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Start Free TrialAir Corporations Act, 1953 Complete Act
State: Central
Year: 1953
.....with either of the Corporations. SECTION 09: CORPORATIONS TO ACT ON BUSINESS PRINCIPLES - In carrying out any of duties vested in it by this Act, each of the Corporations shall act so far as may be on business principles. CHAPTER 03: FINANCE, ACCOUNTS AND AUDIT SECTION 10: CAPITAL OF THE CORPORATIONS - (1) All non-recurring expenditure incurred by the Central Government for, or in connection with, each of the Corporations up to the date of establishment of that Corporation and declared to be capital expenditure by that Government, shall be treated as capital provided by the Central Government to that Corporation. (2) The Central Government may provide any further capital that may be required by either of the Corporations for the carrying on of the business of the Corporation or for any purpose connected therewith on such terms and conditions as the Central Government may determine. (3) Each of the Corporations may, with the consent of the Central Government, or in accordance with the terms of any general authority given to it by the Central Government- (a) borrow money for all or any of the purposes of the Corporation, and (b) secure the payment of any money.....
List Judgments citing this sectionTea Act, 1953 Complete Act
State: Central
Year: 1953
.....25--. (d) "Customs-collector" means a Customs collector as defined in clause (c) of section 3 of the Sea Customs Act, 1878 for the purposes of that Act, or of that Act as applied to the import and export of goods by air or a Collector of Land Customs as defined in clause (c) of section 2 of the Land Customs Act, 1924 as the case may be; (e) "dealer" means a dealer in tea; (f) "export" means to take out of India by land, sea or air to any place outside India other than a country or territory notified in this behalf by the Central Government by notification in the Official Gazette: (g) "export allotment" means the total quantity of tea which may be exported during any one financial year, (h) "Fund" means the Tea Fund referred to in section 27- (i) "manufacturer" means a manufacturer of tea; (j) "member" means a member of the Board, (k) "owner"- (i) with reference to a tea estate or garden or a sub-division thereof the possession of which has been transferred by lease, mortgage or otherwise, means the transferee so long as his right to possession subsists; and (ii) with reference to a tea estate or a garden or a sub-division for which an agent is employed, means the agent if and in.....
List Judgments citing this sectionWest Bengal Estates Acquisition Act, 1953 Complete Act
State: West Bengal
Year: 1953
.....West Bengal except the areas described in Schedule I of the Calcutta Municipal Act. 1951, as deemed to have been amended under section 594 of that Act. Section 2 Definitions In this Act unless there is anything repugnant in the subject or context, (a) "agricultural year" means the Bengali year Commencing on the first day of Baisakh; (b) "agricultural land" means land ordinarily used for purposes of agriculture or horticulture and includes such land, notwithstanding that it may be lying fallow for the time being; (c) "charitable purpose" includes the relief of the poor, medical relief or the advancement of education or of any other object of general public utility; (d) "Collector" means the Collector of a district or any other officer appointed by the State Government to discharge any of the functions of the Collector under this Act; (e) "date of vesting" means the date mentioned in the notification under sub-section (1) of section 4; (f) "estate" or "tenure" includes part of an estate or part of a tenure; 22. Words subs, for the words "an officer not below the rank of by W.B. Act 17 of 1960. * ***** (g) "homestead" means a dwelling house together with any courtyard,.....
List Judgments citing this sectionTea Act, 1953 Section 18
Title: Tea or Tea Seed for Export to Be Covered by Licence or Permit
State: Central
Year: 1953
(1) No consignment of tea or tea seed shall be shipped or waterborne to be shipped for export or shall be exported until the owner has delivered the Customs collector a valid export licence or special export licence or a valid permit issued by or on behalf of the Board or the Central Government, as the case may be covering the quantity to be shipped. (2) No consignment of tea or tea seed shall be shipped or waterborne to be shipped for carriage (or shall be taken by land or air) to any of the1[* * *] Portuguese Settlements bounded by India until the owner has delivered to the Customs collector a permit issued by or on behalf of the Board covering the quantity to be shipped. (3) No permit for the passage of any tea or tea seed by land into any of the1[* * *] Portuguese Settlement bounded by India shall be granted under sub-section (1) of section 5 of the Land Customs Act, 1924 unless the application for such permit is accompanied by a permit granted in this behalf by the Board covering the quantity to be passed. ________________________ 1. The words "Franch or" were omitted by 3 A.L.O., 1956 (w.r.e.f. 1-11-1956).
View Complete Act List Judgments citing this sectionAir Corporations Act, 1953 [Repealed] Chapter IV
Title: Acquisition of Undertakings of Existing Air Companies
State: Central
Year: 1953
.....in respect of which an application is made is a transaction to which this section applies, then, unless the Tribunal is also satisfied that the transaction was a proper transaction made in the ordinary course of business regard being had to the circumstances at the time and was not in any way connected with any provision made by this Act or with any anticipation of the making of any such provision, the Tribunal shall make such order against any of the parties to the application as the Tribunal thinks just having regard to the extent to which those parties were respectively responsible for the transaction or benefited from it and all the circumstances of the case. (4) Where an application is made to the Tribunal under this Section in respect of any transaction and the application is determined in favour of the Corporation the Tribunal shall have exclusive jurisdiction to determine any claims outstanding in respect of the transaction. ________________________ 1. Substituted for the words "six months" by the Air Corporations (Amdt.) Act, 1954 (10 of 1954), S. 4 (w.r.e.f. 30-1-1954). Section 25 - Compensation to be given for compulsory acquisition of undertaking (1) Where.....
View Complete Act List Judgments citing this sectionAir Corporations Act, 1953 [Repealed] Section 29
Title: Authorisation Under Section 28 May Contain Certain Directions
State: Central
Year: 1953
Any authorisation granted under section 28 may include a direction requiring an existing air company the voluntary winding up of which has been authorised under that section to distribute its net assets among the various classes of members of the company in such proportion as the Central Government may, having regard to the amount subscribed by each class of such members or having regard to the circumstances relating to the issue of the shares to the various classes of members, specify in the direction, and any such direction shall have effect notwithstanding anything contained in the Indian Companies Act, 1913 or in the articles of association or resolution of the company or in any agreement, and every such company shall be bound to comply with any such direction.
View Complete Act List Judgments citing this sectionAir Corporations Act, 1953 [Repealed] Chapter VI
Title: Control of Central Government
State: Central
Year: 1953
.....year, then the Central Government shall reimburse the Corporation to the extent of the loss relatable to the operation of that particular service or activity. Section 35 - Prior approval of Central Government necessary in certain cases Neither Corporation shall, without the previous approval of the Central Government-- (a) undertake any capital expenditure for the purchase or acquisition of any immovable property or aircraft or any other thing at a cost exceeding1[such amount as the Central Government may, from time to time, by order, fix in this behalf.] (b) enter into a lease of any immovable property for a period exceeding2[ten years] or (c) in any manner dispose of any property, right or privilege having an original or book value exceeding1[such amount as the Central Government may, from time to time, by order, fix in this behalf]. ________________________ 1. Substituted for the word s "rupees forty lakhs" in cl. (a) and the words "rupees ten lakhs" in cl. (c) by the Air Corporations (Amdt.) Act (24 of 1982). S. 2(i) and (ii) (21-5-1982). 2. Substituted for the words "five years" by the Air Corporations (Amdt.) Act (49 of 1971), S. 8. (1-2-1972). Section 36.....
View Complete Act List Judgments citing this sectionAir Corporations Act, 1953 [Repealed] Section 34
Title: Power of Central Government to Give Directions
State: Central
Year: 1953
.....which it is operating or carrying on; (c) not to undertake any activity which it proposes to do ; Provided that, if, at the direction of the Central Government, the Corporation establishes, alters or continues to maintain an air transport service or other activity and satisfies the Central Government that during the relevant financial year the Corporation has suffered an over-all loss in respect of the operation of all its air transport services and of all its other activities and also that the service or activity so established, altered or continued to be maintained in complaint with the directions of the Central Government as aforesaid has been operated at a loss in any financial year, then the Central Government shall reimburse the Corporation to the extent of the loss relatable to the operation of that particular service or activity.
View Complete Act List Judgments citing this sectionAir Corporations Act, 1953 [Repealed] Repealing Act 1
Title: Air Corporations (Transfer of Undertakings and Repeal) Act, 1994
State: Central
Year: 1953
.....of this Act, the Central Government may, by order published in the Official Gazette, not inconsistent with the provisions of this Act, remove the difficulty: Provided that no such order shall be made after the expiry of a period of two years from the coming into force of this Act. (2) Every order made under sub-section (1) shall be laid before each House of Parliament. 11. Repeal of Act 27 of 1953 and cessation of corporations (1) On the appointed day, the Air Corporations Act, 1953 shall stand repealed. (2) The corporations shall, with the repeal of the Air Corporations Act, 1953, cease to exit. 12. Repeal and saving (1) The Air Corporations (Transfer of Undertakings and Repeal) Ordinance, 1994 (Ordinance 4 of 1994) is hereby repealed. (2) Notwithstanding such repeal of the Air Corporations (Transfer of Undertakings and Repeal) Ordinance, 1994 (Ordinance 4 of 1994), anything done or any action taken under the said Ordinance shall be deemed to have been done or taken under the corresponding provisions of this Act.
View Complete Act List Judgments citing this sectionTea Act, 1953 Section 17
Title: Control of Export of Tea and Tea Seed
State: Central
Year: 1953
(1) No tea shall be exported unless covered by a licence issued by or on behalf of the Board. (2) No tea seed shall be exported unless covered by a permit issued by or on behalf of the Central Government. (3) No tea or tea seed shall be taken by land, sea or air out of any State to any of the1[* * *] Portuguese Settlements bounded by India, unless covered by a permit issued by or on behalf of the Board. ________________________ 1. The words "Franch or" were omitted by 3 A.L.O., 1956 (w.r.e.f. 1-11-1956).
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