Bare Act Search Results

State Financial Corporations Act, 1951 Section 25

Title: Business Which Financial Corporation May Transact

State: Central

Year: 1951

.....promissory notes and bills of exchange made, down, accepted or endorsed by industrial concerns or by any person selling capital goods manufactured by one industrial concern to another industrial concern; (j) undertaking research and surveys for evaluating or dealing with marketing or investments or undertaking and carrying on techno-economic studies or other activities in connection with the development of any industry; (k) providing technical and administrative assistance to any industrial concern or any person for the promotion, management or expansion of any industry; (l) planning and assisting in the promotion and development of industries; (m) providing consultancy and merchant banking services; (n) acting as the trustee for the holders of debentures or other securities; (o) leasing, sub-leasing or giving on hire or hire-purchase of industrial plant, equipment, machinery or any other asset; (p) factoring; (q) providing export related credit and services; (r) undertaking money market related activities; (s) setting up of mutual funds and undertaking asset management activity; (t) promoting, forming or conducting or assisting in the promotion,.....

Displaced Persons Debts Adjustment Act, 1951 Section 49

Title: Past Transactions Not to Be Affected

State: Central

Year: 1951

(1) If before the commencement of this Act a displaced debtor has satisfied or discharged any of his liabilities in any manner whatsoever, such transactions shall not be affected by anything contained in this Act. (2) Where the Tribunal has determined the amount due in respect of any debt in accordance with the provisions of this Act, any payments (including payments by way of interest) made by the displaced debtor towards the debt prior to such determination shall be adjusted towards the amount so determined: Provided that no creditor shall be called upon to refund any amount paid to him if it is found that it is in excess of the amount determined as being due to him under this Act.

Displaced Persons (Debts Adjustment) Act, 1951 Section 49

Title: Past Transactions Not to Be Affected

State: Central

Year: 1951

(1) If before the commencement of this Act a displaced debtor has satisfied or discharged any of his liabilities in any manner whatsoever, such transactions shall not be affected by anything contained in this Act. (2) Where the Tribunal has determined the amount due in respect of any debt in accordance with the provisions of this Act, any payments (including payments by way of interest) made by the displaced debtor towards the debt prior to such determination shall be adjusted towards the amount so determined: Provided that no creditor shall be called upon to refund any amount paid to him if it is found that it is in excess of the amount determined as being due to him under this Act.

State Financial Corporations Act, 1951 Chapter III

Title: Powers and Duties of the Board

State: Central

Year: 1951

.....endorsement or in any other manner: Provided that such loan or advance or amount relates to any business which the Financial Corporation may transact under this Act.] ______________________ 1. Inserted by Act 43 of 1985, section 16 (w.e.f. 21-8-1985). Section 25B - Gifts, grants etc. 1[25B. Gifts, grants etc The Financial Corporation may receive gifts, grants, donations or benefactions from Government or any other source.] ______________________ 1. Inserted by Act, 39 of 2000, section 18 (w.e.f. 5-9-2000). Section 26 - Limit of accommodation 1[26. Limit of accommodation On and from the commencement of the State Financial Corporations (Amendment) Act, 2000, the Financial Corporation shall not enter into any arrangements under Clause (a), (d) or (h) of Sub-section (1) of Section 25 with any industrial concern so that the total amount outstanding against that concern in respect of all such arrangements together with the amount of the face value of the shares and stocks of that concern whether subscribed or agreed to be subscribed and the outstanding liabilities on account of underwriting agreements and the deferred payments guarantees is more than-- (i) five.....

Industries (Development and Regulation) Act, 1951 Complete Act

State: Central

Year: 1951

.....SECTION 09: IMPOSITION OF CESS ON SCHEDULED INDUSTRIES IN CERTAIN CASES (1) There may be levied and collected as a cess for the purposes of this Act on all goods manufactured or produced in any such scheduled industry as may be specified in this behalf by the Central Government by notified order a duty of excise at such rate as may be specified in the notified order, and different rates may be specified for different goods or different classes of goods: Provided that no such rate shall in any case exceed 13 paise per cent of the value of the goods. (2) The cess shall be payable at such intervals, within such time and in such manner as may be prescribed, and any rules made in this behalf may provide for the grant of a rebate for prompt payment of the cess. (3) The said cess may be recovered in the same manner as an arrear of land revenue. (4) The Central Government may hand over the proceeds of the cess collected under this section in respect of the goods manufactured or produced by any scheduled industry or group of scheduled industries to the Development Council established for that industry or group of industries, and where it does so, the Development Council shall utilise.....

The Madras Hindu Religious and Charitable Endowments Act, 1951[1] Complete Act

State: Tamil Nadu

Year: 1951

THE MADRAS HINDU RELIGIOUS AND CHARITABLE ENDOWMENTS ACT, 1951[1] THE MADRAS HINDU RELIGIOUS AND CHARITABLE ENDOWMENTS ACT, 1951 [1] MADRAS ACT No. XIX OF 1951 An Act to provide for the btter administration and governance of Hindu Religious and Charitable Institutions and Endowments in the State of Madras Whereas it is expedient to amend and consolidate the law relating to the administration and governance of Hindu religious and Charitable Institutions and Endowments in the State of Madras; It is hereby enacted as follows:- CHAPTER I PRELIMINARY 1. Short title, extent, application and commencement.-(1) This Act may be called the Madras Hindu Religious and Charitable Endowments Act, 1951. (2) It extends to the whole of the State of Madras and applies to all Hindu public religious institutions and endowments, including the Tirumalai Tirupati Devasthanams and the endowments thereof. Explanation.-In this sub-section, Hindu public religious institutions and endowments do not include Jain religious institutions and endowments. (3) It shall come into force on such date as the Government may, by notification in the Fort St. George Gazette appoint. 2. Power to.....

The Orissa Hindu Religious Endowments Act, 1951 Complete Act

State: Orissa

Year: 1951

THE ORISSA HINDU RELIGIOUS ENDOWMENTS ACT, 1951 THE ORISSA HINDU RELIGIOUS ENDOWMENTS ACT, 1951 [Published vide Orissa Act 11 of 1952. For Statement of Objects and Reasons, see Orissa Gazette Ext./10-3-1951, p. 49; and for Report of Select Committee, see ibid, 17-9-1951, pp. 1-10, and for proceedings in the Assembly, see Proceedings of the Orissa Legislative Assembly, Vol. XIV, No. 23, pp. 8-11.] PREAMBLE An Act to provide for the better administration and governance of Hindu religious institutions and endowments in the State of Orissa Whereas it is expedient to amend and consolidate the law relating the administration and governance of Hindu religious institutions and endowments in the State of Orissa; It is hereby enacted as follows: Section 1 - Short title, extent, application and commencement (1) This Act may be called the Orissa Hindu Religious Endowments Act, 1951. (2) It extends to the whole of the State of Orissa and applies to all Hindu public religious institutions and endowments. Explanation I-In this sub-section Hindu public religious institutions and endowments do not include Jain or Buddhist public religious institutions and endowments but include Sikh.....

Displaced Persons (Debts Adjustment) Act,1951 Complete Act

State: Central

Year: 1951

.....the Indian Companies Act, 1913, and includes a company deemed to be registered under that Act by reason of any of the provisions contained in this Act: (2) "Companies Act" means the Indian Companies Act, 1913; (3) "compensation" means any compensation paid, whether in cash or in kind, in respect of any immovable property in West Pakistan belonging to a displaced person under any general scheme arrived at in this behalf between the Government of India and the Government of Pakistan or framed by the Government of India; (4) "co-operative society" means a co-operative society registered under the Co-operative Societies Act, 1912or under any other law for the time being in force in any State for the registration of cooperative societies; (5) "Co-operative Societies Act" meansthe Co-operative Societies Act, 1912, and includes any other law for the time being in force in any State relating to co-operative societies; (6) "debt" means any pecuniary liability, whether payable presently or in future, or under a decree or order of a Civil or Revenue Court or otherwise, or whether ascertained or to be ascertained, which - (a) in the case of displaced person who has left or been displaced.....

The Orissa Estates Abolition Act, 1951 Complete Act

State: Orissa

Year: 1951

.....minor or of unsound mind or an idiot, his guardian, Committee or other legal curator shall be deemed to be an Intermediary for the purposes of this Act. All acts done by an Intermediary under this Act shall be deemed to have been done by his heirs and successors-in-interest and shall be binding on them]; 2[(hh) ˜Intermediary interest' means an estate or any rights or interest therein held or owned by or vested in an Intermediary and any reference to ˜estate' in this Act shall be construed as including a reference to ˜Intermediary Interest' also]; (i) "Homestead" means a dwelling house used by the Intermediary for the purposes of his own residence or for the purposes of letting out on rent together with any Courtyard, compound, garden, orchard and out-buildings attached thereto and includes any tank, library and place of worship appertaining to such dwelling house but does not include any building comprised in such estate and used primarily as office or kutchery for the administration of the estate on and from the 1st day of January, 1946. (j) "Khas possession" used with reference to the possession of an Intermediary of any land used for agricultural or.....

The Evacuee Interest (Separation) Act, 1951 Complete Act

State: Haryana

Year: 1951

.....defined in this Act and defined in the Administration of Evacuee Property Act, 1950 (XXXI of 1950), shall have the meanings assigned to them in that Act. 3. Act to over ride other laws. Save as otherwise expressely provided in this Act, the provisions of this Act and of the rules and orders made thereunder shall have effect notwithstanding any thing inconsistent therewith contained in any other law for the time being in force or in any instrument having effect by virtue of any such law. CHAPTER II Separation of Evacuee Interest in Composite Property 4. Power to appoint competent officers. (1) The State Government may, with the ap proval of the Central Government, by notification in the Official Gazette, appoint as many competent officers as may be necessary for the purpose of performing the func tions assigned to them by or under this Act, and a compe tent officer may perform his functions in such local area or areas as may be specified in the notification. (2) No person shall be qualified to be appointed as a competent officer under this Act unless he has held a judi cial office for at least five years, or has been an advocate or a pleader for at least seven.....