Bare Act Search Results

Prize Competitions Act 1955 Complete Act

Title: Prize Competitions Act 1955

State: Central

Year: 1955

.....any prize competition in contravention of the provisions of sections 4 and 5 Section10 - Penalty for failure to keep and submit accounts Section11 - Penalty for other offences in connection with prize competitions Section12 - Offences by Corporations Section13 - Power of licensing authority to call for and inspect accounts and documents Section14 - Power of entry and search Section15 - Forfeiture of newspapers and publications containing prize competitions Section16 - Appeals Section17 - Licensing authority and other officers to be public servants Section18 - Jurisdiction to try offences Section19 - Protection of action under this Act Section20 - Power to make rules

Naval and Aircraft Prize Act, 1971 Complete Act

Title: Naval and Aircraft Prize Act, 1971

State: Central

Year: 1971

Preamble1 - NAVAL AND AIRCRAFT PRIZE ACT, 1971 Section1 - Short title Section2 - Definitions Section3 - Establishment of Prize Courts Section4 - Jurisdiction of Prize Courts in prize cases Section5 - Transfer of cases Section6 - Appeals Section7 - General powers of Prize Courts 5 of 1908 Section8 - Procedure on capture of prize Section9 - Ship and aircraft papers to be brought in Registry Section10 - Goods Section11 - Preemption Section12 - Prize proceedings not to apply to enemy warships and military aircraft Section13 - Capture to belong to Central Government Section14 - Prize salvage Section15 - Offences in respect of prize Section16 - Indemnity against legal proceedings Section17 - Power to make rules Section18 - Dissolution of Prize Courts Section19 - Repeals Section20 - Savings

Prize Chits and Money Circulation Schemes Banning Act 1978 Complete Act

Title: Prize Chits and Money Circulation Schemes Banning Act 1978

State: Central

Year: 1978

Preamble1 - PRIZE CHITS AND MONEY CIRCULATION SCHEMES BANNING ACT 1978 Section1 - Short title and extent Section2 - Definitions Section3 - Banning of prize chits and money circulation schemes or enrolment as members or participation therein Section4 - Penalty for contravening the provisions of section 3 Section5 - Penalty for other offences in connection with prize chits or money circulation schemes Section6 - Offences by companies Section7 - Power to enter, search and seize Section8 - Forfeiture of newspaper and publication containing prize chit or money circulation scheme Section9 - Power to try offences Section10 - Offences under this Act to be cognizable Section11 - Act not to apply to certain prize chits or money circulation schemes Section12 - Transitional provisions Section13 - Power to make rules Section14 - Repeals and saving

Bombay Lotteries (Control and Tax) and Prize Competitions (Tax) Act, 1958, (Maharashtra) Complete Act

Title: the Bombay Lotteries (Control and Tax) and Prize Competitions (Tax) Act, 1958

State: Maharashtra

Year: 1958

Preamble - THE ACT FOR AVOIDING WAGERS (AMENDMENT) ACT, 1865 Section 1 - Contracts declared null and void. No suit allowed on such contracts Section 2 - Nor for commission or brokerage, etc., in respect of agreements by way of gaming or wagering Section 3 - Payments for which guardian and personal representative not to be allowed credit Section 4 - Repeal and savings Section 5 - Number and gender

Chit Funds Act, 1982 Complete Act

State: Central

Year: 1982

..... (a) that the security offered by the foreman under section 20 is insufficient; (b) that the foreman had been convicted of any offence under this Act or under any other Act regulating chit business and sentenced to imprisonment for any such offence; (c) that the foreman had defaulted in the payment of fees or the filing of any statement or record required to be paid or filed under this Act or had violated any of the provisions of this Act or the rules made thereunder; (d) that the foreman had been convicted of any offence involving moral turpitude and sentenced to imprisonment for any such offence unless a period of five years has elapsed since his release: Provided further that before refusing to register a chit under the first proviso, the foreman shall be given a reasonable opportunity of being heard. (3) Every endorsement made under sub-section (2) shall be conclusive evidence that the chit is duly registered under this Act and the registration of a chit shall lapse if the declaration by the foreman under sub-section (1) of section 9-is not filed within three months from the date of such endorsement or within such further period or periods not exceeding three months in.....

The Kerala Chitties Act, 1975 [1] Complete Act

State: Kerala

Year: 1975

THE KERALA CHITTIES ACT, 1975 [1] THE KERALA CHITTIES ACT, 1975 [1] (Act 23 of 1975) An Act to define, amend and consolidate the law relating to chitties in the State of Kerala; Preamble. "WHEREAS it is expedient to define, amend and consolidate the law relating to chitties in the State of Kerala; BE it enacted in the Twenty-sixth Year of the Republic of India as follows: " PART I Preliminary 1. Short title, extent and commencement . "(1) This Act may be called the Kerala Chitties Act, 1975. (2) It extends to the whole of the State of Kerala. (3) It shall come into force on such date as the Government may, by notification in the Gazette, appoint. 2. Definitions. "In this Act, unless the context otherwise requires," (1) "approved bank" means a bank approved by the Government, from time to time, for the purposes of this Act; (2) "chitty" means a transaction, whether called chitty or kuri, by which one or more persons, hereinafter called the "foreman" or "foremen", enter into an agreement with a number of persons that every one of the contracting party shall subscribe a certain amount of money or quantity of grain or other.....

Maharashtra Chit Funds Act, 1974 Complete Act

State: Maharashtra

Year: 1974

.....may, by notification in the Official Gazette, appoint; and different dates may be appointed for different areas and for different provisions of this Act. SECTION 02: DEFINITIONS In this Act, unless the context otherwise requires, (1) "approved bank" means a Bank approved by the State Government for the purposes of this Act; (2) "bye laws" means byelaws relating to a chit and registered under this Act, and for the time being in force, and includes registered amendments of such byelaws ; (3) "chit" means a transaction, whether called chit fund, chitty, unit, bhishi or by any other name, by or under which the Foreman conducting the chit enters into an agreement with a specified number of subscribers that everyone of them shall subscribe a certain sum of money in periodical installments for a definite period, and that each subscriber in his turn, either determined by lot or by auction or by tender or in such other manner as may be provided for in the agreement, be entitled to a prize amount, whether payable in cash, kind or any article of value or in such other manner as may be provided for in such agreement ; (4) "chit agreement" means a document containing the articles of agreement.....

Chit Funds Act, 1982 Chapter III

Title: Rights and Duties of Foreman

State: Central

Year: 1982

.....shall deposit the prize amount forthwith in a separate account in an approved bank mentioned in the chit agreement and intimate in writing the fact of such deposit and the reasons therefor to the prized subscriber and the Registrar: Provided that where any prized subscriber does not collect the prize amount in respect of any instalment of a chit within a period of two months from the date of the draw, it shall be open to the foreman to hold another draw in respect of such instalment. (3) Every payment of the prize amount or the amount of future subscriptions under sub-section (1), and the deposit of the prize amount under sub-section (2), shall be intimated to the subscribers at the next succeeding draw and the particulars of such payment or deposit shall be entered in the minutes of the proceedings of that draw. (4) The foreman shall not appropriate to himself any amount in excess of what he is entitled to under clause (b) or clause (c) of sub-section (1) of section 21: Provided that where the foreman is himself a prized subscriber, he shall be entitled to appropriate to himself the prize amount subject to his complying with provisions of section 31: Provided.....

Chit Funds Act, 1982 Section 22

Title: Duties of Foreman

State: Central

Year: 1982

.....subscribers at the next succeeding draw and the particulars of such payment or deposit shall be entered in the minutes of the proceedings of that draw. (4) The foreman shall not appropriate to himself any amount in excess of what he is entitled to under clause (b) or clause (c) of sub-section (1) of section 21: Provided that where the foreman is himself a prized subscriber, he shall be entitled to appropriate to himself the prize amount subject to his complying with provisions of section 31: Provided further that the foreman may appropriate to himself the interest accruing on the amount deposited under the second proviso to sub-section (1). (5) The foreman shall not admit any person as a subscriber to a chit, if, by such admission, the total number of tickets mentioned in the chit agreement is increased. (6) The foreman shall distribute among the subscribers in accordance with the chit agreement, the dividend either in cash, grain or by way of adjustment towards the subscriptions payable for the next instalment, if any.

Chit Funds Act, 1982 Schedule 1

Title: The Schedule

State: Central

Year: 1982

THESCHEDULE (Seesection 24) PARTI FORMOF BALANCE-SHEET 1. Capital Rs..... 1. Cash Rs..... Authorised Rs..... 2. Balance with banks Issued Rs..... (a) Current account Rs..... (b) Deposit account Rs..... Rs..... Paid up 3. Investments 2. Reserve Fund Rs..... (a) In chits Rs..... 3. Deposits Rs..... (b) In Government securities Rs..... 4. Borrowings Rs..... 4. Share amount due from prized subscribers 5. Foreman's liability in tickets prized Rs..... 6. Prize amount payable Rs..... (a) Secured Rs..... 7 Defaulted subscribers' (b) Unsecured Rs..... Rs..... .....