Skip to content


Bare Act Search Results

Home Bare Acts Phrase: section 45 Sorted by: old Year: 1987 Page 1 of about 974 results (0.055 seconds)

Sign-up to get more results

Unlock complete result pages and premium legal research features.

Start Free Trial

Finance Act, 1987 Section 45

Title: Amendment of Section 192

State: Central

Year: 1987

.....(1). (2A) Where the assessee, being a government servant or an employee in a public sector undertaking, is entitled to the relief under sub-section (1) of section 89, he may furnish to the person responsible for making the payment referred to in sub-section (1), such particulars, in such form and verified in such manner as may be prescribed, and thereupon the person responsible as aforesaid shall compute the relief on the basis of such particulars and take it into account in making the deduction under sub-section (1). (2B) Where an assessee who receives any income chargeable under the head "Salaries" has, in addition, any income chargeable under any other head of income (not being a loss under any such head) for the same financial year, he may send to the person responsible for making the payment referred to in sub-section (1) the particulars of such other income and of any tax deducted thereon under any other provision of this Chapter, in such form and verified in such manner as may be prescribed, and thereupon the person responsible as aforesaid shall take such other income and the tax, if any, deducted thereon also into account for the purposes of making the.....

View Complete Act      List Judgments citing this section

National Dairy Development Board Act, 1987 Section 28

Title: Audit

State: Central

Year: 1987

(1) The accounts of the National Dairy Development Board shall be audited by auditors duly qualified to act as auditors of companies under the Companies Act, and the appointment of auditors and remuneration payable to them shall be subject to the approval of the Central Government. (2) Every auditor in the performance of his duties shall have at all reasonable times access to books, accounts and other documents of the National Dairy Development Board. (3) The auditors shall submit their report to the Board which shall forward a copy of their report to the Central Government.

View Complete Act      List Judgments citing this section

National Dairy Development Board Act, 1987 Section 36

Title: Recruitment of Additional Officers and Other Employees

State: Central

Year: 1987

Nothing contained in Chapter V shall be deemed to prejudice the right of the National Dairy Development Board to create such number of additional posts or to appoint such number of additional officers or other employees as it may consider necessary or desirable for the efficient discharge of the functions of the National Dairy Development Board and where any such officer or other employee is appointed, the terms and conditions of service, including inter se seniority, may also be determined by the Board.

View Complete Act      List Judgments citing this section

National Dairy Development Board Act, 1987 Section 35

Title: Obligation as to Fidelity and Secrecy

State: Central

Year: 1987

(1) The Board small not, except as otherwise required by this Act or any other law, divulge any information relating to, or to the affairs of, the National Dairy Development Board or of the society or of the dissolved company except in circumstances in Which it is in accordance with the law or practice and usage customary among financial institutions, necessary or appropriate for the Board to divulge such information. (2) Every director, member of a committee, auditor or officer or other employee of the National Dairy Development Board shall, before entering upon his duties, make a declaration of fidelity and secrecy in the form set out in the Schedule.

View Complete Act      List Judgments citing this section

National Dairy Development Board Act, 1987 Section 34

Title: Indemnity of Directors

State: Central

Year: 1987

Every director shall be indemnified by the National Dairy Development Board against all losses and expenses incurred by him, in, or in relation to, the discharge of his duties, except such as are caused by his own wilful act or default.

View Complete Act      List Judgments citing this section

National Dairy Development Board Act, 1987 Section 33

Title: Protection of Acts Done in Good Faith

State: Central

Year: 1987

No suit or other legal proceeding shall lie against the National Dairy Development Board or any director or any officer or other employee of the Board or any other person authorised by the Board to discharge any functions under this Act, for any loss or damage caused or likely to be caused by anything which is in good faith done or intended to be done in pursuance of this Act or of any other law or provision having the force of law.

View Complete Act      List Judgments citing this section

National Dairy Development Board Act, 1987 Section 32

Title: Defects in Appointments Not to Invalidate Acts, Etc., of Board

State: Central

Year: 1987

No act or proceeding of the Board or of any committee of the National Dairy Development Board shall be questioned on the ground merely of the existence of any vacancy in, or defect in the constitution of, the Board or the committee, as the case may be.

View Complete Act      List Judgments citing this section

National Dairy Development Board Act, 1987 Section 31

Title: Special Provisions for Enforcement of Claims by National Dairy Development Board

State: Central

Year: 1987

(1) Where any person, in breach of any agreement, makes any default in the repayment of any loan or advance or any instalment thereof (or in meeting its obligations in relation to the guarantee given by the National Dairy Development Board) or otherwise fails to comply with the terms of agreement with the Board or where the Board requires any person to make immediate repayment of any loan or advance under section 30 and the person fails to make such repayment, then, without prejudice to the provisions of section 69 of the Transfer of Property Act, 1882, and officer of the National Dairy Development Board, generally or specially authorised by the Board in this behalf, may apply to the Court for one or more of the following reliefs, namely :-- (a) for an order for the sale of the property pledged, mortgaged, hypothecated or assigned to the National Dairy Development Board as security for the loan or advance; or (b) for transferring the management of any orgination to the National Dairy Development Board; or

View Complete Act      List Judgments citing this section

National Dairy Development Board Act, 1987 Section 30

Title: Power to Call for Repayment Before Agreed Period

State: Central

Year: 1987

.....is a reasonable apprehension that the person is unable to pay his debts or that proceedings for liquidation may be commenced in respect thereof; or (d) if the property pledged, mortgaged, hypothecated or assigned as security for the loan or advance is not insured and kept insured by the person to the satisfaction of the Board (or depreciates in value to such an extent that, in the opinion of the Board, further security to the satisfaction of the Board should be given and such security is not given after demand); or (e) if, without due permission, any machinery, plant or other equipment (whether forming par of security or not) is removed from the concerned premises without being replaced; or (f) if it appears to the Board that any condition in the loan agreement relating to the supply of goods or implementation of the project is being substantially violated; or (g) if, for any other reason, the Board considers it necessary so to do for protecting the interests of the National Dairy Development Board.

View Complete Act      List Judgments citing this section

National Dairy Development Board Act, 1987 Section 29

Title: Reports to Be Laid Before Parliament

State: Central

Year: 1987

The Central Government shall cause the report of the auditors under section 28 to be laid before both the Houses of Parliament as soon as may be after such report is received by the Central Government.

View Complete Act      List Judgments citing this section

  • << Prev.

Sign-up to get more results

Unlock complete result pages and premium legal research features.

Start Free Trial

Save Judgments// Add Notes // Store Search Result sets // Organize Client Files //