Title : Schedule
State : Central
Year : 1960
THE SCHEDULE [See section 1(3)] MODIFICATIONS OF THE ACT IN ITS APPLICATION TO THE UNION TERRITORY OF PONDICHERRY 1. Section 3 and 4 shall be omitted. 2. In section 4A, for the word, brackets, letters and figures "twenty-seven and a half per cent of the aggregate of (i) the stipulated dividend, and (ii) an amount equal to eleven per cent of the stipulated divided as specified in sub-section (3) of section 3", the following shall be substituted, namely: - "Twenty-seven and a half per cent of the stipulated dividend: Provided that i a case where the preference shares in respect of which the dividend is declared or paid form part of the preference share capital of a company which, in respect of the greater part of its total income, is entitled to a deduction from tax chargeable..... View Complete Act List Judgments citing this sectionTitle : Claims to Be Made to the Commissioner
State : Central
Year : 1981
(1) Every shareholder, having a claim in relation to any share acquired by this act , shall prefer such claim before the commissioner within thirty days from the specified date. Provided that if the commissioner is satisfied that the claimant was prevented by sufficient cause from preferring such claim within the period of thirty days , he may entertain the claim within a further period of thirty days and not thereafter. (2) Every shareholder of a preference share shall have a preferential claim with regard to the amount paid by the central government to the commissioner. View Complete Act List Judgments citing this sectionTitle : Payment of Amount
State : Central
Year : 1977
(1) For the transfer to, and vesting in, the Central Government under section 3 of the shares of Caltex Oil Refining and for the transfer to, and vesting in, the Central Government under section 5 of the right, title and interest of Caltex (India) in relation to its undertakings in India, there shall be paid by the Central Government an aggregate amount of rupees thirteen crores to Caltex Petroleum and Caltex (India) in the proportions agreed to by them. (2) The amount specified in sub-section (1) shall carry interest free of income-tax at the rate of either per cent.per annum from the 1st day of January, 1977, till the date of payment in the manner specified in the Schedule. (3) The amounts payable under sub-sections (1) and (2) shall be payable in instalments in accordance with..... View Complete Act List Judgments citing this sectionTitle : Payment of Amount to Caltex Petroleum and Caltex (India)
State : Central
Year : 1977
(1) For the transfer to, and vesting in, the Central Government under section 3 of the shares of Caltex Oil Refining and for the transfer to, and vesting in, the Central Government under section 5 of the right, title and interest of Caltex (India) in relation to its undertakings in India, there shall be paid by the Central Government an aggregate amount of rupees thirteen crores to Caltex Petroleum and Caltex (India) in the proportions agreed to by them. (2) The amount specified in sub-section (1) shall carry interest free of income-tax at the rate of either per cent.per annum from the 1st day of January, 1977, till the date of payment in the manner specified in the Schedule. (3) The amounts payable under sub-sections (1) and (2) shall be payable in instalments in accordance with..... View Complete Act List Judgments citing this sectionTitle : Payment of Amounts
State : Central
Year : 1982
(1)For the transfer to, and vesting in the Central Government, of the shares of the Sikkim Bank under section 3, there shall be given by the Central Government to the holders of such shares in cash and in the manner specified in the Schedule, an amount of rupees eight lakhs twelve thousand two hundred and ninety-five. (2)The amount specified in sub-section (1) shall carry simple interest at the rate of five and a half per cent per annum for the period commencing on the appointed day and ending on the date on which payment of such amount is made to the shareholders. View Complete Act List Judgments citing this sectionTitle : Payment of Amounts
State : Central
Year : 1982
(1)For the transfer to, and vesting in the Central Government, of the shares of the Sikkim Bank under section 3, there shall be given by the Central Government to the holders of such shares in cash and in the manner specified in the Schedule, an amount of rupees eight lakhs twelve thousand two hundred and ninety-five. (2)The amount specified in sub-section (1) shall carry simple interest at the rate of five and a half per cent per annum for the period commencing on the appointed day and ending on the date on which payment of such amount is made to the shareholders. View Complete Act List Judgments citing this sectionTitle : Short Title and Commencement
State : Central
Year : 1960
(1) This Act may be called the Preference Shares (Regulation of Dividends) Act, 1960. (2) It extends to the whole of India: Provided that it shall not apply to the state of Jammu and Kashmir except to the extend to which the provision of this Act relate to the regulation of dividends on preference shares of banking and insurance companies and financial corporations. (3) Notwithstanding anything contained in sub-section (2) the provision of this Act shall, in their application to the Union territory of Pondicherry, have effect subject to the modifications specified in the Schedule. View Complete Act List Judgments citing this sectionTitle : Special Provisions in Relation to Companies Where a Portion of their Income is Not Chargeable to Income-tax
State : Central
Year : 1960
Where any preference share of a company has been issue and subscribed for before the 1st April, 1960, and any portion of the profits and gain of the company in respect of the relevant period is exempt form income-tax under the Income-tax Act, 1961 (43 of 1961), by reason of such portion being agricultural income, then, for the purpose of the increase in the dividend in relation to any such preference share under the provisions of section 3, the increase of thirty per cent or eleven per cent referred to therein shall be taken to be such proportion of the said thirty per cent or eleven per cent, as the case may be, as the total amount of the profits and gain of the company excluding the portion of the profits and gains which is so exempt in respect of the relevant period bears to the..... View Complete Act List Judgments citing this sectionTitle : Payment of Amounts
State : Central
Year : 1984
(1) Every shareholder whose shares in the capital of the Company are transferred to, and vested in, the Central Government under section 3 shall, for such transfer and vesting, be given by that Government, in cash and in the manner specified in section 6, an amount calculated at the rate of rupees ten per share. (2) The amount payable to a shareholder under sub-section (1) shall carry simple interest at the rate of five and a half per cent.per annum for the period commencing on the appointed day and ending on the date on which payment of such amount is made by the Central Government to the shareholder or where such amount has been deposited under sub-section (4) of section 6, on the date on which it is so deposited. View Complete Act List Judgments citing this sectionTitle : Powers of the Central Government to Issue Guidelines
State : Central
Year : 2007
The Central Government shall take all such measures, as it deems fit or expedient, by way of issuing Guidelines for mandatory sharing of broadcasting signals with Prasar Bharati relating to sporting events of national importance: Provided that the Guidelines issued before the promulgation of the Sports Broadcasting Signals (Mandatory Sharing with Prasar Bharati) Ordinance, 2007(Ord.4 of 2007) shall be deemed to have been issued validly under the provisions of this section. View Complete Act List Judgments citing this section