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Sale of Goods Act, 1930 Section 11

Title: Stipulations as to Time

State: Central

Year: 1930

Unless a different intention appears from the terms of the contract, stipulations as to time of payment are not deemed to be of the essence of a contract of sale. Whether any other stipulation as to time is of the essence of the contract or not depends on the terms of the contract.

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Sale of Goods Act, 1930 Section 63

Title: Reasonable Time a Question of Fact

State: Central

Year: 1930

Where in this Act any reference is made to a reasonable time, the question what is a reasonable time is a question of fact.

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Sale of Goods Act, 1930 Complete Act

State: Central

Year: 1930

.....identified and agreed upon at the time a contract of sale is made; and (15) expressions used but not defined in this Act and defined in the Contract Act, 1872, have the meanings assigned to them in that Act. Section 3 Application of provisions of Act 9 of 1872 The unrepealed provisions of the Contract Act, 1872, save insofar as they are inconsistent with the express provisions of this Act, shall continue to apply to contracts for the sale of goods. CHAPTER 2 FORMATION OF THE CONTRACT Section 4 Sale and agreement to sell (1) A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another. (2) A contract of sale may be absolute or conditional. (3) Where under a contract of sale the property in the goods is transferred from the seller to the buyer, the contract is called a sale, but where the transfer of the property in the goods is to take place at a future time or subject to some condition thereafter to be fulfilled, the contract is called an agreement to sell. (4) An agreement to sell becomes a sale when the time elapses or.....

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Sale of Goods Act, 1930 Chapter III

Title: Effects of the Contract

State: Central

Year: 1930

.....contract When the seller of goods has obtained possession thereof under a contract voidable under section 19 or section 19A of the Indian Contract Act, 1872 (9 of 1872), but the contract has not been rescinded at the time of the sale, the buyer acquires a good title to the goods, provided he buys them in good faith and without notice of the seller's defect of title. Section 30 - Seller or buyer in possession after sale (1) Where a person, having sold goods, continues or is in possession of the goods or of the documents of title to the goods, the delivery or transfer by that person or by a mercantile agent acting for him of the goods or documents of title under any sale, pledge or other disposition thereof to any person receiving the same in good faith and without notice of the previous sale shall have the same effect as if the person making the delivery or transfer were expressly authorised by the owner of the goods to make the same. (2) Where a person, having bought or agreed to buy goods, obtains with the consent of the seller, possession of the goods or the documents of title to the goods, the delivery or transfer by that person or by a mercantile agent acting for.....

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Sale of Goods Act, 1930 Chapter II

Title: Formation of the Contract

State: Central

Year: 1930

.....are fulfilled subject to which the property in the goods is to be transferred. Section 5 - Contract of sale how made Formalities of the contract (1) A contract of sale is made by an offer to buy or sell goods for a price and the acceptance of such offer. The contract may provide for the immediate delivery of the goods or immediate payment of the price or both, or for the delivery or payment by instalments, or that the delivery or payment or both shall be postponed. (2) Subject to the provisions of any law for the time being in force, a contract of sale may be made in writing or by word of mouth, or partly in writing and partly by word of mouth or may be implied from the conduct of the parties. Section 6 to 8 - Subject-matter of contract Section 6 - Existing or future goods (1) The goods which form the subject of a contract of sale may be either existing goods, owned or possessed by the seller, or future goods. (2) There may be a contract for the sale of goods the acquisition of which by the seller depends upon a contingency which may or may not happen. (3) Where by a contract of sale the seller purports to effect a present sale of future goods, the contract.....

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Dangerous Drugs Act, 1930 Complete Act

State: Central

Year: 1930

.....from Government factories for export or to32[State Governments] or to manufacturing chemists. SECTION 06: CONTROL OF CENTRAL GOVERNMENT OVER MANUFACTURE OF MANUFACTURED DRUGS (1) No one shall manufacture any manufactured drug, other than prepared opium, save in accordance with rules made under sub-section (2) and with the conditions of any licence-for that purpose which he may be required to obtain under those rules. (2) The33[Central Government] may make rules34permitting and regulating the manufacture of manufactured drugs, other than prepared opium, and such rules may prescribe the form and conditions of licences for such manufacture, the authorities by which such licences may be granted and the fees that may be charged therefor, and any other matter requisite to render effective the control of the33[Central Government] over such manufacture. (3) Nothing in this section shall apply to the manufacture of medicinal opium or of preparations containing morphine, diacetylmorphine or cocaine from materials which the maker is lawfully entitled to possess. SECTION 07: CONTROL OF CENTRAL GOVERNMENT OVER OPERATIONS AT LAND AND SEA FRONTIERS (1) No one shall" (a) import.....

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Hindu Gains of Learning Act, 1930 Complete Act

State: Central

Year: 1930

.....demoralising influence upon his character by inducing him to have recourse to dishonest subterfuges like benami transactions. Likewise, the present rule is not favourable to the growth of self-reliance among the dependent members of the family. In a rich family, it offers a premium to extravagance, idleness and perpetual discord. Its injustice is manifestly galling. Take, e.g., a case in which a father has three sons and incurs the same expenditure on their education. He sends them all to England to be educated for the 1.C.S. One is successful, the other two fail. Of the two who fail, one takes to trade, the other is unwilling to do any work and remains idle. The trader earns a large fortune, which the present law allows him to keep to himself, because his education in England was for the Civil Service and not for trade. But, out of the earnings of the Civilian, two shares are claimed, one by the trader and the other by the brother who has been idle. The trader keeps his own earnings and also takes a share of the Civilian's earnings. Take again a case in which three brothers are given by their father the same education for the same profession and at the same cost. Though they.....

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The Assam Local Funds (Accounts and Audit) Act, 1930 Complete Act

State: Assam

Year: 1930

THE ASSAM LOCAL FUNDS (ACCOUNTS AND AUDIT) ACT, 1930 THE ASSAM LOCAL FUNDS (ACCOUNTS AND AUDIT) ACT, 1930 [Assam Act II of 1930] [Published in the Assam Gazette, of the 2nd July, 1991.] PREAMBLE An Act to make better provision for the audit and safeguarding of local funds in Assam. WHEREAS it is expedient to make better provision for the audit and safeguarding of local funds in Assam; And WHEREAS the previous sanction of the Governor General under sub-section (3) of Section 80A of the Government of India Act has been obtained to the passing of this Act. It is hereby enacted as follows.-- Section 1 - Short title and extent (1) This Act may be called the Assam Local Funds (Accounts and Audit) Act, 1930. (2) It extends to the Whole of Assam. Section 2 - Definition In this Act, unless there be anything repugnant in the subject or context.-- (1) "Auditor" means an auditor appointed under this Act; (2) "Examiner of Local Accounts" means a person appointed as such under this Act and includes any person for the time being performing the duties of an Examiner of Local Accounts; (3) "Local Accounts" or "accounts of a local authority" means the.....

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The Bombay Local Fund Audit Act 1930 Complete Act

State: Maharashtra

Year: 1930

THE BOMBAY LOCAL FUND AUDIT ACT 1930 THE BOMBAY LOCAL FUND AUDIT ACT 1930 Bombay Act No. XXV of l931 17th September 1930 Adapted and modified by the Adaptation Laws of Indian laws Order in council Amended by Bom. 12 of 1949 8 of 1950. Adapted and modified by the Adaptation of Laws Order, 195O Amended by Bom. 9 of 1955. Adapted and modified by the Bombay Adaptation of Law (State and Concurrent Subjects) Order, 1956. Adapted and modified by the Mabarashtra Laws (State and, Concurrent Subjects) Order, Amended by Mah. 3 of 1961. 5 of 1962. 35 of1963. 25 of 1968. 40 of 1971. 39 of 1977. An Act to provide for and regulate the audit of the local funds under the management or control of certain local authorities in the 3[State of Maharashtra except Greater Bombay. Whereas it is expedient to provide for and regulate the audit of the local funds under the management or control of certain local authorities in the 1[State of Maharashtra except Greater Bombay in manner hereinafter appearing; . 2 xx x x 1. These words were substituted for the words "Bombay Presidency except Greater Bombay" by Mah. 3 of 1961, Ss. 3 and 4. 2. The portion beginning with "And whereas" and ending.....

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The Punjab Regulation of Accounts Act, 1930 Complete Act

State: Punjab

Year: 1930

.....property, whether movable or immoveable, and shall include a wholesale or a retail merchant, a commission agent, a broker, a manufacturer, a contractor, a factory owner, but shall not include a person who sells his own agricultural produce or cattle, or buys agricultural produce or cattle for his own use. 3. Duty of creditor to maintain and furnish accounts,-(1) A creditor shall in order to comply with the provisions of this Act- (a) regularly record and maintain an account for each debtor separately, of all transactions relating to any loan advanced to that debtor, in such manner as the 1[State] Government may prescribe; (b) furnish each debtor every six months with a legible statement of account signed by the creditor or his agent of any balance or amount that may be outstanding against such debtor on the 30th day of June or 15th. Har and the 31st day of December or 15th Poh in each year, This statement of account shall include all transactions relating to the loan entered into during the six months to which the statement relates, and shall be sent, in such manner and in such form and containing such details as the 1[ State] Government may prescribe, on or before the 31st.....

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