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Start Free TrialSashastra Seema Bal Act 2007 Section 65
Title: Pay and Allowances of Prisoner of War During Inquiry into His Conduct
State: Central
Year: 2007
Where the conduct of any person subject to this Act when being taken prisoner by, or while in the hands of, the enemy, is to be inquired into under this Act or any other law, the Director-General or any officer authorised by him may order that the whole or any part of the pay and allowances of such person shall be withheld pending the result of such inquiry.
View Complete Act List Judgments citing this sectionBanking Regulation (Amendment) Act 2007 Section 4
Title: Repeal and Saving
State: Central
Year: 2007
(1) The Banking Regulation (Amendment) Ordinance, 2007 (Ord. 1 of 2007) is hereby repealed. (2) Notwithstanding the repeal of the Banking Regulation (Amendment) Ordinance, 2007 (Ord. 1 of 2007), anything done or any action taken under the principal Act, as amended by the said Ordinance, shall be deemed to have been done or taken under the corresponding provisions of the principal Act, as amended by this Act.
View Complete Act List Judgments citing this sectionWarehousing (Development and Regulation) Act 2007 Section 7
Title: Duties of Warehousemen
State: Central
Year: 2007
(1) In the absence of a lawful excuse, a warehouseman shall deliver the goods referred to in a negotiable receipt, to the holder of the receipt on demand made by the holder and on the holder fulfilling all the following conditions, namely:- (a) satisfying the warehouse lien; (b) surrendering the receipt in case of non-negotiable receipt and surrendering ' the receipt with endorsements in case of negotiable receipt; and (c) acknowledging in writing the receipt of the goods.- (2) If a warehouseman refuses or fails to deliver the goods in compliance with the provisions of this section, the burden of proof shall lie on the warehouseman to establish the existence of a lawful excuse for the refusal or failure.
View Complete Act List Judgments citing this sectionWarehousing (Development and Regulation) Act 2007 Section 6
Title: Liabilities of Warehousemen
State: Central
Year: 2007
(1) A warehouseman is liable for loss of, or injury to, goods caused by his failure to exercise such care and diligence in regard to the goods as a careful and vigilant owner of the goods of the same bulk, quality and value would exercise in the custody of them in similar conditions. (2) In case the goods are damaged or lost in spite of taking all care and precautions by the warehouseman due to unavoidable circumstances, the compensation equal to the value of goods at the time of deposit of the goods shall be payable by the warehouseman. (3) In case the goods are damaged or lost due to the negligence of the warehouseman, then, the compensation shall be equal to value of goods plus the loss of profit to the holder of the receipt. (4) The warehouseman shall not be responsible for any loss, destruction, damage or deterioration of the goods delivered to him for storage attributable to circumstances such as force majeure, act of war, act of public enemies and the like.
View Complete Act List Judgments citing this sectionWarehousing (Development and Regulation) Act 2007 Section 5
Title: Registration of Accreditation Agencies
State: Central
Year: 2007
(1) The Authority shall, from time to time, determine the number of accreditation agencies as it may authorise to issue certificate of accreditation to warehouses issuing negotiable warehouse receipts. (2) Any person fulfilling the qualifications and other requirements as may be prescribed and desirous of functioning as an accreditation agency under this Act may make an application to the Authority seeking its registration as such under this Act. (3) Every application under sub-section (2) shall be in such form and manner and shall be accompanied by such fees and security deposit as may be prescribed. (4) The form in which and the terms and conditions subject to which a certificate of registration as an accreditation agency may be issued under this section shall be such as may be prescribed.
View Complete Act List Judgments citing this sectionWarehousing (Development and Regulation) Act 2007 Section 4
Title: Registration of Warehouses
State: Central
Year: 2007
.....may, after such enquiry and subject to such terms and conditions as it thinks fit, grant a certificate of registration of the warehouse in the prescribed form and bearing a registration number to the applicant authorising him to carry on the business of maintaining a warehouse or warehouses and to issue negotiable warehouse receipts. (4) The Authority may not grant a certificate of registration under this section unless it is satisfied that the warehouse in respect of which the application has been made has adequate facilities and safeguards required to warehouse the goods of the nature specified in the application and the applicant satisfies the financial, managerial and other eligibility criteria and competence as may be prescribed: Provided that no certificate of registration shall be refused to any applicant under this section unless the applicant has been given an opportunity of being heard.
View Complete Act List Judgments citing this sectionWarehousing (Development and Regulation) Act 2007 Section 3
Title: Requirement of Registration for Warehouses Issuing Negotiable Warehouse Receipts
State: Central
Year: 2007
(1) No person shall commence or carry on the warehousing business unless he has obtained a registration certificate in respect of the concerned warehouse or warehouses granted by the Authority under this Act: Provided that a person carrying on the warehousing business immediately before the commencement of this Act shall be allowed to carry on such business, in case he has made an application for registration within thirty days from the date of such commencement: Provided further that no such registration shall be required for warehouses which do not propose to issue negotiable warehouse receipt. Explanation.--For the removal of doubts, it is hereby clarified that a warehouse registered under this Act shall also be eligible to issue non-negotiable warehouse receipts. (2) Notwithstanding anything contained in sub-section (1), the Authority may, subject to such regulations and guidelines issued by it, authorise any person registered under section 5 as an accreditation agency to issue certificate of accreditation to any person for carrying on the business of warehousing issuing negotiable warehouse receipts.
View Complete Act List Judgments citing this sectionWarehousing (Development and Regulation) Act 2007 Section 2
Title: Definitions
State: Central
Year: 2007
.....of the Transfer of Property Act, 1882(4 of 1982); (c) "Authority" means the Warehousing Development and Regulatory Authority established under sub-section (1) of section 24; (d) "depositor" means a person who delivers goods to the warehouseman for storage; (e) "endorsee" means the person to whom the warehouse receipt is negotiated; (f) "endorsement" means signing on the warehouse receipt by the depositor or holder of the warehouse receipt for the purpose of its negotiation; (g) "electronic form", with reference to information, means any information generated, sent, received or stored in media, magnetic, optical, computer memory, microfilm, computer generated micro fiche or similar device; (h) "fungible goods" means any goods of which any unit is, by nature or usage of trade, the equivalent of any other like unit and are received by a warehouseman as fungible goods; (i) "goods" means all tangible movable goods (other than actionable claims, money and securities), whether fungible or not; (j) "grade" means the quality standard of any goods as notified as grade designation by the Central Government under the Agricultural Produce (Grading and Marking) Act, 1937(1 of.....
View Complete Act List Judgments citing this sectionWarehousing (Development and Regulation) Act 2007 Section 1
Title: Short Title, Extent and Commencement
State: Central
Year: 2007
(1) This Act may be called the Warehousing (Development and Regulation) Act, 2007. (2) It extends to the whole of India except the State of Jammu and Kashmir. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.
View Complete Act List Judgments citing this sectionBanking Regulation (Amendment) Act 2007 Section 3
Title: Amendment of Section 53
State: Central
Year: 2007
In section 53 of the principal Act,-- (i) in sub-section (1), the words and figures "or any of their branches functioning or located in any Special Economic Zone established under the Special Economic Zones Act, 2005 (28 of 2005)" shall be omitted; (ii) in sub-section (2), in the opening portion, for the words, brackets and figure "A copy of every notification proposed to be issued under sub-section (1), shall be laid in draft before each House of Parliament", the following words, brackets and figures shall be substituted, namely:-- "A copy of every notification proposed to be issued under sub-section (1) relating to any banking company or institution or any class, of banking companies or any branch of a banking company or an institution as the case may be, functioning or located in any Special Economic Zone established under the Special Economic Zones Act, 2005 (28 of 2005) shall be laid in draft before each House of Parliament."
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