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TypeBare Act JurisdictionCentral Government

Companies Act, 1956 Section 620A

Power to Modify Act in Its Application to Nidhis, Etc.

~1 min read
https://sooperkanoon.com/act/11702

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About this section

Companies Act, 1956 Section 620A is part of Companies Act, 1956 - Power to Modify Act in Its Application to Nidhis, Etc.. Read the section text below and explore Indian court judgments that cite it.

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Section Text

1 [Modification of Act in its application to Nidhis and Mutual Benefit Societies

(1) In this section, "Nidhi" or "Mutual Benefit Society" means a company which the Central Government may, by notification in the Official Gazette, declare to be a Nidhi or Mutual Benefit Society, as the case may be.

(2) The Central Government may, by notification in the Official Gazette, direct that any of the provisions of this Act specified in the notification-

(a) shall not apply to any Nidhi or Mutual Benefit Society, or

(b) shall apply to any Nidhi or Mutual Benefit Society with such exceptions, modifications and adaptations as may be specified in the notification.

(3) A copy of every notification issued under sub-section (1) shall be laid as soon as may be after it is issued, before each House of Parliament.]

_________________________

1. Inserted by Act 65 of 1960, Section 201 (w.e.f. 28-12-1960).

Frequently asked questions

What does Companies Act, 1956 Section 620A provide?

Section Section 620A of the Companies Act, 1956 (Power to Modify Act in Its Application to Nidhis, Etc.) is reproduced on this page as part of the Companies Act, 1956. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Companies Act, 1956 Section 620A?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Companies Act, 1956 Section 620A. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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