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Home Bare Acts Phrase: transferTransfer of Property Act, 1882 Complete Act
Title: Transfer of Property Act, 1882
State: Central
Year: 1882
.....incidents, rights, liabilities, etc. Section3 - Interpretation-clause Section4 - Enactments relating to contracts to be taken as part of Contract Act and supplemental to the Registration Act. ChapterII - OF TRANSFERS OF PROPERTY BY ACT OF PARTIES Section5 - Transfer of property defined Section6 - What may be transferred Section7 - Persons competent to transfer Section8 - Operation of transfer Section9 - Oral transfer Section10 - Condition restraining alienation Section11 - Restriction repugnant to interest created Section12 - Condition making interest determinable on insolvency or attempted alienation Section13 - Transfer for benefit of unborn person Section14 - Rule against perpetuity Section15 - Transfer to class some of whom come under sections 13 and 14 Section16 - Transfer to take effect on failure of prior interest Section17 - Direction for accumulation Section18 - Transfer in perpetuity for benefit of public Section19 - Vested interest Section20 - When unborn person acquires vested interest on transfer for his benefit Section21 - Contingent interest Section22 - Transfer to members of a class who attain a particular age Section23 - Transfer.....
List Judgments citing this sectionBanking Companies (Acquisition and Transfer of Undertakings) Act, 1970 Amending Act 1
Title: Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006
State: Central
Year: 1970
.....thereafter until his successor shall have been duly elected" shall be omitted. 15. Amendment of section 21A.-- In section 21A of the State Bank Act, in sub-section (1), the words "and thereafter until his successor has been duly nominated" shall be omitted. CHAPTER V AMENDMENTS TO THE STATE BANK OF INDIA (SUBSIDIARY BANKS) ACT, 1959 16. Amendment of section 26 of Act 38 of 1959.-- In section 26 of the State Bank of India (Subsidiary Banks) Act, 1959,-- (a) in sub-section (2), the words "and thereafter until his successor is duly elected" shall be omitted; (b) in sub-section (2A), for the words "and thereafter until his successor shall have been duly nominated or appointed", the words "and thereafter until his successor shall have been duly appointed" shall be substituted. CHAPTER VI AMENDMENTS TO CERTAIN OTHER ENACTMENTS 17. Amendment of section 6 of Act 47 of 1961.-- In section 6 of the Deposit Insurance and Credit Guarantee Corporation Act, 1961, in sub-section (2), in clause (ii), the words "and thereafter until his successor assumes office" shall be omitted. 18. Amendment of section 6 of Act 28 of 1981.-- In section 6 of the Export-Import Bank of.....
View Complete Act List Judgments citing this sectionBanking Companies (Acquisition and Transfer of Undertakings) Act, 1980 Amending Act 1
Title: Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006
State: Central
Year: 1980
.....thereafter until his successor shall have been duly elected" shall be omitted. 15. Amendment of section 21A.-- In section 21A of the State Bank Act, in sub-section (1), the words "and thereafter until his successor has been duly nominated" shall be omitted. CHAPTER V AMENDMENTS TO THE STATE BANK OF INDIA (SUBSIDIARY BANKS) ACT, 1959 16. Amendment of section 26 of Act 38 of 1959.-- In section 26 of the State Bank of India (Subsidiary Banks) Act, 1959,-- (a) in sub-section (2), the words "and thereafter until his successor is duly elected" shall be omitted; (b) in sub-section (2A), for the words "and thereafter until his successor shall have been duly nominated or appointed", the words "and thereafter until his successor shall have been duly appointed" shall be substituted. CHAPTER VI AMENDMENTS TO CERTAIN OTHER ENACTMENTS 17. Amendment of section 6 of Act 47 of 1961.-- In section 6 of the Deposit Insurance and Credit Guarantee Corporation Act, 1961, in sub-section (2), in clause (ii), the words "and thereafter until his successor assumes office" shall be omitted. 18. Amendment of section 6 of Act 28 of 1981.-- In section 6 of the Export-Import Bank of.....
View Complete Act List Judgments citing this sectionBanking Companies (Acquisition and Transfer of Undertakings) Act, 1980 Chapter II
Title: Transfer of the Undertakings of Existing Banks and Share Capitals of the Corresponding New Banks
State: Central
Year: 1980
.....11 of the Depositories Act,1996,shall be deemed to be a register of shareholders for the purposes of this act. Explanation. - For the purposes of section 3,section 3A and this section , the expressions "benificial owner"."depository" and "registered owner" shall have the meanings respectively assigned to them in clauses (a),(e) and (j) of sub-section (1) of section 2 of the Depositories Act,1996.] ________________________ 1. Substituted by Act 37 of 1994, section 3, for "TRANSFER OF THE UNDERTAKINGS F EXISTING BANKS" w.e.f. 15-7-1994 2. Substituted by Act 37 of1994, section 4, for sub-section (2A) and (3) w.e.f. 15-7-1994. Earlier sub-section (2A) was inserted by 81 of 1985, Section 13 w.e.f. 30-12-1985. 3. Inserted by Act 37 of 1994, Section 4 w.e.f. 5-7-1994 4. Inserted by Act 8 of 1995, section 2 w.r.e.f. 21-1-1995 5. Inserted by Act 37 of 1994, section 4 w.e.f. 15-7-1994. 6. Substituted by Act 1 of 1984, section 71, for "one or more forms of business" w.e.f. 15-2-1984. 7. Inserted by Act 1 of 1984, section 71 w.e.f. 15-2-1984 8. Inserted by Act 37 of 1994, section 5 w.e.f. 15-7-1994. 9. Inserted by Depositories Related Laws (Amendment) Act ,1997 w.e.f.....
View Complete Act List Judgments citing this sectionRichardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972 Part I
Title: Acquisition and Transfer of the Undertaking of Richardson and Cruddas Limitred
State: Central
Year: 1972
..... Section 11 - Custodian to be public servant The Custodian shall be a public servant within the meaning of section 21 of the Indian Penal Code. Section 12 - Vacation of office by directors, etc., of the old company (1) On the appointment of a Custodian, every person holding office; immediately before such appointment, as director or manager of the old company shall, notwithstanding anything contained in any other law for the time being in force or in any decree or order of any Court or Triburial, Vacate such office. (2) The Custodian shall receive the sum referred to in section 8 and shall deal with the said sum for meeting any liability which is incurred by the old company after the appointed day and the balance, if any, left after meeting the said liability, in accordance with the wishes of the members of the old company, expressed in a general meeting convened by the Custodian, and the provisions of the Companies Act, 1956, shall, so far as may be, apply to such meeting. (3) The Custodian may, if the members of the old company so desire, distribute the balance referred to in sub-section (2) amongst such members in accordance with their rights and interests.....
View Complete Act List Judgments citing this sectionBanking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006 Chapter II
Title: Amendments to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
State: Central
Year: 2006
.....of the corresponding new bank whose Board of Directors had been superseded, call annual general meeting in accordance with the provisions of this section.". Section 6 - Insertion of new section 10B After section 10A of the Bank Nationalisation Act, the following section shall be inserted, namely:-- '10B. Transfer of unpaid or unclaimed dividend to Unpaid Dividend Account.--(1) Where, after the commencement of the Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006, a dividend has been declared by a corresponding new bank but has not been paid or claimed within thirty days from the date of declaration, to, or by, any shareholder entitled to the payment of the dividend, the corresponding new bank shall, within seven days from the date of the expiry of such period of thirty days, transfer the total amount of dividend which remains unpaid or unclaimed within the said period of thirty days, to a special account to be called "Unpaid Dividend Account of ... (the name of the corresponding new bank).". Explanation.--In this sub-section, the expression "dividend which remains unpaid" means any dividend the warrant in.....
View Complete Act List Judgments citing this sectionBanking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006 Chapter III
Title: Amendments to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980
State: Central
Year: 2006
.....of the corresponding new bank whose Board of Directors had been superseded, call annual general meeting in accordance with the provisions of this section.". Section 12 - Insertion of new section 10B After section 10A of the Bank (Second) Nationalisation Act, the following section shall be inserted, namely:-- '10B. Transfer of unpaid or unclaimed dividend to Unpaid Dividend Account.--(1) Where, after the commencement of the Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006, a dividend has been declared by a corresponding new bank but has not been paid or claimed within thirty days from the date of declaration, to, or by, any shareholder entitled to the payment of the dividend, the corresponding new bank shall, within seven days from the date of the expiry of such period of thirty days, transfer the total amount of dividend which remains unpaid or unclaimed within the said period of thirty days, to a special account to be called "Unpaid Dividend Account of ... (the name of the corresponding new bank)". Explanation.--In this sub-section, the expression "dividend which remains unpaid" means any dividend the.....
View Complete Act List Judgments citing this sectionBengal Immunity Company Limited (Acquisition and Transfer of Undertakings) Act, 1984 Chapter II
Title: Acquisition and Transfer of the Undertakings of the Company
State: Central
Year: 1984
.....all assets, rights, leaseholds, powers, authorities and privileges, and all property, movable and immovable, including lands, buildings, offices, factories, workshops, stores, instruments, plants, machinery and equipment, installations, laboratories, office furniture, stationery and equipment, vehicles, patents, trade marks, cash balances, cash on hand, reserve funds, investments, book debts and all other rights and interests in, or arising out of, such property as were immediately before the appointed day in the ownership, possession, power or control of the Company, whether within or outside India, and all books of account, registers and all other documents of whatever nature relating thereto. (2) All properties and assets as aforesaid which have vested in the Central Government under section 3 shall, by force of such vesting, be freed and discharged from any trust, obligation, mortgage, charge, lien and all other incumbrances affecting them, and any attachment, injunction, decree or order of any Court, tribunal or other authority restricting the use of such properties or assets in any manner or appointing any receiver in respect of the whole or any part of such properties.....
View Complete Act List Judgments citing this sectionBengal Chemical and Pharmaceutical Works Limited (Acquisition and Transfer of Undertakings) Act, 1980 Chapter II
Title: Acquisition and Transfer of the Undertakings of the Company
State: Central
Year: 1980
.....all assets, rights, lease-holds, powers, authorities and privileges, and all property, movable and immovable, including lands, buildings, offices, factories, workshops, stores, instruments, plants, machinery and equipment, installations, laboratories, office furniture, stationary and equipment, vehicles, patents, trade marks, cash balances, cash on hand, reserve funds, investments, book debts and all other rights and interests in, or arising out of such property as were immediately before the appointed day in the ownership, possession, power or control of the Company, whether within or outside India, and all books of account, registers and all other documents of whatever nature relating thereto. (2) All properties and assets as aforesaid which have vested in the Central Government under section 3 shall, by force of such vesting, be freed and discharged from any trust, obligation, mortgage, charge, lien and all other incumbrances affecting them, and any attachment, injunction, decree or order of any court or other authority restricting the use of such properties or assets in any manner or appointing any receiver in respect of the whole or any part of such properties or assets.....
View Complete Act List Judgments citing this sectionDepartmentalisation of Union Accounts (Transfer of Personnel) Act, 1975 Section 2
Title: Transfer of Officers and Employees of the Indian Audit and Accounts Department
State: Central
Year: 1975
(1) Where the President has, by order under the first proviso to sub-section (1) of section 10 of the Comptroller and Auditor-General's (Duties, Powers and Conditions of Service) Act, 1971(56 of 1971), provided for relieving, with effect from any date (hereinafter referred to as the prescribed date), the Comptroller and Auditor-General from the responsibility for compiling any accounts of the Union or of any services or departments of the Union as may be specified in such order, then, subject to the provisions of this Act, it shall be lawful for the Central Government, on the advice of the Committee established under sub-section (2), to transfer, by order and with effect from such date or dates (which may be either retrospective to any date not earlier than the prescribed date or prospective) as may be specified in the order, to any Ministry or Department of the Central Government or any of its attached or subordinate offices, any of the officers or employees serving in the Indian Audit and Accounts Department, for the purpose of facilitating the efficient discharge by such Ministry, Department or office of the responsibility of compiling such accounts: Provided that no order.....
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