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State Bank of India Subsidiary Banks Act, 1959 Amending Act 2

Title: The State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007

State: Central

Year: 1959

.....An Act further to amend the State Bank of Saurashtra Act, 1950, the State Bank of Hyderabad Act, 1956 and the State Bank of India (Subsidiary Banks) Act, 1959. be it enacted by Parliament in the Fifty-eighth Year of the Republic of India as follows:-- PART I PRELIMINARY 1. Short title and commencement (1) This Act may be called the State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint: Provided that different dates may be appoi'nted for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. CHAPTER II AMENDMENTS TO THE STATE BANK OF SAURASHTRA ACT, 1950 2. Substitution of new section for section 5 For section 5 of the State Bank of Saurashtra Act, 1950 (hereafter in this Chapter referred to as the State Bank of Saurashtra Act), the following section shall be substituted, namely:-- "5. Authorised Capital - (1) Subject to the provisions of this Act, the authorised capital of the Saurashtra Bank shall.....

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State Bank of India Act, 1955 Amending Act 2

Title: The State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007

State: Central

Year: 1955

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State Bank of India (Subsidiary Banks Laws) Amendment Act, 2007 Chapter IV

Title: Amendment to the State Bank of India (Subsidiary Banks) Act, 1959

State: Central

Year: 2007

..... Section 25 - Amendment of section 55 In section 55 of the State Bank of India (Subsidiary Banks) Act, for the words "Banking Companies Act", the words "Banking Regulation Act" shall be substituted. Section 26 - Amendment of section 63 In section 63 of the State Bank of India (Subsidiary Banks) Act,-- (a) for sub-section (1), the following sub-section shall be substituted, namely:-- "(1) The Board of Directors of a subsidiary bank may, after consultation with the State Bank and with the previous approval of the Reserve Bank, by notification in the Official Gazette, make regulations not inconsistent with this Act and the rules made thereunder, to provide for all matters for which provision is necessary or expedient for the purpose of giving effect to the provisions of this Act or any other law for the time being in force;"; (b) in sub-section (2),-- (i) after clause (f), the following clauses shall be inserted, namely:-- "(fa) the procedure for issuing the certificates of shares; (fb) the procedure with respect to increase, whether by public issue or by preferencial allotment or private placement, the issued capital by issue of equity or preference.....

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Multi State Co-operative Societies Act, 1984 [Repealed] Chapter IV

Title: Direction and Management of Multi-state Co-operative Societies

State: Central

Year: 1984

.....society and for the correct preparation, timely submission of periodical statement and returns in accordance with the provisions of this Act, the rules and the bye-laws; (e) Convening meetings of the general body of the multi-State co-operative society, the board and the Executive Committee and other committees or sub-committees constituted under sub-section (1) of section 46-and maintaining proper records for such meetings; (f) Making appointments to posts in the multi-State co-operative society in accordance with the rules made under clause (e) of sub-section (2) of section 42-except the posts in relation to which the powers of appointment vests in the board under clause (d) of that sub-section; (g) Assisting the board in the formulation of policies and objectives and planning; (h) Furnishing to the board periodical information necessary for appraising the operations and functions of the multi-State co-operative society. (i) Performing such other duties, and exercising such other powers, as may be prescribed or as may be specified in the bye-laws of the multi-State co-operative society. Section 46 - Committees of the board (1) The board may, subject to.....

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Multi State Co-operative Societies Act, 1984 [Repealed] Repealing Act 1

Title: Multi-state Co-operative Societies Act, 2002

State: Central

Year: 1984

.....shall apply to-- (a) all co-operative societies, with objects not confined to one State which were incorporated before the commencement of this Act,-- (i) under the Co-operative Societies Act, 1912, 2 OF 1912 or (ii) under any other law relating to co-operative societies in force in any State or in pursuance of the Multi-unit Co-operative Societies Act, 1942, 6 of 1942 or the Multi-State Co-operative Societies Act, 1984, 51 of 1984, and the registration of which has not been cancelled before such commencement; and (b) all multi-State co-operative societies. 3. Definitions In this Act, unless the context otherwise requires,-- (a) "area of operation" means the area from which the persons are admitted as members; (b) "board" means the board of directors or the governing body of a multi-State co-operative society, by whatever name called, to which the direction and control of the management of the affairs of the society is entrusted; (c) "bye-laws" means the bye-laws for the time being in force which have been duly registered or deemed to have been registered under this Act and includes amendments thereto which have been duly registered or deemed to have been.....

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State Financial Corporations Act, 1951 Chapter II

Title: Insorporation of State Financial Corporations, their Capital and Management

State: Central

Year: 1951

..... 4[* **] (f) determine which of the participating State Governments shall exercise the several functions of the State Government under this Act, and references in this Act to the State Government, in relation to the Joint Financial Corporation, shall, save as otherwise expressly provided, be construed accordingly; (g) provide for consultation among the participating States either generally or with reference to particular matters arising under this Act; (h) make such incidental and consequential provisions, not inconsistent with this Act, as may be deemed necessary or expedient for giving effect to the agreement. (3) The Joint Financial Corporation shall be a body corporate by the name notified under Sub-section (1), having perpetual succession and a common seal, with power, subject to the provisions of this Act, to acquire, hold and dispose of property and shall by the said name sue and be sued. (4) Any reference in this Act to "State" in relation to a Joint Financial Corporation established for two or more States, shall be construed as a reference to each such State.] ______________________ 1. Inserted by Act 56 of 1956, section 4 (w.e.f. 1-10-1956). 2......

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Multi-state Co-operative Societies Act, 2002 Chapter II

Title: Central Registrar and Registration of Multi-state Co-operative Societies

State: Central

Year: 2002

.....require. Section 7 - Registration (1) If the Central Registrar is satisfied-- (a) that the application complies with the provisions of this Act and the rules; (b) that the proposed multi-State co-operative society satisfies the basic criterion that its objects are to serve the interests of members in more than one State; (c) that its bye-laws provide for social and economic betterment of its members through self-help and mutual aid in accordance with the co-operative principles; (d) that the proposed bye-laws are not contrary to the provisions of this Act and the rules, he may register the multi-State co-operative society and its bye-laws. (2) The application for registration shall be disposed of by the Central Registrar within a period of four months from the date of receipt thereof by him. (3) Where the Central Registrar refuses to register a multi-State co-operative society, he shall communicate, within a period of four months from the date of receipt of the application for registration, the order of refusal together with the reasons therefor to the applicant or applicants, as the case may be: Provided that no order of refusal shall be made unless the.....

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Multi-state Co-operative Societies Act, 2002 Chapter V

Title: Direction and Management of Multi-state Co-operative Societies

State: Central

Year: 2002

.....for the refusal or failure to convene the special general meeting. Section 41 - Board of directors (1) Subject to the provisions of this Act and rules, there shall be a board of directors for every multi-State co-operative society consisting of such number of members as specified in sub-section (3). (2) The members of a multi-State co-operative society, by a resolution in a general meeting, shall elect directors who shall be members of board. (3) The board shall consist of such number of directors as may be specified in the bye-laws: Provided that the maximum number of directors in no case shall exceed twenty-one: Provided further that the board may co-opt we directors in addition to twenty-one directors specified in the first proviso: Provided also that the functional directors in the national co-operative societies shall also be the members of the board and such members shall be excluded for the purpose of counting the total number of directors specified in the first proviso. Section 42 - Association of employees in management decision making process Every multi-State co-operative society shall devise such procedure, as may be specified in the bye-laws.....

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States Reorganisation Act 1956 Part II

Title: Terriorial Changes and Formation of New States

State: Central

Year: 1956

.....except Alampur and Gadwal taluks, and Bidar district except Ahmadpur, Nilanga and Udgir taluks and the portions specified in clause (d) of sub-section (1) of section 3, in the existing State of Hyderabad. (d) South Kanara district except Kasaragod taluk and Amindivi Islands, and Kollegal taluk of Coimbatore district, in the State of Madras; and (e) the territories of the existing State of Coorg;and thereupon the said territories shall cease to form part of the said existing States of Mysore, Bombay, Hyderabad, Madras and Coorg, respectively. (2) The territory comprised in the existing State of Coorg shall form a separate district to be known as Coorg district and the said Kollegal taluk shall be included in, and become part of, Mysore district, in the new State of Mysore. _________________________ 1 . The word and letter "Part A" were omitted by 1 A.L.O., 1956 (1-11-956). Section 8 - Formation of a new Bombay State (1) As from the appointed day, there shall be formed a new 1[*] State to be known as the State of Bombay comprising the following territories, namely :-- (a) the territories of the existing State of Bombay, excluding-- (i) Bijapur, Dharwar and.....

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States Reorganisation Act 1956 Part VII

Title: Apportionment of Assets and Liabilities of Certain Part a and Part B States

State: Central

Year: 1956

.....for the purpose of raising a public loan and having any of the forms specified in, or prescribed under, clause (2) of section 2 of the Public Debt Act, 1944 Section 83 - Refund of taxes collected in excess The liability of an existing State to refund any tax or duty on property, including land revenue, collected in excess shall be the liability of the successor State in which the property is situated, and the liability of an existing State to refund any other tax or duty collected in excess shall be the liability of the successor State in whose territories the place of assessment of that tax or duly is included. Section 84 - Deposits The liability of an existing State in respect of any civil deposit or local fund deposit shall, as from the appointed day, be the liability of the successor State in whose area the deposit has been made. Section 85 - Provident funds The liability of an existing State in respect of the provident fund account of a Government servant in service on the appointed day shall, as from that day, be the liability of the successor State to which that Government servant is permanently allotted. Section 86 - Pensions The liability of the.....

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