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Start Free TrialExport-import Bank of India Act, 1981 Chapter 6
Title: Export Development Fund
State: Central
Year: 1981
.....Export Development Fund shall be credited- (a) all amounts received for the purposes of that Fund by way of loans, gifts, grants, donations or benefactions from Government or any other source in or outside India; (b) repayments or recoveries in respect of loans, advances or other facilities granted from the Fund; (c) income or profits from investments made from the Fund; and (d) income accruing or arising to the Fund by way of interest or otherwise, on account of the application of the Fund in accordance with the provisions of section 17. Section 17 - Utilisation of Export Development Fund (1) Where the Exim Bank considers it necessary or desirable so to do, it may, subject to the provisions of sub-sections (2) and (3), disburse or spend from the Export Development Fund any amount an account or in consequence of the grant of any loan or advance, or on account or in consequence of entering into any arranagement under sub-section (1) or clause (b) or clause (c) or clause (d) or clause (q) or clause (r) or clause (s) or clause (w) or clause (x) of sub-s. (2) of section 10: Provided that before granting any such loan or advance or entering into any such arrangement, the.....
View Complete Act List Judgments citing this sectionAgricultural and Processed Food Products Export Development Authority Act, 1985 Chapter II
Title: Agricultural and Processed Food Products Export Development Authority
State: Central
Year: 1985
..... (g) the promotion of export oriented production and development of the Scheduled products ; (h) the collection of statistics from. the owners of factories or establishments engaged in the production, processing, packaging, marketing or export of the Scheduled products or from such other persons as may be prescribed on any matter relating to the Scheduled products; and the publication of the statistics so collected, or of any portions thereof or extracts there from; (i) the training in various aspects of the industries connected with the Scheduled products; (j) such other matters as may be prescribed. 1[10A. Functions in respect of Special products, etc.- Without prejudice to any law for the time being in force, it shall be the duty of the Authority to undertake, by such measures as may be prescribed by the Central Government for registration and protection of the Intellectual Property rights in respect of Special products in India or outside India. Explanation.-- For the purpose of this section "Intellectual Property" means any right to intangible property, namely, trade marks, designs, patents, geographical indications or any other similar intangible property, under.....
View Complete Act List Judgments citing this sectionSugar Export Promotion Act, 1958 Section 8
Title: Sale by Export Agency of Sugar Delivered
State: Central
Year: 1958
(1) The export agency shall take all practical measures to export sugar delivered to it under this Act: Provided that if the export agency is of opinion that having regard to the quality of the sugar delivered to it by any owner, or to the expenses involved in transporting the sugar from one place to another or to the delay likely to be involved in exporting it, or to the conditions prevailing in the markets for sugar, whether in or out of India or to any other relevant circumstances, it is expedient so to do, the export agency may sell the whole or any part of the sugar in India and may, if it thinks fit, purchase such quantity of sugar as it may consider necessary for export at the appropriate time. (2) For the purposes of sub-section (1), the export agency may itself sell sugar or permit the owner to sell the whole or any part of the export quota in his custody at a price approved by it on condition that the sale proceeds are payable to it.
View Complete Act List Judgments citing this sectionMarine Products Export Development Authority Act, 1972 Chapter II
Title: Marine Products Export Development Authority
State: Central
Year: 1972
.....exercise such of the powers and perform such of the functions of the Chairman as may be prescribed or as may be delegated to him by the Chairman. Section 5 - Acts or proceedings of Authority or its Committees not to be invalidated No act or proceeding of the Authority or any Committee appointed by it under section 8, shall be invalidated merely by reason of-- (a) any vacancy in, or any defect in the constitution of, the Authority or such Committee; or (b) any defect in the appointment of a person acting as a member of the Authority or such Committee; or (c) any irregularity in the procedure of the Authority or such Committee not affecting the merits of the case. Section 6 - Salary and allowances of Chairman The Chairman shall be entitled to such salary and allowances and such conditions of service in respect of leave, pension, provident fund and other matters as may, from time to time, be fixed by the Central Government. Section 7 - Executive Officers of the Authority and other staff (1) The Central Government shall appoint a Director of Marine Products Export Development to exercise such powers and perform such duties under the Chairman as may be prescribed or.....
View Complete Act List Judgments citing this sectionExport-import Bank of India Act, 1981 Complete Act
Title: Export-import Bank of India Act, 1981
State: Central
Year: 1981
.....Defects in appointments not to invalidate acts, etc Section32 - Arrangement with Exim Bank on appointment of directors to prevail Section33 - Indemnity of directors Section34 - Protection of action taken in good faith Section35 - Act 18 of 1891 to apply in relation to Exim Bank Section36 - Section 34A and section 36AD only of Act 10 of 1949 to apply to Exim Bank Section37 - Act 43 of 1961 and Act 7 of 1964 not to apply to Exim Bank Section38 - Liquidation of Exim Bank Section39 - Power to make regulations Section40 - Amendment of certain enactments Section41 - Power to remove difficulty Schedule - FIRST SCHEDULE Schedule - SECOND SCHEDULE Amending Act1 - BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) AND FINANCIAL INSTITUTIONS LAWS (AMENDMENT) ACT, 2006
List Judgments citing this sectionAgricultural and Processed Food Products Export Development Authority Act, 1985 Amending Act 1
Title: Agricultural and Processed Food Products Export Development Authority (Amendment) Act, 2009
State: Central
Year: 1985
.....2.-- In the Agricultural and Processed Food Products Export Development Authority Act, 1985(2 OF 1986) (hereinafter referred to as the principal Act), in section 2,-- (a) in clause (g), for the words "Scheduled products", the words "Scheduled products or, as the case may be, Special products" shall be substituted; (b) in clause (i), for the words "the Schedule", the words "the First Schedule" shall be substituted; (c) after clause (i), the following clause shall be inserted, namely:-- (j) "Special product" means any of the agricultural or processed food products included in the Second Schedule.'. 3. Substitution of new section for section 3 For section 3 of the principal Act, the following section shall be substituted, lamely:-- "3. Power to amend the Schedule - The Central Government may, having regard to the objects to this Act, and if it considers necessary or expedient so to do, by notification in the Official Gazette, add to, or, as the case may be, omit from, the First Schedule or the Second Schedule any agricultural or processed food product and on such addition, or as the case may be, omission, such product shall be, or shall cease to be, a Scheduled.....
View Complete Act List Judgments citing this sectionSugar Export Promotion Act, 1958 Complete Act
Title: Sugar Export Promotion Act, 1958
State: Central
Year: 1958
Preamble1 - SUGAR EXPORT PROMOTION ACT, 1958 Section1 - Short title and extent Section2 - Definitions Section3 - Export agency Section4 - Fixation of quantity of sugar for purposes of export Section5 - Export quotas for factories Section6 - Liability of owner to deliver export quota to export agency Section7 - Levy of additional excise duty on sugar Section8 - Sale by export agency of sugar delivered Section9 - Payments to owners in respect of sugar delivered Section10 - Power of Central Government to give directions Section11 - Delegation of powers Section12 - Protection of action taken under Act Section13 - Power to make rules Section14 - Repeal and saving
List Judgments citing this sectionAgricultural and Processed Food Products Export Development Authority Act, 1985 Complete Act
Title: Agricultural and Processed Food Products Export Development Authority Act, 1985
State: Central
Year: 1985
.....Section21 - Penalty for making false reports Section22 - Penalties for obstructing a member or officer of the Authority in the discharge of his duty and for failure to produce books and records Section23 - Other penalties Section24 - Offences by companies Section25 - Jurisdiction of court Section26 - Previous sanction of the Central Government Section27 - Protection of action taken in good faith Section28 - Power to delegate Section29 - Suspension of operation of this Act Section30 - Application of other laws not barred Section31 - Power to make rules Section32 - Power to make regulations Section33 - Rules and regulations to be laid before Parliament Section35 - Validation ScheduleI - FIRST SCHEDULE ScheduleII - SECOND SCHEDULE Amending Act1 - AGRICULTURAL AND PROCESSED FOOD PRODUCTS EXPORT DEVELOPMENT AUTHORITY (AMENDMENT) ACT, 2009
List Judgments citing this sectionExport-import Bank of India Act, 1981 Section 19
Title: Accounts and Audit of Export Development Fund
State: Central
Year: 1981
.....or accounts in respect of the concerned years.] (3) The Export Development Fund shall be audited by one or more auditors appointed by the Central Government under section 24 who shall make a separate report thereon. (4) The provisions of sub-sections (2), (3), (4) and (6) of section 24 shall, so far as may be, apply in relation to the audit of the Export Development Fund. (5) The Exim Bank shall furnish to the Central Government, within four months from the date on which the accounts of the Export Development Fund are closed and balanced, a copy of the balance-sheet and accounts together with a copy of the auditors' report and a report on the operation of the Fund during the relevant year and the Central Government shall, as soon as may be after they are received by it, cause the same to be laid before each House of Parliament. ________________________ 1. Inserted by Banking, Public Financial Institutions and Negotiable Instruments (Amendment) Act, (66 of 1988), S. 40 (30-12-88). 2. 31st March in each year is the due date specified for purposes of S. 19(2)
View Complete Act List Judgments citing this sectionExport-import Bank of India Act, 1981 Preamble 1
Title: The Export-import Bank of India Act, 1981
State: Central
Year: 1981
THE EXPORT-IMPORT BANK OF INDIA ACT, 1981 [Act, No. 28 of 1981] [11th September, 1981] PREAMBLE An Act to establish a corporation to be known as the Export-Import Bank of India for providing financial assistance to exporters and importers, and for functioning as the principal financial institution for co-ordinating the working of institutions engaged in financing export and import of goods and services with a view to promoting the country's international trade and for matters connected therewith or incidental thereto. BE it enacted by Parliament in the Thirty-second Year of the Republic of India as follows:-
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