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Start Free TrialSashastra Seema Bal Act 2007 Section 141
Title: Informality or Error in Order or Warrant
State: Central
Year: 2007
Whenever any person is sentenced to imprisonment under this Act, and is undergoing the sentence in any place or manner in which he might be confined under a lawful order or warrant in pursuance of this Act, the confinement of such person shall not be deemed to be illegal only by reason of informality or error in, or as respects the order, warrant or other document, or the authority by which, or in pursuance whereof such person was brought into, or, is confined in any such place, and any such order, warrant or document may be amended accordingly.
View Complete Act List Judgments citing this sectionState Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 Section 25
Title: Amendment of Section 55
State: Central
Year: 2007
In section 55 of the State Bank of India (Subsidiary Banks) Act, for the words "Banking Companies Act", the words "Banking Regulation Act" shall be substituted.
View Complete Act List Judgments citing this sectionWarehousing (Development and Regulation) Act 2007 Section 2
Title: Definitions
State: Central
Year: 2007
.....of the Transfer of Property Act, 1882(4 of 1982); (c) "Authority" means the Warehousing Development and Regulatory Authority established under sub-section (1) of section 24; (d) "depositor" means a person who delivers goods to the warehouseman for storage; (e) "endorsee" means the person to whom the warehouse receipt is negotiated; (f) "endorsement" means signing on the warehouse receipt by the depositor or holder of the warehouse receipt for the purpose of its negotiation; (g) "electronic form", with reference to information, means any information generated, sent, received or stored in media, magnetic, optical, computer memory, microfilm, computer generated micro fiche or similar device; (h) "fungible goods" means any goods of which any unit is, by nature or usage of trade, the equivalent of any other like unit and are received by a warehouseman as fungible goods; (i) "goods" means all tangible movable goods (other than actionable claims, money and securities), whether fungible or not; (j) "grade" means the quality standard of any goods as notified as grade designation by the Central Government under the Agricultural Produce (Grading and Marking) Act, 1937(1 of.....
View Complete Act List Judgments citing this sectionWarehousing (Development and Regulation) Act 2007 Section 1
Title: Short Title, Extent and Commencement
State: Central
Year: 2007
(1) This Act may be called the Warehousing (Development and Regulation) Act, 2007. (2) It extends to the whole of India except the State of Jammu and Kashmir. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.
View Complete Act List Judgments citing this sectionBanking Regulation (Amendment) Act 2007 Section 4
Title: Repeal and Saving
State: Central
Year: 2007
(1) The Banking Regulation (Amendment) Ordinance, 2007 (Ord. 1 of 2007) is hereby repealed. (2) Notwithstanding the repeal of the Banking Regulation (Amendment) Ordinance, 2007 (Ord. 1 of 2007), anything done or any action taken under the principal Act, as amended by the said Ordinance, shall be deemed to have been done or taken under the corresponding provisions of the principal Act, as amended by this Act.
View Complete Act List Judgments citing this sectionBanking Regulation (Amendment) Act 2007 Section 3
Title: Amendment of Section 53
State: Central
Year: 2007
In section 53 of the principal Act,-- (i) in sub-section (1), the words and figures "or any of their branches functioning or located in any Special Economic Zone established under the Special Economic Zones Act, 2005 (28 of 2005)" shall be omitted; (ii) in sub-section (2), in the opening portion, for the words, brackets and figure "A copy of every notification proposed to be issued under sub-section (1), shall be laid in draft before each House of Parliament", the following words, brackets and figures shall be substituted, namely:-- "A copy of every notification proposed to be issued under sub-section (1) relating to any banking company or institution or any class, of banking companies or any branch of a banking company or an institution as the case may be, functioning or located in any Special Economic Zone established under the Special Economic Zones Act, 2005 (28 of 2005) shall be laid in draft before each House of Parliament."
View Complete Act List Judgments citing this sectionBanking Regulation (Amendment) Act 2007 Section 2
Title: Amendment of Section 24
State: Central
Year: 2007
In section 24 of the Banking Regulation Act, 1949 (10 of 1949) (hereinafter referred to as the principal Act),-- (a) sub-sections (1) and (2) shall be omitted; (b) for sub-section (2A), the following sub-section shall be substituted, namely:-- "(2A) A scheduled bank, in addition to the average daily balance which it is, or may be, required to maintain under section 42 of the Reserve Bank of India Act, 1934 (2 of 1934) and every other banking company, in addition to the cash reserve which it is required to maintain under section 18, shall maintain in India, assets, the value of which shall not be less than such percentage not exceeding forty per cent, of the total of its demand and time liabilities in India is on the last Friday of the second preceding fortnight as the Reserve Bank may, by notification in the Official Gazette, specify from time to time and such assets shall to maintained, in such form and manner, as may be specified in such notification"; (c) sub-section (2B) shall be omitted.
View Complete Act List Judgments citing this sectionBanking Regulation (Amendment) Act 2007 Section 1
Title: Short Title and Commencement
State: Central
Year: 2007
(1) This Act may be called the Banking Regulation (Amendment) Act, 2007. (2) It shall be deemed to have come into force on the 23rd day of January, 2007.
View Complete Act List Judgments citing this sectionState Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 Section 26
Title: Amendment of Section 63
State: Central
Year: 2007
.....State Bank and with the previous approval of the Reserve Bank, by notification in the Official Gazette, make regulations not inconsistent with this Act and the rules made thereunder, to provide for all matters for which provision is necessary or expedient for the purpose of giving effect to the provisions of this Act or any other law for the time being in force;"; (b) in sub-section (2),-- (i) after clause (f), the following clauses shall be inserted, namely:-- "(fa) the procedure for issuing the certificates of shares; (fb) the procedure with respect to increase, whether by public issue or by preferencial allotment or private placement, the issued capital by issue of equity or preference shares; (fc) the manner of acceptance of share money in instalments, the manner of making calls and the manner of forfeiture of unpaid shares and their reissue;"; (ii) for clause (g), the following clauses shall be substituted, namely:-- "(g) the maintenance of share registers, and the particulars to be entered in such registers in addition to those specified in sub-section (1) of section 21, the safeguards to be observed in the maintenance of the register of shareholders on.....
View Complete Act List Judgments citing this sectionState Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 Section 24
Title: Amendment of Section 50
State: Central
Year: 2007
In section 50 of the State Ban]k of India (Subsidiary Banks) Act, after sub-section (1), the following sub-section shall be inserted, namely:-- "(1A) The officers, advisers and employees of the subsidiary bank concerned shall individually or jointly, or with other officers, advisers and employees in a committee exercise such powers and perform such duties as may, by general or special order, be entrusted or delegated to them by the Board of Directors or its Executive Committee.".
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