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Banking Service Commission Act, 1984 [Repealed] Section 12

Title : Duty of Public Sector Banks to Communicate to the Commission of Number of Vacancies

State : Central

Year : 1984

.....direct recruitment, (c) vacancies in posts of officers of and above the rank of Assistant General Manager or of its equivalent rank required to be filled by promotion. and such communication shall be sent in respect of all such vacancies which are likely to occur during the unexpired portion of the year in which this section comes into force, as soon as may be after such commencement and in respect of all such vacancies as are likely to occur during each subsequent year, as soon as may be after the commencement of such year: PROVIDED that in relation to junior management grade in the general category, the Central Government may, if it is of opinion that it is necessary so to do in the interests of the public sector banks, by notification, raise the percentage of vacancies to be communicated to the Commission to thirty-three and one-third per cent. (2) Communications of vacancies referred to in sub-section (1) shall be made in such form and in such manner as maybe specified in the regulations.

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Banking Service Commission Act, 1984 [Repealed] Section 10

Title : Duty of Commission to Hold Competitive Examinations or Make Selections for Appointment to Posts in Public Sector Banks

State : Central

Year : 1984

It shall be the duty of the Commission lo conduct examination or to make selections or both for appointments in public sector banks for filling vacancies in- (a) posts of officers required to be filled by direct recruitment. (b) posts of officers of and above the rank of Assistant General Manager or of its equivalent rank required to be filled by promotion; and (c) such other posts as the Central Government may, by notification, specify.

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Public Sector Iron and Steel Companies (Restructuring) Preamble 1

Title : Public Sector Iron and Steel Companies (Restructuring)and Miscellaneous Provisions Act, 1978

State : Central

Year : 1978

THE PUBLIC SECTOR IRON AND STEEL COMPANIES (RESTRUCTURING) AND MISCELLANEOUS PROVISIONS ACT, 1978 [Act, No.16 of 1978] [30th April, 1978] PREAMBLE An Act to provide for restructuring of the iron and steel companies in the public Sector so as to secure better management and grater efficiency in their working and for matters connected therewith or incidental thereto. BE it enacted by Parliament in the Twenty-ninth Year of the Republic of India as follows:

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Public Sector Iron and Steel Companies (Restructuring) Complete Act

Title : Public Sector Iron and Steel Companies (Restructuring)

State : Central

Year : 1978

.....- Provisions relating to officers and other employees of dissolved companies Section15 - Provisions relating to officers and employees of transferred units Section16 - Provisions relating to directors Section17 - Provision relating to auditors Section18 - Compensation for transfer not payable Section19 - Provident Fund Section20 - Gratuity, welfare and other funds Chapter V Section21 - Provisions with respect to income-tax and sur-tax Section22 - Taxes, fees and other charges not payable Chapter VI Section23 - Savings of contracts etc Section24 - Saving of legal proceedings Section25 - Power to remove difficulties Section26 - Act to override the provisions of other laws Section27 - Power to amend memorandum and articles of association ScheduleI - SCHEDULE ScheduleII - SCHEDULE

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Small Industries Developement Bank of India Act, 1989 Chapter II

Title : Establishment of the Small Industries Development Bank of India and Capital Thereof

State : Central

Year : 1989

.....consisting of such number of equity shares and redeemable preference shares as it may deem fit.] ________________________ 1. Substituted by Act 7 of 2000, sec. 3, for section 4 (w.e.f. 27-3-2000). Section 4A - Conversion of equity shares into redeemable preference shares 1 [4A.Conversion of equity shares into redeemable preference shares (1)The Central Government may, at any time after the commencement of theSmall Industries Development Bank of India (Amendment) Act, 2000, bynotification, convert such number of equity shares held by the Development Bank,the public sector banks, the General Insurance Corporation, the Life InsuranceCorporation and other institutions owned or controlled by the CentralGovernment, not exceeding twenty-five crores, as it may decide, into redeemablepreference shares: Providedthat such conversion shall in no case reduce the equity shares held in aggregateby the Development Bank, the public sector banks, the General InsuranceCorporation, the Life Insurance Corporation and other institutions owned orcontrolled by the Central Government to less than fifty-one per cent. (2)The redeemable preference shares referred to in sub-section (1).....

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High Denomination Bank Notes (Demonetisation) Act, 1978 Section 6

Title : Exchange of High Denomination Bank Notes Held by Banks and Government Treasuries

State : Central

Year : 1978

.....equivalent amount in exchange for the high denomination bank notes declared by it in the return referred to in section 5 in bank notes or by credit to Government account. (4) Notwithstanding anything contained in sub-sections (1), (2) and (3), where the return referred to in section 5 is presented in the manner provided in the proviso to sub-section (3) of that section, the exchange referred to in this section may be effected only by the Reserve Bank at Bombay. (5) Every application for the exchange of high denomination bank notes under this section shall be accompanied by the copy of the return received under sub-section (4) of section 5 which contains the distinctive numbers of such bank notes.

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Small Industries Developement Bank of India Act, 1989 Chapter III

Title : Management of the Small Industries Bank

State : Central

Year : 1989

.....of Directors 1[8. Disqualifications of Directors A person shall not be eligible for being elected as a Director under clause (1) of sub-section (1) of section 6, if he.-- (a) has been found to be of unsound mind by a court of competent jurisdiction and the finding is in force; (b) is an undischarged insolvent; (c) has applied to be adjudicated as an insolvent and his application is pending; (d) has been convicted by a court of competent jurisdiction, of any offence involving moral turpitude and sentenced in respect thereof to imprisonment for not less than six months and a period of five years has not elapsed from the date of expiry of the sentence; or (e) has not paid any call in respect of shares of the Small Industries Bank held by him, whether alone or jointly with others, and six months have elapsed from the last day fixed for the payment of the call. ________________________ 1. Substituted by Act 7 of 2000, sec. 5, for sections 8 and 9 (w.e.f. 27-3-2000). Section 9 - Vacation and resignation of office by Directors (1) The office of a Director shall become vacant if he-- (a) becomes subject to any of the disqualifications mentioned in section.....

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Banking Service Commission Act, 1984 [Repealed] Chapter II

Title : Banking Service Commission

State : Central

Year : 1984

..... (5) The terms and conditions of service of any Inquiry Officer appointed under sub-section (3) shall be such as the Central Government may, by order, specify. Section 7 - Power of Commission to constitute committees (1) The Commission may, in such manner and subject to such conditions and restrictions as may be prescribed, constitute one or more committees consisting wholly of its members or partly of its members and partly of other persons and delegate to any committee so constituted such of the functions and powers of the Commission as may be specified in the rules made by the Central Government: PROVIDED that the Commission may constitute any committee either with or without, the Chairman as one of the members of such committee. (2) The sitting fee and traveling allowance payable to persons, other than the Chairman and members for attending any meeting of the committee, shall be such as may be prescribed. Section 8 - Secretary and other staff of the Commission (1) The Commission may, with the previous sanction of the Central Government, appoint a Secretary for the efficient discharge of its functions under this Act. (2) The terms and conditions of service.....

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Banking Service Commission Act, 1984 [Repealed] Complete Act

Title : Banking Service Commission Act, 1984 [Repealed]

State : Central

Year : 1984

.....of Commission Section19 - Payment to the Commission Section20 - Budget of the Commission Section21 - Accounts and audit Section22 - Annual report Chapter IV Section23 - Obligation as to secrecy Section24 - Chairman, members, etc. to be public servants Section25 - Certain defects not to invalidate acts or proceedings Section26 - Protection of action taken In good faith Section27 - Commission not liable to be taxed Section28 - Delegation of powers Section29 - Amendment of Act 14 of 1947 Section30 - Returns and information Section31 - Power to make rules Section32 - Power to make regulations Section33 - Rules and regulations to be laid before Parliament Section34 - Power to remove difficulty Repealing Act1 - BANKING SERVICE COMMISSION (REPEAL) ACT, 2003

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National Housing Bank Act, 1987 Chapter II

Title : Establishment of the National Housing Bank and Capital Thereof

State : Central

Year : 1987

.....Bank shall be a body corporate with the name aforesaid having perpetual succession and a common seal with power, subject to the provisions of this Act, to acquire, hold and dispose of property and to contract, and may, by that name, sue and be sued. (3) The head office of the National Housing Bank shall be at Bombay or at such other place as the Reserve Bank may, by notification, specify. (4) The National Housing Bank may establish offices, branches or agencies at any place in India, and with the previous approval of the Reserve Bank, at any place outside India. _____________________ 1. 9-7-88 -- Date on which National Housing Bank established Section 4 - Capital 1 [ Capital (1) The authorised and paid-up capital of the National Housing Bank shall be three hundred and fifty crores of rupees: Provided that the Central Government may, in consultation with the Reserve Bank, by notification, increase the authorised capital up to two thousand crores of rupees. (2) The Board may, on such terms and conditions, as determined by it from time to time, issue the increased authorised capital to the Reserve Bank, the Central Government, scheduled banks, public financial.....

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