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Insurance Act, 1938 (4 of 1938) Section 52

Title : Prohibition of Business on Dividing Principle

State : Central

Year : 1938

.....may either sanction such measures or refuse 4 [its] sanction, and, if 5 [it] refuses 4 [its] sanction or if the insurer does not report to 6 [it] as required by this sub-section, the provisions of sub-section (2) shall apply to the insurer forthwith.] ____________________________ 1. Section 52 re-numbered as sub-section (1) of that section by 13 of 1941, section 36 (w.e.f. 8-4-1941). 2. Added by Act 13 of 1941, section 36 (w.e.f. 8-4-1941). 3. Substituted by Act 47 of 1950, section 4, for "Superintendent of Insurance" (w.e.f. 1-6-1950) and again substituted by Act 41 of 1999, section 30 and Schedule, I, for "Controller" (w.e.f. 19-4-2000). 4. Substituted by Act 41 of 1999, section 30 and Schedule I, for "his" (w.e.f. 19-4-2000). 5. Substituted by Act 41 of 1999, section 30 and Schedule I, for "he" (w.e.f. 19-4-2000). 6. Substituted by Act 41 of 1999, section 30 and Schedule I, for "him" (w.e.f. 19-4-2000).

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Credit Information Companies (Regulation) Act, 2005 Chapter VI

Title : Information Privacy Principles and Furnishing of Credit Information

State : Central

Year : 2005

.....information obtained by such institution from the credit information company. (2) Every credit institution shall, on receipt of request under sub-section (1), furnish to the person referred to in that sub-section a copy of the credit information subject to payment of such charges, as may be specified by regulations, by the Reserve Bank in this regard. (3) If a credit information company or specified user or credit institution in possession or control of the credit information, has not updated the information maintained by it, a borrower or client may request all or any of them to update the information; whether by making an appropriate correction, or addition or otherwise, and on such request the credit information company or the specified user or the credit institution, as the case may be, shall take appropriate steps to update the credit information within thirty days after being requested to do so: Provided that the credit information company and the specified user shall make the correction, deletion or addition in the credit information only after such correction, deletion or addition has been certified as correct by the concerned credit institution: Provided further.....

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Constitution of India Part 4

Title : Directive Principles of State Policy

State : Central

Year : 1950

.....in different vocations.] ________________________ 1. Article 38 renumbered as clause (1) thereof by the Constitution (Forty-fourth Amendment) Act, 1978, section 9 (w.e.f. 20-6-1979). 2. Inserted by the Constitution (Forty-fourth Amendment) Act, 1978, section 9 (w.e.f. 20-6-1979). Article 39 - Certain principles of policy to be followed by the State The State shall, in particular, direct its policy towards securing-- (a) that the citizens, men and women equally, have the right to an adequate means to livelihood; (b) that the ownership and control of the material resources of the community are so distributed as best to subserve the common good; (c) that the operation of the economic system does not result in the concentration of wealth and means of production to the common detriment; (d) that there is equal pay for equal work for both men and women; (e) that the health and strength of workers, men and women, and the tender age of children are not abused and that citizens are not forced by economic necessity to enter avocations unsuited to their age or strength; 1[(f) that children are given opportunities and facilities to develop in a healthy manner and in.....

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National Green Tribunal Act, 2010 Section 20

Title : Tribunal to Apply Certain Principles

State : Central

Year : 2010

The Tribunal shall, while passing any order or decision or award, apply the principles of sustainable development, the precautionary principle and the polluter pays principle.

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Credit Information Companies (Regulation) Act, 2005 Section 20

Title : Privacy Principles

State : Central

Year : 2005

Every credit information company, credit institution and specified user, shall adopt the following privacy principles in relation to collection, processing, collating, recording, preservation, secrecy, sharing and usage of credit information, namely:-- (a) the principles-- (i) which may be followed by every credit institution for collection of information from its borrowers and clients and by every credit information company, for collection of information from its member credit institutions or credit information companies, for processing, recording, protecting the data relating to credit information furnished by, or obtained from, their member credit institutions or credit information companies, as the case may be, and sharing of such data with specified users; (ii) which may be adopted by every specified user for processing, recording, preserving and protecting the data relating to credit information furnished, or received, as the case may be, by it; (iii) which may be adopted by every credit information company for allowing access to records containing credit information of borrowers and clients and alteration of such records in case of need to do so; (b) the purpose

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Constitution of India Article 31C

Title : Saving of Laws Giving Effect to Certain Directive Principles

State : Central

Year : 1950

.....that where such law is made by the Legislature of a State, the provisions of this article shall not apply thereto unless such law, having been reserved for the consideration of the President, has received his assent.] ________________________ 1. Inserted by the Constitution (Twenty-fifth Amendment) Act, 1971, section 3 (w.e.f. 20-4-1972). 2. Substituted by the Constitution (Forty-second Amendment) Act, 1976 section. 4, for "the principles specified in clause (b) or clause (c) of article 39" (w.e.f. 3-1-1977). Section 4 has been declared invalid by the Supreme Court in Minerva Mills Ltd. V. Union of India , (1980) 2 SCC 591. 3. Substituted by the Constitution (Forty-fourth Amendment) Act, 1978, section 8, for "article 14, article 19 or article 31" w.e.f. 20-6-1979. 4. In Keshavananda Bharati v. The State of Kerala, (1973) Supp SCR 1, the Supreme Court held the provision in italics to be invalid.

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ROAD TRANSPORT CORPORATIONS ACT, 1950 Section 22

Title : General principle of Corporation's finance

State : Central

Year : 1950

It shall be the general principle of a Corporation that in carrying on its undertaking it shall act on business principles.

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Oil Industry Development Act 1974 Section 7

Title : Principles and Conditions of Assistance

State : Central

Year : 1974

.....also impose such additional conditions as it may think necessary or expedient for protecting the interests of the Board and for securing that the assistance rendered by it is put to the best use by such concern or other person. OIL INDUSTRY DEVELOPMENT ACT 1974 Section 7 - Principles and conditions of assistance (1) Before rendering any assistance to any oil industrial concern or other person, the Board shall have regard to such directions as the Central Government may issue in this behalf and shall satisfy itself that-- (a) such assistance is not contrary to such directions; and (b) such assistance is necessary as a matter of priority in the interests of the development of oil industry. (2) In rendering any assistance to any oil industrial concern or other person, the Board shall impose such conditions as may be prescribed and may also impose such additional conditions as it may think necessary or expedient for protecting the interests of the Board and for securing that the assistance rendered by it is put to the best use by such concern or other person.

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Government of India Act, 1935 [Repealed] Section 183

Title : Directions and Principles to Be Observed by Railway Authority

State : Central

Year : 1935

1 [183. Directions and Principles to be Observed by Railway Authority (1) The Authority in discharging their functions under thisAct shall act on business principles, due regard beinghad by them to theinterests of agriculture, indus-try, commerce and the general public, andinparticular shall make proper provision for meetingout of their receipts onrevenue account all expenditure to which such receiptsare applicable under theprovisions of this Part of this Act. (2) In the discharge of their saidfunctions the Authority shall beguided by such instructions on questions ofpolicy as may be given to themby the Federal Government. If any dispute arises under this sub-section between theFederal Government and the Authority as to whether a question is or is not aquestion of policy, the decision of the Governor-General in his discretion shallbe (3) The provisions of sub-section (1) of this section shallapply in relation to the discharge by the Federal Government of their functionswith respect to railways as they apply in relation to the functions of theAuthority, but nothing in this sub-section shall be construed as limiting thepowers of the Governor-General under the next succeeding.....

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Requisitioning and Acquisition of Immc Vable Property Act, 1952 Section 8

Title : Principles and Method of Determining Compensation

State : Central

Year : 1952

.....commencement for a period shorter than five years and the maximum period within which such property shall, in accordance with the provisions of sub-section (1A) of section 6, be released from requisition or acquired, extends beyond five years from such commencement, -- (i) first with effect from the date of expiry of five years from the date on which possession of such property has been surrendered or delivered to, or taken by, the competent authority under section 4, and 4[(ii) secondly with effect from the date of expiry of five years, and thirdly with effect from the date of expiry of len years, from the date on which the revision made under sub-clause (i) takes effect;] 4[(c) in any other case, -- "(i) first with effect from the date of expiry of five years from the date on which possession of such property has been surrendered or delivered to. or taken by, the competent authority under section 4, and 5[(ii) secondly with effect from the date of expiry of five yeans, and thirdly with effect from the date of expiry of ten years, from the date on which the revision under sub-cl. (i) takes effect.] (2B) The recurring payment in respect of any property shall be.....

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