks fit, make any further report or reports. (5) Any person describing himself in writing to be a creditor or a contributory of the company shall be entitled by himself or by his agent at all reasonable times to inspect the report submitted in accordance with this section and take copies thereof or extracts therefrom on payment of the prescribed fees.
View Complete Act List Judgments citing this sectionCompanies Act, 2013, Section 262
Title: Sanction of Scheme
State: Central
Year: 2013
.....sub-section (3), the Tribunal shall within sixty days therefrom, after satisfying that the scheme had been validly approved in accordance with this section, pass an order sanctioning such scheme. (5) Where a sanctioned scheme provides for the transfer of any property or liability of the sick company to any other company or person or where such scheme provides for the transfer of any property or liability of any other company or person in favour of the sick company, then, by virtue of, and to the extent provided in, the scheme, on and from the date of coming into operation of the sanctioned scheme or any provision thereof, the property shall be transferred to, and vest in, and the liability shall become the liability of, such other company or person or, as the case may be, the sick company. (6) The Tribunal may review any sanctioned scheme and make such modifications, as it may deem fit, or may by order in writing direct company administrator, to prepare a fresh scheme providing for such measures as the company administrator may consider necessary. (7) The sanction accorded by the Tribunal under sub-section (4) shall be conclusive evidence that all the requirements of the.....
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