Bare Act Search Results

The Kerala State Aid to Industries Act, 1963 Complete Act

State: Kerala

Year: 1963

.....any specific development programme; (5)˜cottage industry' means an industrial business or enterprise carried on in any premises to which the Factories Act, 1948 (Central Act 63 of 1948), does not apply, and includes dairy farming, bee-keeping and keeping a poultry farm; (6)˜small scale industry' means an industrial business or enterprise the capital invested in which does not exceed five lakhs of rupees; (7)˜village industry' means any industry which forms the normal occupation, whether whole-time or part-time, of any class of the rural population of the State; (8)˜machinery' includes plant, apparatus, tools and other appliances required for the purpose of carrying on any industrial operation or process; (9)˜owner' means the person who owns any industrial undertaking and includes the successor-in-interest of such person in respect of such undertaking; (10)˜prescribed' means prescribed by rules made under this Act; (11)˜State means the State of Kerala; (12)˜State aid' means any aid given by or on behalf of the Government under the provisions of this Act and the rules, if any, made thereunder. CHAPTER II The State aid to.....

Companies Act, 1956 Part 4

Title: Share Capital and Debentures

State: Central

Year: 1956

.....company who is in default, shall be punishable with fine which may extend to3[five hundred rupees]. ________________________ 1.Substituted by Act 11 of 2003, Section 14, for "Court". 2.Substituted by Act 31 of 1965, Section 62 and Schedule, for "fifteen" (w.e.f. 15-10-1965). 3. Substituted by Act 53 of 2000, Section 43, for "fifty rupees" (w.e.f. 13-12-2000). Section 108 to 112 - Transfer of shares and debentures Section 108 - Transfer not to be registered except on production of instrument of transfer (1) A company shall not register a transfer of shares in, or debentures of, the company, unless a proper instrument of transfer duly stamped and executed by or on behalf of the transferor and by or on behalf of the transferee and specifying the name, address and occupation, if any, of the transferee, has been delivered to the company along with the certificate relating to the shares or debentures or if no such certificate is in existence, along with the letter of allotment of the shares or debentures: Provided that where, on an application in writing made to the company by the transferee and bearing the stamp required for an instrument of transfer, it is proved.....

Companies Act, 1956 Section 608

Title: Interpretation of Provisions as to Prospectuses

State: Central

Year: 1956

(1) Where any document by which any shares in, or debentures of, a company incorporated outside India are offered for sale to the public, would, if the company concerned had been a company within the meaning of this Act, have been deemed by virtue of section 64, to be a prospectus issued by the company, that document shall be deemed, for the purposes of this Part, to be a prospectus issued by the company offering such shares or debentures for subscription. (2) An offer of shares or debentures for subscription or sale to any person whose ordinary business it is to buy or sell shares or debentures, whether as principal or as agent, shall not be deemed to be an offer to the public for the purposes of this Part. (3) In this Part, the expressions "prospectus", "shares" and "debentures" have the same meanings as when used in relation to a company incorporated under this Act.

Companies Act, 1956 Section 158

Title: Provisions as to Foreign Registers

State: Central

Year: 1956

.....The company may discontinue the keeping of any foreign register; and thereupon all entries in that register shall be transferred to some other foreign register kept by the company in the same part of the world or to the principal register. (8) Subject to the provisions of this Act, a company may, by its articles, make such regulations as it thinks fit in regard to its foreign registers. (9) If default is made in complying with sub-section (4), the company, and every officer of the company who is in default, shall be punishable with fine which may extend to1[five hundred rupees]. ____________________ 1. Substituted by Act 53 of 2000, Section 67, for "fifty rupees" (w.e.f. 13-12-2000).

Gift-tax Act, 1958 [Cease to Have Effect on or After the 01.10.1998] Schedule II

Title: Second Schedule

State: Central

Year: 1958

.....such date, the quotation on the date closest to such date and immediately preceding such date. Explanation-The words and expressions used in this rule and rules 3 to 7 but not defined and defined in rule 2 of Schedule 111 of the Wealth-tax Act shall have the meanings respectively assigned to them in rule 2 of that Schedule. 3. Special provision for quoted shares of companies.- Notwithstanding anything in rule 2, the value of an equity share in any company which is a quoted share may, at the option of the assessee or a company, be taken on the basis of the average of the value quoted on the 31st day of March immediately preceding the assessment year and the values quoted in respect of such share on the said dates in relation to each of the immediately preceding nine assessment years, or where there is no such quotation on any of the aforesaid dates, the quotation on the date closest to the said date and immediately preceding such date: Provided that where for any reason the value of such share is quoted in relation to lesser number of assessment years than the said nine assessment years, then the value or values so quoted shall be taken into account for the purposes of.....

Gift Tax Act, 1958 Complete Act

State: Central

Year: 1958

.....shall be deemed to be a gift made by the transferor; (c) where there is a release, discharge, surrender, forfeiture, abandonment of any debt, contract or other actionable claim or of any interest in property by any person, the value of the release, discharge, surrender, forfeiture or abandonment, to the extent to which it has not been found to the satisfaction of the [Assessing officer] to have been bona fide, shall be deemed to be a gift made by the person responsible for the release, discharge, surrender, forfeiture or abandonment; (d) where a person absolutely entitled to property causes or has caused the same to be vested in whatever manner in himself and any other person jointly without adequate consideration and such other person makes an appropriation from or out of the said property, the amount of the appropriation used for the benefit of the person making the appropriation or for the benefit of any other person shall be deemed to be a gift made in his favour by the person who causes or has caused the property to be so vested. 29[(e) where a person who has an interest in property as a tenant for a term or for life or a remainder man surrenders or relinquishes his.....

Finance Act, 1993 Section 42

Title: Amendment of Schedule Ii

State: Central

Year: 1993

.....date, the quotation on the date closest to such date and immediately preceding such date. Explanation : The words and expressions used in this rule and rules 3 to 7 but not defined and defined in rule 2 of Schedule III to the Wealth-tax Act shall have the meanings respectively assigned to them in rule 2 of that Schedule. 3. Special provision for quoted shares of companies. - Notwithstanding anything in rule 2, the value of an equity share in any company which is a quoted share may, at the option of the assessee or a company, be taken on the basis of the average of the value quoted on the 31st day of March immediately preceding the assessment year and the values quoted in respect of such share on the said dates in relation to each of the immediately preceding nine assessment years, or where there is no such quotation on any of the aforesaid dates, the quotation on the date closest to the said date and immediately preceding such date : Provided that where for any reason the value of such share is quoted in relation to lesser number of assessment years than the said nine assessment years, then the value or values so quoted shall be taken into account for the purposes of.....

Finance Act, 1993 Chapter III

Title: Direct Tax

State: Central

Year: 1993

.....than units referred to in section 115AB) listed in a recognised stock exchange in India in accordance with the provisions of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), and any rules made thereunder; or (b) income by way of short-term or long-term capital gains arising from the transfer of such securities, the income-tax payable shall be the aggregate of - (i) the amount of income-tax calculated on the income in respect of securities referred to in clause (a), if any, included in the total income, at the rate of twenty per cent.; (ii) the amount of income-tax calculated on the income by way of short-term capital gains referred to in clause (b), if any, included in the total income, at the rate of thirty per cent.; (iii) the amount of income-tax calculated on the income by way of long-term capital gains referred to in clause (b), if any, included in the total income, at the rate of ten per cent.; and (iv) the amount of income-tax with which the Foreign Institutional Investor would have been chargeable had its total income been reduced by the amount of income referred to in clause (a) and clause (b). (2) Where the gross total income of the.....

Companies Act, 1956 Section 82

Title: Nature of Shares or Debentures

State: Central

Year: 1956

82. Nature of1[shares or debentures] The1[shares or debentures] other interest of any member in a company shall be movable property, transferable in the manner provided by the articles of the company. _________________ 1. Substiuted by Act 21 of 1999, section 8, for "shares" (w.r.e.f. 31-10-1988).

Companies Act, 1956 Complete Act

State: Central

Year: 1956

.....as in the (Depositories Act, 1996) (22 of 1996); (12B) "derivative" has the same meaning as in clause (aa) of (S.2 of the Securities Contracts (Regulation) Act, 1956) (42 of 1956);] (13) "director" includes any person occupying the position of director, by whatever name called; (14) "District Court" means the principal Civil Court of original jurisdiction in a district, but does not include a High Court in the exercise of its ordinary original civil jurisdiction ; [(14A) "dividend" includes any interim dividend;] (15) "document" includes summons, notice, requisition, order, other legal process, and registers, whether issued, sent or kept in pursuance of this or any other Act or otherwise ; [(15A) "employees stock option" means the option given to the whole-time directors, officers or employees of a company, which gives such directors, officers or employees the benefit or right to purchase or subscribe at a future date, the securities offered by the company at a pre-determined price;] (16) "existing company" means an existing company as defined in (section 3); (17) "financial year" means, in relation to any body corporate, the period in respect of which.....