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Transfer 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.....

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Banking 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

.....Act, 1959, the Deposit Insurance and Credit Guarantee Corporation Act, 1961, the Export-Import Bank of India Act, 1981 and the National Housing Bank Act, 1987. BE it enacted by Parliament in the Fifty-seventh Year of the Republic of India as follows:-- CHAPTER I PRELIMINARY 1. Short title and Commencement.-- (1) This Act may be called the Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint: Provided that different dates may be appointed for different provisions of this Act and any reference in such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. CHAPTER II AMENDMENTS TO THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1970 2. Amendment of section 3.-- In section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970(5 of 1970) (hereafter in this Chapter referred to as the Bank Nationalisation Act),-- (a) in sub-section (2B), for clause (c), the following shall.....

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Banking 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

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Banking 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

.....by him in this behalf realise any asset and discharge any liability of the existing bank. (4) Unless otherwise expressly provided by this Act, all contracts, deeds, bonds, agreements, powers of attorney, grants of legal representation and other instruments of whatever nature subsisting or having effect immediately before the commencement of this Act and to which the existing bank is a party or which are in favour of the existing bank shall be of full force and effect against or in favour of the corresponding new bank, and may be enforced or acted upon as fully and effectually as if in the place of the existing bank the corresponding new bank had been a party thereto or as if they had been issued in favour of the corresponding new bank. (5) If, immediately before the commencement of this Act, any suit, appeal or other proceeding of whatever nature in relation to any business of the which has been transferred under section 4, is pending by or against the existing bank, the same shall not abate, be discontinued or be in any way, prejudicially affected by reason of the transfer of the undertaking of the existing bank or of anything contained in this Act but the suit,.....

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Richardson 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

.....I - PRELIMINARY Section 1 - Short title This Act may be called The Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972. Section 2 - Definitions (1) In this Act, unless the context otherwise requires,-- (a) "appointed day" means such date as the Central Government may, by notification, appoint; (b) "Custodian" means the person who is appointed, under section 10, as the Custodian of the old company; (c) "Nationalised Bank" means a corresponding new bank as defined in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970; (d) "new company" means the Government company, formed and registered under the Companies Act, 1956, in pursuance of the provisions of section 9; (e) "notification" means a notification published in the Official Gazette; (f) "old company" means the Richardson and Cruddas Limited, a company formed and registered under the Indian Companies Act, 1913 and having its registered office in the State of West Bengal; (g) "prescribed" means prescribed by rules made under this Act; (h) "scheduled bank" has the meaning assigned to it in the Reserve Bank of India Act, 1934, and includes a National.....

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Banking 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

.....in excess of one per cent. of the total voting rights of all the shareholders holding preference share capital only.". Section 3 - Amendment of section 9 In section 9 of the Bank Nationalisation Act,-- (a) in sub-section (2), after clause (c), the following clause shall be inserted, namely:-- "(ca) the manner in which the excess number of directors shall retire under second proviso to clause (i) of sub-section (3);"; (b) in sub-section (3),-- (i) in clause (a), for the words "not more than two whole-time directors", the words "not more than four whole-time directors" shall be substituted; (ii) for clause (c), the following clause shall be substituted, namely:-- "(c) one director, possessing necessary expertise and experience in matters relating to regulation or supervision of commercial banks, to be nominated by the Central Government on the recommendation of the Reserve Bank;"; (iii) clause (d) shall be omitted; (iv) for clause (i), the following shall be substituted, namely:-- "(i) where the capital issued under clause (c) of sub-section (2B) of section 3 is -- (I) not more than sixteen per cent. of the total paid-up capital, one director; (II) more.....

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Banking 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

.....in excess of one per cent. of the total voting rights of all the shareholders holding preference share capital only.". Section 9 - Amendment of section 9 In section 9 of the Bank (Second) Nationalisation Act,-- (a) in sub-section (2), after clause (c), the following clause shall be inserted, namely:-- "(ca) the manner in which the excess number of directors shall retire under the second proviso to clause (i) of sub-section (3);"; (b) in sub-section (3),-- (i) in clause (a), for the words "not more than two whole-time directors", the words "not more than four whole-time directors" shall be substituted; (ii) for clause (c), the following clause shall be substituted, namely:-- "(c) one director, possessing necessary expertise arid experience in matters relating to regulation or supervision of commercial banks, to be nominated by the Central Government on the recommendation of the Reserve Bank;"; (iii) clause (d) shall be omitted; (iv) for clause (i), the following shall be substituted, namely:-- "(i) where the capital issued under clause (c) of sub-section (2B) of section 3 is -- (I) not more than sixteen per cent. of the total paid-up capital, one.....

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Bengal 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.....

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Bengal 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.....

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Departmentalisation 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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