Bare Act Search Results

Reserve Bank of India Act, 1934 (2 of 1934) Section 45IB

Title: Maintenance of Percentage of Assets

State: Central

Year: 1934

.....of any State Government or of the Central Government and such bonds, both the principal whereof and the interest whereon shall have been fully and unconditionally guaranteed by any such Government; (ii) "unencumbered approved securities" includes the approved securities lodged by the non-banking financial company with another institution for an advance or any other arrangement to the extent to which such securities have not been drawn against or availed of or encumbered in any manner; (iii) "quarter" means the period of three months ending on the last day of March, June, September or December.] ______________________ 1. Inserted by Act 23 of 1997, section 3 (w.e.f. 9-1-1997).

Central Excise Tariff (Amendment) Act, 2004 Appendix V

Title: Assessment on the Basis of Mrp (Abatement as a Percentage of Retail Sale Price)

State: Central

Year: 2004

.....goods 35% 11. 1904.10 All goods 35% 12. 1905.11 Biscuits, in or in relation to the manufacture of which any process is ordinarily carried on with the aid of power 35% 13. 1905.31 Waffles and wafers, coated with chocolate or containing chocolate 35% 14. 1905.39 All goods 40% 14A. 1905.39 Wafer biscuits 35% 15. 2101.10 Extracts, essences and concentrates, of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee 35% 16. 2102.10 All goods 35% 17. 21.05 Ice cream and other edible ice, whether or not containing cocoa 45% 18. 2 1.06 or 24.04 (a) Pan masala (falling under sub-heading No. 2106.00), in retail packs containing ten grams or more per pack, other than the goods containing not more than 15% betel nut by weight and not containing tobacco in any proportion (b) Pan masala containing tobacco (falling under sub-heading 50% No......

National Housing Bank Act, 1987 Section 29B

Title: Maintenance of Percentage of Assets

State: Central

Year: 1987

.....Bank. (4) If the amount invested by a housing finance institution at the close of business on any day is less than the rate specified under sub-section (1) or sub-section (2), such housing finance institution shall be liable to pay to the National Housing Bank, in respect of such shortfall, a penal interest at a rate of three per cent, per annum above the bank rate on such amount by which the amount actually maintained or invested falls short of the specified percentage, and where the shortfall continues in the subsequent quarters, the rate of penal interest shall be five per cent, per annum above the bank rate on such shortfall for each subsequent quarter. (5) (a) The penal interest payable under sub-section (4) shall be payable within a period of fourteen days from the date on which a notice issued by the National Housing Bank demanding payment of the same is served on the housing finance institution and, in the event of a failure of the housing finance institution to pay the same within such period, may be levied by a direction of the principal civil court having jurisdiction in the area where an office of the defaulting housing finance institution is situated and such.....

Banking Regulation Act, 1949 Section 24

Title: Maintenance of a Percentage of Assets

State: Central

Year: 1949

.....26, for certain words and figures w.e.f. 29-3-1985. 8. Substituted by Act 1 of 1984, Section 26, for clause (b) w.e.f.29-9-1985. 9. Inserted by Act 1 of 1984 Section 26 w.e.f. 29-3-1985. 10. Inserted by Act 21 of 1976, Section 33 w.e.f. 26-9-1975. 11. Certain words omitted by Act I of 1984, Section 26 w.e.f. 29-3-1985. 12. Substituted by Act 1 of 1984, Section 26, for sub-section(3) w.e.f. 29-3-1985. 13. Omitted by the Banking Regulation (Amendment) Act, 2007, w.e.f. 23rd January, 2007. Prior to omission the text read as under: "(1) After the expiry of two years from the commencement of this Act, every banking company shall maintain 1[in India] in cash, gold or unencumbered approved securities, valued at a price not exceeding the current market price, an amount which shall not at the close of business on any day be less than 20 percent of the total of its 2[demand and time liabilities] 3[in India]. 4[Explanation.--For the purposes of this section, "unencumbered approved securities" of a banking company shall include its approved securities lodged with another institution for an advance or any other credit arrangement to the extent to which such securities have.....

Banking Regulation Act, 1949, (Maharashtra) Section 24

Title: Maintenance of a Percentage of Assets

State: Maharashtra

Year: 1949

.....banking company had sufficient cause for its failure to comply with the provisions of clause (a) of sub-section (2-A) the Reserve Bank may not demand the payment of the penal interest. Explanation : In this section, the expression "public holiday" means a day which is a public holiday under the Negotiable Instruments Act, 1881 (26 of 1881)]. ______________________ 1. Omitted by Act 1 of 1984 section 42. 2. Inserted by Act 33 of 1959. section 15 (w.e.f. 1.10.1959). 3. Inserted by Act 1 of 1984 section 61 and Schedule II (w.e.f. 15.2.1984). 4. Substituted for the words "in the States" by Act 20 of 1950. 5. Substituted for the orginial Explnation by Act 33 of 1959, section 15. 6. Sub-sections 2 and 2(a) substituted by Act 1 of 1984. 7. Inserted by Act 21 of 1976, section 33 (w.e.f. 26.9.1975). 8. Omitted by Act No. 1 of 1984, section 26 (w.e.f. 29.3.1985). 9. Substituted by Act No. 1 of 1984, section 26 (w.e.f. 29.3.1985).

Presidency-towns Insolvency Act, 1909 Section 125

Title: Fees and Percentages

State: Central

Year: 1909

Such fees and percentages shall be charged for and in respect of proceedings under this Act as may be prescribed.{In its application to Calcutta and Madras, this section has been amended: see the Presidency-towns Insolvency (Bengal Amendment) Act, 1936 (Ben.18 of 1936), s.11, and the Presidency-towns Insolvency (Madras Amendment) Act, 1943 (Mad.5 of 1943), s.16}

The Delhi Apartment Ownership Act, 1986 Complete Act

State: Delhi

Year: 1986

.....of undivided interest in the common areas and facilities appurtenant to such apartment. (5) On any such payment, discharge or other satisfaction, referred to in sub-section (4), the apartment and the percentage of undivided interest in the common areas and the facilities appurtenant thereto shall be free and clear of the charge or encumbrance, so paid, satisfied or discharged. COMMENTS Any work that may diminish the value of the property is prohibited within the apartment, without the written consent of all the owners. The owner may create encumbrances in respect of the apartment along with his undivided interest in the common area. A charge created over the common area can be removed on payment proportional amounts attributable to each of the apartments affected by such encumbrance. However the right of the person holding charge is not barred from enforcing it. CHAPTER III DEED OF APARTMENT AND ITS REGISTRATION 13. Contract of Deed of Apartment (1) Whenever any allotment, sale or other transfer of any apartment is made the promoter shall, (a) in the case of an allotment, sale or other transfer made after the commencement of this Act, within there months.....

The Kerala Apartment Ownership Act, 1983 Complete Act

State: Kerala

Year: 1983

.....or encumbrance. (4) Payments under sub-section(3) shall be computed by reference to the percentages appearing in the declaration. (5) The satisfaction or discharge of any charge or encumbrance shall not prevent the person having any other charge or encumbrance from proceeding to enforce his rights against any apartment and the percentage of undivided interest in the common areas and facilities appurtenant thereto. 10. Common profits and expenses .-The common profits of the property shall be distributed among, and the common expenses shall be charged to, the apartment owners according to the percentage of the undivided interest in the common areas and facilities. 11. Contents of Declaration .-(1) The declaration shall contain the following particulars, namely: (a) description of the land on which the building and improvements are, or to be, located: and whether the land is freehold or leasehold: (b) description of the building stating the number of storeys and basements, the number of apartments and the principal materials by which it is, or is to be, constructed; (c) the apartment number of each apartment and a statement of its location, approximate area, number of rooms.....

Maharashtra Apartment Ownership Act, 1970 Complete Act

State: Maharashtra

Year: 1970

.....to it, may, they will be required to do so if they find that the language used by Parliament is ambiguous or is too general, though in point of fact Parliament intended that it should have a limited application. WHEREAS, it is expedient to provide for the ownership of an individual apartment in a building and to make such apartment heritable and transferable property, and to provide for matters connected with the purposes aforesaid; It is hereby enacted in the Twenty-first year of the Republic of India as follows: SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT (1) This Act may be called the Maharashtra Apartment Ownership Act, 1970. (2) It extends to the whole of the State of Maharashtra. (3) This section shall come into force at once ; and the remaining provisions of this Act shall come into force in such areas, and on such dates2as the State Government may, by notification in the Official Gazette, appoint; and different dates may be appointed for different areas. SECTION 02: APPLICATION OF ACT This Act applies only to property, the sole owner or all the owners of which submit the same to the provisions of this Act by duly executing and registering a declaration as.....

Companies Act, 1956 Complete Act

State: Central

Year: 1956

.....the same activity as that carried on by the head office of the company; or (c) any establishment engaged in any production, processing or manufacture, but does not include any establishment specified in any order made by the Central Government under (section 8);] (10) "company" means a company as defined in (section 3); [(10A) "Company Law Board" means the Board of Company Law Administration constituted under (section 10E);] [(11) "the Court" means,- (a) with respect to any matter relating to a company (other than any offence against this Act), the Court having jurisdiction under this Act with respect to that matter relating to that company, as provided in (section 10) ; (b) with respect to any offence against this Act, the Court of a Magistrate of the First Class or, as the case may be, a Presidency Magistrate, having jurisdiction to try such offence ;] (12) "debenture" includes debenture stock, bonds and any other securities of a company, whether constituting a charge on the assets of the company or not; [(12A) "depository" has the same meaning as in the (Depositories Act, 1996) (22 of 1996); (12B) "derivative" has the same meaning as in clause (aa) of (S.2.....