Skip to content


Bare Act Search Results

Home Bare Acts Phrase: transactions Year: 1972 Page 1 of about 45 results (0.006 seconds)

Sign-up to get more results

Unlock complete result pages and premium legal research features.

Start Free Trial

General Insurance Business (Nationalisation) Act,1972 Section 28

Title: Right of Acquiring Company to Seek Relief in Respect of Certain Transactions

State: Central

Year: 1972

.....case to the circumstances at the time, the acquiring company may apply for relief to the court in respect of such transaction, and all parties to the transaction shall, unless the court otherwise directs, be made parties to the application. (2) The Court may make such order against any of the parties to the application as it thinks just having regard to the extent to which those parties were respectively responsible for the transaction or benefited from it and all the circumstances of the case. (3) Where an application is made to the Court under this section in respect of any transaction and the application is determined in favour of the acquiring company, the Court shall have exclusive jurisdiction to determine any claim outstanding in respect of the transaction.

View Complete Act      List Judgments citing this section

Delhi Cooperative Societies Act, 1972 Complete Act

State: Delhi

Year: 1972

.....as member of a co-operative society except the following, namely : (a) an individual competent to contract under Section 11 of the Indian Contract Act, 1972 (b) any other co-operative society (c) the Central Government; and (d) such class or classes of persons or association of persons as may be notified by the Lieutenant-Governor in his behalf : Provided that the provisions of clause (a) shall not apply to an individual seeking admission to a society exclusively formed for the benefit of students of a school or college (2) Notwithstanding anything contained in sub-section (1), the Lieutenant- Governor may, having regard to the fact that the interest of any person or class of persons conflicts or is likely to conflict with the objects of any society or class of societies, by general or special order, published in the Delhi Gazette, declare that any person or class of persons engaged in or carrying on any profession, business or employment shall be disqualified from being admitted, or for continuing as members or shall be eligible for membership only to a limited extent of any specified society or class of societies, so long as such person is or such persons are.....

List Judgments citing this section

The Assam Agricultural Produce Market Act, 1972 Complete Act

State: Assam

Year: 1972

THE ASSAM AGRICULTURAL PRODUCE MARKET ACT, 1972 THE ASSAM AGRICULTURAL PRODUCE MARKET ACT, 1972 (ASSAM ACT XXIII OF 1974) (as amended upto 2000) (Received assent of the President on the 3rd September 1974) An Act to provide for better regulation of buying and selling of agricultural produce and the establishment of market for agricultural produce in the State of Assam and for matters connected therewith. Preamble Whereas it expedient to provide for better regulation of buying and selling of agricultural produce in the State of Assam and stablishment of regulated markets for agricultural produce; And whereas the previous sanction of the President of India under the provision of Article 304(b) of the Constitution of India has been obtained for the introduction of the Bill in the Legislative Assembly; It is hereby enacted in the Twenty-third year of Republic of India as follows :- CHAPTER I Preliminary Short title extendand commencement 1. (1) This Act may be called the Assam Agricultural Produce Market Act, 1972. (2) It shall extend to such areas of the State of Assam as may be notified by the State Government from time to time in the.....

List Judgments citing this section

The Pondicherry Cooperative Societies Act, 1972 Complete Act

State: Pondicherry

Year: 1972

.....22, the rules made in this behalf or the by-laws of the society,- (a) any individual competent to contract under section 11 of the Indian Contract Act, 1872; (Central Act 9 of 1872) ; (b) any registered society ; (c) the Government, shall be eligible for admission as a member of a registered society : Provided that this section shall not apply in the case of a society formed exclusively for the benefit of the students of any college or school. Provided further that a Hindu undivided family as such shall not be eligible for admission s a member of a registered society: Provided also that persons who are minors or of unsound mind may be admitted as members of such class of registered societies as may be prescribed and such members shall possess only such privileges and rights of members and be subject only to such liabilities of members as may be prescribed : Provided also that in a society formed for the promotion of the economic interests of its members, through a specified activity no person other than one who is likely to be benefitted directly by such activity may be admitted as a member of such society unless such admission is permitted specifically by the.....

List Judgments citing this section

West Bengal Agricultural Produce Marketing (Regulation) Act, 1972 Complete Act

State: West Bengal

Year: 1972

.....defined and brought within the ambit of regulation, a large part of the buying and selling of agricultural produce may evade the operation of the Act. The Act oriented towards controlling the owners of markets; the primary duty of running the markets is Imposed upon the owners of the market: the market committee or the State Government may not intervene except in the event of formal failure on the part of the owners. If the present owners abide by the fair rents, undertake to check specified malpractices, provide for certain sanitary arrangements and maintain the markets as they are. such markets have to be left in their charge. The owners do not have any obligation to develop the markets and will have no incentive nor will they have resources enough for Investment for new development. An Act to provide for the regulation of marketing of agricultural produce in West Bengal. Assent of the President of India was first published In the Calcutta Gazette, Extraordinary, dated the 31st October. 1972. WHEREAS it is expedient to provide for the regulation of marketing of agricultural produce in West Bengal and for matters connected therewith; AND WHEREAS previous sanction of the.....

List Judgments citing this section

General Insurance Business (Nationalisation) Act,1972 Chapter VII

Title: Miscellaneous

State: Central

Year: 1972

.....as it may direct. Section 34 - Reference to existing insurer in other laws Any reference to an existing insurer in any law other than this Act or any contract or other instrument shall, in so far as it relates to an acquiring company, be construed as a reference to that company. Section 35 - Application of Insurance Act Subject to such exceptions, restrictions and limitations, if any, as the Central Government may, by Notification, specify in this behalf, the Insurance Act shall apply to or in relation to the Corporation and every acquiring company as if the Corporation or the acquiring company, as the case may be, were an insurer carrying on general insurance business within the meaning of that Act. Section 35A - [Omitted] 1[ ***] _________________________ 1. Section 35A inserted by Act 26 of 1988, section (w.r.e.f. 1-4-1988) and omitted by Act 20 of 2002, section 158 (w.e.f. 1-6-2002). Section 36 - Exemptions (1) Nothing contained in this Act shall apply in relation to-- (a) any general insurance business carried on by a State Government, to the extent to which such insurance relates to properties belonging to it or undertakings owned wholly or.....

View Complete Act      List Judgments citing this section

General Insurance Business (Nationalisation) Act, 1972 Complete Act

State: Central

Year: 1972

.....Companies Act; (i) "Indian insurance company" means an existing insurer having a share capital who is a company within the meaning of the Companies Act; (j) "Insurance Act" means the Insurance Act, 1938; (k) Life Insurance Corporation" means the Life Insurance Corporation of India established under the Life Insurance Corporation Act, 1956; (l) "notification" means a notification published in the Official Gazette; (m) "prescribed" means prescribed by rules made under this Act; (n) "Schedule" means the Schedule to this Act; (o) "scheme" means the scheme framed under section 16-3[and also includes a scheme framed under section 17A-]; (p) words and expressions used in this Act but not defined herein and defined in the Insurance Act, shall have the meanings respectively assigned to them in that Act; (q) words and expressions used in this Act but not defined herein or in the Insurance Act and defined in the Companies Act, shall have the meanings respectively assigned to them in the Companies Act. Clause 3.- "The Committee feel that the Act should be made effective as early as possible and, for that purpose, there should be an overall time limit beyond which the implementation of the.....

List Judgments citing this section

Sick Textile Undertakings (Taking over of Management) Act, 1972 Chapter 4

Title: Miscellaneous

State: Central

Year: 1972

.....or any Custodian for any damage caused, or likely to be caused, by anything which is in good faith done or intended to be done under this Act. Section 13 - Delegation of powers (1) The Central Government may, by notification, direct that all or any of the powers exercisable by it under this Act may also be exercised by any person or persons as may be specified in the notification. (2) Whenever any delegation of power is made under sub-section (1), the person to whom such power has been delegated shall act under the direction, control and supervision of the Central Government. Section 14 - Debts incurred for the purposes of textile undertaking to have priority Every debt arising out of any loan advanced to a sick textile undertaking by the Central Government or a State Government for carrying on the management of any sick textile undertaking specified in the First Schedule, (a) shall have priority over all other debts, whether secured or unsecured, incurred before the management of such textile undertaking was taken over under this Act; (b) shall be a preferential debt within the meaning of section 530 of the Companies Act, 1956, and such debts shall.....

View Complete Act      List Judgments citing this section

Architects Act, 1972 Complete Act

State: Central

Year: 1972

.....Twenty-third Year of the Republic of India as follows:- CHAPTER 01: PRELIMINARY SECTION 01: SHORT TITLE, EXTENT AND COMMENCEMENT - (1) This Act may be called THE ARCHITECTS ACT, 1972. (2) It extends to the whole of India. (3) It shall come into force on such date1as the Central Government may by notification in the Official Gazette, appoint. SECTION 02: DEFINITIONS - In this Act, unless the context otherwise requires,- (a) "architect" means a person whose name is for the time being entered in the register; (b) "Council" means the Council of Architecture constituted undersection 3-; (c) "Indian Institute of Architects" means the Indian Institute of Architects registered underthe Societies Registration Act, 1860; (d) "recognised qualification" means any qualification in architecture for the time being included in the Schedule or notified undersection 15-; (e) "register" means the register of architects maintained undersection 23-; (f) "regulation' means a regulation made under this Act by the Council; (g) "rule" means a rule made under this Act by the Central Government. CHAPTER 02: COUNCIL OF ARCHITECTURE SECTION 03: CONSTITUTION OF COUNCIL OF.....

List Judgments citing this section

The Pondicherry Hindu Religious Institutions Act, 1972 Complete Act

State: Pondicherry

Year: 1972

.....of Government for prosecution. 30. Savings. 31. Power to make rules. 32. Repeal and saving. THE PONDICHERRY HINDU RELIGIOUS INSTITUTIONS ACT, 1972 (Act No. 10 of 1972) 9th October, 1972. An Act to provide for the administration of Hindu religious institutions in the Union territory of Pondicherry and for matters connected therewith. Be it enacted by the Legislative Assembly of Pondicherry in the Twenty-third Year of the Republic of India as follows:- Short title, extend, commencement and application:- 1. (1) This Act may be called the Pondicherry Hindu Religious Institutions Act, 1972. (2) It extends to the whole of the Union territory of Pondicherry. (3) It shall come into force on such date The Act came into force on the 1st July 1975 vide Notification in Extraordinary Gazette No. 66 dated 30-6-1975, as the Government may, by notification in the Official Gazette, appoint. (4) It applies to all the Hindu religious institutions situate in the Union territory of Pondicherry. Definitions:- 2. In this Act, unless the context otherwise requires.- (a) "Board" means a Board of trustees appointed by the Government under section 4; (b).....

List Judgments citing this section

  • << Prev.

Sign-up to get more results

Unlock complete result pages and premium legal research features.

Start Free Trial

Save Judgments// Add Notes // Store Search Result sets // Organize Client Files //