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The Arbitration And Conciliation (Amendment) Act, 2015 Complete Act

State: Central

Year: 2015

.....2015 THE ARBITRATION AND CONCILIATION (AMENDMENT) ACT, 2015 NO. 3 OF 2016 [31st December, 2015.] An Act to amend the Arbitration and Conciliation Act, 1996. BE it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows: Short title and commencement. 1. (1) This Act may be called the Arbitration and Conciliation (Amendment) Act, 2015. (2) It shall be deemed to have come into force on the 23rd October, 2015. Amendment of section 2. 2. In the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the principal Act), in section 2, (I) in sub-section (1), (A) for clause (e), the following clause shall be substituted, namely: (e) Court means (i) in the case of an arbitration other than international commercial arbitration, the principal Civil Court of original jurisdiction in a district, and includes the High Court in exercise of its ordinary original civil jurisdiction, having jurisdiction to decide the questions forming the subject-matter of the arbitration if the same had been the subject-matter of a suit, but does not include any Civil Court of a grade inferior to such principal Civil Court, or any Court of Small Causes; (ii) in the.....

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Companies (Amendment) Act, 2015 Complete Act

State: Central

Year: 2015

.....be omitted; (ii) in clause (71), in sub-clause (b), the words of five lakh rupees or such higher paid-up capital, shall be omitted. Amendment of section 9. 3. In section 9 of the principal Act, the words and a common seal shall be omitted. Omission of section 11 4. Section 11 of the principal Act, shall be omitted. Amendment of section 12. 5. In section 12 of the principal Act, in sub-section (3), for clause (b), the following clause shall be substituted, namely: (b) have its name engraved in legible characters on its seal, if any; . Amendment of section 22 6. In section 22 of the principal Act, (i) in sub-section (2), (a) for the words under its common seal , the words under its common seal, if any, shall be substituted; (b) the following proviso shall be inserted, namely: Provided that in case a company does not have a common seal, the authorisation under this sub-section shall be made by two directors or by a director and the Company Secretary, wherever the company has appointed a Company Secretary. ; (ii) in sub-section (3), the words and have the effect as if it were made under its common seal shall be omitted. Amendment of section 46 7. In section 46 of the.....

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The Warehousing Corporations (Amendment) Act, 2015 Complete Act

State: Central

Year: 2015

.....Warehousing Corporation shall be deemed to be 2 of 1882 (a) included among other securities enumerated in section 20 of the Indian Trusts Act, 1882; and 4 of 1938. 10 of 1949 (b) the approved securities for the purposes of the Insurance Act, 1938 and the Banking Regulation Act, 1949.". Amendment of section 27. 3. In the principal Act, in section 27, for sub-section (4), the following sub-section shall be substituted, namely: (4) The bonds and debentures of a State Warehousing Corporation may be guaranteed by the appropriate Government on the recommendation of the Board of Directors of the State Warehousing Corporation at the time such bonds or debentures are issued. . Amendment of section 30 4. In the principal Act, in section 30, in sub-section (2), the proviso shall be omitted. Amendment of section 31 5. In the principal Act, in section 31, in sub-section (8), the proviso shall be omitted. Amendment of section 39 6. In the principal Act, in section 39, both the provisos shall be omitted.

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The Commercial Courts, Commercial Division &Amp; Commercial Appellate Division Of High Courts Act, 2015 Complete Act

State: Central

Year: 2015

.....APPELLATE DIVISION OF HIGH COURTS ACT, 2015 THE COMMERCIAL COURTS, COMMERCIAL DIVISION & COMMERCIAL APPELLATE DIVISION OF HIGH COURTS ACT, 2015 NO. 4 OF 2016 An Act to provide for the constitution of Commercial Courts, Commercial Division and Commercial Appellate Division in the High Courts for adjudicating commercial disputes of specified value and matters connected therewith or incidental thereto. Be it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows: CHAPTER I PRELIMINARY Short title, extent and commencement. 1. (1) This Act may be called the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015. (2) It extends to the whole of India except the State of Jammu and Kashmir. (3) It shall be deemed to have come into force on the 23rd day of October, 2015. Definitions. 2. (1) In this Act, unless the context otherwise requires, (a) Commercial Appellate Division means the Commercial Appellate Division in a High Court constituted under sub-section (1) of section 5; (b) Commercial Court means the Commercial Court constituted under sub-section (1) of section 3; (c) commercial dispute .....

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The Karnataka Stamp (Amendment) Act, 2015 Complete Act

State: Karnataka

Year: 2015

.....property, whichever is higher . (8) in article 32A,- (i) in column 2, after the words Security Deposit the words or for carrying on manufacture, trade, business or profession shall be inserted. (ii) in clause (ii), in column 3, after the words money advanced the words, subject to a minimum of rupees fifty , shall be inserted. (iii) in clause (iii), in column 3, after the words, money advanced the words, subject to a minimum of rupees one hundred , shall be inserted. (iv) in clause (v), in column 3, after the words, money advanced the words, subject to a minimum of rupees two hundred , shall be inserted. (v) in clause (v), in column 3, after the words, money advanced the words, subject to a minimum of rupees three hundred , shall be inserted. (9) in article 34, for clause (d) and entries relating thereto excluding exemption, the following shall be substituted, namely,- (d) for hypothecation of movable property, If the loan or debt is repayable on demand (i) where the loan amount does not exceeds rupees ten lakhs rupees ten for every rupees ten thousands or part thereof (ii) when the loan amount exceeds rupees ten lakhs rupees.....

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Maharashtra Unaided Private Professional Educational Institutions (Regulation Of Admissions And Fees) Act, 2015 Complete Act

State: Maharashtra

Year: 2015

.....OF ADMISSIONS AND FEES) ACT, 2015 MAHARASHTRA UNAIDED PRIVATE PROFESSIONAL EDUCATIONAL INSTITUTIONS (REGULATION OF ADMISSIONS AND FEES) ACT, 2015 MAHARASHTRA ACT No. XXVIII OF 2015. (First published, after having received the assent of the Governor in the Maharashtra Government Gazette , on the 17th August 2015). An Act to provide for regulation of admissions and fees by Unaided Private Professional Educational Institutions in the State of Maharashtra and for matters connected therewith or incidental thereto. WHEREAS both Houses of the State Legislature were not in session; AND WHEREAS the Governor of Maharashtra was satisfied that circumstances existed which rendered it necessary for him to take immediate action to provide for regulation of admissions and fees by Unaided Private Professional Educational Institutions in the State of Maharashtra and for matters connected therewith or incidental thereto ; and, therefore, promulgated the Maharashtra Unaided Private Professional Educational Institutions (Regulation of Admissions and Fees) Ordinance, 2015 on the 12th May 2015 ; AND WHEREAS it is expedient to replace the said Ordinance, by an Act of the State.....

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Mit Art, Design And Technology University Act, 2015 Complete Act

State: Maharashtra

Year: 2015

MIT ART, DESIGN AND TECHNOLOGY UNIVERSITY ACT, 2015 MIT ART, DESIGN AND TECHNOLOGY UNIVERSITY ACT, 2015 MAHARASHTRA ACT No. XXXIX OF 2015. (First published, after having received the assent of the Governor in the Maharashtra Government Gazette, on the 21 st August 2015). An Act to provide for establishment, incorporation and regulation of MIT Art, Design and Technology University, Pune, for the development and advancement of higher education in the State and to provide for matters connected therewith and incidental thereto. WHEREAS it is expedient to provide for establishment, incorporation and regulation of the MIT Art, Design and Technology University, Pune for the development and advancement of higher education in the State and to provide for matters connected therewith and incidental thereto, for the purposes hereinafter appearing ; it is hereby enacted in the Sixty-sixth Year of the Republic of India as follows : Short title and commencement. 1. (1) This Act may be called the MIT Art, Design and Technology University Act, 2015. (2) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint. Definitions. 2. In.....

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Sandip University Act, 2015 Complete Act

State: Maharashtra

Year: 2015

SANDIP UNIVERSITY ACT, 2015 SANDIP UNIVERSITY ACT, 2015 MAHARASHTRA ACT No. XXXVIII OF 2015. (First published, after having received the assent of the Governor in the Maharashtra Government Gazette , on the 21st August 2015). An Act to provide for establishment, incorporation and regulation of Sandip University, Nashik, for the development and advancement of higher education in the State and to provide for matters connected therewith and incidental thereto. WHEREAS it is expedient to provide for establishment, incorporation and regulation of the Sandip University, Nashik for the development and advancement of higher education in the State and to provide for matters connected therewith and incidental thereto, for the purposes hereinafter appearing ; it is hereby enacted in the Sixty-sixth Year of the Republic of India as follows : Short title and commencement 1. (1) This Act may be called the Sandip University Act, 2015. (2) It shall come into force on such date as the State Government may, by notification in the Official Gazette, appoint. Definition 2. In this Act, unless the context otherwise requires, (a) Board of Management means the Board of Management constituted.....

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The Delhi Appropriation (Vote On Account) Act, 2014 Complete Act

State: Central

Year: 2014

.....months of the financial year 2014-15. BE it enacted by Parliament in the Sixty-fifth Year of the Republic of India as follows: Short title. 1. This Act may be called the Delhi Appropriation (Vote on Account) Act, 2014. Withdrawal of Rs.18033,00,00,000 from and out of the Consolidated Fund of the National Capital Territory of Delhi for the financial year 2014-15. 2. From and out of the Consolidated Fund of the National Capital Territory of Delhi there may be withdrawn sums not exceeding those specified in column 3 of the Schedule amounting in the aggregate to the sum of eighteen thousand and thirty-three crores of rupees towards defraying the several charges which will come in course of payment during the financial year 2014-15 in respect of the services specified in column 2 of the Schedule. Appropriation. 3. The sums authorised to be withdrawn from and out of the Consolidated Fund of the National Capital Territory of Delhi by this Act shall be appropriated for the services and purposes expressed in the Schedule in relation to the said year. THE SCHEDULE (See sections 2 and 3) 1 2 3 No. of Vote/ Appropriation Services and purposes Sums not.....

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The Delhi Appropriation Act, 2014 Complete Act

State: Central

Year: 2014

.....respect of the financial year 2013-14. BE it enacted by Parliament in the Sixty-fifth Year of the Republic of India as follows: Short title. 1. This Act may be called the Delhi Appropriation Act, 2014. Issue of Rs. 363,05,64,000 from and out of the Consolidated Fund of the National Capital Territory of Delhi for the financial year 2013-14. 2. From and out of the Consolidated Fund of the National Capital Territory of Delhi, there may be paid and applied further sums not exceeding those specified in column 3 of the Schedule, amounting in the aggregate to the sum of three hundred sixty-three crores five lakh and sixty-four thousand rupees towards defraying the several charges which will come in course of payment during the financial year 2013-14, in respect of the services specified in column 2 of the Schedule. Appropriation. 3. The sums authorised to be paid and applied from and out of the Consolidated Fund of the National Capital Territory of Delhi by this Act shall be appropriated for the services and purposes expressed in the Schedule in relation to the said year. THE SCHEDULE (See sections 2 and 3) 1 2 3 No. of Vote/ Appropriation Services and purposes Voted.....

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