Section 50 - Page 3 - Bare Acts

Indian Contract Act, 1872 Section 50

Title: Performance in Manner or at Time Prescribed or Sanctioned by Promisee

State: Central

Year: 1872

The performance of any promise may be made in any manner, or at any time which the promisee prescribes or sanctions. Illustrations (a) B owes A 2,000 rupees. A desires B to pay the amount to A's account with C, a banker. B, who also banks with C, orders the amount to be transferred from his account to A's credit, and this is done by C. Afterwards, and before A knows of the transfer, C fails. There has been a good payment by B. (b) A and B are mutually indebted. A and B settle an account by setting off one item against another, and B pays A the balance found to be due from him upon such settlement. This amounts to a payment by A and B, respectively, of the sums which they owed to each other. (c) A owes B 2,000 rupees. B accepts some of A's goods in reduction of the debt. The delivery of goods operates as a part payment. (d) A desires B, who owes him Rs. 100, to send him a note for Rs. 100 by post. The debt is discharged as soon as B puts into the post a letter containing the note duly addressed to A.

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Northern India Canal and Drainage Act, I873 Section 50

Title: Recovery of Fines for Offences in Navigating Canals

State: Central

Year: 1873

Any fine imposed under this Act upon the owner of any vessel, or the servant or agent of such owner or other person in charge of any vessel, for any offence in respect of the navigation of such vessel may be recovered either in the manner prescribed by the Code of Criminal Procedure {See now the Code of Criminal Procedure, 1898 (5 of 1898).} or, if the Magistrate imposing the fine so directs, as though it were a charge due in respect of such vessel.

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Co-operative Societies Act, 1912 Section 50

Title: Repealed

State: Central

Year: 1912

[Repeal.] Rep. by the Second Repealing and Amending Act, 1914 (17 of 1914), Sec. 3 and Sch. II.

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Code of Civil Procedure, 1908 Section 50

Title: Legal Representative

State: Central

Year: 1908

(1) Where a judgment-debtor dies before the decree has been fully satisfied, the holder of the decree may apply to the Court which passed it to execute the same against the legal representative of the deceased. (2) Where the decree is executed against such legal representative, he shall be liable only to the extent of the property of the deceased which has come to his hands and has not been duly disposed of; and, for the purpose of ascertaining such liability, the Court executing the decree may, of its own motion or on the application of the decree-holder, compel such legal representative to produce such accounts as it thinks fit.

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Punjab Reorganisation Act, 1966 Section 50

Title: Arrears of Taxes

State: Central

Year: 1966

The right to recover arrears of any tax or duty on property, including arrears of land revenue, shall belong to the successor State in whose territories the property is situated, and the right to recover arrears of any other tax or duty shall belong to the successor State in whose territories the place of assessment of that tax or duty is included.

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Disaster Management Act, 2005 Section 50

Title: Emergency Procurement and Accounting

State: Central

Year: 2005

Where by reason of any threatening disaster situation or disaster, the National Authority or the State Authority or the District Authority is satisfied that immediate procurement of provisions or materials or the immediate application of resources are necessary for rescue or relief,-- (a) it may authorise the concerned department or authority to make the emergency procurement and in such case, the standard procedure requiring inviting of tenders shall be deemed to be waived; (b) a certificate about utilisation of provisions or materials by the controlling officer authorised by the National Authority, State Authority or District Authority, as the case may be, shall be deemed to be a valid document or voucher for the purpose of accounting of emergency, procurement of such provisions or materials.

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Finance Act, 1985 Section 50

Title: Amendment of Act 2 of 1899

State: Central

Year: 1985

In the Indian Stamp Act, 1899 (2 of 1899), in Schedule I, in the column headed "Proper Stamp-duty", with effect from the 1st day of July, 1985, - (a) in article No. 14, for the words "Twenty-five naye paise", the words "One rupee" shall be substituted; (b) in article No. 37, for the words "One rupee", the words "Two rupees" shall be substituted.

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Finance Act, 1995 Section 50

Title: Substitution of New Authorities

State: Central

Year: 1995

In the Customs Act, 1962 (52 of 1962) (hereinafter referred to as the Customs Act), unless the context otherwise requires, references to any authority specified in column (2) of the Table below shall be substituted by the references to the authority specified in the corresponding entry in column (3) of the said Table and such consequential changes as the rules of grammar may require shall also be made.- TABLE S.No. Existing Designation Substituted Designation (1) (2) (3) 1. Principal Collector of Customs Chief Commissioner of Customs 2. Collector of Customs Commissioner of Customs 3. Collector (Appeals) Commissioner (Appeals) 4. Deputy Collector of Customs Deputy Commissioner of Customs 5. Assistant Collector of Customs Assistant Commissioner of Customs.

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Army Act, 1950 Section 50

Title: Irregularity in Connection with Arrest or Confinement

State: Central

Year: 1950

Any person subject to this Act who commits any of the following offences that is to say,-- (a) unnecessarily detains a person in arrest or confinement without bringing him to trial, or fails to bring his case before the proper authority for investigation; or (b) having committed a person to military custody fails without reasonable cause to deliver at the time of such committal, or as soon as practicable, and in any case within forty-eight hours thereafter, to the officer or other person into whose custody the person arrested is committed, an account in writing signed by himself of the offence with which the person so committed is charged, shall, on conviction by court-martial, be liable to suffer imprisonment for a term which may extend to two years or such less punishment as is in this Act mentioned.

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Provincial Insolvency Act, 1920 Section 50

Title: Disallowance and Reduction of Entries in Schedule

State: Central

Year: 1920

(1) Where the receiver thinks that a debt has been improperly entered in the schedule, the Court may, on the application of the receiver and after notice to the creditor, and such inquiry (if any) as the Court thinks necessary, expunge such entry or reduce the amount of the debt. (2) The Court may also, after like inquiry, expunge an entry or reduce the amount of a debt upon the application of a creditor where no receiver has been appointed, or where the receiver declines to interfere in the matter or, in the case of a composition or scheme, upon the application of the debtor.

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