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Start Free TrialFinance Act 2001 Section 107
Title: Amendment of Section 112
State: Central
Year: 2001
In section 112 of the Customs Act,- (a) in clause (i), for the words "not exceeding five times the value of the goods or one thousand rupees,", the words "not exceeding the value of the goods or five thousand rupees," shall be substituted; (b) in clause (ii), for the words "not exceeding five times the duty sought to be evaded on such goods or one thousand rupees,", the words "not exceeding the duty sought to be evaded on such goods or five thousand rupees," shall be substituted; (c) in clause (iii), for the words "not exceeding five times the difference between the declared value and the value thereof or one thousand rupees,", the words "not exceeding the difference between the declared value and the value thereof or five thousand rupees," shall be substituted; (d) in clause (iv), for the words "not exceeding five times the value of the goods or five times the difference between the declared value and the value thereof or one thousand rupees,", the words "not exceeding the value of the goods or the difference between the declared value and the value thereof or five thousand rupees," shall be substituted; (e) in clause (v), for the words "not exceeding five times the.....
View Complete Act List Judgments citing this sectionAdvocates Welfare Fund Act, 2001 Chapter III
Title: Establishment of Trustee Committee
State: Central
Year: 2001
.....of Fund The Fund shall vest in, and be held and applied by, the Trustee Committee subject to the provisions, and for the purposes, of this Act. Section 11 - Functions of Trustee Committee (1) Subject to the provisions of this Act and any other law for the time being in force, the Trustee Committee shall administer the Fund. (2) Without prejudice to the generality of the provisions contained in sub-section (7), the Trustee Committee shall-- (a) hold the amounts and assets belonging to the Fund in trust; (b) receive applications for admission or re-admission as members to the Fund, and dispose of such applications within ninety days from the date of receipt thereof; (c) receive applications from the members of the Fund, their nominees or legal heirs, as the case may be, for payment out of the Fund, conduct such enquiry as it deems necessary and dispose of the applications within five months from the date of receipt thereof; (d) record in the minutes book of the Trustee Committee, its decisions on the applications; (e) pay to the members of the Fund or their nominees or legal heirs, as the case may be, the amounts at the rates specified in Schedule I; (f).....
View Complete Act List Judgments citing this sectionProtection of Plant Varieties and Farmers-rights Act, 2001 Chapter X
Title: Infringement, Offences, Penalties and Procedure
State: Central
Year: 2001
.....74 - No offence in certain cases The provisions of this Act relating to offences shall be subject to the right created as recognised by this Act and no act or omission shall be deemed to be an offence under the provisions of this Act if such act or omission is permissible under this Act. Section 75 - Exemption of certain persons employed in ordinary course of business Where a person accused of an offence under this Act proves that in the ordinary course of his employment, he has acted without any intention to commit the offence and having taken all reasonable precautions against committing the offence charged, he had, at the time of the commission of the alleged offence, no reason to suspect the genuineness of the act so charged as an offence and on demand made by or on behalf of the prosecutor, he gave all the information in his possession with respect to the persons on whose behalf the offence was committed, he shall be acquitted. Section 76 - Procedure where invalidity of registration is pleaded by the accused (1) Where the offence charged under this Act is in relation to a variety or its propagating material or essentially derived variety or its propagating.....
View Complete Act List Judgments citing this sectionFinance Act 2001 Section 114
Title: Validation of Certain Action Taken
State: Central
Year: 2001
..... (b) no suit or other proceedings shall be maintained or continued in any court, tribunal or other authority for any action taken or anything done or omitted to be done, in respect of any goods under any of such rule, regulation, notification or order, and no enforcement shall be made by any court, of any decree or order relating to such action taken or anything done or omitted to be done as if the amendment made by section 107 of the Finance Act, 2001 had been in force at all material times; (c) recovery shall be made of all such amounts of duty or interest or penalty or fine or other charges which have not been collected or, as the case may be, which have been refunded, as if the amendment made by section 107 of the Finance Act, 2001 had been in force at all material times. Explanation- For the removal of doubts, it is hereby declared that no act or omission on the part of any person shall be punishable as an offence which would not have been so punishable if this section had not come into force.
View Complete Act List Judgments citing this sectionAdvocates Welfare Fund Act, 2001 Section 12
Title: Borrowing and Investment
State: Central
Year: 2001
(1) The Trustee Committee may, with the prior approval of the appropriate Government and the State Bar Council, borrow, from time to time, any sum required for carrying out the purposes of this Act. (2) The Trustee Committee shall deposit all monies and receipts forming part of the Fund in any scheduled bank or invest the same in debt instruments of any corporation owned or controlled by the appropriate Government or in loans floated by the appropriate Government or in any other manner as the State Bar Council may, from time to time, direct with the prior approval of the appropriate Government. (3) All amounts due and payable under this Act and all expenditure relating to the management and administration of the Fund shall be paid out of the Fund.
View Complete Act List Judgments citing this sectionADVOCATES WELFARE FUND ACT, 2001 Chapter V
Title: MEMBERSHIP AND PAYMENT OUT OF ADVOCATES' WELFARE FUND
State: Central
Year: 2001
.....ninety days of the passing of any order by it under the provisions of this Act, review such order, if it was passed under any mistake, whether of fact or of law or in ignorance of any material fact: Provided that the Trustee Committee shall not pass any order under this section adversely affecting any person unless such person has been given an opportunity of being heard. Section 21 - Payment of amount on cessation of practice (1) Every advocate who has been amember of the Fund for a period of not less than five years shall, on his cessation of practice, be paid an amount at the rate specified in Schedule I: Provided that where the Trustee Committee is satisfied that a member of the Fund ceases to practice within a period of five years from the date of his admission as a member of such Fund as a result of any permanent disability, the Trustee Committee may pay such member an amount at the rate specified in Schedule I. (2) Where a member of the Fund dies before receiving the amount payable under subsection (1), his nominee or legal heir, as the case may be, shall be paid the amount payable to the deceased member of the Fund. Section 22 - Restriction on alienation,.....
View Complete Act List Judgments citing this sectionFinance Act 2001 Section 49
Title: Substitution of New Sections for Section 92
State: Central
Year: 2001
.....length price of such benefit, service or facility, as the case may be. 92A. Meaning of associated enterprise.- (1) For the purposes of this section and sections 92, 92B, 92C, 92D, 92E and 92F, "associated enterprise", in relation to another enterprise, means an enterprise- (a) which participates, directly or indirectly, or through one or more intermediaries, in the management or control or capital of the other enterprise; or (b) in respect of which one or more persons who participate, directly or indirectly, or through one or more intermediaries, in its management or control or capital, are the same persons who participate, directly or indirectly, or through one or more intermediaries, in the management or control or capital of the other enterprise. (2) Two enterprises shall be deemed to be associated enterprises if, at any time during the previous year,- (a) one enterprise holds, directly or indirectly, shares carrying not less than twenty-six per cent. of the voting. power in the other enterprise ; or (b) any person or enterprise holds, directly or indirectly, shares carrying not less than twenty-six per cent. of the voting power in each of such enterprises;.....
View Complete Act List Judgments citing this sectionFinance Act 2001 Section 64
Title: Amendment of Section 153
State: Central
Year: 2001
.....Notwithstanding anything contained in sub-sections (1) and (2), in relation to the assessment year commencing on the 1st day of April, 1971, and any subsequent assessment year, an order of fresh assessment in pursuance of an order under section 250, section 254, section 263 or section 264, setting aside or canceling an assessment, may be made at any time before the expiry of one year from the end of the financial year in which the order under section 250 or section 254 is received by the Chief Commissioner or Commissioner or, as the case may be, the order under section 263 or section 264 is passed by the Chief Commissioner or Commissioner : Provided that where the order under section 250 or section 254 is received by the Chief Commissioner or Commissioner or, as the case may be, the order under section 263 or section 264 is passed by the Chief Commissioner or Commissioner, on or after the 1st day of April, 1999 but before the 1st day of April, 2000, such an order of fresh assessment maybe made at any time up to the 31st day of March, 2002." ; (c) in sub-section (3), clause (i) shall be omitted,
View Complete Act List Judgments citing this sectionFinance Act 2001 Section 108
Title: Amendment of Section 114
State: Central
Year: 2001
In section 114 of the Customs Act,- (a) in clause (i), for the words "not exceeding five times the value of the goods or one thousand rupees,", the words "not exceeding the value of the goods or five thousand rupees," shall be substituted; (b) in clause (ii), for the words "not exceeding five times the duty sought to be evaded on such goods or one thousand rupees,", the words "not exceeding the duty sought to be evaded or five thousand rupees," shall be substituted; (c) in clause (iii), for the words "not exceeding five times the amount of drawback claimed or one thousand rupees,", the words "not exceeding the amount of drawback claimed or five thousand rupees," shall be substituted.
View Complete Act List Judgments citing this sectionAdvocates Welfare Fund Act, 2001 Chapter IV
Title: Recognition of Any Association of Advocates
State: Central
Year: 2001
.....an association, apply for recognition to the State Bar Council in such form as may be prescribed. (3) Every application for recognition under sub-section (1) or sub-section (2) shall be accompanied by,-- (a) a copy of the rules or bye-laws of the association; (b) names and addresses of office bearers of the association; (c) a list of members of the association containing the name, address, age, enrolment number and date of enrolment with the State Bar Council and the ordinary place of practice of each member. (4) The State Bar Council may, after such enquiry as it deems necessary, recognise the association and issue a certificate of recognition in such form as may be prescribed. (5) The decision of the State Bar Council on any matter regarding recognition of an association under sub-section (4) shall be final. Explanation.--In this section, "registered" means registered or deemed to be registered under the Societies Registration Act, 1860 (21 of 1860) or any other law for the time being in force. Section 17 - Duties of State Bar Associations and State Advocates' Associations (1) Every State Bar Association and State Advocates' Association shall, on or before.....
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