Title : Substitution of New Section for Section 637a
State : Central
Year : 2002
For section 637A of the principal Act, the following section shall be substituted, namely:-- "637A. Power of Central Government or Tribunal to accord approval, etc., subject to conditions and to prescribe fees on applications.-- (7) Where the Central Government or Tribunal is required or authorised by any provision of this Act,-- (a) to accord approval, sanction, consent, confirmation or recognition to or in relation to, any matter; or (b) to give any direction in relation to any matter; or (c) to grant any exemption in relation to any matter, then, in the absence of anything to the contrary contained in such or any other provision of this Act, the Central Government or Tribunal may accord, give or grant such approval, sanction, consent, confirmation, recognition, direction or..... View Complete Act List Judgments citing this sectionTitle : Substitution of New Section for Section 640a
State : Central
Year : 2002
For section 640A of the principal Act, the following section shall be substituted, namely:-- "640A. Exclusion of time required in obtaining copies of order of Court or Tribunal.-- Except as expressly provided in this behalf elsewhere in this Act, where by any provision of this Act, any order of the Court or Tribunal is required to be filed with the Registrar, or a company or any other person within a period specified therein, then, in computing that period, the time taken in drawing up the order and in obtaining a copy thereof shall be excluded.". View Complete Act List Judgments citing this sectionTitle : Substitution of New Section for Section 515
State : Central
Year : 2002
For section 515 of the principal Act, the following section shall be substituted, namely:-- "515. Power of Tribunal to appoint and remove liquidator in voluntary winding up.-- (1) If from any cause whatever, there is no liquidator acting, the Tribunal may appoint the Official Liquidator or any other person as a liquidator. (2) The Tribunal may, on cause shown, remove a liquidator and appoint the Official Liquidator or any other person as a liquidator in place of the removed liquidator. (3) The Tribunal may also appoint or remove a liquidator on the application made by the Registrar in this behalf. (4) If the Official Liquidator is appointed as liquidator under the proviso to sub-section (2) of section 502 or under this section, the remuneration to be paid to him shall be fixed..... View Complete Act List Judgments citing this sectionTitle : Insertion of New Parts Ib and Ic
State : Central
Year : 2002
After Part IA of the principal Act, the following Parts shall be inserted, namely:-- 'PART IB National Company Law Tribunal 10FB. Constitution of National Company Law Tribunal.--The Central Government shall, by notification in the Official Gazette, constitute a Tribunal to be known as the National Company Law Tribunal to exercise and discharge such powers and functions as are, or may be, conferred on it by or under this Act or any other law for the time being in force. 10FC. Composition of Tribunal.--The Tribunal shall consist of a President and such number of Judicial and Technical Members not exceeding sixty-two, as the Central Government deems fit, to be appointed by that Government, by notification in the Official Gazette. 10FD. Qualifications for appointment of President..... View Complete Act List Judgments citing this sectionTitle : Insertion of New Part Via
State : Central
Year : 2002
After Part VI of the principal Act, the following Part shall be inserted, namely:-- 'PART VIA Revival and Rehabilitation of Sick Industrial Companies 424A. Reference to Tribunal.--(1) Where an industrial company, has become a sick industrial company, the Board of directors of such company shall make a reference to the Tribunal, and prepare a scheme of its revival and rehabilitation and submit the same to the Tribunal along with an application containing such particulars as may be prescribed, for determination of the measures which may be adopted with respect to such company: Provided that nothing contained in this sub-section shall apply to a Government company: Provided further that a Government company may, with the prior approval of the Central Government or a State..... View Complete Act List Judgments citing this sectionTitle : Companies (Second Amendment) Act, 2002
State : Central
Year : 2002
THE COMPANIES (SECOND AMENDMENT) ACT, 2002 [Act, No. 11 of 2003] [13th January 2003] PREAMBLE An Act further to amend the Companies Act, 1956. BE it enacted by Parliament in the Fifty-Third Year of the Republic of India as follows:-- View Complete Act List Judgments citing this sectionTitle : Constitution (Scheduled Castes) Orders (Second Amendment) Act, 2002
State : Central
Year : 2002
Preamble1 - CONSTITUTION (SCHEDULED CASTES) ORDERS (SECOND AMENDMENT) ACT, 2002 Section1 - Short title Section2 - Amendment of Scheduled Castes Orders ScheduleI - FIRST SCHEDULE ScheduleII - SECOND SCHEDULE ScheduleIII - THIRD SCHEDULE ScheduleIV - FOURTH SCHEDULE ScheduleV - FIFTH SCHEDULE List Judgments citing this sectionTitle : Schedule
State : Central
Year : 2002
THE SCHEDULE (See section 121) AMENDMENTS TO THE INSURANCE ACT, 1938 (4 OF 1938) 1. Section 2,-- (a) in clause (5), for "the Indian Companies Act, 1913 (7 of 1913)", substitute "the Companies Act, 1956 (1 of 1956)"; (b) after clause (13B), insert the following:-- '(13BA) "National Company Law Tribunal" means the National Company Law Tribunal constituted under section 10FB of the Companies Act, 1956 (1 of 1956); (13BB) "the National Company Law Appellate Tribunal" means the National Company Law Appellate Tribunal constituted under sub-section (1) of section 10FR of the Companies Act, 1956 (1 of 1956);'. 2. Section 53,-- (a) for sub-section (1), substitute the following, namely:-- "(1) The Tribunal may order the winding up in accordance with the Companies Act, 1956 (1..... View Complete Act List Judgments citing this sectionTitle : Salaries and Allowances of Officers of Parliament (Second Amendment) Act, 2002
State : Central
Year : 2002
Preamble1 - SALARIES AND ALLOWANCES OF OFFICERS OF PARLIAMENT (SECOND AMENDMENT) ACT, 2002 Section1 - Short title and commencement Section2 - Insertion of new section 7A List Judgments citing this sectionTitle : Representation of the People (Second Amendment) Act, 2002
State : Central
Year : 2002
Preamble1 - REPRESENTATION OF THE PEOPLE (SECOND AMENDMENT) ACT, 2002 Section1 - Short title Section2 - Amendment of Fourth Schedule to Act 43 of 1950 List Judgments citing this section