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Start Free TrialKarnataka Agricultural Produce Marketing (Regulation) Act, 1966 Section 88
Title: Charge on Security and Refund of Security Deposit
State: Karnataka
Year: 1966
.....made by the licensee in payment of any money payable by him to the market committee1[or producer, seller] to any other market functionary under this Act or the rules or bye-laws made thereunder. (2) The security deposited a bank guarantee furnished by a licensee under section 85 or 86 shall be subject to a first charge in favour of the market committee for all sums due to the committee by the licensee. (3) (a) The security deposited or a bank guarantee furnished by a trader shall be subject to a second charge in favour of such of the commission agents as the trader shall be indebted to in respect of the credit purchases, for the total amount of such indebtedness. (b) The security deposited or a bank guarantee furnished by a commission agent, shall be subject to a second charge in favour of such of the principals as the commission agent shall be indebted to in respect of the sales of their goods, for the total amount of such indebtedness. (4) The bank guarantee furnished by the licensee under section 85 or 86 shall be unconditional and the amount guaranteed by the bank or part thereof as the market committee may demand shall be payable to the market committee on demand. No.....
View Complete Act List Judgments citing this sectionRepresentation of the People Act, 1951 Section 121
Title: Payment of Costs out of Security Deposits and Return of Such Deposits
State: Central
Year: 1951
.....(1) of the costs referred to in that sub-section, such balance, or where no costs have been awarded or no application as aforesaid has been made within the said period of3[one year] the whole of the said security deposits may, on an application made in that behalf in writing to2[the High Court] by the person by whom the deposits have been made or if such person dies after making such deposits by legal representative of such person, be returned to the said person or to his legal representative, as the case may be. ______________________ 1. Substituted by Act 58 of 1958, Section 34, for certain words. 2. Substituted by Act 47 of 1966, Section 52, for "the Election Commission" w.e.f. 14-12-1966. 3. Substituted by act 58 of 1958, Section 34, for "six months".
View Complete Act List Judgments citing this sectionDisputed Elections (Prime Minister and Speaker) Act, 1977 Section 25
Title: Payment of Costs out of Security Deposits and Return of Such Deposits
State: Central
Year: 1977
(1) If in any order as to costs under the provisions of this Act there is a direction for payment of costs by any party to any person, such costs shall, if they have not been already paid, be paid in full, or so far as possible, out of the security deposit and the further security deposit, if any, made by such party under this Act on an application made in writing in that behalf within a period of one year, from the date of such order to the Election Commission by the person in whose favour the costs have been awarded. (2) If there is any balance left of any of the said security deposit after payment under sub-section (1) of the costs referred to in that sub-section, such balance, or where no costs have been awarded or no applications as aforesaid has been made within the said period of one year, the whole of the said security deposits may, on an application made in that behalf in writing to the Election Commission by the person by whom the deposits have been made, or if such person dies after making such deposits, by the legal representative of such person, be returned to the said person or to his legal representative, as the case may be.
View Complete Act List Judgments citing this sectionKarnataka Money-lenders Act, 1961 Section 9A
Title: Repayment of Security Deposit
State: Karnataka
Year: 1961
Section 9A - Repayment of Security Deposit 1 [9A. Repayment of Security Deposit.-- Where a licence has been cancelled by the Registrar, he shall by order in writing refund the security deposit paid but not forfeited under section 7B, to the person whose licence has been so cancelled.] _______________________________ 1. Inserted by Act 14 of 1998 w.e.f. 22.5.1998.
View Complete Act List Judgments citing this sectionInsurance Act, 1938 (4 of 1938) Section 120
Title: Determination of Market Value of Securities Deposited Under This Act
State: Central
Year: 1938
The market value on the day of deposit of securities deposited in pursuance of any of the provisions of this Act with the Reserve Bank of India shall be determined by the Reserve Bank of India whose decision shall be final.
View Complete Act List Judgments citing this sectionInsurance Act, 1938 (4 of 1938) Section 7
Title: Deposits
State: Central
Year: 1938
.....be made under the foregoing provisions of this section before the application for registration is made whether any such application is or is not in fact made.] (8) A deposit made in cash shall be held by the Reserve Bank of India to the credit of the insurer and shall 21 [except to the extent, if any, to which the cash has been invested in securities under sub-section (9A)] be returnable to the insurer in cash in any case in which under the provisions of this Act a deposit is to be returned; and any interest accruing due and collected on securities deposited under sub-section (1) or sub-section (2) shall be paid to the insurer, subject only to deduction of the normal commission chargeable for the realization of interest. 22 [(9) The insurer may at any time replace any securities deposited by him under this section with the Reserve Bank of India either by cash or by other approved securities or partly by cash and partly by other approved securities, provided that such cash, or the value of such other approved securities estimated at the market rates prevailing at the time of replacement, or such cash together with such value, as the case may be, is not less than the value of.....
View Complete Act List Judgments citing this sectionSecurities Contracts (Regulation) Rules, 1957 Complete Act
State: Central
Year: 1957
.....desirous of renewal of such recognition may make an application to the3[Securities and Exchange Board of India] in Form A. (2) The provisions of rule 3-,rule 4-,rule 5-,4[rule 5A-] and rule 6-shall apply in relation to renewal of recognition as they apply in relation to grant of recognition except that the fee payable in respect of an application for renewal of recognition shall be rupee two hundred. RULE 08: QUALIFICATIONS FOR MEMBERSHIP OF A RECOGNISED STOCK EXCHANGE The rules relating to admission of members of a stock exchange seeking recognition shall inter alia provide that : (1) No person shall be eligible to be elected as a member if- (a) he is less than twenty-one years of age; ( b) he is not a citizen of India; provided that the governing body may in suitable cases relax this condition with the prior approval of the5[Securities and Exchange Board of India]; (c) he has been adjudged bankrupt or a receiving order in bankruptcy has been made against him or he has been proved to be insolvent even though he has obtained his final discharge; (d) he has been compounded with his creditors unless he has paid sixteen annas in the rupee; (e) he has been convicted of.....
List Judgments citing this sectionSecuritisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Chapter III
Title: Enforcement of Security Interest
State: Central
Year: 2002
.....security are in accordance with the provisions of this Act and the rules made thereunder. (3) If, the Debts Recovery Tribunal, after examining the facts and circumstances of the case and evidence produced by the parties, comes to the conclusion that any of the measures referred to in sub-section (4) of section 13, taken by the secured creditor are not in accordance with the provisions of this Act and the rules made thereunder, and require restoration of the management of the business of the borrower or restoration of possession of the secured assets to the borrower, it may by order, declare the recourse to any one or more measures referred to in sub-section (4) of section 13 taken by the secured creditors as invalid and restore the possession of the secured assets to the borrower or restore the management of the business to the borrower, as the case may be, and pass such order as it may consider appropriate and necessary in relation to any of the recourse taken by the secured creditor under sub-section (4) of section 13. (4) If, the Debts Recovery Tribunal declares the recourse taken by a secured creditor under sub-section (4) of section 13, is in accordance with the.....
View Complete Act List Judgments citing this sectionRepresentation of the People Act, 1951 Chapter V
Title: Cost and Security for Costs
State: Central
Year: 1951
.....and 120 w.e.f. 14-12-1966. Section 118 - Security for costs from a respondent No person shall be entitled to be joined as a respondent under sub-section (4) of section 86 unless he has given such security for costs as the High Court may direct. Section 119 - Costs Costs shall be in the discretion of the High Court : Provided that where a petition is dismissed under clause (a) of section 98, the returned candidate shall be entitled to the costs incurred by him in contesting the petition and accordingly the High Court shall make an order for costs in favour of the returned candidate.] Section 121 - Payment of costs out of security deposits and return of such deposits (1) If in any order as to costs under the provisions of this Part there is a direction for payment of costs by any party to any person, such costs shall, if they have not been already paid, be paid in full, or so far as possible out of the security deposit and the further security deposit, if any, made by such party under this part on an application made in writing in that behalf1[within a period of one year, from the date of such order] to2[the High Court] by the person in whose favour the costs have.....
View Complete Act List Judgments citing this sectionSecuritisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 13
Title: Enforcement of Security Interest
State: Central
Year: 2002
.....secured creditor of such company, who opts to realise his security instead of relinquishing his security and proving his debt under proviso to subsection (1) of section 529 of the Companies Act, 1956, may retain the sale proceeds of his secured assets after depositing the workmen's dues with the liquidator in accordance with the provisions of section 529A of that Act; Provided also that the liquidator referred to in the second proviso shall intimate the secured creditor the workmen's dues in accordance with the provisions of section 529A of the Companies Act, 1956 and in case such workmen's dues cannot be ascertained, the liquidator shall intimate the estimated amount of workmen's dues under that section to the secured creditor and in such case the secured creditor may retain the sale proceeds of the secured assets after depositing the amount of such estimated dues with the liquidator: Provided also that in case the secured creditor deposits the estimated amount of workmen's dues, such creditor shall be liable to pay the balance of the workmen's dues or entitled to receive the excess amount, if any, deposited by the secured creditor with the liquidator: Provided also.....
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