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Start Free TrialThe Arbitration And Conciliation (Amendment) Act, 2015 Complete Act
State: Central
Year: 2015
.....2015 THE ARBITRATION AND CONCILIATION (AMENDMENT) ACT, 2015 NO. 3 OF 2016 [31st December, 2015.] An Act to amend the Arbitration and Conciliation Act, 1996. BE it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows: Short title and commencement. 1. (1) This Act may be called the Arbitration and Conciliation (Amendment) Act, 2015. (2) It shall be deemed to have come into force on the 23rd October, 2015. Amendment of section 2. 2. In the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the principal Act), in section 2, (I) in sub-section (1), (A) for clause (e), the following clause shall be substituted, namely: (e) Court means (i) in the case of an arbitration other than international commercial arbitration, the principal Civil Court of original jurisdiction in a district, and includes the High Court in exercise of its ordinary original civil jurisdiction, having jurisdiction to decide the questions forming the subject-matter of the arbitration if the same had been the subject-matter of a suit, but does not include any Civil Court of a grade inferior to such principal Civil Court, or any Court of Small Causes; (ii) in the.....
List Judgments citing this sectionHimachal Pradesh Panchayati Raj (Amendment) Act, 2015 Complete Act
State: Himachal
Year: 2015
.....PANCHAYATI RAJ (AMENDMENT) ACT, 2015 (As Assented to by the Governor On 10th MAY, 2015) An Act further to amend the Himachal Pradesh Panchayati Raj Act, 1994 (Act No. 4 of 1994) Be it enacted by the Legislative Assembly of Himachal Pradesh in the Sixty-sixth Year of the Republic of India as follows:- 1. Short title.- This Act may be called the Himachal Pradesh Panchayati Raj (Amendment) Act, 2015. 2. Amendment of section 2. In section 2 of the Himachal Pradesh Panchayati Raj Act, 1994 (Hereinafter referred to as the principal Act ),- (a) after clause (19), the following new clause (19-A) shall be inserted, namely:- (19-A) Mahila Gram Sabha means a Mahila Gram Sabha constituted under section 5-B of this Act ; and (b) after clause 21, the following new clause (21-A) shall be inserted, namely:- (21-A) near relative means any person who is related to the office-bearer of the Panchayat which includes, father, mother, grand-father, grand-mother, wife, husband, father-in-law, mother-in-law, maternal or paternal unlce, son, grand-son, daughter, grand-daughter, son-in-law, daughter-in-law, brother, brother-in-law, nephew, niece, sister or sister s husband: . 3. Amendment of.....
List Judgments citing this sectionRajiv Gandhi National Aviation University Act, 2013, Section 5
Title: Powers of University
State: Central
Year: 2013
.....necessary; (xxxvi) to make arrangements for promoting the health and general welfare of the employees of the University; (xxxvii) to receive benefactions, donations and gifts from persons and to name after them such chairs, institutions, buildings and the like, the University may determine, whose gift or donation to the University is worth such amount as the University may decide; (xxxviii) to acquire, hold, manage and dispose of any property, movable or immovable, including trust and endowment properties for the purposes of the University; (xxxix) to borrow, with the approval of the Central Government, on the security of the property of the University, money for the purposes of the University; (xl) to assess needs of the students in terms of subjects, fields of specialisation, levels of education and training of technical manpower, both on short and long term basis, and to initiate necessary programmers to meet these needs; (xli) to initiate measures to enlist the co-operation of the industry to provide complementary facilities; (xlii) to provide for instruction through "distance learning" and "open approach" and for mobility of students from the non-formal open.....
View Complete Act List Judgments citing this sectionCOMPANIES ACT, 2013, Section 134
Title: Financial statement, Board's report, etc.
State: Central
Year: 2013
.....a company in general meeting, a report by its Board of Directors, which shall include-- (a) the extract of the annual return as provided under sub-section (3) of section 92; (b) number of meetings of the Board; (c) Directors' Responsibility Statement; (d) a statement on declaration given by independent directors under sub-section (6) of section 149; (e) in case of a company covered under sub-section (1) of section 178, company's policy on directors' appointment and remuneration including criteria for determining qualifications, positive attributes, independence of a director and other matters provided under sub-section (3) of section 178; (f) explanations or comments by the Board on every qualification, reservation or adverse remark or disclaimer made-- (i) by the auditor in his report; and (ii) by the company secretary in practice in his secretarial audit report; (g) particulars of loans, guarantees or investments under section 186; (h) particulars of contracts or arrangements with related parties referred to in sub-section (1) of section 188 in the prescribed form; (i) the state of the company's affairs; (j) the amounts, if any, which it proposes to.....
View Complete Act List Judgments citing this sectionCompanies Act, 2013, Section 236
Title: Purchase of Minority Shareholding
State: Central
Year: 2013
.....negotiate or reach an understanding on a higher price for any transfer, proposed or agreed upon, of the shares held by them without disclosing the fact or likelihood of transfer taking place on the basis of such negotiation, understanding or agreement, the majority shareholders shall share the additional compensation so received by them with such minority shareholders on a pro rata basis. Explanation.--For the purposes of this section, the expressions "acquirer" and "person acting in concert" shall have the meanings respectively assigned to them in clause (b) and clause (e) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. (9) When a shareholder or the majority equity shareholder fails to acquire full purchase of the shares of the minority equity shareholders, then, the provisions of this section shall continue to apply to the residual minority equity shareholders, even though,-- (a) the shares of the company of the residual minority equity shareholder had been delisted; and (b) the period of one year or the period specified in the regulations made by the Securities.....
View Complete Act List Judgments citing this sectionCompanies Act, 2013, Section 327
Title: Preferential Payments
State: Central
Year: 2013
.....to the company during that period. Explanation. -- For the purposes of this section,-- (a) the expression "accrued holiday remuneration" includes, in relation to any person, all sums which, by virtue either of his contract of employment or of any enactment including any order made or direction given thereunder, are payable on account of the remuneration which would, in the ordinary course, have become payable to him in respect of a period of holiday, had his employment with the company continued until he became entitled to be allowed the holiday; (b) the expression "employee" does not include a workman; and (c) the expression "relevant date" means-- (i) in the case of a company being wound up by the Tribunal, the date of appointment or first appointment of a provisional liquidator, or if no such appointment was made, the date of the winding up order, unless, in either case, the company had commenced to be wound up voluntarily before that date; and (ii) in any other case, the date of the passing of the resolution for the voluntary winding up of the company.
View Complete Act List Judgments citing this sectionCompanies Act, 2013, Schedule
Title: Schedule Ii
State: Central
Year: 2013
.....the following are the useful lives of various tangible assets: Nature of assets Useful Life I. Buildings [NESD] (a) Buildings (other than factory buildings) RCC Frame Structure 60 Years (b) Buildings (other than factory buildings) other than RCC Frame Structure 30 Years (c) Factory buildings -do- (d) Fences, wells, tube wells 5 Years (e) Others (including temporary structure, etc.) 3 Years II. Bridges, culverts, bunders, etc. [NESD] 30 Years III. Roads [NESD] (a) Carpeted roads (i) Carpeted Roads-RCC 10 Years (ii) Carpeted Roads-other than RCC 5 Years (b) Non-carpeted roads 3 Years IV. Plant and Machinery (i) General rate applicable to plant and machinery not covered under special plant and machinery (a) Plant and Machinery other than continuous process plant not covered under specific industries 15 Years (b) continuous process plant for which no special rate has been prescribed under (ii) below [NESD] 8 Years (ii) Special Plant and Machinery (a) Plant and Machinery related to production and exhibition of Motion Picture Films 1. Cinematograph films--Machinery used in the production and exhibition of.....
View Complete Act List Judgments citing this sectionCompanies Act, 2013, Schedule
Title: Schedule V
State: Central
Year: 2013
.....Act, 2002 (15 of 2003); (b) he had not been detained for any period under the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 (52 of 1974): Provided that where the Central Government has given its approval to the appointment of a person convicted or detained under sub-paragraph (a) or sub-paragraph (b), as the case may be, no further approval of the Central Government shall be necessary for the subsequent appointment of that person if he had not been so convicted or detained subsequent to such approval. (c) he has completed the age of twenty-one years and has not attained the age of seventy years: Provided that where he has attained the age of seventy years; and where his appointment is approved by a special resolution passed by the company in general meeting, no further approval of the Central Government shall be necessary for such appointment; (d) where he is a managerial person in more than one company, he draws remuneration from one or more companies subject to the ceiling provided in section V of Part II; (e) he is resident of India. Explanation I. -- For the purpose of this Schedule, resident in India includes a person.....
View Complete Act List Judgments citing this sectionAnnamalai University Act, 2013 Complete Act
State: Tamil Nadu
Year: 2013
.....of University." (1) On and from the date of commencement of this Act, the Annamalai University established under the Annamalai University Act, 1928 (Tamil Nadu Act 1 of 1929) shall be deemed to have been established and incorporated under this Act and is hereby declared to be the University by the aforesaid name. (2) The University shall be a body corporate, shall have perpetual succession and a common seal and shall sue and be sued by the said name. (3) The headquarters of the University shall be located within the limits of the Annamalai Nagar or in any place within a radius of sixteen kilometres around those limits. 4. Objects and powers of University."The University shall have the following objects and powers, namely:" (1) to provide for instruction and training in such branches of learning as it may determine including professional studies and technology; (2) to provide for research and for the advancement and dissemination of knowledge; (3) to institute degrees, titles, diplomas and other academic distinctions; (4) to hold examinations and to confer degrees, titles, diplomas and other academic distinctions on persons who" (a) have pursued an approved course of.....
List Judgments citing this sectionTamil Nadu Fisheries University Act, 2012 Complete Act
State: Tamil Nadu
Year: 2012
.....report to the Chancellor, the action taken or proposed to be taken on the advice tendered by the Chancellor. (6) If the University does not take action within the time limit fixed or if the action taken by the University is in the opinion of the Chancellor not satisfactory, the Chancellor may, after considering any explanation offered or representation made by the University, issue such direction as they may deem fit and the University shall comply with such direction. (7) If the University does not comply with such direction within such time as may be fixed in that behalf by the Chancellor, the Chancellor shall have power to appoint any person or body to comply with such direction and make such orders as may be necessary for the expenses thereof. CHAPTER III OFFICERS OF THE UNIVERSITY 8. Officers of University. " The University shall consist of the following officers, namely:" (1) The Chancellor; (2) The Pro-Chancellor; (3) The Vice-Chancellor; (4) The Registrar; (5) The Deans; (6) The Director of Research; (7) The Director of Extension Education; (8) The Directors; (9) The Controller of Examinations; (10) The Finance Officer; and (11) Such other.....
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