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Start Free TrialLimited Liability Partnership Act, 2008 Complete Act
State: Central
Year: 2008
.....constituted under sub- sec. (1) of Sec. 10-FB of the Companies Act, 1956 (1 of 1956). (2) Words and expressions used and not defined in this Act but defined in the Companies Act, 1956 (1 of 1956) shall have the meanings respectively assigned to them in that CHAPTER 2 NATURE OF LIMITED LIABILITY PARTNERSHIP Section 3 Limited liability partnership to be body corporate (1) A limited liability partnership is a body corporate formed and incorporated under this Act and is a legal entity separate from that of its partners. (2) A limited liability partnership shall have perpetual succession. (3) Any change in the partners of a limited liability partnership shall not affect the existence, rights or liabilities of the limited liability partnership. Section 4 Non-applicability of the Indian Partnership Act, 1932 Save as otherwise provided, the provisions of the Indian Partnership Act, 1932 (9 of 1932) shall not apply to a limited liability partnership. Section 5 Partners Any individual or body corporate may be a partner in a limited liability partnership: Provided that an individual shall not be capable of becoming a partner of a limited liability partnership, if- (a) he.....
List Judgments citing this sectionRailways (Amendment) Act 2008 Section 3
Title: Insertion of New Chapter Iva
State: Central
Year: 2008
.....boundaries or cutting trenches or clearing away any standing crop, fence or forest or doing such other acts or things which may cause damages while acting under section 20B particularly relating to land which is excluded from acquisition proceeding, shall be evaluated and compensation shall be paid to the persons having interest in that land, within six months from the completion of the said works. 20D. Hearing of objections, etc.-(1) Any person interested in the land may, within a period of thirty days from the date of publication of the notification under sub-section (1) of section 20A, object to the acquisition of land for the purpose mentioned in that sub-section. (2) Every objection under sub-section (1), shall be made to the competent authority in writing, and shall set out the grounds thereof and the competent authority shall give the objector an opportunity of being heard, either in person or by a legal practitioner, and may, after hearing all such objections and after making such further enquiry, if any, as the competent authority thinks necessary, by order, either allow or disallow the objections. Explanation.--For the purposes of this sub-section, "legal.....
View Complete Act List Judgments citing this sectionLimited Liability Partnership Act 2008 Chapter XII
Title: Compromise, Arrangement or Reconstruction of Limited Liability Partnerships
State: Central
Year: 2008
.....any other person by whom an application has been made under sub-section (1) has disclosed to the Tribunal, by affidavit or otherwise, all material facts relating to the limited liability partnership, including the latest financial position of the limited liability partnership and the pendency of any investigation proceedings in relation to the limited liability partnership. (3) An order made by the Tribunal under sub-section (2) shall be filed by the limited liability partnership with the Registrar within thirty days after making such an order and shall have effect only after it is so filed. (4) If default is made in complying with sub-section (3), the limited liability partnership, and every designated partner of the limited liability partnership shall be punishable with fine which may extend to one lakh rupees. (5) The Tribunal may, at any time after an application has been made to it under this section, stay the commencement or continuation of any suit or proceeding against the limited liability partnership on such terms as the Tribunal thinks fit, until the application is finally disposed of. Section 61 - Power of Tribunal to enforce compromise or arrangement (1).....
View Complete Act List Judgments citing this sectionRailways (Amendment) Act 2008 Section 2
Title: Amendment of Section 2
State: Central
Year: 2008
In section 2 of the Railways Act, 1989(24 of 1989) (hereinafter referred to as the principal Act),-- (a) after clause (7), the following clause shall be inserted, namely:-- (7A) "competent authority" means any person authorised by the Central Government, by notification, to perform the functions of the competent authority for such area as may be specified in the notification;'; (b) after clause (29), the following clause shall be inserted, namely:-- '(29A) "person interested" includes,-- (i) all persons claiming an interest in compensation to be made on account of the acquisition of land under this Act; ((ii) tribals and other traditional forest dwellers, who have lost any traditional rights recognised under the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006(2 of 2007); (iii) a person interested in an easement affecting the land; and (iv) persons having tenancy rights under the relevant State laws;'; (c) after clause (37), the following clause shall be inserted, namely:-- '(37'A) "special railway project" means a project, notified as such by the Central Government from time to time, for providing national.....
View Complete Act List Judgments citing this sectionLimited Liability Partnership Act 2008 Section 61
Title: Power of Tribunal to Enforce Compromise or Arrangement
State: Central
Year: 2008
(1) Where the Tribunal makes an order under section 60 sanctioning a compromise or an arrangement in respect of a limited liability partnership, it-- (a) shall have power to supervise the carrying out of the compromise or an arrangement; and (b) may, at the time of making such order or at any time thereafter, give such directions in regard to any matter or make such modifications in the compromise or arrangement as it may consider necessary for the proper working of the compromise or arrangement. (2) If the Tribunal aforesaid is satisfied that a compromise or an arrangement sanctioned under section 60 cannot be worked satisfactorily with or without modifications, it may, either on its own motion or on the application of any person interested in the affairs of the limited liability partnership, make an order for winding up the limited liability partnership, and such an order shall be deemed to be an order made under section 64 of this Act.
View Complete Act List Judgments citing this sectionFinance Act, 2008 Complete Act
State: Central
Year: 2008
.....the meaning given by Article 2 of Council Regulation (EC) No. 1407/2002 (state aid to coal industry). (3) The production of coal includes the extraction of it. Excluded activities: producing steel 20C In paragraph 16(ic) "steel" means any of the steel products listed in Annex 1 to the Guidelines on national regional aid (2006/C 54/08), published in the Official Journal on 4 March 2006." (6) The amendments made by this section have effect in relation to options granted on or after the day on which this Act is passed. SECTION 34: Tax credits for certain foreign distributions: (1) Schedule 12 contains provision about tax credits for certain foreign distributions. (2) The amendments made by that Schedule have effect for the tax year 2008-09 and subsequent tax years. SECTION 35: Small companies relief: associated companies: (1) Section 13 of ICTA (small companies' relief) is amended as follows. (2) In the second sentence of subsection (4) (meaning of "control" for purposes of definition of "associated company"), insert at the end "except that, in the application of subsection (6) of that section in relation to the company ("the taxpayer company") and another company.....
List Judgments citing this sectionThe Ayush and Health Sciences University of Chhattisgarh Act, 2008 Complete Act
State: Chattisgarh
Year: 2008
THE AYUSH AND HEALTH SCIENCES UNIVERSITY OF CHHATTISGARH ACT, 2008 THE AYUSH AND HEALTH SCIENCES UNIVERSITY OF CHHATTISGARH ACT, 2008 [Act No. 21 of 2008] ( Published in Chhattisgarh Rajpatra (Asadharan) dated 16-9-2008 Pages 616(44-85).) [16th September, 2008] PREAMBLE An Act to establish and incorporate a teaching, research and affiliating university for the purpose of ensuring efficient and systematic education, training, research and development of Health Sciences including Modern System of Medicine, Ayurved, Yoga and Naturopathy, Unani, Siddha, Homoeopathy, Dentistry, Pharmacy, Physiotherapy, Nursing, Public Health. Be it enacted by the Chhattisgarh Legislature in the Fifty-ninth Year of the Republic of India as follows:-- Section 1 - Short title, extent and commencement (1) This Act may be called the Ayush and Health Sciences University of Chhattisgarh Act, 2008. (2) It extends to the whole of the State of Chhattisgarh. (3) It shall come into force on such date as the State Government may appoint by Notification in the Official Gazette. Section 2 - Definitions In this Act, unless the context otherwise requires-- (a) "Affiliated.....
List Judgments citing this sectionIndian Maritime University Act, 2008 Complete Act
State: Central
Year: 2008
.....taken upon the result of such inspection or inquiry. (10) Where, the Executive Council or the management, does not, within a reasonable time, take action to the satisfaction of the Visitor, the Visitor may, after considering any explanation furnished or representation made by the Executive Council or the management, issue such directions as he may think fit and the Executive Council shall comply with such directions. (11) Without prejudice to the foregoing provisions of this section, the Visitor may, by order in writing, annul any proceeding of the University which is not in conformity with the Act, the Statutes or the Ordinances: Provided that before making any such order, the Visitor shall call upon the Registrar to show cause why such an order should not be made, and, if any cause is shown within a reasonable time, he shall consider the same. (12) Notwithstanding anything contained in the foregoing provisions, the Visitor may give any direction to the University after giving an opportunity to the University as the circumstances warrant. (13) The Visitor shall have such other powers as may be prescribed by the Statutes. Section 10 Officers of the University The following.....
List Judgments citing this sectionThe Orissa Advocates Clerks Welfare Fund Act, 2008 Complete Act
State: Orissa
Year: 2008
THE ORISSA ADVOCATES' CLERKS WELFARE FUND ACT, 2008 THE ORISSA ADVOCATES' CLERKS WELFARE FUND ACT, 2008 [Act 5 No. of 2009] PREAMBLE An Act to Provide for the Constitution of a Welfare Fund and Utilisation Thereof for Promotion of Welfare of the Advocates' Clerks in the State of Orissa and for Matters Connected therewith or Incidental thereto. BE it enacted by the Legislature of the State of Orissa in the Fifty-ninth Year of the Republic of India as follows:" Section 1 - Short title, extent and commencement (1) This Act may be called the Orissa Advocates' Clerks Welfare Fund Act, 2008. (2) It extends to the whole of the State of Orissa. (3) It shall come into force on such date as the State Government may, by notification, appoint in this behalf. Section 2 - Definitions In this Act unless the context otherwise requires," (a) "Advocate" means a person whose name has been entered in the State roll of Advocates prepared and maintained by the Bar Council of Orissa under section 17 of the Advocates' Act(25 of 1961) 1961 and who is a member of a Bar Association or an Advocates Association; (b) "Advocates' clerk" means a clerk employed by an Advocate and recognized by such.....
List Judgments citing this sectionThe Haryana Evacuee Properties (Management and Disposal) Act, 2008 Complete Act
State: Haryana
Year: 2008
.....of land has been passed by the Chief Settlement ' Commissioner, Haryana or Secretary under the Displaced Persons (Compensation and Rehabilitation) Act, 1954 (Central Act 44 of 1954), repealed by the Displaced Persons Claims and Other Laws Repeal Act, 2005 (Central Act 38 of 2005), and allotment has not been made. 3. Appointment of Chief Commissioner(Sales)and other Officers. (1) The State Government shall, by notification in the Official Gazette, appoint a Chief Commissioner (Sales), as many Commissioners (Sales), and Tehsildars (Sales) or Naib Tehsildars (Sales)/ Naib Tehsildars (Rehabilitation), as may be necessary for the purpose of performing the functions assigned to them by or under this Act. (2) The Chief Commissioner (Sales) shall have general superintendence and control over the Commissioners (Sales), Tehsildars (Sales) and Naib Tehsildars (Sales)/Naib Tehsildars (Rehabilitation) in the State and may issue necessary directions for carrying out the purposes of this Act. 4. Power to transfer evacuee property. (i) The Tehsildar may transfer, except under clause (d) below, on such terms and conditions as may be prescribed, any evacuee property with the prior.....
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