Bare Act Search Results

General Insurance Business (Nationalisation) Act,1972 Chapter VII

Title: Miscellaneous

State: Central

Year: 1972

.....as it may direct. Section 34 - Reference to existing insurer in other laws Any reference to an existing insurer in any law other than this Act or any contract or other instrument shall, in so far as it relates to an acquiring company, be construed as a reference to that company. Section 35 - Application of Insurance Act Subject to such exceptions, restrictions and limitations, if any, as the Central Government may, by Notification, specify in this behalf, the Insurance Act shall apply to or in relation to the Corporation and every acquiring company as if the Corporation or the acquiring company, as the case may be, were an insurer carrying on general insurance business within the meaning of that Act. Section 35A - [Omitted] 1[ ***] _________________________ 1. Section 35A inserted by Act 26 of 1988, section (w.r.e.f. 1-4-1988) and omitted by Act 20 of 2002, section 158 (w.e.f. 1-6-2002). Section 36 - Exemptions (1) Nothing contained in this Act shall apply in relation to-- (a) any general insurance business carried on by a State Government, to the extent to which such insurance relates to properties belonging to it or undertakings owned wholly or.....

General Insurance Business (Nationalisation) Act,1972 Section 36

Title: Exemptions

State: Central

Year: 1972

.....before or after the appointed day, carries on only such general insurance business as is not carried on ord inarily by insurers, it may, by notification, direct that nothing contained in this Act sh all apply to such insurer. _________________________ 1. Any reference to the Deposit Insurance Corporation be constructed as a reference to the Deposit Insurance and Credit Guarantee Corporation (w.e.f. 15-7-1978) vide section 8 of the Deposit Insurance Corporation (Amendment and Miscellaneous Provisions) Act, 1978 (21 of 1978). 2. By section 8 of the Deposit Insurance Corporation (Amendment and Miscellaneous Provisions) Act, 1978 (21 of 1978) nomenclature of the Act has been amended. Now it stands as the Deposit Insurance and Credit Guarantee Corporation Act, 1961 (47 of 1961).

Finance Act 1972 Section 58

Title: Amendment of Section 25

State: Central

Year: 1972

In section 25 of the Companies (Profits) Surtax Act, in sub-section (2), after clause (c), the following clause shall be inserted, namely :- "(cc) the circumstances in which, the conditions subject to which and the manner in which, the Appellate Assistant Commissioner may permit an appellant to produce evidence which he did not produce or which he was not allowed to produce before the Income-tax Officer;". Miscellaneous

Architects Act, 1972 Complete Act

State: Central

Year: 1972

.....Twenty-third Year of the Republic of India as follows:- CHAPTER 01: PRELIMINARY SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT - (1) This Act may be called THE ARCHITECTS ACT, 1972. (2) It extends to the whole of India. (3) It shall come into force on such date1as the Central Government may by notification in the Official Gazette, appoint. SECTION 02: DEFINITIONS - In this Act, unless the context otherwise requires,- (a) "architect" means a person whose name is for the time being entered in the register; (b) "Council" means the Council of Architecture constituted undersection 3-; (c) "Indian Institute of Architects" means the Indian Institute of Architects registered underthe Societies Registration Act, 1860; (d) "recognised qualification" means any qualification in architecture for the time being included in the Schedule or notified undersection 15-; (e) "register" means the register of architects maintained undersection 23-; (f) "regulation' means a regulation made under this Act by the Council; (g) "rule" means a rule made under this Act by the Central Government. CHAPTER 02: COUNCIL OF ARCHITECTURE SECTION 03: CONSTITUTION OF COUNCIL OF.....

General Insurance Business (Nationalisation) Act,1972 Chapter I

Title: Preliminary

State: Central

Year: 1972

This Act may be called the General Insurance Business (Nationalisation) Act, 1972. Section 2 - Declaration as to the policy of the State It is hereby declared that this Act is for giving effect to the policy of the State towards securing the principles specified in clause (c) of article 39 of the Constitution. Explanation.-- In this section "State" has the same meaning as in Article 12 of the Constitution. Section 3 - Definitions In this Act, unless the context other wise requires,-- (a) "acquiring company" me ans any Indian insurance company and, where a scheme has been framed involving the me rger of one Indian insurance company in another or the amalgamation of two or more such companies me ans the Indian insurance company in which any other company has been me rged or the company which has been formed" as a result of the amalgamation; (b) "appointed day" me ans such day1not being a day later than the 2 nd day of January, 1973 , as the Central Government may by notification appoint; (c) "Companies Act" me ans the Companies Act, 1956 (1 of 1956) ; (d) "Corporation" me ans the General Insurance Corp oration of India formed under section 9 ; (e) "existing.....

General Insurance Business (Nationalisation) Act,1972 Section 3

Title: Definitions

State: Central

Year: 1972

.....Act, sh all have the me anings respectively assigned to them in that Act; (q) words and expressions used in this Act but not defined herein or in the Insurance Act and defined in the Companies Act, sh all have the me anings respectively assigned to them in the Companies Act. ________________________ 1. 1 - 1 - 1973, vide Notification No. S.O. 724 (E), dated the 24th November, 1972, published in the Gazette of India, Extra., Pt. II, section 3 (ii), p. 1979. 2. Now stands repealed by the Insurance Laws (Transfer of Business and Emergency Provisions) Repeal Act, 2001 (11 of 2001), section 4 (w.e.f. 9-5-2001). 3. Inserted by Act 3 of 1985, section 2 (w.r.e.f. 17-9-1984).

Pondicherry Courtfees and Suits Valuation Act, 1972 Complete Act

State: Central

Year: 1972

.....SECTION 21 : Fees to be computed to the nearest multiple of five paise In the determination and computation of the amount of fee payable under this Act any fraction of five paise less than two and a half paise shall be disregarded and any fraction of five paise equal to, or exceeding two and a half paise shall be regarded as five paise. SECTION 22 : Suits for money In a suit for money (including a suit for damage compensation, or arrears of maintenance, of annuities, or of other sums payable periodic fee shall be computed on the amount claimed. SECTION 23 : Suits for maintenance and annuities In the suits hereinafter mentioned, fee shall be computed as follows:- (a) in a suit for maintenance, on the amount claimed to be payable for one year; (b) in a suit for enhancement or reduction of maintenance, on the amount by which the annual maintenance is sought to be enhanced or reduced; (c) in a suit for annuities or other sums payable periodically, on five times the amount claimed to be payable for one year: Provided that, where the annuity is payable for less than five years, the fee shall be computed on the aggregate of the sums payable: Provided further that a suit for.....

Finance Act 1972 Chapter III

Title: Direct Taxes-income-tax

State: Central

Year: 1972

.....: Provided that no deduction shall be made under this section from any payment made before the 1st day of June, 1972. 194C. Payments to contractors and sub-contractors. - (1) Any person responsible for paying any sum to any resident (hereafter in this section referred to as the contractor) for carrying out any work (including supply or labour for carrying out any work) in pursuance of a contract between the contractor and - (a) the Central Government or any State Government; or (b) any local authority; or (c) any corporation established by or under a Central, State or provincial Act; or (d) any company, shall, at the time of credit of such sum to the account of the contractor or at the time of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier, deduct an amount equal to 2 per cent. of such sum as income-tax on income comprised therein. (2) Any person (being a contractor and not being an individual or a Hindu undivided family) responsible for paying any sum to any resident (hereafter in this section referred to as the sub-contractor) in pursuance of a contract with the sub-contractor for carrying out, or for the.....

Coking Coal Mines (Nationalisation) Act, 1972 Complete Act

State: Central

Year: 1972

.....suitable notifications if the power In this regard is vested in the Government. In course of the adminstration of the coking coal mines,since the enactment of the 1972 Act. it has been noticed that the previous owners had accumulated large arrears towards workers dues in the shape of contributions to provident fund, wages and other dues. It is proposed to vest the Commissioner of payments appointed underS. 20of that Act with the authority to deduct arrears of wages, employers share of the provident fund contribution, pension fund, gratuity fund or other funds established for the welfare of workers out of the amount payable to the owners specified in the first and second Schedules of the Coking Coal Mines (Nationalisation) Act, 1972, with priority over all other dues, whether secured or unsecured. The relevant clauses of the Bill or in conformity with similar provisions of theCoal Mines (Nationalisation) Act, 1973. Since it may not be possible for a large body of workmen or their dependents to make claims before the Commissioner, both the Acts are being amended with a view to empowering the Coal Mines Provident Fund Commissioner to make the claims on behall of the workmen. It is.....

General Insurance Business (Nationalisation) Act, 1972 Complete Act

State: Central

Year: 1972

.....Companies Act; (i) "Indian insurance company" means an existing insurer having a share capital who is a company within the meaning of the Companies Act; (j) "Insurance Act" means the Insurance Act, 1938; (k) Life Insurance Corporation" means the Life Insurance Corporation of India established under the Life Insurance Corporation Act, 1956; (l) "notification" means a notification published in the Official Gazette; (m) "prescribed" means prescribed by rules made under this Act; (n) "Schedule" means the Schedule to this Act; (o) "scheme" means the scheme framed under section 16-3[and also includes a scheme framed under section 17A-]; (p) words and expressions used in this Act but not defined herein and defined in the Insurance Act, shall have the meanings respectively assigned to them in that Act; (q) words and expressions used in this Act but not defined herein or in the Insurance Act and defined in the Companies Act, shall have the meanings respectively assigned to them in the Companies Act. Clause 3.- "The Committee feel that the Act should be made effective as early as possible and, for that purpose, there should be an overall time limit beyond which the implementation of the.....