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North-eastern Council (Amendment) Act, 2002 Section 6

Title: Amendment of Section 6

State: Central

Year: 2002

In section 6 of the principal Act, for the words "and Planning", the words "Planning and the Department of Development of North-Eastern Region" shall be substituted.

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Unit Trust of India (Transfer of Undertaking and Repeal) Act,2002 Section 6

Title: Provisions in Respect of Officers and Other Employees of Trust

State: Central

Year: 2002

.....fund or the gratuity fund of the Unit Trust of India and any other bodies created for the welfare of officer or other employees would continue to discharge their functions in the specified company as was being done hither to in the Unit Trust of India and any tax exemption granted to the provident fund or the gratuity fund would continue to be applied to the specified company. (7) Notwithstanding anything contained in this Act or in the Companies Act, 1956 (1 of 1956) or in any other law for the time being in force or in the regulations of the Unit Trust of India, the Chairman, the trustees, executive trustee or any other person entitled to manage the whole or substantial part of the business and affairs of the Trust shall not be entitled to any compensation against the Trust for the loss of office or for the premature termination of any contract of management entered into by him with the Trust.

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Securities and Exchange Board of India (Amendment) Act, 2002 Section 6

Title: Insertion of New Sections 11c and 11d

State: Central

Year: 2002

.....or the securities market; or (b) any intermediary or any person associated with the securities market has violated any of the provisions of this Act or the rules or the regulations made or directions issued by the Board thereunder, it may, at any time by order in writing, direct any person (hereafter in this section referred to as the Investigating Authority) specified in the order to investigate the affairs of such intermediary or persons associated with the securities market and to report thereon to the Board. (2) Without prejudice to the provisions of sections 235 to 241 of the Companies Act, 1956, it shall be the duty of every manager, managing director, officer and other employee of the company and every intermediary referred to in section 12 or every person associated with the securities market to preserve and to produce to the Investigating Authority or any person authorised by it in this behalf, all the books, registers, other documents and record of, or relating to, the company or, as the case may be, of or relating to, the intermediary or such person, which are in their custody or power. (3) The Investigating Authority may require any intermediary or any.....

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Competition Act, 2002 Section 6

Title: Regulation of Combinations

State: Central

Year: 2002

.....investment agreement, as the case may be. Explanation.--For the purposes of this section, the expression-- (a) "foreign institutional investor" has the same meaning as assigned to it in clause (a) of the Explanation to section 115AD of the Income-tax Act, 1961 (43 of 1961); (b) "venture capital fund" has the same meaning as assigned to it in clause (b) of the Explanation to clause (23FB) of section 10 of the Income-tax Act, 1961 (43 of 1961). ________________________________ 1. Substituted by the Competition (Amendment) Act, 2007 [Act No. 39 of 2007] for the words "may, at his or its option,". 2. Substituted by the Competition (Amendment) Act, 2007 [Act No. 39 of 2007] for the words "seven days". 3. Inserted by the Competition (Amendment) Act, 2007 [Act No. 39 of 2007].

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Competition Act, 2002 Chapter 6

Title: Penalties

State: Central

Year: 2002

.....by the Commission or any of its officers authorised by it.]] ___________________________________ 1. Substituted by the Competition (Amendment) Act, 2007 [Act No 39 of 2007]. Prior to substitution it read as: "42. Contravention of orders of Commission.-- (1) Without prejudice to the provisions of this Act, if any person contravenes, without any reasonable ground, any order of the Commission, or any condition or restriction subject to which any approval, sanction, direction or exemption in relation to any matter has been accorded, given, made or granted under this Act or fails to pay the penalty imposed under this Act, he shall be liable to be detained in civil prison for a term which may extend to one year, unless in the meantime the Commission directs his release and he shall also be liable to a penalty not exceeding rupees ten lakhs. (2) The Commission may, while making an order under this Act, issue such directions to any person or authority, not inconsistent with this Act, as it thinks necessary or desirable, for the proper implementation or execution of the order, and any person who commits breach of, or fails to comply with, any obligation imposed on him under.....

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Institutes of Technology (Amendment) Act, 2002 Section 6

Title: Amendment of Section 38

State: Central

Year: 2002

.....who joined classes of the University of Roorkee on or after the commencement of 1994-95 academic session shall, for the purpose of clause (b) of sub-section (1) of section 6, be deemed to have pursued a course of study in the Indian Institute of Technology, Roorkee provided that such student has not already been awarded degree or diploma for the same course of study; (i) if any difficulty arises in giving effect to the provisions of the Institutes of Technology (Amendment) Act, 2002, the Central Government may, by order published in the Official Gazette, make such provisions not inconsistent with the provisions of this Act as may appear to be necessary for removing the difficulty: Provided that no order shall be made under this clause after the expiry of two years from the commencement of the Institutes of Technology (Amendment) Act, 2002: Provided further that every order made under this clause shall be laid, as soon as may be after it is made, before each House of Parliament.". (b) Explanation shall be numbered as Explanation 1 thereof and after Explanation 1 as so numbered, the following Explanation shall be inserted, namely:-- "Explanation 2.--The reference in.....

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Finance Act, 2002 Schedule VI

Title: Sixth Schedule

State: Central

Year: 2002

THE SIXTH SCHEDULE [See section 145(ii)] Heading No. Sub-heading No. Description of Goods Rate of special duty of excise 1 2 3 4 In the Second Schedule to the Central Excise Tariff Act, (1) heading No. 25.02, sub-heading Nos. 2502.21, 2502.30, 2502.40, 2502.50 and 2502.90 and the entries relating thereto shall be omitted; (2) heading No.33.04, sub-heading No.3304.00 and the entries relating thereto shall be omitted; (3) heading No. 33.05, sub-heading No. 3305.99 and the entries relating thereto shall be omitted; (4) heading No. 33.07, sub-heading Nos. 3307.10, 3307.20, 3307.39 and 3307.90 and the entries relating thereto shall be omitted; (5) heading No. 43.01, sub-heading No. 4301.00 and the entries relating thereto shall be omitted; (6) heading No. 89.03, sub-heading No. 8903.00 and the entries relating thereto shall be omitted; (7) heading No. 89.07, sub-heading No. 8907.00 and the entries relating thereto shall be omitted; (8) heading No.93.02, sub-heading No.9302.00 and the entries relating thereto shall be omitted; (9) heading No. 93.03, sub-heading No. 9303.00 and the.....

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Finance Act, 2002 Chapter VI

Title: Central Sales Tax

State: Central

Year: 2002

In the Central Sales Tax Act, 1956(hereinafter referred to as the Central Sales Tax 74 of 1956. Act), in section 2, for clause (g), the following clause shall be substituted, namely:- '(g) "sale", with its grammatical variations and cognate expressions, means any transfer of property in goods by one person to another for cash or deferred payment or for any other valuable consideration, and includes,- (i) a transfer, otherwise than in pursuance of a contract, of property in any goods for cash, deferred payment or other valuable consideration; (ii) a transfer of property in goods (whether as goods or in some other form) involved in the execution of a works contract; (iii) a delivery of goods on hire-purchase or any system of payment by instalments; (iv) a transfer of the right to use any goods for any purpose (whether or not for a specified period) for cash, deferred payment or other valuable consideration; (v) a supply of goods by any unincorporated association or body of persons to a member thereof for cash, deferred payment or other valuable consideration; (vi) a supply, by way of or as part of any service or in any other manner whatsoever, of goods, being food or.....

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Prevention of Terrorism Act, 2002 [Repealed] Chapter VI

Title: Miscellaneous

State: Central

Year: 2002

.....anything inconsistent therewith contained in any enactment other than, this Act or in any instrument having effect by virtue of any enactment other than this Act. Section 57 - Protection of action taken in good faith No suit, prosecution or other legal proceeding shall lie against the Central Government or a State Government or any officer or authority of the Central Government or State Government or any other authority on whom powers have been conferred under this Act, for anything which is in good faith done or purported to be done in pursuance of this Act: Provided that no suit, prosecution or other legal proceedings shall lie against any serving member or retired member of the armed forces or other para-military forces in respect of any action taken or purported to be taken by him in good faith, in the course of any operation directed towards combating terrorism. Section 58 - Punishment and compensation for malicious action (1) Any police officer who exercises powers corruptly or maliciously, knowing that there are no reasonable grounds for proceeding under this Act, shall be punishable with imprisonment which may extend lo two years, or with fine; or.....

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Companies (Second Amendment) Act, 2002 Section 6

Title: Insertion of New Parts Ib and Ic

State: Central

Year: 2002

..... (c) "cost accountant" means a cost accountant as defined in clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959) and who has obtained a certificate of practice under sub-section (1) of section 6 of that Act; (d) "legal practitioner" means an advocate, a vakil or any attorney of any High Court, and includes a pleader in practice. 10GE. Limitation.--The provisions of the Limitation Act, 1963 (36 of 1963) shall, as far as may be, apply to an appeal made to the Appellate Tribunal. 10GF. Appeal to Supreme Court.--Any person aggrieved by any decision or order of the Appellate Tribunal may file an appeal to the Supreme Court within sixty days from the date of communication of the decision or order of the Appellate Tribunal to him on any question of law arising out of such decision or order: Provided that the Supreme Court may, if it is satisfied that the appellant was prevented by sufficient cause from filing the appeal within the said period, allow it to be filed within a further period not exceeding sixty days.'.

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