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Companies Act, 1956 Section 207

Title: Penalty for Failure to Distribute Dividends Within Thirty Days

State: Central

Year: 1956

.....the dividend could not be paid by reason of the operation of any law; (b) where a shareholder has given directions to the company regarding the payment of the dividend and those directions cannot be complied with; (c) where there is a dispute regarding the right to receive the dividend; (d) where the dividend has been lawfully adjusted by the company against any sum due to it from the shareholder; or (e) where, for any other reason, the failure to pay the dividend or to post the warrant within the period aforesaid was not due to any default on the part of the company.] ____________________ 1. Substituted by Act 53 of 2000, Section 94, for Section 207 (w.e.f. 13-12-2000).

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Merchant Shipping Act, 1958 Section 207

Title: Power to Send on Board Seaman Not Shipped in India Who is Undergoing Imprisonment

State: Central

Year: 1958

If any seaman engaged outside India is imprisoned for any offence for which he has been Sentenced to imprisonment for a term not exceeding three months, and if, during such imprisonment and before his engagement is at an end, his services are required on board his ship, any magistrate may, at the request of the master or owner or his agent, cause the seaman to be conveyed on board the ship for the purpose of proceeding on The voyage or to be delivered to the master or any mate of the ship or to the owner or his agent to be by them so conveyed, notwithstanding that the period for which he was sentenced to imprisonment has not terminated.

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Indian Contract Act, 1872 Section 207

Title: Revocation and Renunciation May Be Expressed or Implied

State: Central

Year: 1872

Revocation and renunciation may be expressed or may be implied in the conduct of that principal or agent respectively. Illustration A empowers B to let A's house. Afterwards A lets it himself. This is an implied revocation of B's authority.

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Income Tax Act, 1961 Section 207

Title: Liability for Payment of Advance Tax

State: Central

Year: 1961

Tax shall be payable in advance during any financial year, in accordance with the provisions of sections 208 to 219 (both inclusive), in respect of the total income of the assessee which would be chargeable to tax for the assessment year immediately following that financial year, such income being hereafter in this Chapter referred to as current income.

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Manipur Municipalities Act, 1994 Section 207

Title: Decision of Disputes Between Local Authorities

State: Central

Year: 1994

(1) When a dispute arises between a Nagar Panchayat or a Council or any other local authority on any matter which they are jointly interested, such dispute shall be referred to Government, whose decision shall be final. (2) The Government may regulate by rules made under this Act the relation to be observed between a Nagar Panchayat or a Council and other local authorities in any matter in which they are jointly interested.

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Indian Penal Code (45 of 1860) Section 207

Title: Fraudulent Claim to Property to Prevent Its Seizure as Forfeited or in Execution

State: Central

Year: 1860

Whoever fraudulently accepts, receives or claims any property or any interest therein, knowing that he has no right or rightful claim to such property or interest, or practices any deception touching any right to any property or any interest therein, intending thereby to prevent that property or interest therein from being taken as a forfeiture or in satisfaction of a fine, under a sentence which has been pronounced, or which he knows to be likely to be pronounced by a Court of Justice or other competent authority, or from being taken in execution of a decree or order which has been made, or which he knows to be likely to be made by a Court of Justice in a civil suit, shall be punished with imprisonment of either description for a term which may extend to two years, or with fine, or with both.

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Indian Succession Act, 1925 Section 207

Title: Court of Wards to Be Made Curator in Case of Minors Having Property Subject to Its Jurisdiction

State: Central

Year: 1925

Nothing in this part shall be deemed to authorise any disturbance of the possession of a Court of Wards of any property; and in case of a minor, or other disqualified person whose property is subject to the Court of Wards, is the party on whose behalf application is made under this Part, the District Judge, if he determines to summon the party in possession and to appoint a curator, shall invest the Court of Wards with the curatorship of the estate pending the proceeding without taking security as aforesaid; and if the minor or other disqualified person, upon the adjudication of the summary proceeding, appears to be entitled to the property, possession shall be delivered to the Court of Wards.

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Karnataka Municipal Corporations Act, 1976 Section 207

Title: Presumption as to Correctness of Meters

State: Karnataka

Year: 1976

Whenever water is supplied by the corporation through a meter, it shall be presumed that the quantity indicated by the meter has been consumed until the contrary is proved.

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Karnataka Panchayat Raj Act, 1993 Section 207

Title: Establishment Grant to Taluk Panchayats and Zilla Panchayats

State: Karnataka

Year: 1993

The Government shall make a grant to every Taluk Panchayat and Zilla Panchayat to cover the expenses of establishment at such scale as may be determined by it.

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Motor Vehicles Act, 1988 Section 207

Title: Power to Detain Vehicles Used Without Certificate of Registration Permit, Etc.

State: Central

Year: 1988

.....State Government may, if he has reason to believe that a motor vehicle has been or is being used in contravention of the provisions of section 3 or section 4 or section 39 or without the permit required by sub-section (1) of section 66 or in contravention or any condition of such permit relating to the route on which or the area in which or the purpose for which the vehicle may be used, seize and detain the vehicle, in the prescribed manner and for this purpose take or cause to be taken any steps he may consider proper for the temporary safe custody of the vehicle: Provided that where any such officer or person has reason to believe that a motor vehicle has been or is being used in contravention of section 3 or section 4 or without the permit required by sub-section (1) of section 66 he may, instead of seizing the vehicle, seize the certificate of registration of the vehicle and shall issue an acknowledgment in respect thereof. (2) Where a motor vehicle has been seized and detained under sub-section (1), the owner or person incharge of the motor vehicle may apply to the transport authority or any officer authorised in this behalf by the State Government together with the.....

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