by Administrator | Jul 27, 2014 | Banking Laws, Law Reviews, Miscellaneous Laws
The chit fund is a type of banking scheme aimed to save money under different plans. In India, the chit funds are regulated by the Chit Funds Act of 1982 enacted on August 19, 1982. The Act defines ‘chit’ as any deal or transaction which can be called in different...
by Administrator | Jul 27, 2014 | Law Reviews, Miscellaneous Laws
The Commissions of Inquiry Act was enacted on August 14, 1952 for the purpose of appointing Commissions of Inquiry and to impose certain functions and powers on such Commissions. The application of the Act extends o the State of Jammu and Kashmir in matters relating...
by Administrator | Jul 27, 2014 | Law Reviews, Miscellaneous Laws
The Central Road Fund Act was enacted on December 27, 2000 and enforced with retrospective operation on November 1, 2000 for the purpose of granting statutory recognition to subsisting road funds of the Central Government which is administered by the Resolution...
by Administrator | Jul 26, 2014 | Education Laws, Law Reviews, Miscellaneous Laws
The Parliament passed Academy of Scientific and Innovative Research Act in 2012 for the purpose of facilitating the Council of Scientific and Industrial Research to initiate an Academy. This Academy will award post graduate as well as PhD degree subsequent to some...
by Administrator | Jul 26, 2014 | Law Reviews, Miscellaneous Laws
The Absorbed Areas (Laws) Act was enacted on April 30, 1954 which was modified several times. It is an Act that extends to some of the enactments to areas which were administered and managed as excluded or areas that are partly excluded before to the initiation of the...
