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Wild Life (Protection) Act, 1972 Section 58

Title: Offences by Companies

State: Central

Year: 1972

.....and punished accordingly: Provided that nothing contained in this sub-section shall render any such person liable to any punishment, if he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of such offence. (2) Notwithstanding anything contained in sub-section (1), where an offence against this Act has been committed by a company and it is proved that the offence has been committed with the consent or connivance of, or is attributable to any neglect on the part of, any director, manager, secretary or other officer of the company, such director, manager, secretary or other officer shall also be deemed to be guilty of that offence and shall be liable to be proceeded against and punished accordingly. Explanation.For the purposes of this section, (a) "company" means any body corporate and includes a firm or other association of individuals; and (b) "director", in relation to a firm, means a partner in the firm.

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Finance Act 1972 Section 58

Title: Amendment of Section 25

State: Central

Year: 1972

In section 25 of the Companies (Profits) Surtax Act, in sub-section (2), after clause (c), the following clause shall be inserted, namely :- "(cc) the circumstances in which, the conditions subject to which and the manner in which, the Appellate Assistant Commissioner may permit an appellant to produce evidence which he did not produce or which he was not allowed to produce before the Income-tax Officer;". Miscellaneous

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Wild Life (Protection) Act, 1972 Section 58-I

Title: Forfeiture of Property in Certain Cases

State: Central

Year: 1972

.....declare that such property shall, subject to the provisions of this Chapter stand forfeited to the State Government free from all encumbrances. (4) In case the person affected establishes that the property specified in the notice issued under section 58H is not an illegally acquired property and therefore not liable to be forfeited under the Act, the said notice shall be withdrawn and the property shall be released forthwith. (5) Where any shares in a company stand forfeited to the State Government under this Chapter, the company shall, notwithstanding anything contained in the Companies Act, 1956 (1 of 1956) or the article of association of the company, forthwith register the State Government as the transferee of such shares.

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Antiquities and Art Treasures Act 1972 Section 6

Title: Appointment of Licensing Officers

State: Central

Year: 1972

The Central Government may, by notified order,-- (a) appoint such persons, being gazetted officers of Government, as it thinks fit, to be licensing officers for the purposes of this Act; (b) define the limits of the area within which a licensing officer shall exercise the powers conferred on licensing officers by or under this Act.

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Marine Products Export Development Authority Act, 1972 Section 24

Title: Penalties for Obstructing a Member or Officer of the Authority in the Discharge of His Duties and for Failure to Produce Books and Records

State: Central

Year: 1972

Any person who-- (a) obstructs any member authorised by the Chairman in writing or any officer or other employee of the Authority authorised by it in this behalf or any person authorised in this behalf by the Central Government or by the Authority, in the exercise of any power conferred, or in the discharge of any duty imposed, on him by or under this Act; or (b) having control over or custody of any account book or other record fails to produce such book or record when required to do so by or under this Act, shall be punishable with imprison merit for a term which may extend to six months, or with fine which may extend to one thousand rupees, or with both.

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Marine Products Export Development Authority Act, 1972 Section 27

Title: Jurisdiction of Court

State: Central

Year: 1972

No court inferior to that of a Presidency Magistrate or a Magistrate of the first class shall try any offence punishable under this Act,

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Marine Products Export Development Authority Act, 1972 Section 28

Title: Previous Sanction of Central Government.

State: Central

Year: 1972

No prosecution for any offence punishable under this Act shall be instituted except with the previous sanction of the Central Government.

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Marine Products Export Development Authority Act, 1972 Section 29

Title: Protection of Action Taken in Good Faith

State: Central

Year: 1972

No suit, prosecution or other legal proceedings shall lie against the Government, or the Authority or any Committee appointed by it, or any member of the Authority or such Committee, or any officer or other employee of the Government or of the Authority or any other person authorised by the Government or the Authority, for anything which is in good faith done or intended to be done under this Act or the rules made thereunder.

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Marine Products Export Development Authority Act, 1972 Section 32

Title: Application of Other Laws Not Barred

State: Central

Year: 1972

The provisions of this Act shall be in addition to and not in derogation of the provisions of any other law for the time being in force.

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Finance Act 1972 Section 43

Title: Omission of Sixth Schedule

State: Central

Year: 1972

The Sixth Schedule to the Income-tax Act shall be omitted with effect from the 1st day of April, 1973. Wealth-Tax

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