Bare Act Search Results

General Insurance (Emergency Provisions) Act, 1971 [Repealed] Section 3

Title: Management of Undertakings to Vest in Government on Commencement of This Act

State: Central

Year: 1971

.....(hereinafter referred to as the "authorised person"), - (a) make any payment or grant any loan otherwise than in accordance with the normal practice observed by him in respect of such matters immediately before the appointed day; (b) incur any expenditure from the assets appertaining to the undertaking otherwise than for the purpose of making routine payments of salaries or commissions to employees, insurance agents or for the purpose of meeting the routine day to day expenditure; (c) transfer or otherwise dispose of any such assets or create any charge, hypothecation, lien or other encumbrance thereon; (d) invest in any manner any moneys forming part of such assets; (e) acquire any immovable property out of any moneys forming part of such assets; (f) enter into any contract of service or agency, whether expressly or by implication, for purposes connected wholly or partly with the undertaking or vary the terms and conditions of any such contract subsisting on the appointed day; (g) enter into any other transaction relating to the undertaking of the insurer other than a contract relating to the transaction of general insurance business or vary the terms and.....

Life Insurance (Emergency Provisions) Act, 1956 Complete Act

State: Central

Year: 1956

.....all its business; (3) "Custodian" means the person appointed under section 4-to take over the management of any controlled business; (4) "Insurance Act" means the Insurance Act, 1938; (5) "insurer" means an insurer as defined in the Insurance Act who carries on life insurance business in India, and includes a provident society as defined in section 65-of the Insurance Act; (6) "notified order" means an order notified in the Official Gazette; (7) all other words and expressions used herein but not defined, and defined in the Insurance Act, shall have the meanings respectively assigned to them in that Act. SECTION 03: MANAGEMENT OF CONTROLLED BUSINESS TO VEST IN GOVERNMENT ON COMMENCEMENT OF ACT (1) On and from the appointed day, the management of the controlled business of all insurers shall vest in the Central Government, and, pending the appointment of a Custodian for the controlled business of any insurer, the persons in charge of the management of such business immediately before the appointed day shall, on and from the appointed day, be in charge of the management of the business for and on behalf of the Central Government; and controlled business of the insurer shall be.....

Life Insurance (Emergency Provisions) Act, 1956 [Repealed] Section 3

Title: Management of Controlled Business to Vest in Government on Commencement of Act

State: Central

Year: 1956

.....person), - (a) make any payment or grant any loan in respect of a policy of life insurance otherwise than in accordance with the normal practice observed by him in respect of such matters immediately before the appointed day; (b) incur any expenditure from the assets appertaining to the controlled business otherwise than for the purpose of making routine payments of salaries or commissions to employees, insurance agents, special agents or chief agents or for the purpose of meeting the routine day to day expenditure; (c) transfer or otherwise dispose of any such assets or create any charge, hypothecation, lien or other encumbrance thereon; (d) invest in any manner any moneys forming part of such assets; (e) acquire any immovable property out of any moneys forming part of such assets; (f) enter into any contract of service or agency, whether expressly or by implication, for purposes connected wholly or partly with the controlled business or vary the terms and conditions of any such contract subsisting on the appointed day; (g) enter into any other transaction relating to controlled business other than a contract relating to the issue of a new policy of life.....

General Insurance (Emergency Provisions) Act, 1971 Complete Act

State: Central

Year: 1971

.....on singly or in combination with one or more of them, but does not include capital redemption business and annuity certain business; (d) "Insurance Act" means the Insurance Act, 1938-; (e) "insurer" means an insurer, as defined in the Insurance Act-, who carries on general insurance business in India, and includes an insurer whose registration under that Act has not remained wholly cancelled for a period of six months immediately before the appointed day, but does not include the Life Insurance Corporation of India established under the Life Insurance Corporation Act, 1956-, or any State Government which carries on general insurance business; (f) "notified order" means an order notified in the Official Gazette; (g) "prescribed" means prescribed by rules made under this Act; (h) "undertaking", in relation to an insurer incorporated outside India, means the undertaking of that insurer in India; (i) words and expressions used herein but not defined, and defined inthe Insurance Act-, have the meanings respectively aligned to them in that Act. SECTION 03: MANAGEMENT OF UNDERTAKINGS TO VEST IN GOVERNMENT ON COMMENCEMENT OF THIS ACT (1) On and from the appointed day, management of the.....

The Tamil Nadu Pawn Brokers Act, 1943 Complete Act

State: Tamil Nadu

Year: 1943

THE TAMIL NADU PAWN BROKERS ACT, 1943 THE TAMIL NADU PAWN BROKERS ACT, 1943 (ACT XXIII of 1943) (as amended upto November 1995) An Act to regulate and control the business of Pawn-brokers in the State of Tamil Nadu. WHEREAS it is expedient to make provision for the regulation and control of the business of pawnbrokers in the State of Tamil Nadu. It is hereby enacted as follows : 1. Short title, extent and commencement :" (1) This Act may be called THE TAMIL NADU PAWNBROKERS ACT, 1943. (2) It extends to the whole of the State of Tamil Nadu. (3) This section shall come into force at once and the State Government may, from time to time, by notification in the (Sub. by TN Act 1 of 1994) [Tamil Nadu Government Gazette] apply the remaining provisions of this Act to the whole or any portion of the State of Tamil Nadu from such date as may be specified in the notification, and may cancel or modify any such notification. Notes : Section 1 came into force on the 23rd of November 1943 and the remaining sections applied to certain portions of the State by justifications issued from time to time. This Act was extended to the Kanyakumari District and the.....

The Orissa Cooperative Land Mortgage Bank Act, 1938 Complete Act

State: Orissa

Year: 1938

.....of powers by managing committee. 39. Managing committee's power of making regulations. 40. Amendment of section 89 of the Indian Regulation Act, 1903. Orissa Act III of 1938. THE ORISSA CO-OPERATIVE LAND MORTGAGE BANK ACT, 1938. [The assent of the Governor to the Act was published in the Orissa Gazette of the 18th March 1938.] An Act to Facilitate the Working of a Co-Operative Land Mortgage Bank in the Province of Orissa. Preamble. Bihar and Orissa Act VI of 1935. Madras Act VI of 1932. WHEREAS it is expedient to supplement the provisions of the Bihar and Orissa Co-operative Societies Act, 1935, and the Madras Cooperative Societies Act, 1932, which are in force in different parts of the Province of Orissa in order to facilitate the working of a Co-operative Land Mortgage Bank in the Province with a view to provide for the grant of long term loans to proprietors of estates and owners of land or other immovable property, to enable them to discharge their debts, to carry out agricultural improvements, to acquire land for the formation of economic holdings and other like purposes and thereby to promote thrift and self-help among them; It is hereby enacted as follows:- .....

The Punjab Restitution of Mortgaged Lands Act, 1938 Complete Act

State: Punjab

Year: 1938

THE PUNJAB RESTITUTION OF MORTGAGED LANDS ACT, 1938 THE PUNJAB RESTITUTION OF MORTGAGED LANDS ACT, 1938 PUNJAB ACT NO. 4 OF 1938 CONTENTS Section Subject 1. Short title, extent and commencement 2. Application of the Act to subsisting mortgage effected prior to 8th June, 1901 3. Definitions 4. Petition for restitution 5. Procedure for dealing with petitions for restitution 6. Petition when to be dismissed. 7. Power of the Collector to declare and enforce orders in favour of mortgagor and to grant compensation to mortgagee in certain case. 8. Effect of order of restitution, when compensation is payable. 9. Power of the Collector to eject mortgagee. 10. Appeals 10A Revision 11. Limitation of appeal. 12. Jurisdiction of Civil Courts barred. 13. Rule-making power. THE PUNJAB RESTITUTION OF MORTGAGED LANDS ACT, 1938 PUNJAB ACT NO. 4 OF 1938 [Received the assent of His Excellency the Governor on the Ist September 1938, and was first published in the PUNJAB GAZETTE.....

The Redemption of Mortgages (Punjab) Act, 1913 Complete Act

State: Punjab

Year: 1913

.....shall mean prescribed by rules made under this Act. Application of certain sections of Punjab Tenancy Act. 3. Subject to the provisions of this Act and the rules thereunder, the provisions of sections 79, 85, 86, 87, 89, 90, 91, 92 and 101, of the Punjab Tenancy Act, 1887, shall, so far as may be, apply to all proceedings of a Collector under this Act. Petition of redemption 4. The mortgagor or other person entitled to institute a suit for redemption may, at any time after the principal money becomes payable and before a suit for redemption is barred, present a petition to the Collector applying for an order directing that his mortgage be redeemed, and where the mortgage is with possession that he be put in possession of the mortgaged property. The petition shall be duly verified in the manner prescribed by law for the verification of plaints, and shalll state the sum which the petitioner declares to the best of his belief to be due under the mortgage. The petitioner shall at the same time deposit such sum with the Collector. Particulars to be contained in petition: 5. The petitioner shall state in his petition such particulars and file therewith such documents as.....

The Kerala Cooperative Land Mortgage Banks (Amendment) Act, 1983 [1] Complete Act

State: Kerala

Year: 1983

THE KERALA CO-OPERATIVE LAND MORTGAGE BANKS (AMENDMENT) ACT, 1983 [1] THE KERALA CO-OPERATIVE LAND MORTGAGE BANKS (AMENDMENT) ACT, 1983 [1] An Act further to amend the Kerala Co-operative Land Mortgage Banks Act, 1960. Preamble. "WHEREAS it is expedient further to amend the Kerala Co-operative Land Mortgage Banks Act, 1960, for the purposes hereinafter appearing; BE it enacted in the Thirty-fourth Year of the Republic of India as follows: " 1. Short title and commencement. "(1) This Act may be called the Kerala Co-operative Land Mortgage Banks (Amendment) Act, 1983. It shall come into force at once. 2. Insertion of new section 4B."After section 4A of the Kerala Co-operative Land Mortgage Banks Act, 1960 (1 of 1960) (hereinafter referred to as the principal Act), the following section shall be inserted, namely:" "4B. Issue of debentures by Board to other bodies approved by Government ."(1) Notwithstanding anything contained in section 4, the Board may with the previous sanction of the Trustee and subject to such conditions as the Government may think fit to impose, issue debentures of one or more denomination or denominations, without the security of the mortgages and.....

Securities and Exchange Board of India Act, 1992 Section 12

Title: Registration of Stock-brokers, Sub-brokers, Share Transfer Agents,etc.

State: Central

Year: 1992

.....may continue to buy or sell securities or otherwise deal with the securities market until such time regulations are made under clause (d) of sub-section (2) of section 30. (1B) No person shall sponsor or cause to be sponsored or carry on or cause to be carried on any venture capital funds or collective investment scheme including mutual funds, unless he obtains a certificate of registration from the Board in accordance with the regulations: Provided that any person sponsoring or cause to be sponsored, carrying or causing to be carried on any venture capital funds or collective investment scheme operating in the securities market immediately before the commencement of the Securities Laws (Amendment) Act, 1995 for which no certificate of registration was required prior to such commencement, may continue to operate till such time regulations are made under clause (d) of subsection (2) of section 30.] (2) Every application for registration shall be in such manner and on payment of such fees as may be determined by regulations. (3) The Board may, by order, suspend or cancel a certificate of registration in such manner as may be determined by regulations: Provided that no.....