Bare Act Search Results

Food Corporations Act, 1964 Chapter III

Title: Boards of Management

State: Central

Year: 1964

.....after consultation with a Board of Management, appoint such staff as it considers necessary to enable that Board to perform its functions under this Act. (8) The Board of Management may, by order in writing, authorise any one or more of its members to exercise and perform, subject to such conditions and limitations, if any, as may be specified in the order, such of its powers and functions as it may think fit. (9) The Board of Management shall follow such procedure as may be provided by regulations made by the Food Corporation of India under this Act. (10) Where a Board of Management has been established- (i) for a State, or (ii) for two or more States, then such Board shall stand dissolved- (a) in the case referred to in clause (i), on the establishment of a Food Corporation for that State, and (b) in the case referred to in clause (ii), on the establishment of such Corporation for any one or more of such States. (11) Where a Board of Management stands dissolved under clause (b) of sub-section (10), the Central Government may establish a new Board of Management for the State or States for which no Food Corporation has been established. (12) The expenses of the.....

Food Corporations Act, 1964 Section 16

Title: Boards of Management, their Constitution and Functions

State: Central

Year: 1964

.....after consultation with a Board of Management, appoint such staff as it considers necessary to enable that Board to perform its functions under this Act. (8) The Board of Management may, by order in writing, authorise any one or more of its members to exercise and perform, subject to such conditions and limitations, if any, as may be specified in the order, such of its powers and functions as it may think fit. (9) The Board of Management shall follow such procedure as may be provided by regulations made by the Food Corporation of India under this Act. (10) Where a Board of Management has been established- (i) for a State, or (ii) for two or more States, then such Board shall stand dissolved- (a) in the case referred to in clause (i), on the establishment of a Food Corporation for that State, and (b) in the case referred to in clause (ii), on the establishment of such Corporation for any one or more of such States. (11) Where a Board of Management stands dissolved under clause (b) of sub-section (10), the Central Government may establish a new Board of Management for the State or States for which no Food Corporation has been established. (12) The expenses of the.....

Taxation Laws (Continuation and Validation of Recovery Proceedings) Act, 1964 Complete Act

State: Central

Year: 1964

.....any tax, duty, penalty, fine, interest, annuity deposit or any other sum payable to the Government by an assessee under that Act; (c) "scheduled Act" means an Act specified in the Schedule; (d) "Taxing Authority", in relation to any scheduled Act, means an officer (by whatever name called) empowered to serve upon an assessee a notice of demand in respect of any Government dues under that Act; (e) "Tax Recovery Officer", in relation to any scheduled Act, means a Tax Recovery Officer as defined in that Act and where there is no such definition, means an officer (by whatever name called) to whom a certificate for the recovery of arrears of Government dues may be issued under that Act. SECTION 03: CONTINUATION AND VALIDATION OF CERTAIN PROCEEDINGS (1) Where any notice of demand in respect of any Government dues is served upon an assessee by a Taxing Authority under any scheduled Act, and any appeal or other proceeding is filed or taken in respect of such Government dues, then,- (a) where such Government dues arc enhanced in such appeal or proceeding, the Taxing Authority shall serve upon the assessee another notice of demand only in respect of the amount by which such Government.....

Food Corporations Act, 1964 Complete Act

State: Central

Year: 1964

.....Government in this behalf against stocks of food grains or other foodstuffs held by it for the purpose of carrying out its functions under the Act. The provisions of the Act do not permit a Food Corporation borrow funds from other sources or to issue and sell bonds or debentures. 2. The Food Corporations do not generate any internal resources. They require funds both for working capital requirements as well as for investment purposes. At present, the funds are being provided by only the Government and the banking section. It is proposed to diversify the sources of financing. 3. It is, therefore proposed to amend section 27of the Food Corporations. Act, 1964 (37 of 1964) to enable a Food Corporation to raise funds, as and when required, for its operational as well as investment requirements by the issue of bonds and debentures and also by borrowings from the Central and State Government institutions or public sector enterprises or bodies or from public or corporate sector, on such terms, and conditions as may be approved by the Central Government. 4. The Bill seeks to achieve the above objective. Gaz. of Ind., 21-4-87., Pt. II S. 2 F.xt., P. 3 (No. 15). Prefatory.....