Bare Act
The Maharashtra Advocated Welfare Fund Act, 1981
General198130 sections
The Maharashtra Advocates Welfare Fund Act, 1981, establishes a dedicated financial safety net for legal practitioners in the state. It creates an "Advocates Welfare Fund" managed by a Trustee Committee, funded primarily through mandatory welfare stamps affixed to Wakalatnamas (legal authorization documents) and annual member subscriptions. The Act provides retirement and death benefits to enrolled advocates who are members of recognized Bar Associations. By ensuring financial support upon cessation of practice or in the event of death, the legislation aims to provide social security to lawyers, helping them and their families manage financial transitions during retirement or unforeseen circumstances.
- 0. Preamble
- 1. Short title, extent and commencement
- 2. Definitions
- 3. Constitution of Advocates Welfare Fund
- 4. Establishment of Trustee Committee
- 5. Disqualifications and removal of nominated members of Trustee Committee
- 6. Resignation by nominated members of Trustee Committee and filling up of casual vacancies
- 7. Members to act during vacancy, acts of Trustee Committee, etc. not to be invalidated by informalities
- 8. Meeting of Trustee Committee
- 9. Travelling and daily allowance to members of Trustee Committee
- 10. Vesting and application of Fund
- 11. Functions of Trustee Committee
- 12. Funds, borrowing and investment
- 13. Powers and duties of Secretary
- 14. Recognition and Registration of Bar Associations
- 15. Duties of Bar Association
- 16. Membership in the Fund
- 17. Payment from the Fund on cessation of practice
- 18. Printing and distribution of stamps and payment of amount of sale proceeds by Bar Council to Trustee Committee
- 19. Wakalatnama to bear stamp
- 20. Cancellation of welfare fund stamp affixed on Wakalatnama
- 21. Exemption from sections 19 and 20 in certain cases
- 22. Appeal against any decisions of Committee
- 23. Group life insurance for members and other benefits for Advocates
- 24. Restriction on alienation, attachment, etc. of interest of member in the Fund
- 25. Protection of action taken in good faith
- 26. Bar of jurisdiction of Civil Courts
- 27. Power to summon witnesses and take evidence
- 28. Power to make regulations
- I. SCHEDULE
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