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Companies Act, 2013, Section 242

Title: Powers of Tribunal

State: Central

Year: 2013

.....to the interests of the company; and (b) that to wind up the company would unfairly prejudice such member or members, but that otherwise the facts would justify the making of a winding-up order on the ground that it was just and equitable that the company should be wound up, the Tribunal may, with a view to bringing to an end the matters complained of, make such order as it thinks fit. (2) Without prejudice to the generality of the powers under sub-section (1), an order under that sub-section may provide for-- (a) the regulation of conduct of affairs of the company in future; (b) the purchase of shares or interests of any members of the company by other members thereof or by the company; (c) in the case of a purchase of its shares by the company as aforesaid, the consequent reduction of its share capital; (d) restrictions on the transfer or allotment of the shares of the company; (e) the termination, setting aside or modification, of any agreement, howsoever arrived at, between the company and the managing director, any other director or manager, upon such terms and conditions as may, in the opinion of the Tribunal, be just and equitable in the circumstances.....

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Cantonments Act, 2006 Section 242

Title: Completion Notice

State: Central

Year: 2006

Every person to whom sanction for the erection or re-erection of any building in any area in a cantonment has been given under section 237 or section 238 by the Chief Executive Officer or, as the case may be, by the Board shall, within thirty days after completion of the erection or re-erection of the building give a notice of completion in writing to the Chief Executive Officer or the Board, as the case may be, and the Chief Executive Officer or the Board shall on receipt of such notice cause the building to be inspected in order to ensure that the building has been completed in accordance with the sanction given by the Chief Executive Officer or the Board, as the case may be.

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New Delhi Municipal Council Act 1994 Section 242

Title: When Building or Work May Be Proceeded with

State: Central

Year: 1994

.....a period of sixty days or in cases falling under clause (b) of section 236 within a period of thirty days, after the receipt of any notice under section 238 or section 239 or of the further information, if any, required under section 240, the Chairperson does not refuse to sanction the building or work or upon refusal, does not communicate the refusal to the person who has given the notice, the Chairperson shall be deemed to have accorded sanction to the building or work and the person by whom the notice has been given shall be free to commence and proceed with the building or work in accordance with his intention as expressed in the notice and the documents and plans accompanying the same. Provided that if it appears to the Chairperson that the site of proposed building or work is likely to be affected by any scheme of acquisition of land for any public purpose or by any proposed regular line of a public street or extension, improvement, widening or alteration of any street, the Chairperson may withhold sanction of the building or work for such period not exceeding three months as he deems fit and the period of sixty days or as the case may be, the period of thirty days.....

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Karnataka Panchayat Raj Act, 1993 Section 242

Title: Revision of Budget

State: Karnataka

Year: 1993

If, in the course of the official year, the Grama Panchayat finds it necessary to modify the provisions made in the budget with regard to the receipts or to the distribution of the amounts to be expended on the different services it undertakes, it may make such modifications: Provided that no diversion of grants transferred by the Government out of the Consolidated Fund of the State can be made for a purpose or programme or scheme not covered under such grants: Provided further that, without the approval of the Chief Executive Officer,- (a) no reduction of over ten percent shall be made in the grants approved for any developmental functions of the Grama Panchayat, and (b) the closing balance shall not be reduced below the sum fixed under clause (b) of sub-section (3) of section 241.

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Karnataka Municipal Corporations Act, 1976 Section 242

Title: Bye-laws Regarding Sewerage

State: Karnataka

Year: 1976

.....constituent which in the opinion of the corporation would, either alone or in combination with any matter with which it is likely to come into contact while passing through corporation sewers, injure or obstruct those sewers or make specially difficult or expensive the treatment or disposal of the sewage from those sewers; (k) the maximum quantity of trade effluent which may, without any consent or permission, be discharged from any trade premises into corporation sewers on any one day and the highest rate at which trade effluent may, without such consent or permission be discharged from any trade premises into corporation sewers; (l) the regulation of the temperature of trade effluent at the time of its discharge into corporation sewers and the securing of the neutrality of trade effluent (that is to say, that it is neither acidic nor alkaline) at the time of such discharge; (m) the charge to be paid to the corporation by occupiers of trade premises for the reception of trade effluent into corporation sewers and disposal thereof; (n) the provision and maintenance of such an inspection chamber or manhole as will enable a person readily to take at any time samples of.....

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Code of Criminal Procedure, 1973 Section 242

Title: Evidence for Prosecution

State: Central

Year: 1973

(1) If the accused refuses to plead or does not plead, or claims to be tried or the Magistrate does not convict the accused under section 241 the Magistrate shall fix a date for the examination of witnesses. 1[Provided that the Magistrate shall supply in advance to the accused, the statement of witnesses recorded during investigation by the police.] (2) The Magistrate may, on the application of the prosecution, issue a summons to any of its witnesses directing him to attend or to produce any document or other thing, (3) On the date so fixed, the Magistrate shall proceed to take all such evidence as may be produced in support of the prosecution: Provided that the Magistrate may permit the cross-examination of any witness to be deferred until any other witness or witnesses have been examined or recall any witness for further cross-examination. ___________________________________________ 1. Inserted vide Code of Criminal Procedure (Amendment) Act 2008 to be effective from 31.12.2009 vide Notification No. S.O. 3313(E) dated 30.12.2009.

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Karnataka Municipalities Act, 1964 Section 242

Title: Prohibition of Nuisance

State: Karnataka

Year: 1964

.....without proper authority removes, destroys, defaces or otherwise obliterates any notice or other document put up or exhibited under this Act or the rules or bye-laws made thereunder; or (b) makes any grave or burns or buries any corpse at any place not set apart for such purpose; or (c) at any time or place at which the same has been prohibited by the municipal council by public or special notice, beats any drum or TOMTOM, or blows as horn or trumpt, or beats any utensil, or sounds any brass or other instrument, or plays, any music; or (d) without proper authority disturbs the public peace or order by singing, screaming or shouting, or by using any apparatus for amplifying or reproducing the human voice, such as a megaphone or a loudspeaker; or (e) lets loose any animal so as to cause, or negligently allows any animal to cause injury, danger, alarm or annoyance to any person; or (f) save with the written permission of the Municipal Commissioner or Chief Officer and in such manner as he may authorise, stores or uses night soil, cow-dung, manure, rubbish or any other substance emitting an offensive smell; or (g) uses or permits to be used as a latrine any place not.....

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Income Tax Act, 1961 Section 242

Title: Correctness of Assessment Not to Be Questioned

State: Central

Year: 1961

In a claim under this Chapter, it shall not be open to the assessee to question the correctness of any assessment or other matter decided which has become final and conclusive or ask for a review of the same, and the assessee shall not be entitled to any relief on such claim except refund of tax wrongly paid or paid in excess.

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Merchant Shipping Act, 1958 Section 242

Title: Contents of Certificate B

State: Central

Year: 1958

.....section 262, and to carry upper-deck passengers, that she is furnished with substantial bulwarks and a double awning or with other sufficient protection against the weather; ' (g) in the case of 2 [a special trade passenger ship,] the number of cabin and 3 [special trade passengers] embarked at the port of embarkation; (h) such other particulars, if any, as may be prescribed for 2 [special trade passenger ships] or pilgrim ships, as the case may be. _______________________ 1. Substituted by Merchant Shipping Act, 1976(69 of 1976), Section 6 (1-12-1976). 2. Substituted for the words "unberthed passenger ships" by the Merchant Shipping (Amdt.) Act, 1976 (69 of 1976), Section 2. 3. Substituted for the words "unberthed passengers" by the Merchant Shipping (Amdt.) Act, 1976 (69 of 1976), Section 2.

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Companies Act, 1956 Section 242

Title: Prosecution

State: Central

Year: 1956

(1) If, from any report made under section 241, it appears to the Central Government that any person has, in relation to the company or in relation to any other body corporate,1[***] whose affairs have been investigated by virtue of section 239, been guilty of any offence for which he is criminally liable, the Central Government may, after taking such legal advice as it thinks fit, prosecute such person for the offence and it shall be the duty of 92[all officers and other employees] and3[agents of the company, or body corporate,] (other than the accused in the proceedings), to give the Central Government all assistance in connection with the prosecution which they are reasonably able to give. (2) Sub-section (6) of section 240 shall apply for the purposes of this section, as it applies for the purposes of that section. ___________________ 1 . Certain words omitted by Act 53 of 2000, Section 120 (w.e.f. 13-12-2000). 2 . Substituted by Act 65 of 1960, Section 77, for "all officers" (w.e.f. 28-12-1960). 3 . Substituted by Act 53 of 2000, Section 120, for certain word (w.e.f. 13-12-2000).

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