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State Bank of India Act, 1955 Section 33

Title: Other Business Which the State Bank May Transact

State: Central

Year: 1955

1[33. Other business which the State Bank may transact Subject to the other provisions contained in this Act, the State Bank may carry on and transact the business of banking as defined in Cl. (b) of Section 5 of the Banking Regulation Act, 1949 (10 of 1949) and may engage in one or more of the other forms of business specified in sub-section (1) of Section 6 of that Act.] ___________________ 1. Substituted by Act 48 of 1973, Section 12, (w.e.f. 1st March, 1977).

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The Insolvency Act, 1955 Complete Act

State: Kerala

Year: 1955

THE INSOLVENCY ACT, 1955 ACT II OF 1956 THE INSOLVENCY ACT, 1955 1 An Act to consolidate and amend the law relating to insolvency. Preamble .-Whereas it is expedient to consolidate and amend the law relating to insolvency; Be it enacted in the Sixth Year of the Republic of India as follows:- 1. Short title extent and commencement .-(1) This Act may be called the 2 [********] insolvency Act, 1955. 3 [ "(2) It extends to the whole of the State of Kerala"] (2) It shall come into force on such date as the Government may, by notification in the Gazette, appoint. 4 2. Definitions .-(1) In this Act, unless the context otherwise requires, (a) "Collector" means the Chief Officer in charge of the revenue administration of the district and includes an acting or officiating Collector and also any officer appointed by the Government to exercise the functions of the Collector; (b) "creditor" includes a decree-holder, "debt" includes a judgment-debt, and "debtor" includes a judgment-debtor; (c) "District Court" means the principal Civil Court of original jurisdiction; (d) "prescribed" means prescribed by rules made under this Act; (e) .....

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State Bank of India Act, 1955 Chapter 6

Title: Business of the State Bank

State: Central

Year: 1955

.....Cl. (b) of Section 5 of the Banking Regulation Act, 1949 (10 of 1949) and may engage in one or more of the other forms of business specified in sub-section (1) of Section 6 of that Act.] ___________________ 1. Substituted by Act 48 of 1973, Section 12, (w.e.f. 1st March, 1977). Section 34 - Business which the State Bank may not transact 1[(1) to (5) * * *]. (6) Save as otherwise provided in2[this Act] the State Bank shall not own or; acquire any3[* * *] immovable property except for the purpose of providing buildings or other accomodation in which to carry on the business of the State Bank or for providing residences for its officers and other employees : Provided that if any such building or other accommodation is not immediately required for any of the purposes of the State Bank, the State Bank may utilize it to the best advantage by letting it out or in any other manner. ___________________ 1. Sub-sections (1), (2), (3) (4) and (5) omitted by Act 48 of 1973, Section 13 (w.e.f. 1st March, 1977). 2. Substituted by Act 56 of 1962, Section 2, for the words, "Section 33" (w.e.f. 14th December, 1962). 3. The words, "interest in " omitted by Act 56 of 1962,.....

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West Bengal Land Reforms Act, 1955 Complete Act

State: West Bengal

Year: 1955

.....of his own interest therein, but does not include the right of the bargadar to cultivate the land of the holding; 1010. Clause (7) subs. by W.B. Act Act 50 of 1981, which was earlier as under: "(7) "land" means agricultural land other than land comprised in a tea- garden which is retained under sub-section (3) of section 6 of the West Bengal Estates Acquisition Act, 1953, and includes home-steads but does not include tank. Explanation: "Homestead" shall have the same meaning as in the West Bengal Estates Acquisition Act, 1953.'. (7) "land" means land of every description and includes tank, tank-fishery, fishery, homestead, or land used for the purpose of livestock breeding, poultry farming, dairy or land comprised in tea garden, mill, factory, workshop, orchard, hat, bazar, ferries, tolls or land having any other sairati interests and any other land together with all interests, and benefits arising out of land and things attached to the earth or permanently fastened to anything attached to earth; (8) "Personal cultivation" means cultivation by a person of his own land on his own account (a) by his own labour, or (b) by the labour of any member of his family, or (c) by.....

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State Bank of India Act, 1955 Chapter 5

Title: Management

State: Central

Year: 1955

.....for the words "All directions given by the Central Government shall be given through the Reserve Bank" by the State Bank of India (Amendment) Act, 2007 [Act No. 32 of 2007] Section 19 - Composition of the Central Board 1[* * *] The Central Board shall consist of the following, namely : (a) a Chairman and a Vice-Chairman to be appointed by the Central Government in consultation with the Reserve Bank2[* * *]. (b) not more than two managing directors, if any, appointed3[by the Central Government in consultation with the Reserve Bank]; 4[(bb) the Presidents of the Local Boards appointed under sub-section (5) of Section 21, ex officio; (c) if the total amount of the holdings of the shareholders, other than the 8[Central Government], whose names are on the5[register of shareholders] three months before the date fixed for election of directors is-- (i) not more than ten per cent. of the total issued capital, two directors, (ii) more than ten per cent. but not more than twenty-five per cent. of such capital, three directors, and (iii) more than twenty-five per cent. of such capital, four directors, to be elected in the prescribed manner by such shareholders; .....

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State Bank of India Act, 1955 Chapter 8

Title: Miscellaneous

State: Central

Year: 1955

.....on the ground merely of the existence of any vacancy or defect in the Constitution of the Board or Committee, as the case may be. (2) All acts done by any person acting in good faith as a director or as a member of a Local Board or of a Local Committee shall, notwithstanding that there was some defect in his appointment or qualifications, be as valid as if he was a director of the Central Board or a member of the Local Board or the Local Committee, as the case may be. Section 48 - Power to remove difficulties [Repealed] [Rep. by the State Bank of India (Amendment) Act, 1964 (35 of 1964), Section 15 (w.e.f. 1st December, 1964).] Section 49 - Power of Central Government to make rules (1) The Central Government, in consultation with the Reserve Bank, may, by notification in the Official Gazette,1[make rules to provide for all matters for which provision is necessary or expedient for the purpose of giving effect to the provisions of this Act. (2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for-- (a) the procedure for the payment of compensation under this Act; (b) the determination of persons to whom.....

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State Bank of India Act, 1955 Section 50

Title: Power of Central Board to Make Regulations

State: Central

Year: 1955

.....66 of 1988, Section 17 (w.e.f. 30th December, 1988). 2.Substituted by Act No. 3 of 1994, Section 20 (w.e.f. 15th October, 1993). 3.Inserted by Act 3 of 1994, Section 20 (w.e.f. 15th October, 1993). 4.Substituted by Act 3 of 1994, Section 20 (w.e.f. 15th October, 1993). 5.Substituted by Act 35 of 1964, Section 16 (w.e.f. 1st December, 1964). 6.Inserted by Act 35 of 1964, Section 16 (w.e.f. 1st December, 1964). 7.Clause (h) omitted by Section 16, Act 35 of 1964, Section 16 (w.e.f. 1stDecember, 1964). 8.Omitted by Act No. 3 of 1994, Section 20 (w.e.f. 15th October, 1993). 9.Substituted by Act 26 of 1959, Section 10 (w.e.f. 28th August, 1959. 10.Substituted by Act 48 of 1973, Section 19 (w.e.f. 31st December, 1973). 11.Inserted by Act 48 of 1973, Section 19 (w.e.f. 31st December, 1973). 12.Inserted by Act 1 of 1984, Section 48 (w.e.f. 15th February, 1984).

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The Tamil Nadu Court Fees and Suits Valuation Act, 1955 Complete Act

State: Tamil Nadu

Year: 1955

.....1973 1 SCWR 1 : 1972 Tax LR 581 Followed by Madras High Court in Sriramulu V. Registrar, High Court , 1974 1 MLJ 390 : 88 LW 181 (DB) Court fees Act is a fiscal Act where an adjudication given by a Tribunal could fall within two provisions of the court fees Act, one of which was for the litigant and other more liberal, the court would apply that provision which was beneficial to the litigant " Diwan Brothers V. Central Bank of India and Others AIR 1976 SC 1503 : 1976 3 SCC 800. When plaintiff dexterously couch pleadings with a view to defeat the provisions of the Court fees Act, it is incumbent on the court look into the allegations in the plaint and see what is the substantive relief asked for .- Shamsher Singh V. Rajinder Prasad and Others, AIR 1973 SC 2284 : 1974 1 SCJ 270 : 1973 SCD 844 2. Application of Act " (1) The provisions of this Act shall not apply to " (a) (Proceedings in the Presidency Court of Small Causes, Madras ( omitted ) by Act XLIII of 1979. (b) documents presented or to be presented before an officer serving under the Central Government. (2) Where any other law contains provisions relating to the levy of fee in respect of proceedings under.....

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State Bank of India Act, 1955 Complete Act

Title: State Bank of India Act, 1955

State: Central

Year: 1955

.....1934 Section53 - Amendment of Act 10 of 1949 Section54 - Amendment of Act 47 of 1920 Section55 - No proceeding to lie in India against Imperial Bank after appointed day Section56 - References to the Imperial Bank, the Bank of Bengal, etc. in other laws Section57 - Dissolution of Imperial Bank, etc. ScheduleI - THE FIRST SCHEDULE ScheduleII - THE SECOND SCHEDULE ScheduleIII - THE THIRD SCHEDULE ScheduleVI - THE FOURTH SCHEDULE ScheduleV - THE FIFTH SCHEDULE Amending Act1 - BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) AND FINANCIAL INSTITUTIONS LAWS (AMENDMENT) ACT, 2006 Amending Act2 - THE STATE BANK OF INDIA (SUBSIDIARY BANKS LAWS) AMENDMENT ACT, 2007 Amending Act3 - THE STATE BANK OF INDIA (AMENDMENT) ACT, 2007

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Shri Jagannath Temple Act, 1955 Complete Act

State: Orissa

Year: 1955

SHRI JAGANNATH TEMPLE ACT, 1955 SHRI JAGANNATH TEMPLE ACT, 1955 An Act to Provide for Better Administration and Governance of Shri Jagannath Temple at Puri and its Endowments [Published vide Orissa Gazette Part X-No.44/4.11.1956] Whereas the ancient Temple of Lord Jagannath of Puri has ever since its inception been an institution of unique national importance in which millions of Hindu devotees from regions far and wide have reposed their faith and belief and have regarded it as the epitome of their tradition and culture; And whereas long period to and after the British conquest the superintendence, control and management of the affairs of the Temple have been the direct concern of successive Rulers, Governments and their officers and of the publisher exchequer; And whereas by Regulation IV of 1809 passed by the Governor-General in Council on 28th April, 1809 and thereafter by other laws and regulations and in pursuance of arrangement entered into with the Raja of Khurda, later designated the Raja of Puri, the said Raja came to be entrusted hereditary with the management of the affairs of the Temple and its properties as Superintendent subject to the control.....

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