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Sick Industrial Companies (Special Provisions) Repeal Act, 2003, (Central) Complete Act

Title: Sick Industrial Companies (Special Provisions) Repeal Act, 2003, (Central)

State: Central

Year: 2003

Preamble1 - SICK INDUSTRIAL COMPANIES (SPECIAL PROVISIONS) REPEAL ACT, 2003 Section1 - Short title and commencement Section2 - Definitions Section3 - Repeal of Act 1 of 1986 and dissolution of Appellate Authority and Board Section4 - Consequential provisions Section5 - Saving Section6 - Power to make rules

Sick Industrial Companies (Special Provisions) Repeal Act, 2003, (Central) Preamble 1

Title: Sick Industrial Companies (Special Provisions) Repeal Act, 2003

State: Central

Year: 2003

The Sick Industrial Companies (Special Provisions) Repeal Act, 2003 [Act, No. 1 of 2004] [1st January, 2004] PREAMBLE An Act to repeal the Sick Industrial Companies (Special Provisions) Act, 1985. be it enacted by Parliament in the Fifty-fourth Year of the Republic of India as follows:--

Sick Industrial Companies (Special Provisions) Repeal Act, 2003 Complete Act

State: Central

Year: 2003

SICK INDUSTRIAL COMPANIES (SPECIAL PROVISIONS) REPEAL ACT, 2003 SICK INDUSTRIAL COMPANIES (SPECIAL PROVISIONS) REPEAL ACT, 2003 An Act to repeal the Sick Industrial Companies (Special Provi sions) Act, 1985. Be it enacted by Parliament in the Fifty-fourth Year of the Republic of India as Follows: SECTION 01: SHORT TITLE AND COMMENCEMENT (1) This Act may be called the Sick Industrial Companies (Special Provisions) Repeal Act, 2003. (2) It shall come into force on such date as the Central Govern ment may, by notification in the Official Gazette, appoint. SECTION 02: DEFINITIONS In this Act, unless the context otherwise requires," (a) "Appellate Authority" means the Appellate Authority for Industrial and Financial Reconstruction constituted under section 5 of the Sick Industrial Companies (Special Provisions) Act, 1985 (1 of 1986); (b) "Board" means the Board for Industrial and Financial Reconstruction established under section 4 of the Sick Industrial Companies (Special Provisions) Act, 1985 (1 of 1986); (c) words and expressions used herein and not defined but defined in the Sick Industrial Companies (Special Provisions) Act, 1985 (1 of 1986), shall have the.....

Sick Industrial Companies (Special Provisions) Repeal Act, 2003, (Central) Section 2

Title: Definitions

State: Central

Year: 2003

In this Act, unless the context otherwise requires,-- (a) "Appellate Authority" means the Appellate Authority for Industrial and Financial Reconstruction constituted under section 5 of the Sick Industrial Companies (Special Provisions) Act, 1985(1 of 1986); (b) "Board" means the Board for Industrial and Financial Reconstruction established under section 4 of the Sick Industrial Companies (Special Provisions) Act, 1985(1 of 1986); (c) words and expressions used herein and not defined but defined in the Sick Industrial Companies (Special Provisions) Act, 1985(1 of 1986), shall have the meanings respectively assigned to them in that Act.

Sick Industrial Companies (Special Provisions) Repeal Act, 2003, (Central) Section 1

Title: Short Title and Commencement

State: Central

Year: 2003

(1) This Act may be called the Sick Industrial Companies (Special Provisions) Repeal Act, 2003. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Sick Industrial Companies (Special Provisions) Repeal Act, 2003, (Central) Section 3

Title: Repeal of Act 1 of 1986 and Dissolution of Appellate Authority and Board

State: Central

Year: 2003

The Sick Industrial Companies (Special Provisions) Act, 1985 (hereinafter referred to as the repealed enactment) is hereby repealed and the Appellate Authority and the Board stand dissolved.

Sick Industrial Companies (Special Provisions) Repeal Act, 2003, (Central) Section 4

Title: Consequential Provisions

State: Central

Year: 2003

.....stand abated under this clause: Provided also that any scheme sanctioned under sub-section (4) or any scheme under implementation under sub-section (12) of section 18 of the repealed enactment shall be deemed to be a scheme sanctioned or under implementation under section 424D of the Companies Act, 1956(1 of 1956) and shall be dealt with in accordance with the provisions contained in PART VIA of that Act; (c) the balance of all monies (including any fee) received by, or advanced to the Appellate Authority or the Board, as the case may be, and not spent by it before the commencement of this Act shall, on the commencement of this Act, stand transferred to, and vest in, the Central Government and shall be utilised for the purposes of clauses (e) and (f); (d) all property of whatever kind owned by, or vested in, the Appellate Authority or the Board, as the case may be, and not spent by it before the commencement of this Act shall, on the commencement of this Act, stand transferred to, and shall vest in the Central Government; (e) all liabilities and obligations of whatever kind incurred by the Appellate Authority or the Board and subsisting immediately before the.....

Sick Industrial Companies (Special Provisions) Repeal Act, 2003, (Central) Section 5

Title: Saving

State: Central

Year: 2003

.....or procedure, or existing usage, custom, privilege, restriction, exemption, office or appointment, notwithstanding that the same respectively may have been in any manner affirmed or recognised or derived by, in, or from, the repealed enactment; (h) revive or restore any jurisdiction, office, custom, liability, right, title, privilege, restriction, exemption, usage, practice, procedure or other matter or thing not now existing or in force. (2) Save as otherwise provided in section 4 and in sub-section (1) of this section, the mention of particular matters in the said section and sub-section shall not be held to prejudice or affect the general application of section 6 of the General Clauses Act, 1897(10 of 1897), with regard to the effect of repeal.

Sick Industrial Companies (Special Provisions) Repeal Act, 2003, (Central) Section 6

Title: Power to Make Rules

State: Central

Year: 2003

.....welfare or other fund of officers and employees on their transfer to the Central Government, shall be dealt with by that Government under the fourth proviso to clause (a) of section 4; (b) any other matter which is to be, or may be, prescribed, or in respect of which provision is to be made, by rules. (3) Every rule made under this Act shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.

The Rajasthan Value Added Sales Tax Act, 2003 Complete Act

State: Rajasthan

Year: 2003

.....or horticultural produce, grown by himself or grown on any land in which he has an interest as owner or tenant as defined in the Rajasthan Tenancy Act, 1955 (Act No. 3 of 1955), shall not be deemed to be a dealer in respect of such sales within the meaning of this clause ; (12) "Deputy Commissioner (Administration)" "Assistant Commissioner", "Commercial Taxes Officer", "Assistant Commercial Taxes Officer" or "Junior Commercial Taxes Officer" means the person holding office with that designation under the State Government ; (13) "Exempted goods" means any goods exempted from tax in accordance with the provisions of this Act ; (14) "firm", "partner" and "partnership" shall have the meanings respectively assigned to them in the Indian Partnership Act, 1932 (Central Act No. 9 of 1932) ; (15) "goods" means all kinds of movable property, whether tangible or intangible, other than newspapers, money, actionable claims, stocks, shares and securities, and includes materials, articles and commodities used in any form in the execution of works contract, livestock and all other things attached to or forming part of the land which is agreed to be severed before sales or under the.....