Small Business - Bare Acts

Small Industries Developement Bank of India Act, 1989 Chapter IV

Title: Business of the Small Industries Bank

State: Central

Year: 1989

.....and promissory notes made, drawn, accepted or endorsed by industrial concerns in the small-scale sector or by any person selling products manufactured by an industrial concern in the small-scale sector; (iii) subscribing to, or purchasing stocks, shares bonds or debentures of, any State Financial Corporation, State Industrial Development Corporation, State Small Industries Corporation, National Small Industries Corporation or 2 [such other financial institutions as may be approved by the Board in this behalf]; (iv) granting lines of credit or loans and advances to any State Financial Corporation, State Industrial Development Corporation, State Small Industries Corporation, National Small Industries Corporation or 2 [such other financial institutions as may be approved by the Board in this behalf|; (v) granting loans and advances to any industrial concern in the small-scale sector or subscribing to, or purchasing, or under-writing the issue of stocks, shares, bonds or debentures of, any such concern: Provided that nothing contained in this clause shall be deemed to preclude the Small Industries Bank from granting loans or advances to, or subscribing to the.....

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Small Industries Developement Bank of India Act, 1989 Section 13

Title: Business of Small Industries Bank

State: Central

Year: 1989

.....and promissory notes made, drawn, accepted or endorsed by industrial concerns in the small-scale sector or by any person selling products manufactured by an industrial concern in the small-scale sector; (iii) subscribing to, or purchasing stocks, shares bonds or debentures of, any State Financial Corporation, State Industrial Development Corporation, State Small Industries Corporation, National Small Industries Corporation or 2 [such other financial institutions as may be approved by the Board in this behalf]; (iv) granting lines of credit or loans and advances to any State Financial Corporation, State Industrial Development Corporation, State Small Industries Corporation, National Small Industries Corporation or 2 [such other financial institutions as may be approved by the Board in this behalf|; (v) granting loans and advances to any industrial concern in the small-scale sector or subscribing to, or purchasing, or under-writing the issue of stocks, shares, bonds or debentures of, any such concern: Provided that nothing contained in this clause shall be deemed to preclude the Small Industries Bank from granting loans or advances to, or subscribing to the.....

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Small Industries Developement Bank of India Act, 1989 Chapter VII

Title: Transfer of Part of Business of Development Bank

State: Central

Year: 1989

.....of the Development Bank be continued, prosecuted and enforced by or against the Development Bank and the Small Industries Bank or, if the Central Government by order in writing so directs, by or against such one of them, as may be specified in such order. (5) If any question arises as to whether any contract, deed, bond, agreement, power of attorney, grant of legal representation or other instrument referred to in sub-section (3) or any suit, appeal or other legal proceeding referred to in sub-section (4) relates or relate exclusively to the Funds it shall be referred to the Development Bank for decision and the decision of the Development Bank thereon shall be final. (6) The provisions of this section shall have effect notwithstanding anything contained in the Industrial Development Bank of India Act, 1964 (18 of 1964), or any other law or any instrument having force by virtue of the said Act or other law. ________________________ 1. Vide S.O. 196 (E), dated 7th march, 1990, Published in the Gazette of India, Extra., Pt. II, Sec. 3 (ii), dated 7th March, 1990.

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Small Industries Developement Bank of India Act, 1989 Section 32

Title: Transfer of Part of Business of Development Bank

State: Central

Year: 1989

.....of the Development Bank be continued, prosecuted and enforced by or against the Development Bank and the Small Industries Bank or, if the Central Government by order in writing so directs, by or against such one of them, as may be specified in such order. (5) If any question arises as to whether any contract, deed, bond, agreement, power of attorney, grant of legal representation or other instrument referred to in sub-section (3) or any suit, appeal or other legal proceeding referred to in sub-section (4) relates or relate exclusively to the Funds it shall be referred to the Development Bank for decision and the decision of the Development Bank thereon shall be final. (6) The provisions of this section shall have effect notwithstanding anything contained in the Industrial Development Bank of India Act, 1964 (18 of 1964), or any other law or any instrument having force by virtue of the said Act or other law. ________________________ 1. Vide S.O. 196 (E), dated 7th march, 1990, Published in the Gazette of India, Extra., Pt. II, Sec. 3 (ii), dated 7th March, 1990.

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Small Industries Developement Bank of India Act, 1989 Chapter III

Title: Management of the Small Industries Bank

State: Central

Year: 1989

.....of Directors 1[8. Disqualifications of Directors A person shall not be eligible for being elected as a Director under clause (1) of sub-section (1) of section 6, if he.-- (a) has been found to be of unsound mind by a court of competent jurisdiction and the finding is in force; (b) is an undischarged insolvent; (c) has applied to be adjudicated as an insolvent and his application is pending; (d) has been convicted by a court of competent jurisdiction, of any offence involving moral turpitude and sentenced in respect thereof to imprisonment for not less than six months and a period of five years has not elapsed from the date of expiry of the sentence; or (e) has not paid any call in respect of shares of the Small Industries Bank held by him, whether alone or jointly with others, and six months have elapsed from the last day fixed for the payment of the call. ________________________ 1. Substituted by Act 7 of 2000, sec. 5, for sections 8 and 9 (w.e.f. 27-3-2000). Section 9 - Vacation and resignation of office by Directors (1) The office of a Director shall become vacant if he-- (a) becomes subject to any of the disqualifications mentioned in section.....

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Small Industries Developement Bank of India Act, 1989 Complete Act

Title: Small Industries Developement Bank of India Act, 1989

State: Central

Year: 1989

.....of share capital Section4E - Restriction on exercising of voting right Chapter III Section5 - Management Section6 - Constitution of Board Section7 - Omitted Section8 - Disqualifications of Directors Section9 - Vacation and resignation of office by Directors Section10 - Omitted Section11 - Omitted Section12 - Executive Committee and other Committees Section12A - Fees and allowances of Directors and members of committees Chapter IV Section13 - Business of Small Industries Bank Section14 - Loans by Central Government Section15 - Borrowings and acceptance of deposits by the Small Industries Bank Section16 - Investment Section17 - Power to transfer rights Section18 - Power to acquire rights Section19 - Loans in foreign currency Section20 - Grants, donations, etc., to the Small Industries Bank ChapterIVA - SHARES Section20A - Free transferability of shares Section20B - Register of shareholders Section20C - Trust not to be entered on the register of shareholders Section20D - Board's right to refuse registration of transfer of shares Section20E - Shares to be securities under the Indian Trusts Act, 1882 Chapter IVB Section20F - Annual general meeting .....

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Micro, Small and Medium Enterprises Development Act, 2006 Chapter V

Title: Delayed Payments to Micro and Small Enterprises

State: Central

Year: 2006

.....due For any goods supplied or services rendered by the supplier,the buyer shall be liable to pay the amount with interest thereon as providedunder section 16. Section 18 - Reference to Micro and Small Enterprises Facilitation Council (1) Notwithstanding anything contained in any other law forthe time being in force, any party to a dispute may, with regard to any amountdue under section 17, make a reference to the Micro and Small EnterprisesFacilitation Council. (2) On receipt of a reference under sub-section (1), theCouncil shall either itself conduct conciliation in the matter or seek theassistance of any institution or centre providing alternate dispute resolutionservices by making a reference to such an institution or centre, for conductingconciliation and the provisions of sections 65 to 81 of the Arbitration andConciliation Act, 1996(26 of 1996) shall apply to such a dispute as if theconciliation was initiated under Part III of that Act. (3) Where the conciliation initiated under sub-section (2) isnot successful and stands terminated without any settlement between the parties,the Council shall either itself take up the dispute for arbitration or refer toit any.....

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Provincial Small Cause Courts Act, 1887 Chapter II

Title: Constitution of Courts of Small Causes

State: Central

Year: 1887

.....a document the construction of which may affect the merits, they shall draw up and refer, for the decision of the High Court, a statement of the facts of the case and of the point on which they differ in opinion, and the provisions of [See now ss.113 and 115 and the First Schedule, Order XLVI, of the Code of Civil procedure, 1908 (Act 5 of 1908)] Chapter XLVI of the Code of Civil Procedure (14 of 1882) shall apply to the reference. (2) If they differ on any matter other than a matter specified in sub-section (1), the opinion of the Judge who is senior in respect of date of appointment as Judge of a Court of Small Causes, or, if one of them is an Additional Judge, then the opinion of the Judge sitting with him, shall prevail. (3) For the purposes of sub-section (2), a Judge permanently appointed shall be deemed to be senior to an officiating Judge. [This section has been amended in its application to the Bombay Presidency by the Provincial Small Cause Courts (Bombay Amendment) Act, 1930 (Bom.6 of 1930), s.2.] Section 12 - Registrar [Subs. by the A.O.1937 for the original sub-section which read: "(1) The L.G. may appoint to a Court of Small Causes an officer to be.....

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Small Coins ( Offences ) Act, 1971 Section 3

Title: Prohibition on Melting or Destruction of Small Coins

State: Central

Year: 1971

.....coins of a person, due regard shall be had to-- (i) his total daily requirements of small coins, (ii) the nature of his business, occupation or profession, (iii) the mode of his acquisition of small coins, and (iv) the manner in which, and the place at which, such small coins are being possessed, held or controlled by him. (2) Whoever is found to be in the possession of any metal, which contains alloys in the same proportions in which they have been used in the manufacture of any small coin, shall be presumed, until the contrary is proved, to have contravened the provisions of sub-section (1). (3) Nothing contained in sub-section (1) or sub-section (2) shall apply to the mint.

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Presidency Small Cause Courts Act, 1882 Complete Act

Title: Presidency Small Cause Courts Act, 1882

State: Central

Year: 1882

Preamble1 - PRESIDENCY SMALL CAUSE COURTS ACT, 1882 Chapter I Section1 - PRELIMINARY Section2 - [Repealed] Section3 - [Repealed] Section4 - Small Cause Court and Registrar defined Chapter II Section5 - Courts of Small Causes established Section6 - Court to be deemed under superintendence, etc., of High Court Section7 - Appointment of Judges Section8 - Rank and precedence of Judges Section8A - Performance of duties of absent Judge Section9 - Procedure and practice of Small Cause Court Section10 - Chief Judge to distribute business of Court Section11 - Procedure in case of difference of opinion Section12 - Seal to be used Section13 - Appointment of Registrar and other officers Section14 - Registrar may be invested with powers of a Judge in suits not exceeding twenty rupees Section15 - Judge or other officer not to practise or trade Chapter III Section16 - Questions arising in suits, etc., under Act to be decided according to law administered by High Court Chapter IV Section17 - Local limits of jurisdiction of Court Section18 - Suits in which Court has jurisdiction Section18A - Plaintiff may abandon suit against defendant resident out of jurisdiction Section19 -.....

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