Bare Act Search Results

Electricity Supply Undertakings (Acquisition) Act, 1974 Section 5

Title: Amount to Be Given to Companies

State: Karnataka

Year: 1974

.....the same proportion as the sum due bears to thetotal sum of the instalments; (viii) any sum paid actually by the company in respect of every contractreferred to in section 6 (1) (iii). 1 [(ix) a sumequal to ten percent of the aggregate of the amounts specified in clauses (i)to (vi), in consideration of the compulsory nature of acquisition;] Explanation.-(a) For the purposes of thissub-section the book value of any fixed asset means its original cost, andshall comprise,- (i) the purchase price paid by the company for the asset, including thecost of delivery and all charges properly incurred in erecting and bringing theasset into beneficial use as shown in the books of the undertaking; (ii) interest charges on capital expenditure incurred from borrowedmoney and shown in the books of the undertaking as properly attributable to theasset up to the date of bringing it into beneficial use, at a rate notexceeding six percent per annum; (iii) cost of supervision actually incurred, but not exceeding fifteenpercent of the sum referred to in paragraph (i). (b) Where any asset was acquired after the expiry of the period to whichthe latest annual account relates, or where no.....

Electricity Act, 1910 Complete Act

State: Central

Year: 1910

.....sub-section (1)]. And before exercising any of the powers conferred on him thereby in relation to the execution of works,- (i) to show, to the satisfaction of the 28[State Government], that he is in a position fully and efficiently to discharge the duties and obligations imposed on him by his licence, or (ii) to make the deposit or furnish the security required by his licence; (d)30[where in the opinion of the State Government the financial position of the licence is such that he is unable] fully and efficiently to discharge the duties and obligations imposed on him by his licence; 31[(e) where a licensee, in the opinion of the State Government, has made default in complying with any direction issued under Sec. 22-A-.] 32[(2) Where in its opinion the public interest so permits, the State Government may, on the application or with the consent of the licensee, and after consulting the State Electricity Board, and the Central Government where the Government is interested, and if the licensee is not a local authority, after consulting local authority, if any, concerned, revoke a licence as to the whole or any part of the area of supply upon such terms and conditions as it thinks.....

The Indian Electricity (Haryana Amendment) Act, 1987 Complete Act

State: Haryana

Year: 1987

.....title. 1. This Act may be called the Indian Electricity (Haryana Amendment) Act, 1987. Amendment of section 5 of Central Act 9 of 1910. 2. In sub-section (2) of section 5 of the Indian Electricity Act, 1910 (hereinafter referred to as the principal Act), for the words "provisions of sub-section (1) and (2) of section 7-A, or as the case may be, sub-section (3) o that section", the words "provisions of sections 7 and 7-A" shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 1960. Amendment of section 6 of Central Act 9 of 1910. 3. In sub-section (7) of section 6 of the principal Act, the words "of subsection (4)" shall be omitted and shall be deemed to have been omitted with effect from the 1st day of April, 1960. Substitution of section 7-A of Central Act 9 of 1910. 4. For section 7-A of the principal Act, the following section shall be substituted and shall be deemed to have been substituted with effect from the 1st day of April, 1960 and any proceedings pending before any court or before the arbitrator or umpire shall cease and of no effect namely- "7-A Determination of purchase money.- (1) Where an undertaking on a.....

The Kerala State Aid to Industries Act, 1963 Complete Act

State: Kerala

Year: 1963

.....any specific development programme; (5)˜cottage industry' means an industrial business or enterprise carried on in any premises to which the Factories Act, 1948 (Central Act 63 of 1948), does not apply, and includes dairy farming, bee-keeping and keeping a poultry farm; (6)˜small scale industry' means an industrial business or enterprise the capital invested in which does not exceed five lakhs of rupees; (7)˜village industry' means any industry which forms the normal occupation, whether whole-time or part-time, of any class of the rural population of the State; (8)˜machinery' includes plant, apparatus, tools and other appliances required for the purpose of carrying on any industrial operation or process; (9)˜owner' means the person who owns any industrial undertaking and includes the successor-in-interest of such person in respect of such undertaking; (10)˜prescribed' means prescribed by rules made under this Act; (11)˜State means the State of Kerala; (12)˜State aid' means any aid given by or on behalf of the Government under the provisions of this Act and the rules, if any, made thereunder. CHAPTER II The State aid to.....

The Madras Electricity Supply Undertakings (Acquisition) Act, 1954 Complete Act

State: Kerala

Year: 1954

.....nor shall the service of such notice be deemed to prevent the Government from taking any proceeding de novo in respect of the undertaking under this Act. Section 4 - Power of Government to take over any undertaking (1) The Government may, in respect of any undertaking not taken over by them before the commencement of this Act, by order in writing, declare that it shall vest in them on the date specified therein, such date not being earlier than four months from the date of the declaration: Provided that the Government may, from time to time, postpone such date, so however that the postponed date shall not be later than one year from the date originally fixed. (2) Every order under sub-section (1) shall be served on the licensee in the prescribed manner and shall also be published in such manner as the Government think fit. Section 5 - Compensation payable to a licensee (1) The compensation payable to a licensee, on whom an order has been served under section 4 or whose undertaking has been taken over before the commencement of this Act, shall be determined under any one of the Basis A, B and C specified below, as may be chosen under section 8. (1) Basis A.- (i).....

The Madras Race Club (Acquisition and Transfer of Undertaking) Act 1986 Complete Act

State: Tamil Nadu

Year: 1986

.....betting; AND WHEREAS it has been brought to the notice of the Government that the Committee of management of the Madras Race Club is ridden with factions and that the affairs of the said Club are not conducted properly and in particular in the interests of the race going public; AND WHEREAS instances of irregularities and malpractices in the conduct of the horse races have been brought to the notice of the Government: AND WHEREAS it has been brought to the notice of the Government that the book-makers keep huge amounts of bet from records causing substantial loss of revenue to the Government: AND WHEREAS the Government are satisfied that the Madras Race Club is being mismanaged and that the interests of the race-going public have been affected considerably: AND WHEREAS the irregularities and malpractices in the conduct of the races and in the conduct of the affairs of the Madras Race Club have resulted in the concentration of wealth and means of production in a few hands, and to the common detriment; AND WHEREAS with reference to clauses (b) and (c) of Article 39 of the Constitution, it is expedient to provide that the ownership and control of the material.....