Bare Act Search Results

Indian Contract Act, 1872 Section 205

Title: Compensation for Revocation by Principal, or Renunciation by Agent

State: Central

Year: 1872

Where there is an express or implied contract that the agency should be continued for any period of time, the principal must make compensation to the agent, or the agent to the principal, as the case may be, for any previous revocation or renunciation of the agency without sufficient cause.

Indian Contract Act, 1872 Section 206

Title: Notice of Revocation or Renunciation

State: Central

Year: 1872

Reasonable notice must be given of such revocation or renunciation; otherwise the damage thereby resulting to the principal or the agent, as the case may be, must be made good to the one by the other.

Indian Contract Act, 1872 Section 207

Title: Revocation and Renunciation May Be Expressed or Implied

State: Central

Year: 1872

Revocation and renunciation may be expressed or may be implied in the conduct of that principal or agent respectively. Illustration A empowers B to let A's house. Afterwards A lets it himself. This is an implied revocation of B's authority.

Citizenship Act, 1955 Section 7C

Title: Renunciation of Overseas Citizenship

State: Central

Year: 1955

1[Section 7C - Renunciation of overseas citizenship (1) If any overseas citizen of India of full age and capacity makes in the prescribed manner a declaration renouncing his overseas citizenship of India, the declaration shall be registered by the Central Government, and upon such registration, that person shall cease to be an overseas citizen of India. (2) Where a person ceases to be an overseas citizen of India under sub-section (1), every minor child of that person registered as an overseas citizen of India, shall thereupon cease to be an overseas citizen of India.] ________________________ 1.Inserted by Citizenship Amdt Act, 2003 (6 of 2004).

Indian Succession Act, 1925 Section 230

Title: Form and Effect of Renunciation of Executorship

State: Central

Year: 1925

The renunciation may be made orally in the presence of the Judge, or by a writing signed by the person renouncing, and when made shall preclude him from ever thereafter applying for probate of the Will appointing him executor.

Indian Contract Act, 1872 Chapter 10

Title: Agency

State: Central

Year: 1872

.....of the loan. Section 198 - Knowledge requisite for valid ratification No valid ratification can be made by a person whose knowledge of the facts of the case is materially defective. Section 199 - Effect of ratifying unauthorized act forming part of a transaction A person ratifying any unauthorized act done on his behalf ratifies the whole of the transaction of which such act formed a part. Section 200 - Ratification of unauthorized act cannot injure third person An act done by one person on behalf of another, without such other person's authority, which, if done with authority, would have the effect of subjecting a third person to damages, or of terminating any right or interest of a third person, cannot, by ratification, be made to have such effect. Illustration (a) A, not being authorized thereto by B, demands, on behalf of B, the delivery of a chattel, the property of B, from C, who is in possession of it. This demand cannot be ratified by B, so as to make C liable for damages for his refusal to deliver. (b) A holds a lease from B, terminable on three months' notice. C, an unauthorized person, gives notice of termination to A. The notice cannot be.....

Contract Act, 1872 Complete Act

State: Central

Year: 1872

..... (3) by the failure of the acceptor to fulfil a condition precedent to acceptance; or (4) by the death or insanity of the proposer, if the fact of the death or insanity comes to the knowledge of the acceptor before acceptance. SECTION 07: ACCEPTANCE MUST BE ABSOLUTE In order to convert a proposal into a promise, the acceptance must- (1) be absolute and unqualified ; (2) be expressed in some usual and reasonable manner, unless the proposal prescribes the manner in which it is to be accepted. If the proposal prescribes a manner in which it is to be accepted, and the acceptance is not made in such a manner, the proposer may, within a reasonable time after the acceptance is communicated to him, insist that his proposal shall be accepted in the prescribed mariner, and not otherwise; but if he fails to do so, he accepts the acceptance. SECTION 08: ACCEPTANCE BY PERFORMING CONDITIONS, OR RECEIVING CONSIDERATION. Performance of the conditions of a proposal, or the acceptance of any consideration for a reciprocal promise which may be offered with a proposal, is an acceptance of the proposal. SECTION 09: PROMISES, EXPRESS OR IMPLIED. Insofar as the proposal or.....

Dissolution of Muslim Marriages Act, 1939 Complete Act

State: Central

Year: 1939

.....woman shall be entitled to obtain a decree for the dissolution of her marriage on any of the grounds mentioned, in section 2-: Provided further that the provisions of this section shall not apply to a woman converted to Islam from some other faith who re-embraces her former faith. SECTION 05: RIGHTS TO DOWER NOT TO BE AFFECTED - Nothing contained in this Act shall affect any right which a married woman may have under Muslim law to her dower or any part thereof on the dissolution of her marriage. SECTION 06: REPEAL OF SECTION 5 OF ACT 26 OF 1937 -[Repealed by the Repealing and Amending Act, 1942 (25 of 1942), S. 2 and Sch. I]. Footnotes: 2. Substituted for the old sub-section (2) by the Miscellaneous Personal Laws (Extension) Act, 1959 (98 of 1959), S. 3 and Sch. I (1-2-1960). Central Bare Acts

Securities Contracts (Regulation) Rules, 1957 Complete Act

State: Central

Year: 1957

.....desirous of renewal of such recognition may make an application to the3[Securities and Exchange Board of India] in Form A. (2) The provisions of rule 3-,rule 4-,rule 5-,4[rule 5A-] and rule 6-shall apply in relation to renewal of recognition as they apply in relation to grant of recognition except that the fee payable in respect of an application for renewal of recognition shall be rupee two hundred. RULE 08: QUALIFICATIONS FOR MEMBERSHIP OF A RECOGNISED STOCK EXCHANGE The rules relating to admission of members of a stock exchange seeking recognition shall inter alia provide that : (1) No person shall be eligible to be elected as a member if- (a) he is less than twenty-one years of age; ( b) he is not a citizen of India; provided that the governing body may in suitable cases relax this condition with the prior approval of the5[Securities and Exchange Board of India]; (c) he has been adjudged bankrupt or a receiving order in bankruptcy has been made against him or he has been proved to be insolvent even though he has obtained his final discharge; (d) he has been compounded with his creditors unless he has paid sixteen annas in the rupee; (e) he has been convicted of.....

Companies Act, 1956 Part 3

Title: Prospectus and Allotment, and Other Matters Relating to Issue of Shares or Debentures

State: Central

Year: 1956

.....disclosed, he proves that he had no knowledge thereof; or (b) he proves that the non-compliance or contravention arose from an honest mistake of fact on his part; or (c) the non-compliance or contravention was in respect of matters which, in the opinion of the Court dealing with the case4[were immaterial] or was otherwise such as ought, in the opinion of that court, having regard to all the circumstances of the case, reasonably to be excused: Provided that no director or other person shall incur any liability in respect of the failure to include in a prospectus a statement with respect to the matters specified in clause 18 of Schedule II, unless it is proved that he had knowledge of the matters not disclosed. (5) This section shall not apply - (a) to the issue to existing members or debenture-holders of a company of a prospectus or form of application relating to shares in or debentures of the company whether an applicant for shares or debentures will or will not have the right to renounce in favour of other persons; or (b) to the issue of a prospectus or form of application relating to shares or debentures which are, or are to be, in all respects uniform with.....