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TypeBare Act JurisdictionCentral Government

Forward Contracts (Regulation) Act, 1952 Section 10

Power of Central Government to direct rules to be made or to make rules

~1 min read
https://sooperkanoon.com/act/441623

Bare act section · Research

About this section

Forward Contracts (Regulation) Act, 1952 Section 10 is part of Forward Contracts (Regulation) Act, 1952 - Power of Central Government to direct rules to be made or to make rules. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

Section 9 (28-12-1960).

1) Whenever the Central Government considers it expedient so to do, it may, by order in writing, direct any recognised association to make any rules or to amend any rules made by the recognised association within such period as it may specify in this behalf.

(2) If any recognised association, against whom an order is issued by the Central Government under sub-section (1), fails or neglects to comply with such order within the specified period, the Central Government may make the rules or amend the rules made by the recognised association, as the case may be, either in the form specified in the order or with such modification thereof as the Central Government may think fit. 1 [(3) Where, in pursuance of sub-section (2), any rules have been made or amended, the rules so made or amended shall be published in the Gazette of India, and shall, thereupon, have effect notwithstanding anything to the contrary contained in the Companies Act, 1956, or any other law for the time being in force, as if they had been made or amended by the recognised association concerned.] _______________________________ 1 . Substituted for former sub-section (3) by Act 62 of 1960,

Frequently asked questions

What does Forward Contracts (Regulation) Act, 1952 Section 10 provide?

Section Section 10 of the Forward Contracts (Regulation) Act, 1952 (Power of Central Government to direct rules to be made or to make rules) is reproduced on this page as part of the Forward Contracts (Regulation) Act, 1952. 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 Forward Contracts (Regulation) Act, 1952 Section 10?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Forward Contracts (Regulation) Act, 1952 Section 10. Advanced act search can narrow results by court, year, or additional act filters.

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