Bare Act Search Results

Indian Trusts Act, 1882 Complete Act

Title: Indian Trusts Act, 1882

State: Central

Year: 1882

.....to settlement of accounts Section36 - General authority of trustee Section37 - Power to sell in lots and either by public auction or private contract Section38 - Power to sell under special conditions. Power to buy-in and re-sell Section39 - Power to convey Section40 - Power to vary investments Section41 - Power to apply property of minors, etc. for their maintenance, etc Section42 - Power to give receipts Section43 - Power to compound, etc Section44 - Power to several trustees of whom one disclaims or dies Section45 - Suspension of trustee's powers by decree Chapter V Section46 - Trustee cannot renounce after acceptance Section47 - Trustee cannot delegate Section48 - Co-trustees cannot act singly Section49 - Control of discretionary power Section50 - Trustee may not charge for services Section51 - Trustee may not use trust-property for his own profit Section52 - Trustee for sale or his agent may not buy Section53 - Trustee may not buy beneficiary's interest without permission Section54 - Co-trustees may not lend to one of themselves Chapter VI Section55 - Right to rents and profits Section56 - Right to specific execution Section57 - Bight to inspect and.....

Unit Trust of India Act, 1963 (52 of 1963) Complete Act

Title: Unit Trust of India Act, 1963 (52 of 1963)

State: Central

Year: 1963

.....- Distribution of income Section25B - Reserve Funds Section25C - Definition Chapter VI Section26 - Preparation of balance-sheet, etc. of Trust Section27 - Audit Section28 - Publication of annual accounts and reports Section29 - Furnishing of information Chapter VII Section30 - Power of Reserve Bank to give directions Section31 - Staff of Trust Section32 - Income-tax and other taxes Section33 - Act 18 of 1891 to apply in relation to Trust Section34 - Declaration of fidelity and secrecy Section35 - Defects in appointments not to invalidate acts, etc. Section36 - Indemnity of trustees Section37 - Protection of action taken under this Act Section38 - Delegation of powers Section39 - No Trust to be taken notice of Section39A - Nomination by unit holders and agents Section39B - Protection of certain amounts from attachment Section40 - Re-payment of contribution in case of winding-up of contributing institution Section41 - Power of Central Government to re-constitute Board Section42 - Liquidation of Trust Section43 - Regulations Section44 - Amendment of certain enactments [Repealed] Section45 - Power to remove difficulty Schedule1 - THE FIRST SCHEDULE .....

Major Port Trusts Act, 1963 Complete Act

Title: Major Port Trusts Act, 1963

State: Central

Year: 1963

.....Trustees Section19 - Restriction of power of Trustees to vote in certain cases Section20 - Defects in appointments or election not to invalidate acts, etc Section21 - Delegation of powers Section22 - Duties of Chairman and Deputy Chairman Chapter III Section23 - Schedule of Board's staff Section24 - Power to make appointments Section25 - Power to promote, grant leave, etc., to employees of Board Section26 - Consulting Engineer to Board Section27 - Power to create posts Section28 - Power to make regulations Chapter IV Section29 - Transfer of assets and liabilities of Central Government, etc., to Board Section30 - Existing rates, etc., to continue until altered by Board Section31 - Repayment of capital with interest Section32 - Procedure when immovable property cannot be acquired by agreement Section33 - Contracts by Board Section34 - Mode of executing contracts on behalf of Board Chapter V Section35 - Power of Board to execute works and provide appliances, Section35A - Power with respect to landing places and bathing ghats Section36 - Power of Board to undertake certain works Section37 - Power of Board to order sea-going vessels to use docks, wharves, etc .....

National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999 Complete Act

Title: National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999

State: Central

Year: 1999

.....- Annual general meeting Chapter 8 Section21 - Grants by the Central Government Section22 - Fund Section23 - Budget Section24 - Accounts and audit Section25 - Annual report Section26 - Authentication of orders, etc. Section27 - Returns and information Chapter 9 Section28 - Power of Central Government to issue directions Section29 - Power of Central Government to supersede Board Section30 - Exemption from tax on income Section31 - Protection of action taken in good faith Section32 - Chairperson, Members and officers of Trust to be public servants Section33 - Delegation Section34 - Power to make rules Section35 - Power to make regulations Section36 - Rules and regulations to be laid before Parliament

Unit Trust of India (Transfer of Undertaking and Repeal) Act,2002 Complete Act

Title: Unit Trust of India (Transfer of Undertaking and Repeal) Act,2002

State: Central

Year: 2002

..... Chapter 5 Section12 - Concession, etc. to be deemed to have been granted to specified undertaking Section13 - Tax exemption or benefit to continue to have effect Section14 - Exemption from stamp duty Section15 - Guarantee to be operative Section16 - Protection of action taken in good faith Section17 - Shares, bonds, debentures and units to be deemed to be approved securities Section18 - Substitution in every Act, rule, regulation or notification by specified company or Administrator in place of Trust Section19 - Power of Central Government to alter Schedules. I and II Section20 - Power of Central Government to make scheme Section21 - Repeal and saving of Act 52 of 1963 Section22 - Act to have overriding effect Section23 - Application of other laws not barred Section24 - Power to remove difficulties Section25 - Repeal and saving Schedule1 - SCHEDULE I Schedule2 - SCHEDULE II

Charitable & Religious Trusts Act 1920 Complete Act

Title: Charitable & Religious Trusts Act 1920

State: Central

Year: 1920

Preamble1 - The Charitable and Religious Trusts Act, 1920 Section1 - Short title and extent Section2 - Interpretation Section3 - Power to apply to the court in respect of trusts of a charitable or religious nature Section4 - Contents and verification of petition Section5 - Procedure on petition Section6 - Failure of trustee to comply with order under section 5 Section7 - Powers of trustee to apply for directions Section8 - Costs of petition under this Act Section9 - Savings Section10 - Power of Courts as to costs in certain suits against trustees of charitable and religions trusts Section11 - Provisions of the Code of Civil Procedure to apply Section12 - Barring of appeals

Income Tax Act, 1961 Complete Act

State: Central

Year: 1961

INCOME TAX ACT, 1961 INCOME TAX ACT, 1961 43 of 1961 [AS AMENDED BY FINANCE ACT, 2003] An Act to consolidate and amend the law relating to income-tax and super-tax BE it enacted by Parliament in the Twelfth Year of the Republic of India as follows : CHAPTER 1 PRELIMINARY Section 1 Short title, extent and commencement (1) This Act may be called the Income-tax Act, 1961. (2) It extends to the whole of India. (3) Save as otherwise provided in this Act, it shall come into force on the 1st day of April, 1962. Section 2 Definitions 1 Inserted by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.[(1) "advance tax" means the advance tax payable in accordance with the provisions of Chapter XVII-C;] 2 Renumbered as clause (1A) by the Direct Tax Laws (Amendment) Act, 1987, w.e.f. 1-4-1989.[(1A)] 3 For manner of computation of income which is partially agricultural and partially frombusiness, see rules 7, 7A, 7B and 8. For analysis, see Mashbra's Income-tax Rules."agricultural income" means - 4 Substituted by the Taxation Laws (Amendment) Act, 1970, w.r.e.f. 1-4-1962.[(a) any rent or revenue derived from land which is situated in India and is used for.....

Information Technology Act, 2000 Complete Act

State: Central

Year: 2000

.....record is retained intact or has been altered since such electronic record was so affixed with the digital signature. (2) Any reference in this Act to any enactment or any provision thereof shall, in relation to an area in which such enactment or such provision is not in force, be construed as a reference to the corresponding law or the relevant provision of the corresponding law, if any, in force in that area. SECTION 03: AUTHENTICATION OF ELECTRONIC RECORDS (1) Subject to the provisions of this section any subscriber may authenticate an electronic record by affixing his digital signature. (2) The authentication of the electronic record shall be effected by the use of asymmetric crypto system and hash function which envelop and transform the initial electronic record into another electronic record. Explanation."For the purposes of this sub-section, "hash function" means an algorithm mapping or translation of one sequence of bits into another, generally smaller, set known as "hash result" such that an electronic record yields the same hash result every time the algorithm is executed with the same electronic record as its input making it computationally infeasible" (a).....

Trusts Act, 1882 Complete Act

State: Central

Year: 1882

.....known it, or when information of the fact is given to or obtained by his agent, under the circumstances mentioned in the section 229 Indian Contract Act, 1872 (9 of 1872)-, ; and all expressions used herein and defined in the Indian Contract Act, 1872 (expressions defined in Act 9 of 1872), shall be deemed to have the meanings respectively attributed to them by that Act. SECTION 04: LAWFUL PURPOSE. A trust may be created for any lawful purpose. The purpose of a trust is lawful unless it is (a) forbidden by law, or (b) is of such a nature that, if permitted, it would defeat the provisions of any law, or (c) is fraudulent, or (d) involves or implies injury to the person or property of another, or (e) the Court regards it as immoral or opposed to public policy. Every trust of which the purpose is unlawful is void. And where a trust is created for two purposes, of which one is lawful and the other unlawful, and the two purposes, cannot be separated, the whole trust is void. SECTION 05: TRUST OF IMMOVABLE PROPERTY No trust in relation to immoveable property is valid unless declared by a non-testamentary instrument in writing signed by the author of the trust or the.....

Indian Trusts Act, 1882 Chapter VIII

Title: Of the Extinction of Trusts

State: Central

Year: 1882

.....78 - Revocation of trust A trust created by will may be revoked at the pleasure of the testator. A trust otherwise created can be revoked only-- (a) where all the beneficiaries are competent to contract--by their consent; (b) where the trust has been declared by a non-testamentary instrument or by word of mouth--in exercise of a power of revocation expressly reserved to the author of the trust; or (c) where the trust is for the payment of the debts of the author of the trust, and has not been communicated to the creditors--at the pleasure of the author of the trust. Illustration A conveys property to B in trust to sell the sameand pay out of the proceeds the claims of A's creditors. A reserves no power of revocation. If no communication has been made to the creditors. A may revoke the trust But if the creditors are parties to the arrangement, the trust cannot be revoked without their consent. Section 79 - Revocation not to defeat what trustees have duly done No trust can be revoked by the author of the trust so as to defeat or prejudice what the trustees may have duly done in execution of the trust.