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Warehousing (Development and Regulation) Act, 2007 | 22 | The Warehousing (Development and Regulation) Act, 2007
22. Presumption in
certain cases. -
In a dispute between
an endorser of a negotiable warehouse receipt and his endorsee unless it is
proved otherwise, it shall be presumed that-
a.
the
endorsement has been made voluntarily;
b.
the
endorsement has bee... |
Warehousing (Development and Regulation) Act, 2007 | 23 | The Warehousing (Development and Regulation) Act, 2007
23. Issue of
duplicate receipt. -
1. No
warehouseman shall issue a warehouse receipt without actually receiving the
goods of the quantity, quality or grade and other particulars as may be
mentioned in the receipt.
2. No
warehouseman shall issue more than one... |
Warehousing (Development and Regulation) Act, 2007 | 24 | The Warehousing (Development and Regulation) Act, 2007
Chapter V The
Warehousing Development and Regulatory Authority
24. Establishment and
incorporation of Authority. -
1. With
effect from such date as the Central Government may, by notification, specify
in this behalf, there shall be constituted an authority to ... |
Warehousing (Development and Regulation) Act, 2007 | 25 | The Warehousing (Development and Regulation) Act, 2007
25. Composition of
Authority.
The Authority shall
consist of -
a.
a
Chairperson; and
b.
not
more than two other members, to be appointed by the Central Government from
amongst persons of ability, integrity and standing who have wide knowledge and
ex... |
Warehousing (Development and Regulation) Act, 2007 | 26 | The Warehousing (Development and Regulation) Act, 2007
26. Tenure of office
of Chairperson and other members. -
1. The
Chairperson and every other member shall hold office for a term not exceeding
five years from the date on which he enters upon his office and shall be
eligible for reappointment: Provided that no ... |
Warehousing (Development and Regulation) Act, 2007 | 27 | The Warehousing (Development and Regulation) Act, 2007
27. Removal from
office. -
1. The
Central Government may remove from office any member who-
a. is, or at any time
has been, adjudged as an insolvent; or
b. has become physically
or mentally incapable of acting as a member; or
c. has been convicted of
an... |
Warehousing (Development and Regulation) Act, 2007 | 28 | The Warehousing (Development and Regulation) Act, 2007
28. Salary,
allowances and other terms and conditions of Chairperson and other members -
Subject to the rules
as may be made in this behalf, the salaries and allowances payable to, and
other terms and conditions of service of-(a) the Chairperson shall be the sam... |
Warehousing (Development and Regulation) Act, 2007 | 29 | The Warehousing (Development and Regulation) Act, 2007
29. Bar on future
employment of members. -
The Chairperson and
the other members shall not, for a period of two years from the date on which
they cease to hold office as such, except with the previous approval of the
Central Government, accept any employment in... |
Warehousing (Development and Regulation) Act, 2007 | 3 | The Warehousing (Development and Regulation) Act, 2007
Chapter II Regulation
of Warehousing Business
3. Requirement of
registration for warehouses issuing negotiable warehouse receipts. -
1. No
person shall commence or carry on the warehousing business unless he has
obtained a registration certificate in respect o... |
Warehousing (Development and Regulation) Act, 2007 | 30 | The Warehousing (Development and Regulation) Act, 2007
30. Chairperson to be
the chief executive of Authority. -
The Chairperson shall
be the chief executive of the Authority. |
Warehousing (Development and Regulation) Act, 2007 | 31 | The Warehousing (Development and Regulation) Act, 2007
31. Meetings of
Authority. -
1. The
Authority shall meet at such times and places and shall observe such rules of
procedure in regard to transaction of business at its meetings (including the
quorum at such meetings) as may be determined by regulations.
2. Th... |
Warehousing (Development and Regulation) Act, 2007 | 32 | The Warehousing (Development and Regulation) Act, 2007
32. Vacancies, etc.,
not to invalidate proceedings of Authority. -
No act or proceeding
of the Authority shall be invalid merely by reason of-
a.
any
vacancy in, or any defect in the constitution of, the Authority; or
b.
any
defect in the appointment ... |
Warehousing (Development and Regulation) Act, 2007 | 33 | The Warehousing (Development and Regulation) Act, 2007
33. Officers and
employees of Authority. -
1. The
Authority may appoint officers and such other employees as it considers
necessary for the efficient discharge of its function under this Act.
2. The
terms and conditions of service of officers and other employ... |
Warehousing (Development and Regulation) Act, 2007 | 34 | The Warehousing (Development and Regulation) Act, 2007
34. Warehousing
Advisory Committee. -
1. The
Authority may, by notification, constitute a Committee to be known as the
Warehousing Advisory Committee to advise the Authority on matters relating to
the making of regulations under section 51 and make recommendat... |
Warehousing (Development and Regulation) Act, 2007 | 35 | The Warehousing (Development and Regulation) Act, 2007
Chapter VI Powers and
Functions of Authority
35. Powers and
functions of Authority. -
1. Subject
to the provisions of this Act and any other law for the time being in force,
the Authority shall have the duty to regulate and ensure implementation of the provisi... |
Warehousing (Development and Regulation) Act, 2007 | 36 | The Warehousing (Development and Regulation) Act, 2007
Chapter VII Finance,
Accounts and Audit
36. Grants by Central
Government. -
The Central
Government may, after due appropriation made by Parliament by law in this
behalf, make to the Authority grants of such sums of money as the Government
may think fit for bei... |
Warehousing (Development and Regulation) Act, 2007 | 37 | The Warehousing (Development and Regulation) Act, 2007
37. Constitution of
fund. -
1. There
shall be constituted a fund to be called the Warehousing Development and
Regulatory Authority Fund and there shall be credited thereto-
a. all Central
Government grants, fees and charges received by the Authority;
b. al... |
Warehousing (Development and Regulation) Act, 2007 | 38 | The Warehousing (Development and Regulation) Act, 2007
38. Accounts and
audit. -
1. The
Authority shall maintain proper accounts and other relevant records and prepare
an annual statement of accounts in such form and manner as may be prescribed by
the Central Government in consultation with the Comptroller and Aud... |
Warehousing (Development and Regulation) Act, 2007 | 39 | The Warehousing (Development and Regulation) Act, 2007
39. Furnishing of
returns, Annual Report, etc., to Central Government. -
1. The
Authority shall furnish to the Central Government at such time and in such form
and manner as may be prescribed, or as the Central Government may direct to
furnish such returns, st... |
Warehousing (Development and Regulation) Act, 2007 | 4 | The Warehousing (Development and Regulation) Act, 2007
4. Registration of
warehouses. -
1. Any
person desirous of commencing or carrying on the business of maintaining a
warehouse issuing negotiable warehouse receipts may make an application to the
Authority for registration in respect of one or more warehouses ow... |
Warehousing (Development and Regulation) Act, 2007 | 40 | The Warehousing (Development and Regulation) Act, 2007
Chapter VIII Powers of
Central Government
40. Powers of Central
Government to issue directions. -
1. Without
prejudice to the foregoing provisions of this Act, the Authority shall, in
exercise of its powers and performance of its functions under this Act, be
... |
Warehousing (Development and Regulation) Act, 2007 | 41 | The Warehousing (Development and Regulation) Act, 2007
41. Power of Central
Government to supersede Authority.
1. If,
at any time, the Central Government is of the opinion-
a. that, on account of
circumstances beyond the control of the Authority, it is unable to discharge
the functions or perform the duties impo... |
Warehousing (Development and Regulation) Act, 2007 | 42 | The Warehousing (Development and Regulation) Act, 2007
Chapter IX Appeals
42. Appeals to
Appellate Authority. -
1. Any
person aggrieved by an order of the Authority made under this Act, or any rules
or the regulations made there under may prefer an appeal to such person or
authority appointed by the Central Govern... |
Warehousing (Development and Regulation) Act, 2007 | 43 | The Warehousing (Development and Regulation) Act, 2007
Chapter X Offences
and Penalties
43. Offences and
penalties. -
1. Any
warehouseman knowingly issuing a negotiable warehouse receipt without taking
the actual physical delivery of the goods in his warehouse or a warehouseman or
an agent or servant of the wareh... |
Warehousing (Development and Regulation) Act, 2007 | 44 | The Warehousing (Development and Regulation) Act, 2007
44. Offences by
companies. -
1. Where
an offence under this Chapter is committed by a company, every person, who at
the time the offence was committed, was in charge of the company or was
responsible for making the deposit, as the case may be, shall be deemed ... |
Warehousing (Development and Regulation) Act, 2007 | 45 | The Warehousing (Development and Regulation) Act, 2007
45. Cognizance of
offences by courts. -
1. No
court shall take cognizance of any offence punishable under this Act, save on a
complaint made by the Authority or by any officer authorised in writing in this
behalf by the authority.
2. No
court inferior to tha... |
Warehousing (Development and Regulation) Act, 2007 | 46 | The Warehousing (Development and Regulation) Act, 2007
Chapter XI
Miscellaneous
46. Chairperson,
members, officers and other employees of Authority to be public servants. -
The Chairperson,
members, officers and other employees of Authority and Appellate Authority
shall be deemed, when acting or purporting to act i... |
Warehousing (Development and Regulation) Act, 2007 | 47 | The Warehousing (Development and Regulation) Act, 2007
47. Protection of
action taken in good faith. -
No suit, prosecution
or other legal proceeding shall lie against the Central Government or any
officer of the Central Government or any member, officer or other employee of
the Authority for anything which is in g... |
Warehousing (Development and Regulation) Act, 2007 | 48 | The Warehousing (Development and Regulation) Act, 2007
48. Delegation of
powers. -
The Authority may, by
general or special order in writing, delegate to the Chairperson or any other
member or officer of the Authority subject to such conditions, if any, as may
be specified in the order, such of its powers and funct... |
Warehousing (Development and Regulation) Act, 2007 | 49 | The Warehousing (Development and Regulation) Act, 2007
49. Exemption from
tax on wealth and income. -
Notwithstanding
anything contained in the Wealth-tax Act, 1957, the Income-tax Act, 1961 or any
other enactment for the time being in force relating to tax on wealth, income,
profits or gains, the Authority shall n... |
Warehousing (Development and Regulation) Act, 2007 | 5 | The Warehousing (Development and Regulation) Act, 2007
5. Registration of
accreditation agencies. -
1. The
Authority shall, from time to time, determine the number of accreditation
agencies as it may authorise to issue certificate of accreditation to
warehouses issuing negotiable warehouse receipts.
2. Any
perso... |
Warehousing (Development and Regulation) Act, 2007 | 50 | The Warehousing (Development and Regulation) Act, 2007
50. Power of Central
Government to make rules. -
1. The
Central Government may, by notification, make rules for carrying out the
provisions of this Act.
2. In
particular, and without prejudice to the generality of the foregoing power,
such rules may provide ... |
Warehousing (Development and Regulation) Act, 2007 | 51 | The Warehousing (Development and Regulation) Act, 2007
50. Power of Central
Government to make rules. -
1. The
Central Government may, by notification, make rules for carrying out the
provisions of this Act.
2. In
particular, and without prejudice to the generality of the foregoing power,
such rules may provide ... |
Warehousing (Development and Regulation) Act, 2007 | 52 | The Warehousing (Development and Regulation) Act, 2007
52. Rules and
regulations to be laid before Parliament -
Every rule made by
the Central Government and every regulation made by the Authority under this
Act shall be laid, as soon as may be after it is made, before each House of
Parliament, while it is in sessi... |
Warehousing (Development and Regulation) Act, 2007 | 53 | The Warehousing (Development and Regulation) Act, 2007
53. Act to have
overriding effect. -
The provisions of
this Act shall have effect notwithstanding anything inconsistent therewith
contained in any other law for time being in force or in any instrument having
effect by virtue of any law other than this Act. |
Warehousing (Development and Regulation) Act, 2007 | 54 | The Warehousing (Development and Regulation) Act, 2007
54. Power to remove
difficulties. -
1. If
any difficulty arises in giving effect to the provisions of this Act, the
Central Government may, by order, published in the Official Gazette, make such
provisions not inconsistent with the provisions of this Act as ap... |
Warehousing (Development and Regulation) Act, 2007 | 55 | The Warehousing (Development and Regulation) Act, 2007
55. Amendment of Act
2 of 1899. -
After section 8B of
the Stamp Act, 1899, the following section shall be inserted,
namely:-`"8C. Negotiable warehouse receipts not liable to stamp duty.
Notwithstanding anything contained in this Act, negotiable warehouse receip... |
Warehousing (Development and Regulation) Act, 2007 | 6 | The Warehousing (Development and Regulation) Act, 2007
Chapter III
Warehousemen
6. Liabilities of
warehousemen. -
1. A
warehouseman is liable for loss of, or injury to, goods caused by his failure
to exercise such care and diligence in regard to the goods as a careful and
vigilant owner of the goods of the same b... |
Warehousing (Development and Regulation) Act, 2007 | 7 | The Warehousing (Development and Regulation) Act, 2007
7. Duties of
warehousemen. -
1. In
the absence of a lawful excuse, a warehouseman shall deliver the goods referred
to in a negotiable receipt, to the holder of the receipt on demand made by the
holder and on the holder fulfilling all the following conditions, ... |
Warehousing (Development and Regulation) Act, 2007 | 8 | The Warehousing (Development and Regulation) Act, 2007
8. Duties of
warehouseman to keep records and accounts of warehouse business. -
1. Every
warehouseman shall keep in a place of safety a complete and accurate set of
records and accounts of all transactions pertaining to the operation of a
warehouse including r... |
Warehousing (Development and Regulation) Act, 2007 | 9 | The Warehousing (Development and Regulation) Act, 2007
9. Special powers of
warehouseman to deal with perishable and hazardous goods. -
1. If
the goods are of a perishable or hazardous nature, or their keeping shall
deteriorate greatly in value or damage other property, the warehouseman may
give notice that is rea... |
Warehousing Corporations (Supplementary) Act, 1965 | 1 | 1. Short title, application and commencement.-
(1) This Act may be called the Warehousing Corporations (Supplementary) Act, 1965.
(2) It shall apply to the State specified in the Schedule:
Provided that the Central Government may, by notification in the Official Gazette, add the name of any other State to the Schedule ... |
Warehousing Corporations (Supplementary) Act, 1965 | 2 | 2. Application of the Act with respect to notified commodities.-
The Warehousing Corporations Act, 1962 (58 of 1962), shall, in its application to the States for the time being specified in the Schedule, have effect as if in clause (e) of section 2 of that Act the words and figures "being a commodity with respect to wh... |
Warehousing Corporations Act, 1962 | 1 | Chapter I
Preliminary
1. Short title, extent and commencement.-
(1) This Act may be called the Warehousing Corporations Act, 1962.
(2) It extends to the whole of India 1* * *.
(3) It shall come into force on such date2 as the Central Government may, by notification in the Official Gazette, appoint. |
Warehousing Corporations Act, 1962 | 10 | 10. Appointment of officers, etc., and their conditions of service.-
(1) The Central Warehousing Corporation may appoint such officers and other employees as it considers necessary for the efficient performance of its functions.
(2) Every person employed by the Central Warehousing Corporation under this Act shall be su... |
Warehousing Corporations Act, 1962 | 11 | 11. Functions of Central Warehousing Corporation.-
Subject to the provisions of this Act, the Central Warehousing Corporation may-
(a) acquire and build godowns and warehouses at such suitable places in India 2[ or aboard] as it thinks fit;
(b) run warehouses for the storage of agricultural produce, seeds, manures, fer... |
Warehousing Corporations Act, 1962 | 12 | 12. Executive Committee.-
(1) There shall be an Executive Committee of the Central Warehousing Corporation which shall consist of-
(a) the Chairman 3*** of the board of directors;
(b) the managing director; and
(c) two other directors chosen by the Corporation in the prescribed manner.
4[(2) The Chairman of the board o... |
Warehousing Corporations Act, 1962 | 13 | 13. Meetings of the Corporation.-
(1) The annual general meeting of the Central Warehousing Corporation (hereinafter referred to as the annual general meeting) shall be held every year either at its head-office or at any other office of the Corporation within six months of the close of the financial year, and any other... |
Warehousing Corporations Act, 1962 | 14 | 14. Grants and loans by the Central Government.-
(1) The Central Government may, after due appropriation made by Parliament by law in this behalf, pay to the Central Warehousing Corporation for the purposes of either fund maintained by the Corporation-
(a) by way of grants, such sums of money as the Central Government ... |
Warehousing Corporations Act, 1962 | 15 | 15. Corporation to maintain two funds.-
The Central Warehousing Corporation shall maintain two separate funds, namely:-
(a) the Central Warehousing Fund (hereinafter referred to as the Warehousing Fund); and
(b) the General Fund. |
Warehousing Corporations Act, 1962 | 16 | 16. Warehousing Fund.-
(1) To the Warehousing Fund shall be credited-
(a) all moneys and other securities transferred to the Central Warehousing Corporation under clause (c) of sub-section (2) of section 43;
(b) such grants and loans as the Central Government may make for the purposes of the Warehousing Fund; and
(c) s... |
Warehousing Corporations Act, 1962 | 17 | 17. General Fund.-
(1) To the General Fund shall be credited-
(a) all sums received by the Central Warehousing Corporation other than those referred to in sub-section (1) of section 16; and
(b) such grants and loans as the Central Government may make for the purposes of the General Fund.
(2) The General Fund shall be a... |
Warehousing Corporations Act, 1962 | 18 | Chapter III
State Warehousing Corporations
18. State Warehousing Corporations.-
(1) The State Government may, by notification in the Official Gazette and with the approval of the Central Warehousing Corporation, establish a Warehousing Corporation for the State under such name as may be specified in the notification.
(... |
Warehousing Corporations Act, 1962 | 19 | 19. Share capital and shareholders.-
(1) The authorised capital of a State Warehousing Corporation shall be such sum not exceeding two crores of rupees as may be prescribed, divided into shares of the face value of one hundred rupees each, of which such number as may be determined by the Corporation in consultation wit... |
Warehousing Corporations Act, 1962 | 2 | 2. Definitions.-
In this Act, unless the context otherwise requires,-
(a) "agricultural produce" means any of the following classes of commodities, namely:-
(i) foodstuffs, including edible oil-seeds;
(ii) cattle fodder, including oil-cakes and other concentrates;
(iii) raw cotton, whether ginned or unginned, and cotto... |
Warehousing Corporations Act, 1962 | 20 | 20. Management of a State Warehousing Corporation.-
(1) The general superintendence and management of the affairs of a State Warehousing Corporation shall vest in a board of directors which shall consist of the following, namely:-
(a) five directors nominated by the Central Warehousing Corporation, of whom one shall be... |
Warehousing Corporations Act, 1962 | 21 | 21. Disqualification for office of director of the corporation.-
A person shall be disqualified for being chosen as, and for being, a director of a State Warehousing Corporation-
(i) if he is found to be a lunatic or becomes of unsound mind; or
(ii) if he is, or at any time has been, adjudicated insolvent or has suspen... |
Warehousing Corporations Act, 1962 | 22 | 22. Removal of directors from office.-
(1) The State Government may, at any time, 2[under intimation to] of the Central Warehousing Corporation, remove the managing director from office after giving him a reasonable opportunity of showing cause against the proposed removal.
(2) The board of directors may remove from of... |
Warehousing Corporations Act, 1962 | 23 | 23. Appointment of officers, etc., and their conditions of service.-
(1) A State Warehousing Corporation may appoint such officers and other employees as it considers necessary for the efficient performance of its functions.
(2) Every person employed by a State Warehousing Corporation under this Act shall be subject to... |
Warehousing Corporations Act, 1962 | 24 | 24. Functions of the State Warehousing Corporation.-
Subject to the provisions of this Act, a State Warehousing Corporation may-
(a) acquire and build godowns and warehouses at such places within the State as it may, 1[after consultation with] the Central Warehousing Corporation, determine;
(b) run warehouses in the St... |
Warehousing Corporations Act, 1962 | 25 | 25. Executive Committee.-
(1) There shall be an Executive Committee of a State Warehousing Corporation which shall consist of-
(a) the Chairman of the board of directors;
(b) the managing director; and
(c) three other directors chosen in the prescribed manner, of whom one shall be a director referred to in clause (a) o... |
Warehousing Corporations Act, 1962 | 26 | Chapter IV
Finance, Accounts and Audit
26. Submission of programme of activities and financial estimates.-
(1) Every Warehousing Corporation shall prepare before the commencement of each year a statement of programme of its activities during the forthcoming year as well as a financial estimate in respect thereof.
(2) A... |
Warehousing Corporations Act, 1962 | 27 | 27. Borrowing powers of Warehousing Corporation.-
(1) A Warehousing Corporation may, in consultation with the Reserve Bank and with the previous approval of the appropriate Government, issue and sell bonds and debentures carrying interest for the purpose of raising funds: Provided that the total amount of bonds and deb... |
Warehousing Corporations Act, 1962 | 28 | 28. Deposit account.-
All moneys belonging to a Warehousing Corporation shall be deposited in the Reserve Bank or the State Bank 4[or any nationalised bank] or, subject to any rules made under this Act, in 5[any other scheduled bank] or co-operative bank. |
Warehousing Corporations Act, 1962 | 29 | 29. Investment of funds.-
A Warehousing Corporation may invest its funds in the securities of the Central or any State Government or in such other manner as may be prescribed by the appropriate Government. |
Warehousing Corporations Act, 1962 | 3 | Chapter II
The Central Warehousing Corporation
3. The Central Warehousing Corporation.-(1) With effect from such date as the Central Government may, by notification in the Official Gazette, specify in this behalf, the Central Government shall establish a Corporation by the name of the Central Warehousing Corporation wh... |
Warehousing Corporations Act, 1962 | 30 | 30. Disposal of profits.-
(1) Every Warehousing Corporation shall establish a reserve fund out of its annual net profits.
(2) After making provision for bad and doubtful debts, depreciation on assets and all other matters which are usually provided for by companies registered and incorporated under the Companies Act, 1... |
Warehousing Corporations Act, 1962 | 31 | 31. Accounts and audit of Warehousing Corporation.-
(1) Every Warehousing Corporation shall maintain proper accounts and other relevant records and prepare an annual statement of accounts including the profit and loss account and the balance sheet in such form as may be prescribed:
Provided that, in the case of the Cen... |
Warehousing Corporations Act, 1962 | 32 | Chapter V
Miscellaneous
32. Vacancies, etc., not to invalidate acts and proceedings of Warehousing Corporations.-No act or proceeding of a Warehousing Corporation shall be invalid by reason only of the existence of any vacancy among its directors or any defect in the constitution thereof. |
Warehousing Corporations Act, 1962 | 33 | 33. Delegation.-
A Warehousing Corporation may, by general or special order in writing, delegate to the Secretary or other officer of the Corporation, subject to such conditions and limitations, if any, as may be specified in the order, such of its powers and functions under this Act as it may deem necessary for the ef... |
Warehousing Corporations Act, 1962 | 34 | 34. Voting rights of shareholders.-In any meeting of the shareholders of a Warehousing Corporation, every member shall have one vote in respect of each share held by him in the Corporation. |
Warehousing Corporations Act, 1962 | 35 | 35. Disputes between Central Warehousing Corporation and State Warehousing Corporation.-
If there is any difference of opinion between the Central Warehousing Corporation and a State Warehousing Corporation regarding their respective functions and powers under this Act, such difference shall be referred to the Central ... |
Warehousing Corporations Act, 1962 | 36 | 36. Declaration of fidelity and secrecy.-
Every director, auditor, officer or other employee of a Warehousing Corporation shall, before entering upon his duties, make a declaration of fidelity and secrecy in the form set out in the Schedule. |
Warehousing Corporations Act, 1962 | 37 | 37. Indemnity of directors.-
(1) Every director of a Warehousing Corporation shall be indemnified by the Corporation concerned against all losses and expenses incurred in the discharge of his duties except such as are caused by his own wilful act or default.
(2) A director of a Warehousing Corporation shall not be resp... |
Warehousing Corporations Act, 1962 | 38 | 38. Offences.-
(1) Whoever, without the consent in writing of a Warehousing Corporation, uses the name of that Corporation in any prospectus or advertisement, shall be punishable with imprisonment which may extend to six months, or with fine which may extend to one thousand rupees, or with both.
(2) No court shall tak... |
Warehousing Corporations Act, 1962 | 39 | 39. Provisions relating to income-tax and super-tax.-
For the purposes of the Income-tax Act, 1961 (43 of 1961), a Warehousing Corporation shall be deemed to be a company within the meaning of that Act and shall be liable to income-tax and super-tax accordingly on its income, profits and gains: Provided that, in the ca... |
Warehousing Corporations Act, 1962 | 4 | 4. Share capital and shareholders.-
(1) The authorised share capital of the Central Warehousing Corporation shall be twenty crores of rupees divided into two hundred thousand shares of the face value of one thousand rupees each; any shares remaining to be issued may be issued, with the sanction of the Central Governmen... |
Warehousing Corporations Act, 1962 | 40 | 40. Winding up of Warehousing Corporations.-
No provision of law relating to the winding up of companies or corporations shall apply to a Warehousing Corporation and any such Corporation shall not be placed in liquidation save by order of the appropriate Government and in such manner as it may direct. |
Warehousing Corporations Act, 1962 | 41 | 41. Power to make rules.-
(1) The appropriate Government may, by notification in the Official Gazette, make rules to carry out the purposes of this Act.
(2) Without prejudice to the generality of the foregoing power, such rules may provide for-
(a) the additional functions which a Warehousing Corporation may perform;
(... |
Warehousing Corporations Act, 1962 | 42 | 42. Power of Warehousing Corporations to make regulations.-
(1) A Warehousing Corporation may, with the previous sanction of the appropriate Government, by notification in the Official Gazette, make regulations not inconsistent with this Act and the rules made thereunder to provide for all matters for which provision i... |
Warehousing Corporations Act, 1962 | 43 | 43. Repeal and savings.-
(1) With effect from the date on which the Central Warehousing Corporation is established under section 3, the Agricultural Produce (Development and Warehousing) Corporations Act, 1956 (28 of 1956), in so far as it has not been repealed by the National Co-operative Development Corporation Act, ... |
Warehousing Corporations Act, 1962 | 5 | 5. Shares to be guaranteed by Central Government and to be trusted or approved securities.-
(1) The shares of the Central Warehousing Corporation shall be guaranteed by the Central Government as to the repayment of the principal and the payment of the annual dividend at such minimum rate as may be fixed by the Central ... |
Warehousing Corporations Act, 1962 | 6 | 6. Management of Central Warehousing Corporation.-
(1) The general superintendence and management of the affairs and business of the Central Warehousing Corporation shall vest in a board of directors who, with the assistance of an Executive Committee and a managing director, may exercise all the powers and discharge al... |
Warehousing Corporations Act, 1962 | 7 | 7. Directors.-
(1) The board of directors referred to in section 6 shall consist of the following, namely:-
(a) six directors to be nominated by the Central Government;
1*****
(c) one director to be nominated by the State Bank;
(d) one director to be elected by other scheduled banks;
(e) one director to be elected by c... |
Warehousing Corporations Act, 1962 | 8 | 8. Disqualification for office of Director of the Central Warehousing Corporation.-
A person shall be disqualified for being chosen as, and for being, a director of the Central Warehousing Corporation-
(i) if he is found to be a lunatic or becomes of unsound mind; or
(ii) if he is, or at any time has been, adjudicated ... |
Warehousing Corporations Act, 1962 | 9 | 9. Removal of directors from office.-
(1) The Central Government may, at any time in consultation with the Central Warehousing Corporation, remove the managing director from office after giving him a reasonable opportunity of showing cause against the proposed removal.
(2) The board of directors may remove from office ... |
Water (Prevention and Control of Pollution) Act, 1974 | 1 | Water (Prevention and Control of Pollution) Act, 1974
1. Short Title, Application and Commencement.
(1) This Act may be called the Water
(Prevention and Control of Pollution) Act, 1974.
(2) It applies in the first instance to the whole of the States of Assam,
Bihar, Gujarat, Haryana, Himachal Pradesh, Jammu and Kash... |
Water (Prevention and Control of Pollution) Act, 1974 | 10 | Water (Prevention and Control of Pollution) Act, 1974
10. Temporary Association of Persons with Board for Particular Purposes.
(1) A Board may associate with itself in such
manner, and for such purposes, as may be prescribed any person whose assistance
or advice it may desire to obtain in performing any of its funct... |
Water (Prevention and Control of Pollution) Act, 1974 | 11 | Water (Prevention and Control of Pollution) Act, 1974
11. Vacancy in Board not to Invalidate Acts or Proceedings.
No act or proceeding of a Board or any
committee thereof shall be called in question on the ground merely of the
existence of any vacancy in or any defect in the constitution of, the Board or
such commi... |
Water (Prevention and Control of Pollution) Act, 1974 | 12 | Water (Prevention and Control of Pollution) Act, 1974
12. Member-Secretary and Officers and Other Employees of Board.
(1) The terms and conditions of service of the
member-secretary shall be such as may be prescribed.
(2) The member-secretary shall exercise such
powers and perform such duties as may be prescribed or... |
Water (Prevention and Control of Pollution) Act, 1974 | 13 | Water (Prevention and Control of Pollution) Act, 1974
13. Constitution of Joint Boards.
(1) Notwithstanding anything contained in this
Act, an agreement may be entered into -
(a) by two or more
Governments of contiguous States; or
(b) by the Central
Government (in respect of one or more Union territories) and one o... |
Water (Prevention and Control of Pollution) Act, 1974 | 14 | Water (Prevention and Control of Pollution) Act, 1974
14. Composition of Joint Boards.
(1) A Joint Board constituted in pursuance of
an agreement entered into under clause (a) of sub-section (1) of section 13
shall consist of the following members, namely :-
(a) a full-time
chairman, being a person having special k... |
Water (Prevention and Control of Pollution) Act, 1974 | 15 | Water (Prevention and Control of Pollution) Act, 1974
15. Special Provision Relating to giving of Directions.
Notwithstanding anything contained in this Act
where any Joint Board is constituted under section 13, -
(a) the Government of the State for which the
Joint Board is constituted shall be competent to give any... |
Water (Prevention and Control of Pollution) Act, 1974 | 16 | Water (Prevention and Control of Pollution) Act, 1974
16. Functions of Central Board.
(1) Subject to the provisions of this Act, the
main function of the Central Board shall be to promote cleanliness of streams
and wells in different areas of the States.
(2) In particular and without prejudice to the generality of t... |
Water (Prevention and Control of Pollution) Act, 1974 | 17 | Water (Prevention and Control of Pollution) Act, 1974
17. Functions of State Board.
(1) Subject to the provisions of this Act, the
functions of a State Board shall be -
(a) to plan a
comprehensive programme for the prevention, control or abatement of pollution
of streams and wells in the State and to secure the exe... |
Water (Prevention and Control of Pollution) Act, 1974 | 18 | Water (Prevention and Control of Pollution) Act, 1974
18. Power to give Direction.
In the performance of its functions under this
Act -
(1) (a) the Central Board shall be bound by
such directions in writing as the Central Government may give to it; and
(b) every State Board
shall be bound by such directions in writ... |
Water (Prevention and Control of Pollution) Act, 1974 | 19 | Water (Prevention and Control of Pollution) Act, 1974
19. Power of State Government to Restrict the Application of the Act to Certain Areas
(1) Notwithstanding anything contained in this
Act, if the State Government, after consultation with, of on the recommendation
of, the State Board, is of opinion that the provis... |
Water (Prevention and Control of Pollution) Act, 1974 | 2 | Water (Prevention and Control of Pollution) Act, 1974
2. Definitions.
In this Act, unless the context otherwise requires.-
(a) "Board" means the Central Board
or a State Board;
(b) "Central Board" means the
Central Pollution Control Board constituted under section 3;
(c) "member" means a member of a
Board and incl... |
Water (Prevention and Control of Pollution) Act, 1974 | 20 | Water (Prevention and Control of Pollution) Act, 1974
20. Power to Obtain Information.
(1) For the purpose of enabling a State Board
to perform the functions conferred on it by or under this Act, the State Board
or any officer empowered by it in that behalf, may make surveys of any area and
gauge and keep records o... |
Water (Prevention and Control of Pollution) Act, 1974 | 21 | Water (Prevention and Control of Pollution) Act, 1974
21. Power to Take Samples of Effluents and Procedure to be Followed in Connection Therewith.
(1) A State Board or any officer empowered by
it in this behalf shall have power to take for the purpose of analysis samples
of water from any stream or well or samples o... |
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