Bare Act Search Results

Chit Funds Act, 1982 Chapter VIII

Title: Termination of Chits

State: Central

Year: 1982

.....the contrary in the chit agreement. Section 41 - Copy of assent or consent to be filed with Registrar A true copy of every assent referred to in section 26 and of every consent referred to in clause (b) of section 40 with their dates shall be filed by the foreman or by the surviving partner or partners, as the case may be, with the Registrar within fourteen days from the date of such assent or consent. Section 42 - Refund of non-prized subscribers's subscriptions Except in the cases referred to in clauses (a) and (b) of section 40,- (a) every non-prized subscriber shall, unless otherwise provided for in this Act or in the chit agreement, be entitled to get back his subscriptions at the termination of the chit without any deduction for dividend, if any, earned by him: Provided that, any person to whom the rights of a non-prized subscriber are transferred in accordance with the provisions of section 35, shall, in addition to his own subscriptions, be entitled to get back the subscriptions paid by such non-prized subscriber, subject to the conditions specified in this section; (b) if a chit terminates on a date earlier than the date originally fixed in the chit.....

Chit Funds Act, 1982 Section 40

Title: Termination of Chits

State: Central

Year: 1982

A chit shall be deemed to have terminated,- (a) when the period specified therefor in the chit agreement has expired provided the payment of dues to all the subscribers has been completed; or (b) when all the non-prized and unpaid prized subscribers and the foreman consent in writing to the termination of the chit and a copy of such consent is filed with the Registrar as required under section 41; or (c) where a foreman dies or becomes of unsound mind or is otherwise incapacitated and the chit is not continued in accordance with the provisions of the chit agreement: Provided that, in a case where the foreman is a firm, if a partner thereof dies or becomes of unsound mind or is otherwise incapacitated, the chit shall not be deemed to have terminated and the surviving partner or partners shall conduct the chit in the absence of any provision to the contrary in the chit agreement.

The Meghalaya Appropriation (No. I) Act, 1982 Complete Act

State: Meghalaya

Year: 1982

.....1982] (Published in the Gazette of Meghalaya, Extraordinary, dated 20th July, 1982) An Act further to amend the Meghalaya Finance (Sales Tax) Act (Assam Act XI of 1956 as adapted and modified by the Meghalaya hereinafter referred to as the principal Act). Be it enacted by the Legislature of Meghalaya in the Thirty-third Year of the Republic of India as follows:- Short title, extent and commencement. 1. (1) This Act may be called the Meghalaya Finance (Sales Tax) (Amendment) Act, 1982. (2) It shall have the like extent as the principal Act. (3) It shall come into force at once. Amendment of the Schedule to the principal Act. 2. In the Schedule to the principal Act,- For the figure and words "10 paise in the rupee" against item 20, the figure and words "12 paise in the rupee" shall be substituted. MEGHALAYA ACT 5 OF 1982 THE MEGHALAYA AMUSEMENTS AND BETTING TAX (AMENDMENT) ACT, 1982 (As passed by the Assembly) [Received the assent of the Governor on the 13th July, 1982] (Published in the Gazette of Meghalaya, Extraordinary, dated 20th July, 1982) An Act further to amend the Meghalaya Amusements and Betting Tax Act (Assam Act VI of 1939 as adapted.....

Chit Funds Act, 1982 Complete Act

State: Central

Year: 1982

..... (a) that the security offered by the foreman under section 20 is insufficient; (b) that the foreman had been convicted of any offence under this Act or under any other Act regulating chit business and sentenced to imprisonment for any such offence; (c) that the foreman had defaulted in the payment of fees or the filing of any statement or record required to be paid or filed under this Act or had violated any of the provisions of this Act or the rules made thereunder; (d) that the foreman had been convicted of any offence involving moral turpitude and sentenced to imprisonment for any such offence unless a period of five years has elapsed since his release: Provided further that before refusing to register a chit under the first proviso, the foreman shall be given a reasonable opportunity of being heard. (3) Every endorsement made under sub-section (2) shall be conclusive evidence that the chit is duly registered under this Act and the registration of a chit shall lapse if the declaration by the foreman under sub-section (1) of section 9-is not filed within three months from the date of such endorsement or within such further period or periods not exceeding three months in.....

The Bihar Buildings (Lease, Rent and Eviction) Control Act, 1982 Complete Act

State: Bihar

Year: 1982

.....of tenants (1) Notwithstanding anything contained in any contract or law to the contrary but subject to the provisions of the Industrial Disputes Act, 1947 (Act XIV of 1947), and to those of Section 18, where a tenant is in possession of any building, he shall not be liable to eviction therefrom except in execution of a decree passed by the Court on one or more of the following grounds,-- (a) for breach of the conditions of the tenancy, or for subletting the building or any portion thereof without the consent of the landlord, or if he is an employee of the landlord occupying the building as an employee, on his ceasing to be in such employment; (b) where the condition of the building has materially deteriorated owing to acts of waste by, or negligence or default of the tenant or of any person residing with the tenant or for whose behaviour the tenant is responsible; (c) where the building is reasonably and in good faith required by the landlord for his own occupation or for the occupation of any person for whose benefit the building is held by the landlord : Provided that where the Court thinks that the reasonable requirement of such occupation may be substantially.....

Finance Act, 1982 Chapter III

Title: Direct Taxes

State: Central

Year: 1982

.....and the rate at which the amount of deduction under sub-section (1) is to be calculated, the Central Government shall have regard to the following factors, namely :- (a) the cost of manufacture or production of such goods or merchandise and prices of similar goods or merchandise in the foreign markets; (b) the need to develop foreign markets for such goods or merchandise; (c) the need to earn foreign exchange; (d) any other relevant factor. (5) The deduction under sub-section (1) for any assessment year shall not exceed ten per cent. of the amount of income-tax otherwise payable by the assessee for that assessment year on the amount of profits and gains derived from the export of such goods or merchandise out of India. Explanation : For the purposes of this sub-section, the amount of income-tax otherwise payable by the assessee for an assessment year on the profits and gains derived from the export of such goods or merchandise out of India shall be - (a) in a case where the total income for that assessment year consists only of such profits and gains, the amount of income-tax chargeable (without any deduction under this section) on the total income; (b) in a case.....

Finance Act, 1982 Section 13

Title: Amendment of Section 80c

State: Central

Year: 1982

In section 80C of the Income-tax Act, with effect from the 1st day of April, 1983, - (a) for sub-section (1), the following sub-section shall be substituted, namely :- "(1) In computing the total income of an assessee, there shall be deducted, in accordance with and subject to the provisions of this section, an amount calculated, with reference to the aggregate of the sums specified in sub-section (2), at the following rates, namely :- (a) where such aggregate does The whole of such aggregate; not exceed Rs. 6,000 (b) where such aggregate exceeds Rs. 6,000 plus 50 per cent. of Rs. 6,000 but does not the amount by which such exceed Rs. 12,000 aggregate exceeds Rs. 6,000; (c) where such aggregate exceeds Rs. 9,000 plus 40 per cent. of Rs. 12,000 the amount by which such aggregate exceeds Rs. 12,000."; (b) in sub-section (2), after clause (g), the following clause shall be inserted, namely :- "(h) where the assessee is an individual or a Hindu undivided family or.....

Chit Funds Act, 1982 Chapter III

Title: Rights and Duties of Foreman

State: Central

Year: 1982

.....shall deposit the prize amount forthwith in a separate account in an approved bank mentioned in the chit agreement and intimate in writing the fact of such deposit and the reasons therefor to the prized subscriber and the Registrar: Provided that where any prized subscriber does not collect the prize amount in respect of any instalment of a chit within a period of two months from the date of the draw, it shall be open to the foreman to hold another draw in respect of such instalment. (3) Every payment of the prize amount or the amount of future subscriptions under sub-section (1), and the deposit of the prize amount under sub-section (2), shall be intimated to the subscribers at the next succeeding draw and the particulars of such payment or deposit shall be entered in the minutes of the proceedings of that draw. (4) The foreman shall not appropriate to himself any amount in excess of what he is entitled to under clause (b) or clause (c) of sub-section (1) of section 21: Provided that where the foreman is himself a prized subscriber, he shall be entitled to appropriate to himself the prize amount subject to his complying with provisions of section 31: Provided.....

State Bank of Sikkim (Acquisition of Shares) and Miscellaneous Provisions Act, 1982 Section 11

Title: Transfer of Service of Existing Officers and Employees of the Sikkim Bank to the Co-operative Bank

State: Central

Year: 1982

.....whether he has so observed such conditions the question shall be determined by the State Government. (3) Notwithstanding anything contained in sub-section (1) or sub-section (2) no appointment made or promotion, increment in salary, pension allowance or any other benefit granted to any person after the 16th day of November 1976, and before the appointed day which would not ordinarily have been made or granted or which would not ordinarily have been admissible under the rules or authorisation of the Sikkim, Bank or of any provident fund or other fund in force prior to the 16th day of November 1976., shall have effect or be payable or claimable from the co-operative bank or from any provident fund, pension or other fund or from any authority administering the fund, unless the State Government has by general or special order, confirmed the appointment promotion or increment or has directed the continued grant of the pension allowance or other benefit as the case may be. (4) Notwithstanding anything contained in the Industrial Disputes Act.1947 (14 of 1947), or in any other law for the time being in force, the transfer of the services of any officer or other employee of the.....

Niramoy Group of Institution Acquisition Act, 1982 Complete Act

State: West Bengal

Year: 1982

.....Acquisition (Amendment) Act, 1991; (c) "notification" means a notification published in the Official Gazette; (d) "prescribed" means prescribed by rules made under this Act. Section 3 Institution to vest in the State Government On and from the appointed day the Institution shall, by virtue of this Act, be transferred to, and vest in, the State Government. Section 4 General effect of vesting (1) The Institution shall be deemed to include all rights, powers, authorities and privileges related to, and properties movable or immovable, cash balances, reserve fund and other assets of, the Institution including lands, buildings, works, machinery, furniture, plants, laboratories, libraries, dispensaries, apparatus, tools, instruments, implements which may be in the ownership, possession, custody or control of the Institution immediately before the appointed day and all books of accounts, registers and all other documents of whatever nature relating thereto. (2) Every deed of gift, endowment, bequest or trust or other documents relating to any property and assets referred to in clause (b) of section 2 or sub-section (1) of this section shall be construed as if it were made or.....