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Home Bare Acts Phrase: section 106Insurance Act, 1938 (4 of 1938) Section 52BB
Title: Powers of Administrator Respecting Property Liable to Attachment Under Section 106
State: Central
Year: 1938
.....this section shall,- (a) in the case of an order affecting a corporation or firm, be served in the manner provided for the service of summons in rule 2 of Order XXIX or rule 3 of Order XXX, as the case may be, in the First Schedule to the Code of Civil Procedure, 1908 (5 of 1908), and (b) in the case of an order affecting a person not being a corporation or firm, be served on such person- (i) personally, by delivering or tendering to him the order, or (ii) by post, or (iii) where the person cannot be found, by leaving a copy of the order with some adult male member of his family or by affixing such copy to some conspicuous part of the premises in which he is known to have last resided or carried on business or personally worked for gain, and every such order shall also be published in the Official Gazette. (5) If any question arises whether a person was duly served with an order under sub-section (4), the publication of the order in the Official Gazette shall be conclusive proof that the order was so served, and a failure to comply with the provisions of clause (a) or clause (b) of sub-section (4) shall not affect the validity of the order. (6) Notwithstanding.....
View Complete Act List Judgments citing this sectionTransfer of Property (Amendment) Act, 2002 Section 2
Title: Substitution of New Section for Section 106
State: Central
Year: 2002
.....or local usage.--(1) In the absence of a contract or local law or usage to the contrary, a lease of immovable property for agricultural or manufacturing purposes shall be deemed to be a lease from year to year, terminable, on the part of either lessor or lessee, by six months' notice; and a lease of immovable property for any other purpose shall be deemed to be a lease from month to month, terminable, on the part of either lessor or lessee, by fifteen days' notice. (2) Notwithstanding anything contained in any other law for the time being in force, the period mentioned in sub-section (1) shall commence from the date of receipt of notice. (3) A notice under sub-section (1) shall not be deemed to be invalid merely because the period mentioned therein falls short of the period specified under that sub-section, where a suit or proceeding is filed after the expiry of the period mentioned in that sub-section. (4) Every notice under sub-section (1) must be in writing, signed by or on behalf of the person giving it, and either be sent by post to the party who is intended to be bound by it or be tendered or delivered personally to such party, or to one of his family or.....
View Complete Act List Judgments citing this sectionWakf (Amendment) Act, 2013, (Central) Section 55
Title: Amendment of Section 106
State: Central
Year: 2013
In section 106 of the principal Act, in sub-section (1), for the words "after consultation with the Government", the words "after consultation with the Council and the Government" shall be substituted.
View Complete Act List Judgments citing this sectionFinance Act 1975 Section 18
Title: Substitution of New Section for Section 106
State: Central
Year: 1975
In the Income-tax Act, for section 106, the following section shall be substituted, namely :- "106. Period of limitation for making orders under section 104. - No order under section 104 shall be made at any time after - (a) the expiry of - (i) four years from the end of the assessment year relevant to the previous year referred to in sub-section (1) of that section, where such assessment year is an assessment year commencing on or before the 1st day of April, 1974; (ii) two years from the end of the assessment year relevant to the previous year referred to in sub-section (1) of that section, where such assessment year is an assessment year commencing after the 1st day of April, 1974; or (b) the expiry of one year from the end of the financial year in which the assessment or re-assessment of the profits and gains of the previous year referred to in sub-section (1) of that section is made, whichever is later : Provided that the period of limitation specified in this section shall not apply in a case where the company has made an application to the Board under section 107A.".
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Section 106
Title: Alteration of Rights of Holders of Special Classes of Shares
State: Central
Year: 1956
1 [106. Alteration of rights of holders of special classes of shares Where the share capital of a company is divided into different classes of shares, the rights attached to the shares of any class may be varied with the consent in writing of the holders of not less than three-fourths of the issued shares of that class or with the sanction of a special resolution passed at a separate meeting of the holders of the issued shares of that class - (a) if provision with respect to such variation is contained in the memorandum or articles of the company, or (b) in the absence of any such provision in the memorandum or articles, if such variation is not prohibited by the terms of issue of the shares of that class.] ________________________ 1. Substituted by Act 65 of 1960, Section 26, for section 106 (w.e.f. 28-12-1960).
View Complete Act List Judgments citing this sectionKarnataka Land Reforms Act, 1961 Section 106
Title: Amount Payable to Religious Institutions Etc.
State: Karnataka
Year: 1961
.....vesting in the State Government under the provisions of this Act the amount payable shall be an annuity to be paid so long as the institution exists, of a sum equal to the net annual income referred to in sub-section (2) of section 72. Towards the annuity so payable, the State Government shall issue a non-transferable and non-negotiable annuity bond. (3) Where the land in respect of which the annuity payable under sub-section (2) is subject to encumbrances,- (a) if the value of the encumbrance is less than the amount of the annuity the holder of the encumbrance shall be paid in full from out of the amount of annuity and the balance shall be paid to the institution; (b) if the value of the encumbrance is more than the amount of the annuity, five per cent of such value shall be paid from out of such amount till the value of the encumbrance is fully paid and the balance shall be paid to the institution; (c) if there are more encumbrances than one, the amount under clauses (a) and (b) shall be distributed according to priority.] _______________________________ 1. Inserted by Act 3 of 1982 w.e.f. 1.1.1979.
View Complete Act List Judgments citing this sectionTransfer of Property Act, 1882 Section 106
Title: Duration of Certain Leases in Absence of Written Contract or Local Usage
State: Central
Year: 1882
.....or local usage (1)In the absence of a contract or local law or usage to the contrary, a lease ofimmovable property for agricultural or manufacturing purposes shall be deemed tobe a lease from year to year, terminable, on the part of either lessor orlessee, by six months' notice; and a lease of immovable property for any otherpurpose shall be deemed to be a lease from month to month, terminable, on thepart of either lessor or lessee, by fifteen days' notice. (2)Notwithstanding anything contained in any other law for the time being in force,the period mentioned in sub-section (1) shall commence from the date of receiptof notice. (3)A notice under sub-section (1) shall not be deemed to be invalid merely becausethe period mentioned therein falls short of the period specified under thatsub-section, where a suit or proceeding is filed after the expiry of the periodmentioned in that sub-section. (4)Every notice under sub-section (1) must be in writing, signed by or on behalf ofthe person giving it, and either be sent by post to the party who is intended tobe bound by it or be tendered or delivered personally to such party, or to oneof his family or servants at his.....
View Complete Act List Judgments citing this sectionInsurance Act, 1938 (4 of 1938) Section 106
Title: Power of Court to Order Restoration of Property of Insurer or Compensation in Certain Cases
State: Central
Year: 1938
.....purpose of that business or that he took all reasonable steps to prevent the disappearance or loss of such money or all property or otherwise satisfactorily accounts for such disappearance or loss. ( 3 ) Where the insurer is an insurance company and any of the acts referred to in clauses (a), (b) and (c) of sub-section ( 1 ) has been committed by any person, every person who was at the relevant time a director, managing agent, manager, liquidator, secretary or other officer of the insurance company shall, for the purposes of that sub-section, be deemed to be liable for that act in the same manner and to the same extent as the person who has committed the act, unless he proves that the act was committed without hi s consent or connivance and was not facilitated by any neglect or omission on hi s part. ( 4 ) Where at any stage of the proceedings against any person under this section (he reinafter referred to as the delinquent), the Court is satisfied by affidavit or otherwise-- (a) that a prima facie case has been made out against the delinquent; and (b) that it is just and proper so to do in the interests of the policy-holders of an insurer or of the me mbers of an.....
View Complete Act List Judgments citing this sectionFactories Act, 1948 Section 106
Title: Limitation of Prosecutions
State: Central
Year: 1948
.....offence continues ; (b) where for the performance of any act time is granted or extended on an application made by the occupier or manager of a factory, the period of limitation shall be computed from the date on which the t ime so granted or extended expired.] STATE AMENDMENT 2Uttar Pradesh : After section 106, insert the following section.-- "106A. Compounding in offences.--The Inspector may, subject to any general or special order of the State Government in this behalf, compound any offences punishable under this Act with fine only, and committed for the first time, either before or after the institution of the prosecution, on realisation of such amount of composition fee as he thinks fit not exceeding the maximum amount of fine fixed for the offence; and where the offence is so compounded,-- (i) before the institution of the prosecution, the offender shall not be liable to prosecution, for such offence and shall, if in custody, be set at liberty; (ii) after the institution of the prosecution the composition shall amount to acquittal of the offender." ____________________ 1. Inserted by Act 94 of 1976, section 43 (w.e.f. 26-10-1976). 2. Vide Uttar.....
View Complete Act List Judgments citing this sectionFinance Act, 1992 Section 106
Title: Amendment of Section 4
State: Central
Year: 1992
In the Expenditure-tax Act, in section 4, in clause (b), after the words, letters and figures "the 1st day of October, 1991", the words, figures and letters "but not after the 31st day of May, 1992" shall be inserted with effect from the 1st day of June, 1992.
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