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Start Free TrialAssam State Legislature (Delegation of Powers) Act, 1980 [Repealed] Section 1
Title: Short Title
State: Central
Year: 1980
This Act may be called the Assam State Legislature (Delegation of Powers) Act, 1980.
View Complete Act List Judgments citing this sectionBanking Companies (Acquisition and Transfer of Undertakings) Act, 1980 Section 21
Title: Repeal and Saving
State: Central
Year: 1980
(1) The Banking Companies (Acquisition and Transfer of Undertakings) Ordinance, 1980, is hereby repealed. (2) Notwithstanding such repeal, anything done or any action taken, including any order made, notification issued or direction given, under the said Ordinance shall be deemed to have been done, taken, made, issued or given, as the case may be under the corresponding provisions of this Act.
View Complete Act List Judgments citing this sectionMaruti Limited (Acquisition and Transfer of Undertakings) Act, 1980 Section 27
Title: Protection of Action Taken in Good Faith
State: Central
Year: 1980
(1) No suit, prosecution or other legal proceeding shall lie against the Central Government or any officer of that Government or the Government company or the Custodian or any officer or other person authorised by the Central Government or the Government company for anything which is in good faith done or intended to be done under this Act. (2) No suit or other legal proceeding shall lie against the Central Government or any of its officers or other employees or the Government company or the Custodian or any officer or other person authorised by the Central Government or the Government company for any damage caused or likely to be caused by anything which is in good faith done or intended to be done under this Act.
View Complete Act List Judgments citing this sectionMaruti Limited (Acquisition and Transfer of Undertakings) Act, 1980 Section 29
Title: Penalties
State: Central
Year: 1980
.....relating to the undertakings of the Company, which may be in his possession, custody or control; or (d) fails to deliver to the Central Government or the Government company or to any person or body of persons specified by that Government or Government company, any assets, books of account, registers or other documents in his possession, custody or control, relating to the undertakings of the Company; or (e) wrongfully removes or destroys any property forming part of the undertakings of the Company; or (f) prefers any claim under this Act which he knows or has reasonable cause to believe to be false or grossly inaccurate, shall be punishable with imprisonment for a term which may extend to two years, or with fine which may extend to ten thousand rupees, or with both.
View Complete Act List Judgments citing this sectionMaruti Limited (Acquisition and Transfer of Undertakings) Act, 1980 Section 32
Title: Power to Remove Difficulties
State: Central
Year: 1980
If any difficulty arises in giving effect to the provisions of this Act the Central Government may, by order, not inconsistent with the provisions of this Act, remove the difficulty : Provided that no such order shall be made after the expiry of a period of two years from the appointed day.
View Complete Act List Judgments citing this sectionMaruti Limited (Acquisition and Transfer of Undertakings) Act, 1980 Section 33
Title: Repeal and Saving
State: Central
Year: 1980
(1) The Maruti Limited (Acquisition and Transfer of Undertakings) Ordinance, 1980, is hereby repealed. (2) Notwithstanding such repeal, anything done or any action taken under the Ordinance so repealed shall be deemed to have been done or taken under the corresponding provisions of this Act.
View Complete Act List Judgments citing this sectionBanking Companies (Acquisition and Transfer of Undertakings) Act, 1980 Section I
Title: Short Title and Commencement
State: Central
Year: 1980
(1) This Act may be called The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980. (2) It shall be deemed to have come into force on the 15th day of April, 1980.
View Complete Act List Judgments citing this sectionBanking Companies (Acquisition and Transfer of Undertakings) Act, 1980 Section 4
Title: Undertakings of Existing Banks to Vest in Corresponding New Banks
State: Central
Year: 1980
On the commencement of this Act, the undertaking of every existing bank shall be transferred to, and shall vest in, the corresponding new bank.
View Complete Act List Judgments citing this sectionBanking Companies (Acquisition and Transfer of Undertakings) Act, 1980 Section 8
Title: Corresponding New Banks to Be Guided by the Directions of the Central Government
State: Central
Year: 1980
Every corresponding new bank shall, in the discharge of its functions, be guided by such directions in regard to matters of policy involving public interest as the Central Government may, after consultation with the Governor of the Reserve Bank, give.
View Complete Act List Judgments citing this sectionBanking Companies (Acquisition and Transfer of Undertakings) Act, 1980 Section 11
Title: Corresponding New Bank Deemed to Be an Indian Company
State: Central
Year: 1980
For the purposes of the Income-tax Act, 1961, every corresponding new bank shall be deemed to be an Indian company and a company in which the public are substantially interested.
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