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Karnataka Municipal Corporations Act, 1976 Section 321

Title: Demolition or Alteration of Buildings or Well Work Unlawfully Commenced, Carried on or Completed

State: Karnataka

Year: 1976

.....the building or hut or well together with a notice requiring him to show cause within a reasonable time to be named in such notice why the order should not be confirmed. (3) If the owner or builder fails to show cause to the satisfaction of the Commissioner, the Commissioner may confirm the order, with any modification he may think fit and such order shall then be binding on the owner. (4) If the construction or reconstruction of any building or hut is commenced contrary to the provisions of section 300 or 314 and the Commissioner is of the opinion that immediate action should be taken, then, notwithstanding anything contained in this Act, a notice to be given under sub-section (2) shall not be of less duration than twenty-four hours and shall be deemed to be duly served if it is affixed in some conspicuous part of the building or hut to which the notice relates and published by proclamation at or near such building or hut accompanied by beat of drum, and upon such affixation and publication, all persons concerned shall be deemed, to have been duly informed of the matters stated therein.

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Companies Act, 1956 Section 321

Title: Provisions Supplementary to Sections 318, 319 And320

State: Central

Year: 1956

(1) Wherein proceedings for the recovery of any payment as having, by virtue of sub-section (2) of section 319 or sub-section (4) of section 320, been received by any person in trust, it is shown that - (a) the payment was made in pursuance of any arrangement entered into as part of the agreement for the transfer in question, or within one year before, or within two years after, that agreement or the offer leading thereto; and (b) the company or any person to whom the transfer was made was privy to that arrangement, the payment shall be deemed, except insofar as the contrary is shown, to be one to which that sub-section applies. (2) If in connection with any such transfer as is mentioned in section 319 or in section 320,- (a) the price to be paid, to a director of the company whose office is to be abolished or who is to retire from office, for any shares in the company held by him is in excess of the price which could at the time have been obtained by other holders of the like shares; or (b) any valuable consideration is given to any such director; the excess or the money value of the consideration, as the case may be, shall for the purposes of that section, be.....

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