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Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012, (Central) Section 5

Title: Amendment of Section 13

State: Central

Year: 2012

.....in this behalf, to bid for the immovable property on behalf of the secured creditor at any subsequent sale. (5B) Where the secured creditor, referred to in sub-section (5A) is declared to be the purchaser of the immovable property at any subsequent sale, the amount of the purchase price shall be adjusted towards the amount of the claim of the secured creditor for which the auction of enforcement of security interest is taken by the secured creditor, under sub-section (4) of section 13. (5C) The provisions of section 9 of the Banking Regulation Act, 1949(10 of 1949) shall, as far as may be, apply to the immovable property acquired by secured creditor under sub-section (5A).". (c) in the opening portion of sub-section (9), and in the Explanation thereto, for the word "three-fourth", occurring at both the places, the words "sixty per cent." shall be substituted.

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Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012 Complete Act

State: Central

Year: 2012

.....or satisfaction thereof, the order shall not prejudice any rights acquired in respect of the property concerned or financial asset before the transaction is actually registered.". 10. Substitution of new Section for Section 30." For Section 30 of the principal Act, the following Section shall be substituted, namely" "30. Cognizance of offences."( 1 ) No court shall take cognizance of any offence punishable under Section 27 in relation to non-compliance with the provisions of Section 23, Section 24 or Section 25 or under Section 28 or Section 29 or any other provisions of the Act, except upon a complaint in writing made by an officer of the Central Registry or an officer of the Reserve Bank, generally or specially authorised in writing in this behalf by the Central Registrar or, as the case may be, the Reserve Bank. ( 2 ) No court inferior to that of a Metropolitan Magistrate or a Judicial Magistrate of the first class shall try any offence punishable under this Act.". 11. Insertion of new Section 31-A." After Section 31.....

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The Uttarakhand Water Tax on Electricity Generation Act, 2012 Complete Act

State: Uttarakhand

Year: 2012

THE UTTARAKHAND WATER TAX ON ELECTRICITY GENERATION ACT, 2012 THE UTTARAKHAND WATER TAX ON ELECTRICITY GENERATION ACT, 2012 [Act No. 09 of 2013] [25th January, 2013] PREAMBLE In pursuance of the provisions of Clause (3) of Article 348 of the Constitution of India, the Governor is pleased to order the publication of the following English translation of 'The Uttarakhand Water Tax On Electricity Generation Act, 2012' (Adhiniyam Sankhya 09 of 2013). To levy water tax on electricity generation in the State of Uttarakhand An Act Be it enacted in the Sixty-third Year of the Republic of India by the Uttarakhand State Legislative Assembly as follows:- Section 1 - Short Title, Extent and Commencement (1) This Act may be called the Uttarakhand Water Tax on Electricity Generation Act, 2012. (2) It extends to the whole State of Uttarakhand. (3) It shall come into force from such date as the State Government may by notification in the Gazette appoint. (4) The provisions of this Act shall have effect notwithstanding anything inconsistent contained in any other law for the time being in force. Section 2 - Definitions In these rules, unless there is anything repugnant in the subject or.....

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