Bare Act Search Results
Home Bare Acts Phrase: payment Page 1 of about 9,610 results (0.027 seconds)Payment and Settlement Systems Act 2007 Chapter III
Title: Authorisation of Payment Systems
State: Central
Year: 2007
.....the terms and conditions governing their relationship with payment system providers; (viii) monetary and credit policies; and (ix) such other factors as may be considered relevant by the Reserve Bank. (2) An authorisation issued under sub-section (1) shall be in such form as may be prescribed and shall (a) state the date on which it takes effect; (b) state the conditions subject to which the authorisation shall be in force; (c) indicate the payment of fees, if any, to be paid for the authorisation to be in force; (d) if it considers necessary, require the applicant to furnish such security for the proper conduct of the payment system under the provisions of this Act; (e) continue to be in force till the authorisation is revoked. (3) Where the Reserve Bank considers that the application for authorisation should be refused, it shall give the applicant a written notice to that effect stating the reasons for the refusal: Provided that no such application shall be refused unless the applicant is given a reasonable opportunity of being heard. (4) Every application for authorisation shall be processed by the Reserve Bank as soon as possible and an endeavour.....
View Complete Act List Judgments citing this sectionPayment of Wages Act, 1936 Section 15
Title: Claims Arising out of Deductions from Wages or Delay in Payment of Wages and Penalty for Malicious or Vexatious Claims
State: Central
Year: 1936
.....special order, provide for the distribution or allocation of work to be performed by them under this Act.]] ____________________ * Inserted by Act 53 of 1964, section 13 w.e.f. 1-2-1965. ** Substituted by Act 53 of 1964, section 13, for "of persons employed or paid in that area" w.e.f. 1-2-1965. 2. Substituted by Act 53 of 1964, section 13, for "six months" w.e.f. 1-2-1965. 3. Substituted vide Payment of Wages (Amendment) Act, 2005. Previous text was When any application under sub-section (2) is entertained, the authority shall hear the applicant and the employer or other person responsible for the payment of wages under section 3, or give them an opportunity of being heard, and, after such further inquiry (if any) as may be necessary, may, without prejudice to any other penalty to which such employer or other person is liable under this Act, direct the refund to the employed person of the amount deducted, or the payment of the delayed wages, together with the payment of such compensation as the authority may think fit, not exceeding ten times the amount deducted in the former case and *[not exceeding twenty-five rupees in the latter, and even if the amount deducted.....
View Complete Act List Judgments citing this sectionPayment of Wages Act, 1936 Section 3
Title: Responsibility for Payment of Wages
State: Central
Year: 1936
.....beresponsible for the payment of all wages required to be paid under this Act topersons employed by him and in case of persons employed,-- (a) in factories, if a person hasbeen named as the manager of the factory under clause (f) of sub-section (1)of section 7 of the Factories Act, 1948; (b) in industrial or other establishments, if there is a personresponsible to the employer for the supervision and control of the industrial orother establishments; (c) upon railways (other than infactories), if the employer is the railway administration and the railwayadministration has nominated a person in this behalf for the local areaconcerned; (d) in the case of contractor, a person designated by suchcontractor who is directly under his charge; and (e) in any other case, a person designated by the employer as aperson responsible for complying with the provisions of the Act, the person so named, the personresponsible to the employer, the person so nominated or the person sodesignated, as the case may be, shall be responsible for such payment.". (2) Notwithstandinganything contained in sub-section (1), it shall be the responsibility of theemployer to make payment of all wages.....
View Complete Act List Judgments citing this sectionPayment and Settlement Systems Act 2007 Section 4
Title: Payment System Not to Operate Without Authorisation
State: Central
Year: 2007
.....within such period, the operator of such payment system obtains an authorisation under this Act or the application for authorisation made under section 7 of this Act is refused by the Reserve Bank; (b) any person acting as the duly appointed agent of another person to whom the payment is due; (c) a company accepting payments either from its holding company or any of its subsidiary companies or from any other company which is also a subsidiary of the same holding company; (d) any other person whom the Reserve Bank may, after considering the interests of monetary policy or efficient operation of payment systems, the size of any payment system or for any other reason, by notification, exempt from the provisions of this section. (2) The Reserve Bank may, under sub-section (1) of this section, authorise a company or corporation to operate or regulate the existing clearing houses or new clearing houses of banks in order to have a common retail clearing house system for the banks throughout the country: Provided, however, that not less than fifty-one per cent. of the equity of such company or corporation shall be held by public sector banks. Explanation. For the.....
View Complete Act List Judgments citing this sectionPayment of Wages Act, 1936 Section 17A
Title: Conditional Attachment of Property of Employer or Other Person Responsible for Payment of Wages
State: Central
Year: 1936
.....or other person responsible for the payment of wages under section 3 is likely to evade payment of any amount that may be directed to be paid under section 15 or section 17, the authority or the court, as the case may be, except in cases where the authority or court is of opinion that the ends of justice would be defeated by the delay, after giving the employer or other person an opportunity of being heard, may direct the attachment of so much of the property of the employer or other person responsible for the payment of wages as is, in the opinion of the authority or court, sufficient to satisfy the amount which may be payable under the direction. (2) The provisions of the Code of Civil Procedure, 1908 (5 of 1908), relating to attachment before judgment under that Code shall, so far as may be, apply to any order for attachment under sub-section (1).] STATE AMENDMENTS 3 Gujarat Same as that of Maharashtra. 4 Maharashtra In section 17A, for the words "any official of a registered trade Union authorised in writing to act on his behalf", read the words "any other person or a representative union competent to present such appeal". SECTION 17B 5 Gujarat Same as that.....
View Complete Act List Judgments citing this sectionPayment of Gratuity Act, 1972 Section 13A
Title: Validation of Payment of Gratuity
State: Central
Year: 1972
1[Notwithstanding anything contained in any judgment, decree or order of any court, for the period commencing on and from the 3rd day of April, 1997 and ending on the day on which the Payment of Gratuity (Amendment) Act, 2009, receives the assent of the President, the gratuity shall be payable to an employee in pursuance of the notification of the Government of India in the Ministry of Labour and Employment vide number S.O. 1080, dated the 3rd day of April, 1997 and the said notification shall be valid and shall be deemed always to have been valid as if the Payment of Gratuity (Amendment) Act, 2009 had been in force at all material times and the gratuity shall be payable accordingly: Provided that nothing contained in this section shall extend, or be construed to extend, to affect any person with any punishment or penalty whatsoever by reason of the non-payment by him of the gratuity during the period specified in this section which shall become due in pursuance of the said notification.] ______________________ 1. Inserted by the Payment of Gratuity (Amendment) Act, 2009 (w.e.f. 03.04.1997).
View Complete Act List Judgments citing this sectionPayment of Wages Act, 1936 Preamble 1
Title: Payment of Wages Act,1936
State: Central
Year: 1936
THE PAYMENT OF WAGES ACT, 1936 [Act, No. 4 of 1936]1 [23rd April,1936] PREAMBLE An Act to regulate the payment of wages of certain classes of 2 [employed persons]. whereas it is expedient to regulate the payment of wages to certain classes of 2 [employed persons]. It is hereby enacted as follows:- ________________________ 1. For Statement of Objects and Reasons see Gazette of India, Pt. V, p. 20 and for Report of the Select Committee see Gazette of India, Pt. V, p. 77. The Act has been extended to Goa, Daman and Diu by Reg. 12 of 1962, section 3 and Schedule; to Dadra and Nagar Haveli by Reg. 6 of 1963, section 2 and Schedule I; to Pondicherry by Reg. 7 of 1963, section 3 and Schedule I and to Lakshadweep Islands by Reg. 8 of 1965, section 3 and Schedule. 2. Substituted by Act 38 of 1982, section 2 for "persons employed in industry" (w.e.f. 15-10-1982).
View Complete Act List Judgments citing this sectionPayment of Subsistence Allowance Act, 1988 Preamble 1
Title: Payment of Subsistence Allowance Act, 1988
State: Karnataka
Year: 1988
THE KARNATAKA PAYMENT OF SUBSISTENCE ALLOWANCE ACT, 19881 [Act, No. 18 of 1992] [24th December, 1988] PREAMBLE An Act to provide for the payment of subsistence allowance to employees during the period of suspension. W HEREAS it is expedient to provide for the payment of subsistence allowance to employees during the period of suspension for the purposes hereinafter appearing; B E it enacted by the Karnataka State Legislature in the Thirty-ninth Year of the Republic of India as follows:- _______________________ 1. First published in the Karnataka Gazette Extraordinary on the fifteenth day of July, 1992.
View Complete Act List Judgments citing this sectionInterest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993 Preamble 1
Title: Interest on Delayed Payments to Small Scale and Ancillary Industrial Undertakings Act, 1993
State: Central
Year: 1993
THE INTEREST ON DELAYED PAYMENTS TO SMALL SCALE AND ANCILLARY INDUSTRIAL UNDERTAKINGS ACT, 1993 [Act, No. 32 of 1993] [2nd April, 1993] PREAMBLE An Act to provide for and regulate the payment of interest on delayed Payments to small scale and ancillary industrial undertakings and for matters connected therewith or incidental thereto. BE it enacted by Parliament in the Forty-fourth Year of the Republic of India as follows:--
View Complete Act List Judgments citing this sectionPayment of Bonus Act, 1965 Section 31A
Title: Special Provision with Respect to Payment of Bonus Linked with Production or Productivity
State: Central
Year: 1965
.....shall be entitled to receive bonus due to them under such agreement or settlement, as the case may be: 2 [Provided that any such agreement or settlement whereby the employees relinquish their right to receive the minimum bonus under section 10 shall be null and void in so far as it purports to deprive them of such right:] 3 [Provided further that] such employees shall not be entitled to be paid such bonus in excess of twenty per cent, of the salary or wage earned by them during the relevant accounting year. _______________________ 1. Inserted by Act 23 of 1976, section 19 (w.r.e.f 25-9-1975). 2. Inserted by Act 66 of 1980, section 17 (w.r.e.f. 21-8-1980). 3. Substituted by Act 66 of 1980, section 17, for "Provided that" (w.r.e.f 21-8-1980).
View Complete Act List Judgments citing this section- << Prev.
- Next >>