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Start Free TrialMulti-state Co-operative Societies Act, 2002 Section 83
Title: Repayment, Etc.
State: Central
Year: 2002
.....into the conduct of such person within a period of two years from the date of the report of the audit, inspection or inquiry or the date of the order of winding up, as the case may be: Provided that where the Central Registrar is satisfied that such inquiry could not be commenced during the period of two years aforesaid on account of fraud or concealment of facts, he may make or direct the inquiry to be made within such period not exceeding six years from the date of the report of the audit, inspection or inquiry or the date of the order of winding up, as he thinks fit. (2) Where an inquiry is made under sub-section (1), the Central Registrar may, after giving the person concerned a reasonable opportunity of being heard, make an order requiring him to repay or restore the money or property or any part thereof, with interest at such rate, or to pay contribution and costs or compensation to such extent, as the Central Registrar may consider just and equitable.
View Complete Act List Judgments citing this sectionCompanies (Second Amendment) Act, 2002 Section 83
Title: Amendment of Section 490 and 492
State: Central
Year: 2002
In sections 490 and 492 of the principal Act, for the word "Court,", wherever it occurs, the word "Tribunal" shall be substituted.
View Complete Act List Judgments citing this sectionFinance Act, 2002 Section 83
Title: Amendment of Section 196c
State: Central
Year: 2002
In section 196C of the Income-tax Act, the proviso shall be omitted with effect from the 1st day of June, 2002.
View Complete Act List Judgments citing this sectionCompetition Act, 2002 Section 15
Title: Vacancy, Etc., Not to Invalidate Proceedings of Commission
State: Central
Year: 2002
1 15. Vacancy, etc., not to invalidate proceedings ofCommission.-- No act or proceeding of the Commission shall be invalidmerely by reason of-- (a) any vacancy in, or any defect in the constitution of,the Commission; or (b) any defect in the appointment of a person acting as aChairperson or as a Member; or (c) any irregularity in the procedure of the Commissionnot affecting the merits of the case. _____________________________ 1. Effective from 19.06.2003 by Notification No. SO 715(E) Dated 19.06.2003.
View Complete Act List Judgments citing this sectionCompetition Act, 2002 Section 50
Title: Grants by Central Government
State: Central
Year: 2002
1 50. Grants by Central Government. The Central Government may, afterdue appropriation made by Parliament by law in this behalf, make to theCommission grants of such sums of money as the Government may think fit forbeing utilised for the purposes of this Act. ____________________________ 1. Effective from 19.06.2003 by Notification No. SO 715(E) Dated 19.06.2003.
View Complete Act List Judgments citing this sectionCompetition Act, 2002 Section 47
Title: Crediting Sums Realised by Way of Penalties to Consolidated Fund of India
State: Central
Year: 2002
1[All sums realised by way of penalties under this Act shall be credited to the Consolidated Fund of India.] _________________________ 1. Effective date:20th May 2009- notified vide Ministry of Corporate Affairs Notification No S.O.1241(E) dated 15.05.2009.
View Complete Act List Judgments citing this sectionCompetition Act, 2002 Section 44
Title: Penalty for Making False Statement or Omission to Furnish Material Information
State: Central
Year: 2002
If any person, being a party to a combination,-- (a) makes a statement which is false in any material particular, or knowing it to be false; or (b) omits to state any material particular knowing it to be material, such person shall be liable to a penalty which shall not be less than rupees fifty lakhs but which may extend to rupees one crore, as may be determined by the Commission.
View Complete Act List Judgments citing this sectionCompetition Act, 2002 Section 18
Title: Duties of Commission
State: Central
Year: 2002
1[Subject to the provisions of this Act, it shall be the duty of the Commission to eliminate practices having adverse effect on competition, promote and sustain competition, protect the interests of consumers and ensure freedom of trade carried on by other participants, in markets in India: Provided that the Commission may, for the purpose of discharging its duties or performing its functions under this Act, enter into any memorandum or arrangement with the prior approval of the Central Government, with any agency of any foreign country.] ___________________________________________ 1. Effective date :20th May 2009- notified vide Ministry of Corporate Affairs Notification No S.O.1241(E) dated 15.05.2009.
View Complete Act List Judgments citing this sectionCompetition Act, 2002 Section 17
Title: Appointment of Secretary, Experts Professionals and Officers and Other Employees and Other Employees of Commission
State: Central
Year: 2002
.....ability, who have special knowledge of, and experience in, economics, law, business or such other disciplines related to competition, as it deems necessary to assist the Commission in the discharge of its functions under this Act.] ________________________ 1. Effective from 31.03.2003 by Notification No. 340 (E) Dated 31.03.2003 2. Substituted by the Competition (Amendment) Act, 2007 [Act No. 39 of 2007] w.e.f. 12.10.2007. Prior to substitution it read as: "1 17. Registrar and officers and other employees of Commission.-- (1) The Commission may appoint a Registrar and such officers and other employees as it considers necessary for the efficient performance of its functions under this Act. (2) The salaries and allowances payable to and other terms and conditions of service of the Registrar and officers and other employees of the Commission and the number of such officers and other employees shall be such as may be prescribed."
View Complete Act List Judgments citing this sectionCompetition Act, 2002 Section 16
Title: Appointment of Director-general, Etc.
State: Central
Year: 2002
.....accountancy, management, business, public administration, international trade, law or economics and such other qualifications as may be prescribed. _____________________________ 1.Effective from 31.03.2003 by Notification No. 340 (E) Dated 31.03.2003 2. Substituted for the following by the Competition (Amendment) Act, 2007 [Act No. 39 of 2007] w.e.f. 12.10.2007. "(1) The Central Government may, by notification, appoint a Director General and as many Additional, Joint, Deputy or Assistant Directors General or such other advisers, consultants or officers, as it may think fit for the purposes of assisting the Commission in conducting inquiry into contravention of any of the provisions of this Act and for the conduct of cases before the Commission and for performing such other functions as are, or maybe, provided by or under this Act." 3. Substituted by the Competition (Amendment) Act, 2007 [Act No. 39 of 2007] for the words "such other advisers, consultants and officers,", w.e.f. 12.10.2007.
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