Bare Act Search Results

The Kerala Value Added Tax Act, 2003 Complete Act

State: Kerala

Year: 2003

THE KERALA VALUE ADDED TAX ACT, 2003 1 THE KERALA VALUE ADDED TAX ACT, 2003 {UPDATION UPTO FINANCE ACT 2009} An Act to consolidate and amend the law relating to the levy of tax on the sale or purchase of goods based on the concept of Value Added Tax in the State of Kerala. Preamble. - Whereas it is expedient to consolidate and amend the law relating to the levy of tax on the sale or purchase of goods based on the concept of value added tax in the State of Kerala: Be it enacted in the Fifty-fourth Year of the Republic of India as follows: - CHAPTER - I PRELIMINARY 1 . Short title, extent and commencement . " (1) This Act may be called the Kerala Value Added Tax Act, 2003. (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, - (i)"Agriculture" with all its grammatical variations cognate expressions, includes floriculture, horticulture, the raisin of crops, grass or garden produce, and also grazing; but does not include dairy farming, poultry farming, stock.....

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.....

Chit Funds Act, 1982 Chapter I

Title: Preliminary

State: Central

Year: 1982

.....Union territory appointed by the President under article 239 of the Constitution; (r) "subscriber" includes a person who holds a fraction of a ticket and also a transferee of a ticket or fraction thereof by assignment in writing or by operation of law; (s) "ticket", means the share of a subscriber in a chit. Section 3 - Act to override other laws, memorandum, articles, etc. Save as otherwise expressly provided in this Act, (a) the provisions of this Act shall have effect notwithstanding anything to the contrary contained in any other law for the time being in force or in the memorandum or articles of association or bye-laws or in any agreement or resolution whether the same be registered, executed or passed, as the case may be, before or after the commencement of this Act; and (b) any provision contained in the memorandum, articles, bye-laws, agreement or resolution aforesaid, shall, to the extent to which it is repugnant to the provisions of this Act, become null or be void, as the case may be.

Chit Funds Act, 1982 Section 2

Title: Definitions

State: Central

Year: 1982

.....under clause (e) of section 35 of the Banking Regulation Act, 1949 (10 of 1949), or a banking institution notified by the Central Government under section 51 of the Act or such other banking institution as the State Government may, in consultation with the Reserve Bank, approve for the purposes of this Act; (b) "chit" means a transaction whether called chit, chit fund, chitty, kuri or by any other name by or under which a person enters into an agreement with a specified number of persons that every one of them shall subscribe a certain sum of money (or a certain quantity of grain instead) by way of periodical instalments over a definite period and that each such subscriber shall, in his turn, as determined by lot or by auction or by tender or in such other manner as may be specified in the chit agreement, be entitled to the prize amount; Explanation.A transaction is not a chit within the meaning of this clause, if in such transaction, (i) some alone, but not all, of the subscribers get the prize amount without any liability to pay future subscriptions; or (ii) all the subscribers get the chit amount by turns with a liability to pay future subscriptions; (c) "chit.....

Companies Act, 1956 Section 79

Title: Power to Issue Shares at a Discount

State: Central

Year: 1956

.....the issue of the shares or of so much of that discount as has not been written off at the date of the issue of the prospectus. If default is made in complying with this sub-section, the company, and every officer of the company who is in default, shall be punishable with fine which may extend to7[five hundred rupees]. ________________________ 1. Substituted by Act 41 of 1974, Section 9, for "Court" (w.e.f. 1-2-1975) and again Substituted by Act 11 of 2003, Section 12, for "Company Law Board". 2. Certain words omitted by Act 41 of 1974, Section 9 (w.e.f. 1-2-1975). 3. Added by Act 41 of 1974, Section 9 (w.e.f. 1-2-1975). 4. Substituted by Act 11 of 2003, Section 12 for "Company Law Board". 5. Substituted by Act 11 of 2003, Section 12 for "unless that board is of opinion". 6. Inserted by Act 11 of 2003, Section 12. 7. Substituted by Act 53 of 2000, Section 34, for "fifty rupees" (w.e.f. 13-12-2000).

Reserve Bank of India Act, 1934 (2 of 1934) Section 18

Title: Power of Direct Discount

State: Central

Year: 1934

.....not exceeding ninety days, on such terms andconditions as the Bank may consider to be sufficient.] 10 [***] 11 [***] ______________________ 1.The brackets and figure "(1)" omitted by Act 51 of 1974, section 7(w.e.f. 13-12-1974). 2.Substituted by Act 32 of 1951, section 8, for "Central Board" (w.e.f.1-1-1949). 3.Certain words omitted by Act 62 of 1948, section 7 and Schedule (w.e.f.1-1-1949). 4.Substituted by Act 51 of 1974, section 7, for "under this sub-section"(w.e.f. 13-12-1974). 5.The words "or Burma" Inserted by the India and Burma (Burma MonetaryArrangements) Order, 1937 and omitted by Act 11 of 1947, section 12 (w.e.f.1-4-1947). 6.Certain words omitted by Act 51 of 1974, section 7 (w.e.f. 13-12-1974). 7.Substituted by Act 51 of 1974, section 7, for the clause (1) (w.e.f.13-12-1974). 8.Clause (2) omitted by Act 24 of 1978, section 5 (w.e.f. 21-7-1978). 9.Substituted by Act 51 of 1974, section 7 for the clause (3) (w.e.f. 13-12-1974). 10.The proviso omitted by Act 62 of 1948, section 7 and Schedule (w.e.f. 1-1-1949). 11.Sub-section (2) omitted by Act 51 of 1974, section 7 (w.e.f. 13-12-1974).

Companies Act, 2013, Section 53

Title: Prohibition on Issue of Shares at Discount

State: Central

Year: 2013

(1) Except as provided in section 54, a company shall not issue shares at a discount. (2) Any share issued by a company at a discounted price shall be void. (3) Where a company contravenes the provisions of this section, the company shall be punishable with fine which shall not be less than one lakh rupees but which may extend to five lakh rupees and every officer who is in default shall be punishable with imprisonment for a term which may extend to six months or with fine which shall not be less than one lakh rupees but which may extend to five lakh rupees, or with both.

Standards of Weights and Measures Act, 1976 Section 39

Title: Quantities and Origin of Commodities in Packaged Form to Be Declared

State: Central

Year: 1976

.....such unit or weight, measure or number as may be prescribed. (2) Every package to which this Part applies shall bear thereon the name of the manufacturer and also of the packer or distributor. (3) Where the package of a commodity to which this Part applies or the label thereon bears a representation as to the number of servings, of the commodity contained therein, such package or label shall also bear a statement as to the net quantity (in terms of weight, measure or number) of each such serving. (4) The statement on a package or label as to the net weight, measure or number of the contents thereof shall not include any expression which tends to qualify such weight, measure or number: Provided that the Central Government may, by rules, specify the commodities, the weight or measure of which is likely to increase or decrease beyond the prescribed tolerance limits by reason of climatic variations; and it shall be lawful for the manufacturer or packer of the commodity so specified to qualify the statement as to the net content of such commodity by the use of the words "when packed". Explanation. The words "when packed" shall not be used in any case except a case to which.....

Sugar Export Promotion Act, 1958 Section 4

Title: Fixation of Quantity of Sugar for Purposes of Export

State: Central

Year: 1958

(1) The Central Government may, by notification in the Official Gazette, fix from time to time the quantity of sugar which may be exported during any period, and, in fixing such quantity, the Central Government shall have regard to (a) the quantity of sugar available in India, (b) the quantity of sugar which, in its opinion, would be reasonably required for consumption in India, (c) the necessity for exporting sugar with a view to earning foreign exchange in the public interest. (2) The power conferred by sub-section (1) shall be so exercised as to ensure that the quantity fixed under that sub-section for any year does not exceed in the aggregate twenty per cent, of the quantity of sugar produced in India in the season ending with the month of October falling within that year.