Bare Act Search Results

Major Port Trusts Act, 1963 Section 85

Title: Power of Board to Take Temporary Loans or Overdrafts

State: Central

Year: 1963

Notwithstanding anything contained in this Act, a Board may borrow moneys by means of temporary overdraft or, otherwise by pledging the securities held by the Board in its reserve funds or on the security of the fixed deposits of the Board in its banks: Provided that such temporary overdrafts or other loans-- (a) shall not at any time have a longer currency than six months; and (b) shall not be taken, without the previous sanction of the Central Government, if at any time in any year the amount of such overdrafts or other loans exceeds1[such amount as the Central Government may fix in this behalf and different amounts may be fixed with respect to different Boards]: Provided further that all moneys so borrowed by temporary overdrafts or otherwise shall be expended for the purposes of this Act. ________________________ 1 . Substituted for the words "such amount not exceeding ten lakhs of rupees, as the Central Government may fix in this behalf" by the Major Port Trusts (Amendment) Act (17 of 1982), Section 14(31-5-1982).

Banking Regulation Act, 1949 Complete Act

State: Central

Year: 1949

.....in recent years in banking, especially the rapid growth of banking resources and of the number of banks and branches. Regard must also be had to the fact that the banking system is likely in the post-war period to be more vulnerable by reason of the great expansion, both quantitatively and relatively that has taken place in demand deposits, as compared with time deposits, during the war years. The enactment of a separate comprehensive measure has in consequence now become imperative. 2. With this object in view. a Bill to amend the law relating to Banking Companies was introduced in the Legislative Assembly in November. 1944 and was subsequently circulated for eliciting public opinion through the Provincial Governments, In the ensuing Budget Session of the Assembly the Bill was referred to a Select Committee which was due to meet in October, 1945. but it lapsed before its consideration by the Committee. A fresh Bill with certain modifications which suggested themselves on consideration of the opinions and criticisms received on the 1944 Bill was introduced in the Legislative Assembly in March 1946 and was referred to a Select Committee in April 1946. The report of the Select.....

The Major Port Trusts Act, 1963 Complete Act

State: Kerala

Year: 1963

.....for any injury, damage or loss caused or alleged to have been caused by an order made under sub-section (1). (3) If it is proved to the satisfaction of the Board that any such wharf, dock, berth, quay, stage, jetty or pier, was made, fixed or erected by any person with the previous permission of the authority competent to grant such permission, he shall be paid by the Board compensation the amount of which shall be determined in the manner and in accordance with the principles hereinafter set out, that is to say- (a) in computing the compensation, there shall not be taken into account any rates or other charges which such person shall be liable to pay for using an wharf, dock, berth, quay, stage, jetty or pier provided by the Board; (b) the amount of compensation shall be calculated with reference to the cost of construction of such wharf, dock, berth, quay, stage, jetty or pier; (c) where the amount of compensation can be fixed by agreement, it shall be paid in accordance with such agreement; (d) where no such agreement can be reached, the Central Government shall appoint as arbitrator, a person who is, or has been, or is qualified for appointment as, a Judge of.....

Major Port Trusts Act, 1963 Chapter VII

Title: Borrowing Powers of Board

State: Central

Year: 1963

.....person to whom, but for the loss, theft or destruction, it would be payable, he may, on application to the Board and on producing proof to its satisfaction of the loss, theft or destruction and of the justice of the claim and on payment of such fee, if any, as may be prescribed by regulations, obtain from the Board' an order for-- (a) the payment of interest in respect of the security said to be lost, stolen or destroyed, pending the issue of a duplicate security; and (b) the issue of a duplicate security payable to the applicant. (2) An order shall not be passed under sub-section (1) until after the issue by the Board of the prescribed notification of the loss, theft or destruction. (3) A list of the securities in respect of which an order is passed under sub-section (1) shall be published in such manner as the Board may prescribe. (4) If at any time before the Board becomes discharged under the provisions of this Act from liability in respect of any security, the whole of which is alleged to have been lost, stolen or destroyed, such security is found, any order passed in respect there'of under this section shall be cancelled. Section 74 - Issue of converted, etc.,.....

Major Port Trusts Act, 1963 Complete Act

State: Central

Year: 1963

.....been agitating for some time that they should have a direct voice in the administration of those ports. 4. In the circumstances and in view of the fact that statutory Port Trusts have successfully administered the three older ports of Calcutta. Bombay and Madras for many years, it is proposed to constitute Port Trusts at Visakhapatnam, Cochin and Kandia also. Provision has also been made for the extension of the Act, by notification. to any other port which may be declared as a major port in future. The Bill ccks to give effect to these proposals. Notes on clauses explain in detail the various provisions of the Bill-Gaz. of Ind.. Pt. 11-S.2. Extra.. p. 1 128. Amendment Act, 29 of 1974:- At present the ports of Bombay, Calcutta and Madras are governed by the Bombay Port Trust Act, 1879, the Calcutta Port Act. 1890 and the Madras Port Trust Act. 1905 respecti^ly. The remaining ports ofVisakhapatnam, Paradip, Cochin. Mormugao and Kandala are governed by the Major Port Trusts Act, 1963. The Commission on Major Ports constituted by the Government of India in 1968 to'make u comprehensive study of the Major Ports in the country observed that the Acts governing the ports of Bombay......

Maharashtra Maritime Board Act, 1996 Complete Act

State: Maharashtra

Year: 1996

.....for any injury, damage or loss caused or alleged to have been caused by an order made under sub-section (1). (3) If it is proved to the satisfaction of the Board that any such wharf, dock, berth, quay, stage, jetty, pier or place of anchorage, was made, fixed or erected by any person with the previous permission of the authority competent to grant such permission, he shall be paid by the Board compensation, the amount of which shall be determined in the manner and in accordance with the principles hereinafter set out, that is to say:- (a) in computing the compensation, there shall not be taken into account any rates or other charges which such person shall be liable to pay for using any wharf, dock, berth, quay, stage, jetty, pier or place of anchorage, provided by the Board. (b) the amount of compensation shall be calculated with reference to the cost of construction of such wharf, dock, berth, quay, stage, jetty, pier or place of anchorage; (c) where the amount of compensation can be fixed by agreement, it shall be paid in accordance with such agreement; (d) where no such agreement can be reached, the State Government shall appoint as an arbitrator, a person who is, or.....

West Bengal Maritime Board Act, 2000 Complete Act

State: West Bengal

Year: 2000

.....for any injury, damage or loss caused, or alleged to have been caused, by an order made under sub-section (1). (3) If it is proved to the satisfaction of the Board that any such wharf, dock, quay, stage, jetty, pier, or place of anchorage, was made, fixed or erected by any person with the previous permission of any authority competent to grant such permission, he shall be paid by the Board compensation, the amount of which shall be determined in the manner and in accordance with the principles provided in sub-section (4). (4) (a) In computing the compensation referred to in sub-section (3), there shall not be taken into account any rates or other charges which the person referred to in sub-section (3) shall be liable to pay for using any wharf, dock, quay, stage, jetty, pier, or place of anchorage provided by the Board (b) The amount of compensation shall be calculated with reference to the cost of construction of such wharf, dock, quay, stage, jetty, pier, or place of anchorage. (c)The amount of compensation may be fixed by agreement and, in such case, the compensation shall be paid in accordance with such agreement. (d)Where there is no such agreement, the State.....

Capital Issues (Control) Act, 1947 Complete Act

State: Central

Year: 1947

.....addresses, if different. 6. Present Business.-Describe fully the company's present or proposed lines of business according to the location of its factories. (Mere reference to the objective stated in the Memorandum of Association will not be acceptable). 7. Previous Applications.-Give particulars under the headings as detailed below as separate annexure of any application previously made to the Government of India since 17th May, 1943 or to the Government of any former State in this connection by or on behalf of the same parties. (a) Date of application. (b) Number and date of consent order. (c) Amount of consent showing separately the amount consented against each security, namely, equity shares, preference shares, debentures, bonus shares, loans, etc. (d) Indicate the capital subscribed and paid-up against each consent (e) If refused, number and date of refusal. 8. Whether the company is covered by Part A of Chapter III of the Monopolies and Restrictive Trade Practices Act, 1969, if so- (a) Whether the company has got itself registered in terms ofSec. 26of the said Act? (b) Whether the purpose for which the capital is proposed to be raised comes within the purview of Secs......

Delhi Cooperative Societies Act, 1972 Complete Act

State: Delhi

Year: 1972

.....to receive, on the issue of the order of amalgamation, division or reorganisation, his share or interest, if he be a member and the amount in satisfaction of his dues, if he be a creditor (5) On the issue of an order under sub-section (1), the provisions of subsections (2) , (3) and (4) of Section 19 shall apply to the co-operative societies so amalgamated, divided or re-organised as if the amalgamation, division or reorganisation had been made under Section 15 Section17 Registrar to prepare scheme of amalgamation of co-operative bank in certain cases When an order of moratorium has been made by the Central Government under sub-section (2) of Section 45 of the Banking Regulation Act, 1949, in respect of a co-operative bank, the Registrar with the previous approval of the Reserve Bank in writing, may, during the period of moratorium, prepare a scheme (a) for the reorganisation of the Co-operative Bank; or (b) for the amalgamation of the co-operative bank with any other cooperative bank Section18 Liability of a co-operative bank to the Deposit Insurance Corporation Notwithstanding anything contained in Sections 15 and 16 or any other provision of this Act, where a.....

Companies Act, 1956 Part 6

Title: Management and Administration

State: Central

Year: 1956

.....filed with the Registrar along with the return a certificate signed by 3 [the signatories] of the return, stating- (a) that the return states the facts as they stood on the day of the annual general meeting aforesaid, correctly and completely; 4 [***] 5 [(aa) that since the date of the last annual return the transfer of all shares and debentures and the issue of all further certificates of shares and debentures have been appropriately recorded in the books maintained for the purpose; and] (b) in the case of a private company also, (i) that the company has not, since the date of the annual general meeting with reference to which the last return was submitted, or in the case of a first return, since the date of the incorporation of the company, issued any invitation to the public to subscribe for any shares or debentures of the company, and (ii) that, where the annual return discloses the fact that the number of members of the company exceeds fifty, the excess consists wholly of persons who under sub-clause (b) of clause (iii) of sub-­section (1) of section 3 are not to be included in reckoning the number of fifty. ____________________ 1. The words "managing agent,.....