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Start Free TrialNational Co-operative Development Corporation Act, 1962 Section 2
Title: Definitions
State: Central
Year: 1962
.....constituted under section 10;] 3[(aba) "Central financing institution" means Industrial Development Bank of India established under sub-section (1) of section 3 of the Industrial Development Bank of India Act, 1964 or the Industrial Finance Corporation of India Limited, a company formed and registered under the Companies Act, 1956, or the Industrial Credit and Investment Corporation of India Limited, a Company formed and registered under the Indian Companies Act, 1913;] 4[(b) "Central Warehousing Corporation" means the Central Warehousing Corporation established under sub-section (1) of section 3 of the Warehousing Corporations Act, 1962; (c) "co-operative society" means a society registered or deemed to be registered under the Co-operative Societies Act, 1912 or under the Multi-State Co-operative Societies Act, 1984 or under any other law with respect to cooperative societies for the time being in force in any State, which is engaged in any of the activities specified in 'sub-section (1) of section 9 and includes a Cooperative Land Development Bank, by whatever name called;] (d) "Corporation" means the National Co-operative Development Corporation.....
View Complete Act List Judgments citing this sectionWarehousing Corporations Act, 1962 Chapter I
Title: Preliminary
State: Central
Year: 1962
.....has power to make laws by virtue of entry 33 in List III in the Seventh Schedule to the Constitution; (f) "prescribed" means prescribed by rules under this Act; (g) "recognised association" means an association which is for the time being recognised by the Central Government under section 6 of the Forward Contracts (Regulation) Act, 1952 (74 of 1952)-; (h) "Reserve Bank" means the Reserve Bank of India constituted under the Reserve Bank of India Act, 1934 (2 of 1934); (i) "scheduled bank" means a bank for the time being included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934)1[, and includes a nationalised bank]; (j) "State Bank" means the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955); (k) "State Warehousing Corporation" means a Warehousing Corporation for a State established or deemed to be established under this Act; (l) "Warehousing Corporation" means a Warehousing Corporation established or deemed to be established under this Act; and (m) "year" means the financial year. ________________________ 1. Inserted by Act 42 of 1976 w.e.f. 24.03.1976. 2 . Inserted by Act 37 of 1989. .....
View Complete Act List Judgments citing this sectionWarehousing Corporations Act, 1962 Section 2
Title: Definitions
State: Central
Year: 1962
.....has power to make laws by virtue of entry 33 in List III in the Seventh Schedule to the Constitution; (f) "prescribed" means prescribed by rules under this Act; (g) "recognised association" means an association which is for the time being recognised by the Central Government under section 6 of the Forward Contracts (Regulation) Act, 1952 (74 of 1952)-; (h) "Reserve Bank" means the Reserve Bank of India constituted under the Reserve Bank of India Act, 1934 (2 of 1934); (i) "scheduled bank" means a bank for the time being included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934)1[, and includes a nationalised bank]; (j) "State Bank" means the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955); (k) "State Warehousing Corporation" means a Warehousing Corporation for a State established or deemed to be established under this Act; (l) "Warehousing Corporation" means a Warehousing Corporation established or deemed to be established under this Act; and (m) "year" means the financial year. ________________________ 1. Inserted by Act 42 of 1976 w.e.f. 24.03.1976. 2 . Inserted by Act 37 of 1989.
View Complete Act List Judgments citing this sectionWarehousing Corporations Act, 1962 Complete Act
State: Central
Year: 1962
.....zzc[(ea) enter into, with the previous approval of the Central Government, joint ventures with any corporation established by or under any Central Act or any State Act or with any company formed and registered under the Companies Act, 1956 (1 of 1956) including foreign company or through its subsidiary companies, for carrying out the purposes of this Act. Explanation."For the purposes of this clause, the expression "foreign company" shall have the meaning assigned to it under clause (23-A) of Section 2 of the Income Tax Act, 1961 (43 of 1961);] zzc[(eb) establish subsidiary companies; and.] (f) carry out such other functions as may be prescribed. SECTION 12: EXECUTIVE COMMITTEE (1) There shall be an Executive Committee of the Central Warehousing Corporation which shall consist of-- (a) the Chairman and the Vice-Chairman of the board of directors; (b) the managing director; and (c) two other directors chosen by the Corporation in the prescribed manner. (2) The Chairman and the Vice-Chairman of the board of directors shall be the Chairman and the Vice-Chairman respectively of the Executive Committee. (3) Subject to the general control, direction and superintendence of.....
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