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Start Free TrialInterest Act, 1978 Section 6
Title: Repeal and Saving
State: Central
Year: 1978
(1) As from the commencement of this Act, the Interest Act, 1839 (32 of 1839) and any other law corresponding thereto in force in any State immediately before such commencement shall stand repealed. (2) The provisions of this Act shall not apply to any suit or other legal proceeding pending at the commencement of this Act and the provisions of the corresponding law applicable immediately before such commencement shall, notwithstanding the repeal of such law by sub-section (1), continue to apply to such suit or other legal proceeding. (3) The mention of particular matters in sub-section (2) shall not be held to prejudice or affect and general application of section 6 of the General Clauses Act, 1897 (10 of 1897), with regard to the effect of repeal.
View Complete Act List Judgments citing this sectionPress Council Act, 1978 Section 6
Title: Term of Office and Retirement of Members
State: Central
Year: 1978
.....5 or for a period of six months whichever is earlier. (2) Where a person nominated as a member under clause (a), clause (b) or clause (c) of sub-section (3) of section 5 is censured under the provisions of sub-section (1) of section 14, he shall cease to be a member of the Council. (3) The term of office of a member nominated under clause (e) of sub-section (3) of section 5 shall come to an end as soon as he ceases to be a member of the House from which he was nominated. (4) A member shall be deemed to have vacated his seat if he is absent without excuse, sufficient in the opinion of the Council, from three consecutive meetings of the Council. (5) The Chairman may resign his office by giving notice in writing to the Central Government, and any other member may resign his office by giving notice in writing to the Chairman, and upon such resignation being accepted by the Central government, or as the case may be, the Chairman, the Chairman or the member shall be deemed to have vacated his office. (6) Any vacancy arising under sub-section (2), sub-section (3), sub-section (4) or sub-section (5) or otherwise shall be filled, as soon as may be, by nomination in the same.....
View Complete Act List Judgments citing this sectionMetro Railways (Construction of Works) Act, 1978 Chapter VI
Title: Miscellaneous
State: Central
Year: 1978
.....if this Act had not come into force, Amending Act I - METRO RAILWAYS (CONSTRUCTION OF WORKS) AMENDMENT ACT, 1987 THE METRO RAILWAYS (CONSTRUCTION OF WORKS) AMENDMENT ACT, 1987 [Act, No. 42 of 1987] [9th December, 1987] PREAMBLE An Act further to amend the Metro Railways (Construction of Works) Act, 1978. BE it enacted by parliament in the Thirty-eighth Year of the Republic of India as follows:-- 1.Short title.-- This Act may be called the Metro Railways (Construction of Works) Amendment Act, 1987. 2.Amendment of section 10.-- In section 10 of the Metro Railways (Construction of Works) Act, 1978, (33 of 1978) to sub-section (3), the following proviso shall be added, namely:-- "Provided that in computing the said period of one year, the period or periods during which any action or proceeding to be taken in pursuance of the notification issued under sub-section (1) of section 7 [including any such action or proceeding pending immediately before the commencement of the Metro Railways (Construction of Works) Amendment Act, 1987] is stayed by an order of a Court, whether granted before or after such commencement, shall be excluded.".
View Complete Act List Judgments citing this sectionBolani Ores Limited (Acquisition of Shares) and Miscellaneous Provisions Act, 1978 Chapter VI
Title: Miscellaneous
State: Central
Year: 1978
.....or the Steel authority of India or any of its officers or other employees for anything which is in good faith done or intended to be done under this Act. Section 20 - Cognizance of offences Notwithstanding anything contained in the Code of Criminal Procedure, 1973 (2 of 1974.), no Court shall take cognizance of any offence under this Act except on a complaint, in writing, made by the Central Government or any officer authorised in this behalf by the t Government. Section 21 - Saving of contracts, etc. All Contracts, deeds, bonds, agreements and other instruments of whatever nature to which the dissolved company is a party subsisting or having effect immediately before the appointed any, shall as from that day, be of full force and effect against, or, as the case may, be in favour of, the Steel authority of India and may be enforced as fully and effectual as if, instead of the dissolved company, the Steel Authority of India had been a party thereto. Section 22 - Saving of legal proceedings If, on the appointed day, there is pending any suit, arbitration, appeal or other legal proceeding of whatever nature by or against the dissolved company, the same shall not abate,.....
View Complete Act List Judgments citing this sectionHindustan Tractors Limited (Acquisition and Transfer of Undertakings) Act, 1978 Chapter VI
Title: Commissioner of Payments
State: Central
Year: 1978
.....regard to every payment made by it after the appointed day for discharging any liability of the Company, not being any liability specified in sub-section (2) of section 5, in relation to any period prior to the appointed day; and every such claim shall have priority in accordance with the priorities attaching, under this Act, to the matter in relation to which such liability has been discharged by the Central Government, or the State Government, or the Government company. (3) Save as otherwise provided in this Act, the liabilities of the Company in respect of any transaction prior to the appointed day, which have not been discharged on or before the specified date, shall be the liabilities of the Company. Section 19 - Claims to be made to the Commissioner Everyperson having a claim against the Company shall prefer such claim before theCommissioner within thirty days from the specified date:1 Providedthat if the Commissioner is satisfied that the claimant was prevented bysufficient cause from preferring the claim within the said period of thirtydays, he may entertain the claim within a further period of thirty days and notthereafter. ________________ 1.1-12-1982 is.....
View Complete Act List Judgments citing this sectionBritannia Engineering Company Limited (Mokameh Unit) and the Arthur Butler and Company (Muzaffarpore) Limited (Acquisition and Transfer of Undertaking) Act 1978 Chapter VI
Title: Commissioner of Payments
State: Central
Year: 1978
.....meaning of section 193 and 228 of the Indian Penal code (45 of 1860) and the Commissioner shall be deemed to be a civil court for the purposes of section 195 and chapter XXVI of the code of criminal Procedure 1973 (2 of 1974). (7) A claimant who is dissatisfied with 4h decision of the Commissioner may prefer an appeal against the decision to the principle court of original jurisdiction within the local limits of whose jurisdiction the Mokameh unit or as the cad may be the registered office of Arthur Butler and Company is situated; Provided that where a person who is a Judge of A High Court is appointed to be the Commissioner such appeal shall lie to the High Court of the State in which the registered office of Britannia Engineering Company or as the case may be Arthur Butler and Company is situated and such appeal shall be heard and disposed of by not less than tow judges of that High Court. Section 22 - Disbursement of money by Commissioner After admitting the claim under this Act the amount due in respect of such claim shall be paid by the Commissioner to the person or persons to whom such sums are due and on such payment the liability of Britannia engineering.....
View Complete Act List Judgments citing this sectionCoast Guard Act, 1978 Section 6
Title: Enrolment
State: Central
Year: 1978
(1) The persons to be enrolled to the Coast Guard, the mode of enrolment and the procedure for enrolment shall be such as may be prescribed. (2) Notwithstanding anything contained in this Act and the rules, every person who has, for a continuous period of three months, been in receipt of pay as a person enrolled under this Act and borne on the rolls of the Coast Guard shall be deemed to have been duly enrolled.
View Complete Act List Judgments citing this sectionPublic Sector Iron and Steel Companies (Restructuring) Section 6
Title: Transfer and Vesting of Refractory Plant Etc. in the Bharat Refractories Limited
State: Central
Year: 1978
(1) On the appointed day, the undertakings of the following transferred units shall stand transferred to, and vest in, the Bharat Refractories Limited, namely : (a) Ramgarh Refractory Plant of the Hindustan Steel Limited (situated near Ramgarh in the State of Bihar), (b) Sillimanite Mines of the Hindustan Steel Limited (situated in the State of Meghalaya), and (c) Refractory Project of the Hindustan Steel Limited (situated at Bhilai in the State of Madhya Pradesh). (2) Notwithstanding anything contained in the Companies Act, as from the appointed day, the registered office of the Bharat Refractories Limited may remain at Bokaro Steel City or be transferred to Ranchi.
View Complete Act List Judgments citing this sectionFinance Act 1978 Section 6
Title: Amendment of Section 35b
State: Central
Year: 1978
.....outside India; and (b) the expenditure referred to in that sub-section is incurred by the assessee wholly and exclusively for the purposes of the business referred to in sub-clause (i) or, as the case may be, sub-clause (ii) of clause (a). Explanation : For the purposes of this sub-section, - (a) "small-scale exporter" means a person who exports goods manufactured or produced in any small-scale industrial undertaking or undertakings owned by him : Provided that such person does not own any industrial undertaking which is not a small-scale industrial undertaking; (b) "Export House Certificate" means a valid Export House Certificate issued by Chief Controller of Imports and Exports, Government of India; (c) "provision of technical know-how" has the meaning assigned to it in sub-section (2) of section 80MM; (d) "small-scale industrial undertaking" has the meaning assigned to it in clause (2) of the Explanation below sub-section (2) of section 32A.".
View Complete Act List Judgments citing this sectionPrize Chits and Money Circulation Schemes Banning Act 1978 Section 6
Title: Offences by Companies
State: Central
Year: 1978
.....: Provided that nothing contained in this sub-section shall render any such person liable to any punishment provided in this Act, if he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of such offence. (2) Notwithstanding anything contained in sub-section (1), where an offence under this Act has been committed by a company and it is proved that the offence has been committed with the consent or connivance of, or is attributable to, any neglect on the part of, any director, manager, secretary or other officer of the company, such directory, manager, secretary or other officer shall also be deemed to be guilty of that offence and shall be liable to be proceeded against and punished accordingly. Explanation. For the purposes of this section (a) "company" means any body corporate and includes a firm or other association of individuals; and (b) "director" in relation to a firm, means a partner in the firm.
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