Section 126 - Page 2 - Bare Acts

Indian Contract Act, 1872 Section 126

Title: Contract of Guarantee, Surety, Principal Debtor and Creditor

State: Central

Year: 1872

A contract of guarantee is a contract to perform the promise, or discharge the liability, of a third person in case of his default. The person who gives the guarantee is called the surety; the person in respect of whose default the guarantee is given is called the principal debtor, and the person to whom the guarantee is given is called the creditor. A guarantee may be either oral or written.

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Income Tax Act, 1961 Section 126

Title: [Omitted]

State: Central

Year: 1961

1[***] ___________________________________ 1. Omitted by the Direct Tax Laws (Amendment) Act, 1987, with effect from 1st April, 1988.

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Indo-tibetan Border Police Force Act, 1992 Section 126

Title: Confirming of Findings and Sentences on Board a Ship

State: Central

Year: 1992

When any person subject to this Act is tried and sentenced by a Force Court while on board a ship, the finding and sentence so far as not confirmed and executed on board the ship, may be confirmed and executed in like manner as if such person had been tried at the port of disembarkation.

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Motor Vehicles Act, 1988 Section 126

Title: Stationary Vehicles

State: Central

Year: 1988

No person driving or in charge of a motor vehicle shall cause or allow the vehicle to remain stationary in any public place, unless there is in the driver's seat a person duly licensed to drive the vehicle or unless the mechanism has been stopped and a brake or brakes applied or such other measures taken as to ensure that the vehicle cannot accidentally be put in motion in the absence of the driver.

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Assam Rifles Act, 2006 Section 126

Title: Order for Custody and Disposal of Property Pending Trial

State: Central

Year: 2006

When any property regarding which any offence appears to have been committed, or which appears to have been used for the commission of any offence, is produced before an Assam Rifles Court during a trial, the Court may make such order as it thinks fit for the proper custody of such property pending the conclusion of the trial, and if the property is subject to speedy or natural decay may, after recording such evidence as it thinks necessary, order it to be sold otherwise disposed of.

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Indian Penal Code (45 of 1860) Section 126

Title: Committing Depredation on Territories of Power at Peace with the Government of India

State: Central

Year: 1860

Whoever commits depredation, or makes preparation to commit depredation, on the territories of any Power in alliance or at peace with the1[Government of India], shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine and to forfeiture of any property used or intended to be used in committing such depredation, or acquired by such depredation. ____________________ 1. Substituted by the A.O. 1950, for "Queen".

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Cantonments Act, 2006 Section 126

Title: Contracts by Whom to Be Executed

State: Central

Year: 2006

Subject to the provisions of this Chapter, every Board shall be competent to enter into and perform any contract necessary for the purposes of this Act.

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Trade and Merchandise Marks Act, 1958 [Repealed] Section 126

Title: Reports of Registrar to Be Placed Before Parliament

State: Central

Year: 1958

The Central Government shall cause to be placed before both Houses of Parliament once a year a report respecting the execution by or under the Registrar of this Act.

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Customs Act, 1962 Section 126

Title: On Confiscation, Property to Vest in Central Government

State: Central

Year: 1962

(1) When any goods are confiscated under this Act, such goods shall there-upon vest in the Central Government. (2) The officer adjudging confiscation shall take and hold possession of the confiscated goods.

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Indian Succession Act, 1925 Section 126

Title: Bequest Upon Impossible Condition

State: Central

Year: 1925

A bequest upon an impossible condition is void. Illustrations (i) An estate is bequeathed to A on condition that he shall walk 100 miles in an hour. The bequest is void. (ii) A bequeaths 500 rupees to B on condition that he shall marry A's daughter. A's daughter was dead at the date of the will. The bequest is void.

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