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The 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.....

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Maharashtra Unaided Private Professional Educational Institutions (Regulation Of Admissions And Fees) Act, 2015 Complete Act

State: Maharashtra

Year: 2015

.....OF ADMISSIONS AND FEES) ACT, 2015 MAHARASHTRA UNAIDED PRIVATE PROFESSIONAL EDUCATIONAL INSTITUTIONS (REGULATION OF ADMISSIONS AND FEES) ACT, 2015 MAHARASHTRA ACT No. XXVIII OF 2015. (First published, after having received the assent of the Governor in the Maharashtra Government Gazette , on the 17th August 2015). An Act to provide for regulation of admissions and fees by Unaided Private Professional Educational Institutions in the State of Maharashtra and for matters connected therewith or incidental thereto. WHEREAS both Houses of the State Legislature were not in session; AND WHEREAS the Governor of Maharashtra was satisfied that circumstances existed which rendered it necessary for him to take immediate action to provide for regulation of admissions and fees by Unaided Private Professional Educational Institutions in the State of Maharashtra and for matters connected therewith or incidental thereto ; and, therefore, promulgated the Maharashtra Unaided Private Professional Educational Institutions (Regulation of Admissions and Fees) Ordinance, 2015 on the 12th May 2015 ; AND WHEREAS it is expedient to replace the said Ordinance, by an Act of the State.....

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The Commercial Courts, Commercial Division &Amp; Commercial Appellate Division Of High Courts Act, 2015 Complete Act

State: Central

Year: 2015

.....APPELLATE DIVISION OF HIGH COURTS ACT, 2015 THE COMMERCIAL COURTS, COMMERCIAL DIVISION & COMMERCIAL APPELLATE DIVISION OF HIGH COURTS ACT, 2015 NO. 4 OF 2016 An Act to provide for the constitution of Commercial Courts, Commercial Division and Commercial Appellate Division in the High Courts for adjudicating commercial disputes of specified value and matters connected therewith or incidental thereto. Be it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows: CHAPTER I PRELIMINARY Short title, extent and commencement. 1. (1) This Act may be called the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015. (2) It extends to the whole of India except the State of Jammu and Kashmir. (3) It shall be deemed to have come into force on the 23rd day of October, 2015. Definitions. 2. (1) In this Act, unless the context otherwise requires, (a) Commercial Appellate Division means the Commercial Appellate Division in a High Court constituted under sub-section (1) of section 5; (b) Commercial Court means the Commercial Court constituted under sub-section (1) of section 3; (c) commercial dispute .....

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The West Bengal Finance Act, 2014 Complete Act

State: West Bengal

Year: 2014

.....as the State Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for different provisions of this Act. Amendment of Bengal Act V of 1922:- 2. In the Bengal Amusements Tax Act, 1922, in section 8C, in clause (a),- (1) for sub-clause (i), the following sub-clause shall be substituted:- (i) in the case of a new multiplex theatre complex,- (A) if it is situated under the jurisdiction of the Kolkata Municipal Corporation or the municipalities of Baranagar, Dum Dum, South Dum Dum and Bidhannagar, four years, where it constitutes not less than three theatres and three years, where it constitutes two theatres, (B) if it is situated in the districts of Howrah, Hooghly, Burdwan, Nadia, Purba Medinipur, Paschim Medinipur, North 24-Parganas excluding the areas mentioned in item (A) and the areas under Sunderbans and South 24-Parganas excluding the areas under the Kolkata Municipal Corporation mentioned in item (A) and Sunderbans, six years, where it constitutes not less than three theatres and five years, where it constitutes two theatres, and (C) if it is situated in an area other than those areas specified in items (A) and (B) above, seven.....

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The Seacom Skills University Act, 2014 Complete Act

State: West Bengal

Year: 2014

.....conducted by the University or by Common Entrance Test conducted at the State or National level: Provided that any achievements in co-curricular activities or extra-curricular activities may be given weightage at the discretion of the University: Provided further that the admission criteria for specific courses, as prescribed by the concerned Regulatory Bodies, shall be adhered to. (3) The seats in Engineering and Technology courses in the University or the colleges and other institutions subsumed in the University, shall be guided by the existing framework of the All India entrance examination or the West Bengal Joint Entrance Board through its state level common entrance test and counseling process until the University opts to work out its own entrance examination framework for admission into the courses as per the decision of the Governing Board. (4) The University shall keep five percent of total intake reserved for filling up with economically weaker persons in the manner as may be prescribed by the State Government from time to time. Examinations and results:- 35. (1) The University shall at the beginning of each academic session and in any case not later than 31st of.....

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The Adamas University Act, 2014 Complete Act

State: West Bengal

Year: 2014

.....in the Sixty-fifth Year of the Republic of India, by the Legislature of West Bengal, as follows:- Short title, extent and commencement:- 1. (1) This Act may be called the Adamas University Act, 2014. (2) It shall extend to the whole of the State of West Bengal. (3) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint. Definitions:- 2. In this Act, unless the context otherwise requires,- (1) Academic Council means the Academic Council of the University; (2) Administrator means the Administrator appointed under this Act by the State Government; (3) Chairman means the Chairman of the Governing Board; (4) Chancellor means the Chancellor of the University; (5) Distance Education means education imparted by a combination of any two or more means of communication like contact programmes, correspondence courses, online courses, broadcasting, telecasting, seminars and any other such methodology; Note.-Through distance education a student is expected to study a course or a part of it without being present physically; (6) Employee means a person appointed by the University to work in the University or its study centres,.....

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Maharashtra Tax Laws (Levy, Amendment And Validation) Act, 2014 Complete Act

State: Maharashtra

Year: 2014

.....so far as they relate to the recovery of tax as arrears of land revenue, shall mutatis mutandis apply for the purposes of recovery of tax under this Act. The authorities appointed under this Act shall have and exercise all the powers and perform all the duties of the equivalent authorities appointed under the Maharashtra Value Added Tax Act, 2002. Amendment of section 12B in Mah. IX of 1962. 4. In section 12B of the Purchase Tax on Sugarcane Act, after clause (d), the following clause shall be added, namely:- (e) for the purpose of assisting the sugar factories in the State, to give the fair and remunerative price to the farmers for the year 2013-14. CHAPTER IV AMENDMENTS TO THE MAHARASHTRA STATE TAX ON PROFESSIONS, TRADES, CALLINGS AND EMPLOYMENTS ACT, 1975. Amendment of Section 6 of Mah. XVI of 1975. Mah. XVI of 1975. 5. In section 6 of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 (hereinafter, in this Chapter, referred to as the Profession Tax Act), to sub-section (3), the following proviso shall be added, namely:- Provided that, if the State Government is satisfied that it is necessary so to do in the public interest, it may, from time.....

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The Rani Lakshmi Bai Central Agricultural University Act, 2014 Complete Act

State: Central

Year: 2014

.....proposes to take or has been taken by it upon the results of such inspection or inquiry. (8) Where the Board does not, within reasonable time, take action to the satisfaction of the Visitor, the Visitor may, after considering any explanation furnished or representation made by the Board, issue such directions as he may think fit and the Board shall be bound to comply with such directions. (9) Without prejudice to the foregoing provisions of this section, the Visitor may, by an order in writing, annul any proceeding of the University which is not in conformity with this Act, the Statutes or the Ordinances: Provided that before making any such order, he shall call upon the University to show cause why such an order should not be made and, if any cause is shown within a reasonable time, he shall consider the same. (10) The Visitor shall have such other powers as may be prescribed by the Statutes. Officers of the University. 10. The following shall be the officers of the University, namely: (1) the Chancellor; (2) the Vice-Chancellor; (3) the Deans; (4) the Directors; (5) the Registrar; (6) the Comptroller; (7) the University Librarian; and (8) such other officers as may be.....

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The Finance Act, 2014 Complete Act

State: Central

Year: 2014

.....the agricultural income of the assessee for the previous year relevant to the assessment year commencing on the 1st day of April, 2015.; (B) for sub-rule (4), the following sub-rule shall be substituted, namely: (4) Notwithstanding anything contained in this rule, no loss which has not been determined by the Assessing Officer under the provisions of these rules or the rules contained in Part IV of the First Schedule to the Finance Act, 2006 (21 of 2006), or of the First Schedule to the Finance Act, 2007 (22 of 2007), or of the First Schedule to the Finance Act, 2008 (18 of 2008), or of the First Schedule to the Finance (No. 2) Act, 2009 (33 of 2009), or of the First Schedule to the Finance Act, 2010 (14 of 2010), or of the First Schedule to the Finance Act, 2011 (8 of 2011), or of the First Schedule to the Finance Act, 2012 (23 of 2012), or of the First Schedule to the Finance Act, 2013 (17 of 2013) shall be set off under sub-rule (1) or, as the case may be, subrule (2)..

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Companies Act, 2013, Section 127

Title: Punishment for Failure to Distribute Dividends

State: Central

Year: 2013

.....may extend to two years and with fine which shall not be less than one thousand rupees for every day during which such default continues and the company shall be liable to pay simple interest at the rate of eighteen per cent. per annum during the period for which such default continues: Provided that no offence under this section shall be deemed to have been committed:-- (a) where the dividend could not be paid by reason of the operation of any law; (b) where a shareholder has given directions to the company regarding the payment of the dividend and those directions cannot be complied with and the same has been communicated to him; (c) where there is a dispute regarding the right to receive the dividend; (d) where the dividend has been lawfully adjusted by the company against any sum due to it from the shareholder; or (e) where, for any other reason, the failure to pay the dividend or to post the warrant within the period under this section was not due to any default on the part of the company.

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