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Home Bare Acts Phrase: minimum subscriptionCompanies Act, 1956 Section 69
Title: Prohibition of Allotment Unless Minimum Subscription Received
State: Central
Year: 1956
.....of the one hundred and thirtieth day: Provided that a director shall not be so liable if he proves that the default in the repayment of the money was not due to any misconduct or negligence on his part. (6) Any condition purporting to require or bind any applicant for shares to waive compliance with any requirement of this section shall be void. (7) This section, except sub-section (3) thereof, shall not apply in relation to any allotment of shares subsequent to the first allotment of shares offered to the public for subscription. _____________________ 1. Substituted by Act 31 of 1965, Section 9, for sub-section (4) (w.e.f. 15-10-1965). 2. Substituted by Act 53 of 2000, Section 27, for "five thousand rupees" (w.e.f. 13-12-2000).
View Complete Act List Judgments citing this sectionMinimum Wages Act, 1948 Section 3
Title: Fixing of Minimum Rates of Wages
State: Central
Year: 1948
.....the Payment of Wages Act 1936 (4 of 1936), minimum wages shall be fixed in accordance therewith. STATE AMENDMENTS Gujarat--In section 3 of the Act-- to sub-section (1A), the following proviso shall be added, namely:-- "Provided that, where the State Government had for any reason not fixed the minimum rates of wages in respect of any scheduled employment within one year from the date on which it came to a finding as aforesaid in respect of such employment, nothing contained in this sub-section shall, after the commencement of the Minimum Wages (Gujarat Amendment) Act, 1961, prevent the State Government from fixing the minimum rates of wages in respect of such employment even after the expiry of the said period of one year." [Vide Gujarat Act 22 of 1961, sec. 2 (w.e.f. 18-5-1961)] Kerala--Section 3, in its application to the fixation of minimum rates of wages in respect of employments specified in Part I and Part II of the Schedule to the Act in relation to which the appropriate government is the State Government, shall have effect in the State of Kerala subject to the amendments specified below. In sub-section (1) of section 3-- in the opening words for the.....
View Complete Act List Judgments citing this sectionMinimum Wages Act, 1948 Section 31
Title: Validation of Fixation of Certain Minimum Rates of Wages
State: Central
Year: 1948
.....which is less that the minimum rates of wages referred to in this section or by reasons of non- compliance during the period aforesaid with any order or rule under section 13. ] STATE AMENDMENTS Madhya Pradesh--After section 13 of the principal Act, add the following:-- "31A. Validation of certain minimum rates of wages.-- (1) The rates of minimum wages fixed or revised in respect of employement Nos. 2, 3, 5, 6, 7, 8 and 11 in Part I of the Schedule to the principal Act, under the Government of Madhya Pradesh. Labour Department Notification Nos. 306 to 309-XVI-58, dated the 30th December, 1958, shall be and shall always be deemed to have been validly fixed or revised and shall be deemed to have come into force on the date mentioned in the said notifications, notwithstanding any judicial decision to the contrary or any defect or irregularity in the constitution of the Advisory Board under section 7 of the principal Act read with section 9 thereof or publication of the notifications in the Gazette or non-compliance with any other requirement of law and shall not be called in question in any court merely on the ground that there was failure to comply with.....
View Complete Act List Judgments citing this sectionMinimum Wages Act, 1948 Section 5
Title: Procedure for Fixing and Revising Minimum Wages
State: Central
Year: 1948
.....clause (b) of sub- section (1), the appropriate Government shall consult the Advisory Board also. ] STATE AMENDMENTS Assam--To clause (a) of sub-section (1) of section 5 add at the end the following proviso, after adding a colon after the word "be" and deleting the comma and the word "or" namely:-- "Provided the committees and sub-committees as so appointed may advise She appropriate Government in respect of fixation of wages on interim measure after holding such preliminary enquiries as the necessary committee or the sub-committee, as the case may be, considers in this behalf and the appropriate government after considering such advise may fix the wages pending the fixation of the minimum rate of wages as required under sub-section (2), or." [Vide Assam Act 19 of 1964, sec. 2 (w.e.f 11-8-1964)] Madhya Pradesh--The M.P. Minimum Wages Fixation Act, 1962 (16 of 1962) is an Act to fix the minimum wages in certain scheduled employments and to provide for certain other matters connected therewith. Section 3 of this Act says that notwithstanding anything contained in section 5 of the principal Act of 1948 as applicable to State of Madhya Pradesh or any other provision.....
View Complete Act List Judgments citing this sectionMinimum Wages Act, 1948 Complete Act
Title: Minimum Wages Act, 1948
State: Central
Year: 1948
.....of undisbursed amounts due to employees Section22E - Protection against attachment of assets of employer with Government Section22F - Application of Payment of Wages Act, 1936, to scheduled employments Section23 - Exemption of employer from liability in certain cases Section24 - Bar of suits Section25 - Contraction out Section26 - Exemptions and exceptions Section27 - Power of State Government of add to Schedule Section27A - Protection to persons acting under the Act Section27B - Delegation of power Section28 - Power of Central Government to give directions Section29 - Power of the Central Government to make rules Section30 - Power of appropriate Government to make rules Section30A - Rules made by Central Government to be laid before Parliament Section31 - Validation of fixation of certain minimum rates of wages ScheduleI - SCHEDULE
List Judgments citing this sectionMinimum Wages Act, 1948 Section 12
Title: Payment of Minimum Rates of Wages
State: Central
Year: 1948
.....the rate so fixed or revised, were payable under this Act. or under any law or award or agreement or customs or usage for the time being in force, then, notwithstanding anything contained in this Act, wages at such higher rate shall be payable to the employees in such scheduled and the wages so payable shall be deemed to be the minimum wages for the purposes of this Act." [Vide M.P. Act 23 of 1961, sec. 6 (w.e.f. 23-6-1961)] (2) Provisions of this section shall apply to minimum rates of wages specified in section 3. [See M.P. Act 16 of 1962, sec. 4 (w.e.f. 5-8-1962)] ________________________ 1. The words "or section 10" omitted by Act 30 of 1957, section 9 w.e.f. 17-9-1957.
View Complete Act List Judgments citing this sectionMinimum Wages Act, 1948 Preamble 1
Title: Minimum Wages Act, 1948
State: Central
Year: 1948
THE MINIMUM WAGES ACT, 19481 [Act, No. 11 of 1948] [15th March, 1948] PREAMBLE An Act to provide for fixing minimum rates of wages in certain employments. WHEREAS it is expedient to provide for fixing minimum rates of wages in certain employments; It is hereby enacted as follows:-- ________________________ 1. For Statement of Objects and Reasons, see Gazette of India, 1946, Pt. V, p. 224 and for the Report of the Select Committee, see Gazette of India, 1948, Pt. V, pp. 55-58. This Act has been exended to Dadra and Nagar Haveli by Reg. 6 of 1963, section 2 and Sch. I, to pondicherry by Reg. 7 of 1963 section 3 and Sch. I and to Laccadive, Minicoy and Amindivi Islands by Reg. 8 of 1965, section 3 and Sch.
View Complete Act List Judgments citing this sectionMinimum Wages Act, 1948 Section 17
Title: Minimum Time Rate Wages for Piece Work
State: Central
Year: 1948
Where an employee is employed on piece work for which minimum time rate and not a minimum piece rate has been fixed under this Act, the employer shall pay to such employee ages at not less than the minimum time rate.
View Complete Act List Judgments citing this sectionMinimum Wages Act, 1948 Section 4
Title: Minimum Rate of Wages
State: Central
Year: 1948
.....at concession rates, where so authorised; or (iii) an all-inclusive rate allowing for the basic rate, the cost of living allowance and the cash value of the concessions, if any. (2) The cost of living allowance and the cash value of the concessions in respect of supplies of essential commodities at concession rates shall be computed by the competent authority at such intervals and in accordance with such directions as may be specified or given by the appropriate Government. STATE AMENDMENT Madhya Pradesh--(1) In its application to the State of Madhya Pradesh section 11 of the principal Act is to be renumbered as section 4A. [Vide M.P. Act 23 of 1961, sec. 21 (w.e.f. 23-6-1961)]
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Complete Act
State: Central
Year: 1956
.....the same activity as that carried on by the head office of the company; or (c) any establishment engaged in any production, processing or manufacture, but does not include any establishment specified in any order made by the Central Government under (section 8);] (10) "company" means a company as defined in (section 3); [(10A) "Company Law Board" means the Board of Company Law Administration constituted under (section 10E);] [(11) "the Court" means,- (a) with respect to any matter relating to a company (other than any offence against this Act), the Court having jurisdiction under this Act with respect to that matter relating to that company, as provided in (section 10) ; (b) with respect to any offence against this Act, the Court of a Magistrate of the First Class or, as the case may be, a Presidency Magistrate, having jurisdiction to try such offence ;] (12) "debenture" includes debenture stock, bonds and any other securities of a company, whether constituting a charge on the assets of the company or not; [(12A) "depository" has the same meaning as in the (Depositories Act, 1996) (22 of 1996); (12B) "derivative" has the same meaning as in clause (aa) of (S.2.....
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