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Agricultural Refinance and Development Corporation Act 1963 Section 22

Title: Business Which the Corporation May Transact

State: Central

Year: 1963

.....repayment of principal and payment of interest: PROVIDED that no such guarantee shall be required in cases in which (i) security, to the satisfaction of the Board, is furnished by the eligible institution, or (ii) the Board, for reasons to be recorded by it in writing, decides that no such security or guarantee is necessary2[in respect of an eligible institution, or any class of eligible institutions or having regard to the nature and scope of the scheme or schemes for 'which such accommodation is granted by the Corporation] : PROVIDED FURTHER that any sums received by an eligible institution in repayment of realisation of loans and advances refinanced either wholly or partly by the Corporation shall, to the extent of the accommodation granted by the Corporation remaining outstanding, be deemed to have been received by the eligible institution in trust for the Corporation, and shall accordingly be paid by such eligible institution to the Corporation: PROVIDED also that in case where accommodation has been granted to an eligible institution without obtaining such guarantee or security, all securities held, or which may be held, by such eligible institution, on account.....

Agricultural Refinance and Development Corporation Act, 1963 Complete Act

State: Central

Year: 1963

.....enumerated in Section 20 of the Indian Trusts Act, 1882 (2 of 1882)-, and be also deemed to be approved securities for the purposes of the Insurance Act, 1938 (4 of 1938)-, and the15[Banking Regulation Act], 1949 (10 of 1949)- SECTION 08: REGISTER OF SHAREHOLDERS - (1) The Corporation shall maintain at its head office a register of the shareholders and shall enter therein the following particulars so far as they may be available, namely:- (i) the names and addresses of the shareholders and a statement of the shares held by each shareholder, distinguishing each share by its denoting number; (ii) the date on which each person is entered as a shareholder; (iii) the date on which any person ceases to be a shareholder; and (iv) such other particulars as may be prescribed. (2) Notwithstanding anything contained in this Act or in any other law for the time being in force, no notice of any trust, express, implied or constructive, shall be entered on the register maintained under sub-section (1) or be receivable by the Corporation. CHAPTER 03: MANAGEMENT OF THE CORPORATION SECTION 09: MANAGEMENT (1) The general superintendence, direction and management of the affairs and.....

Unit Trust of India Act, 1963 Complete Act

State: Central

Year: 1963

.....all powers and do all acts and things which may be exercised or done by the Trust. (2) The Board shall, in discharging its functions under this Act, act on business principles regard being had to the interest of the unit holders. SECTION 10: BOARD OF TRUSTEES The Board of trustees shall consist of the following namely- (a) the Chairman to be appointed by the16[Central Government in Consultation with the Development Bank]; 17[(aa) one trustee to be nominated by the Reserve Bank;] (b) four trustees to be nominated by the16[Development Bank], of whom not less than three shall be persons having special knowledge of, or experience in, commerce, industry, banking, finance or investment; (c) one trustee to be nominated by the Life Insurance Corporation; (d) one trustee to be nominated by the State Bank; (e) two trustees to be elected in the prescribed manner by the contributing institutions referred to in clause (d) of sub-section (2) of section 4-, and (f) an executive trustee to be appointed by the16[Development Bank]. Provided that if the appointment of the Chairman is whole -time it shall not be necessary to appoint an executive trustee: Provided further that on the first.....

Agricultural Refinance and Development Corporation Act 1963 Chapter IV

Title: Funds and Business of the Corporation

State: Central

Year: 1963

..... 1. Omitted by Act 45 of 1975 w.e.f. 15.11.1975. Section 24 - Power to impose conditions for accommodation In entering into any transaction under Section 22 with an eligible institution, the Corporation may impose such conditions as it may think necessary or expedient for protecting the interests of the Corporation. Section 25 - Power to call for repayment before agreed period Notwithstanding anything to the contrary contained in any agreement, the Corporation may, by notice in writing, require any eligible institution to which it has granted any loan or advance to discharge forthwith in full its liabilities to the Corporation: (a) if it appears to the Board that false or misleading information in any material particular was given in the application for the loan or advance; or (b) if the eligible institution has failed to comply with any of the terms of its contract with the Corporation in the matter of the loan or advance; or (c) if there is a reasonable apprehension that the eligible institution is unable to pay its debts or that proceedings for liquidation maybe commenced in respect thereof; or (d) if for any reason it is necessary to do so to.....

Major Port Trusts Act, 1963 Complete Act

State: Central

Year: 1963

.....property" includes wharfage-rights and all other rights exercisable on, over, or in respect of, any land, wharf, dock or pier;] (j) "Indian Ports Act" means the Indian Ports Act, 1908; (k) "land" includes the bed of the sea or river below high-water mark, and also things attached to the earth or permanently fastened to anything attached to the earth; (l) "low-water mark", in relation to a port, means a line drawn through the lowest points reached by ordinary springtides at any season of the year at that port; (m) "major port" has the same meaning as in the Indian Ports Act; (n) "master", in relation to any vessel or any aircraft making use of any port, means any person having for the time being the charge or control of such vessel or such aircraft, as the case may be, except a pilot, harbour master, assistant harbour master, dock master or berthing master of the port; - (o) "owner", (i) in relation to goods, includes any consignor, consignee, shipper or agent for the sale, custody, loading or unloading of such goods; and (ii) in relation to any vessel or any aircraft making use of any port, includes any part-owner, character, consignee or mortgagee in possession thereof; (p).....

The Major Port Trusts Act, 1963 Complete Act

State: Kerala

Year: 1963

THE MAJOR PORT TRUSTS ACT, 1963 THE MAJOR PORT TRUSTS ACT, 1963 [Act No. 38 of 1963 dated 16th. October, 1963] CHAPTER I: PRELIMINARY 1. Short title commencement and application 2. Definitions CHAPTER II : BOARD OF TRUSTEES AND COMMITTEES THEREOF 3. Constitution of Board of Trustees 4. First Board of Trustees 5. Board to be body corporate 6. Disqualification for office of Trustee 7. Term of office of Trustees 8. Vacation of office of Trustees 9. Eligibility of Trustee for re-appointment or re-election 10. Filling of vacancies in office of Trustee 11. Saying provision for appointment of Trustee by Central Government after prescribed period 12. Power of Central Government to extend time for election or appoint Trustees in default of election 13. Term of office In case of certain trustees 14. Absence of Chairman and Deputy Chairman 16[14 A. Acting Chairman or Deputy Chairman 15. Conditions of service of Chairman and Deputy Chairman 16. Meetings of Board 2 of 59 17. Committees of Board 18. Fees and allowances payment Trustees 19. Restriction of power of Trustees to vote in certain cases 20. Defects In appointments or.....

Central Boards of Revenue Act, 1963 Complete Act

State: Central

Year: 1963

.....under that rule. SECTION 05: AMENDMENT OF CERTAIN ENACTMENTS (1) In the Estate Duty Act, 1953-,the Wealth-tax Act, 1957-,the Expenditure-tax Act, 1957,the Gift-tax Act, 1958-,the Income-tax Act, 1961-andthe Super Profits Tax Act. 1963. for the words and figures "Central Board of Revenue constituted under the Central Board of Revenue Act, 1924" or "Central Board of Revenue", wherever they occur, the words and figures "Central Board of Direct Taxes constituted under the Central Boards of Revenue Act. 1963" shall be substituted. (2) In the Central Excises and Salt Act, 1944-, and the Customs Act, 1962-, for the words and figures "Central Board of Revenue constituted under the Central Board of Revenue Act, 1924" or "Central Board of Revenue" wherever they occur, the words and figures "Central Board of Excise and Customs constituted under the Central Boards of Revenue A6t, 1963" shall be substituted. (3) The functions entrusted to the Central Board of Revenue by or under any other enactment shall,- (a) if such functions relate to matters connected with direct taxes, be discharged by the Central Board of Direct Taxes; and (b) if such functions relate to any other matter,.....

The Punjab Cooperative Societies Rules, 1963 Complete Act

State: Punjab

Year: 1963

.....society. Note:- ˜Standard Acre' for the purpose of this rule shall have the same meaning as given in Punjab Security of Land tenures Act, 1953(Act 10 of 1953). 23-B. Election of the first committee after Registration of the Co-op. Society- Section 26 (IF) - Subject to the provisions of sub-section (IF) of section 26, the first committee of a co-operative society. Shall be elected within a period of fix months from the date of its registration. 24. Proportion of individual and Co-op. Societies for constituting committee Section 85(2)- In a Cooperative Society, the membership which is not exclusively confined to individuals, the representation of individuals' and Co-op. Societies on the committee and the general body shall be such as may be laid down in the bye-laws of the cooperative Society. 25. Disqualification for Section membership of committee- No person shall be eligible for election as a member of the committee if- (a) he is in default to any Co-operative Society in respect of any co-operative due from him to the Co-op. Society or owes to any co-operative Society an amount exceeding his maximum credit limit. (b) He has, directly or indirectly any interest in.....

Maharashtra Ownership of Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act, 1963 Complete Act

State: Maharashtra

Year: 1963

.....AND TRANSFER) ACT, 1963 MAHARASHTRA OWNERSHIP OF FLATS (REGULATION OF THE PROMOTION OF CONSTRUCTION, SALE, MANAGEMENT AND TRANSFER) ACT, 1963 An act to regulate for a certain period, in the State of Maharashtra, the promotion of the construction of, the sale and management, and the transfer of flats on ownership basis WHEREAS, It has been brought to the notice of the State Government that, consequent on the acute shortage of housing in the several areas of the State of Maharashtra, sundry abuses, malpractices and difficulties relating to the promotion of the construction of, and the sale and management and transfer of flats taken on ownership basis exist, and are increasing; AND WFIEREAS, the Government in order to, advise itself as respects the manner of dealing with these matters appointed a committee by Government Resolution in the Urban Development and Public Health Department No. S. 248-79599-F, dated the 20th May 1960, to inquire into and report to the State Government on the several matters referred to aforesaid with the purpose of considering measures for their amelioration; AND WHEREAS, the aforesaid Committee has submitted its report to Government in.....

West Bengal Board of Secondary Education Act, 1963 Complete Act

State: West Bengal

Year: 1963

..... (g) "President" means the President of the Board; (h) "Primary Education" means education imparted in a primary school as defined in any Bengal Act or West Bengal Act or education equivalent thereto; (i) "recognised" with its grammatical variations, used with reference to Institutions, means recognised under this Act or within the meaning of the West Bengal Secondary Education Act, 1950; (j) "regulation" means a regulation made by the Board under this Act; (k) "rule" means a rule made by the State Government under this Act; (l) "Secondary Education" means general education above the primary education stage provided for students with a view to qualifying them for admission to a certificate, diploma or degree course instituted by a University or by Government 3a[or by a Statutory Body] and includes, subject to any general or special order of the State Government, (i) technical education, (ii) agricultural education, (iii) commercial education, (iv) education for the physically handicapped, (v) education for the menatally retarded and defectives, (vi) education in Reformatory schools and jails, or (vii) any other type of education which the State Government may, in.....