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Start Free TrialCompanies Act, 1956 Chapter 2
Title: Incorporation of Producer Companies and Other Matters
State: Central
Year: 1956
.....thereof, and the Producer Company shall not, under any circumstance, whatsoever, become or be deemed to become a public limited company under this Act. Section 581D - Membership and voting rights of Members of Producer Company (1) (a) In a case where the membership consists solely of individual members, the voting rights shall be based on a single vote for every Member, irrespective of his shareholding or patronage of the Producer Company. (b) In a case where the membership consists of Producer institutions only, the voting rights of such Producer institutions shall be determined on the basis of their participation in the business of the Producer Company in the previous year, as may be specified by articles: Provided that during the first year of registration of a Producer Company, the voting rights shall be determined on the basis of the shareholding by such Producer institutions. (c) In a case where the membership consists of individuals and Producer institutions, the voting rights shall be computed on the basis of a single vote for every Member. (2) The articles of any Producer Company may provide for the conditions, subject to which a Member may continue to.....
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Section 581J
Title: Option to Inter-stateco-operative Societies to Become Producer Companies
State: Central
Year: 1956
.....of which it is a constituent, as the case may be, and any federation or unions of such co-operatives, which has so extended any of its objects or activities outside the State, shall be eligible to make an application under sub-section (1) and to obtain registration as a Producer Company under this Part. (6) The inter-State co-operative society shall, upon registration under sub-section (1), stand transformed into a Producer Company, and thereafter shall be governed by the provisions of this Part to the exclusion of the law by which it was earlier governed, save in so far as anything done or omitted to be done before its registration as a Producer Company, and notwithstanding anything contained in any other law for the time being in force, no person shall have any claim against the cooperative institution or the company by reason of such conversion or transformation. (7) Upon registration as a Producer Company, the Registrar of Companies who registers the company shall forthwith intimate the Registrar with whom the erstwhile inter-State co-operative society was earlier registered for appropriate deletion of the society from its register.
View Complete Act List Judgments citing this sectionTrade Unions Act, 1926 Chapter II
Title: Registration of Trade Unions
State: Central
Year: 1926
.....Union shall not be entitled to registration under this Act, unless the executive thereof is constituted in accordance with the provisions of this Act, and the rules thereof provide for the following matters, namely:- (a) the name of the Trade Union; (b) the whole of the objects for which the Trade Union has been established;. (c) the whole of the purposes for which the general funds of the Trade Union shall be applicable, all of which purposes shall be purposes to which such funds are lawfully applicable under this Act; (d) the maintenance of a list of the members of the Trade Union and adequate facilities for the inspection thereof by the1[office-bearers] and members of Trade Union; (e) the admission of ordinary members who shall be persons actually engaged or employed in an industry with which the Trade Union is connected, and also the admission of the number of honorary or temporary members as1[office-bearers] required under section 22 to form the executive of the Trade Union; 2[(ee) the payment of a minimum subscription by members of the Trade Union which shall not be less than- (i) one rupee per annum for rural workers; (ii) three rupees per annum for.....
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Part 2
Title: Incorporation of Company and Matters Incidental Thereto
State: Central
Year: 1956
.....and again Substituted by Act 5 of 1997, Section 3 (w.e.f. 1-3-1997). 2. Substituted for "Company Law Board" by Companies (Second Amendment) Act, 2002. 3. Inserted by Act 65 of 1960, Section 7 (w.e.f. 28-12-1960). Section 19 - Effect of failure to register (1) No such alteration as is referred to in section 17 shall have any effect until it has been duly registered in accordance with the provisions of section 18. 1[(2) If the documents, required to be filed with the Registrar under section 18 are not filed within the time allowed under that section, such alteration and the order of the2[Central Government] made under sub-section (5) of section 17 and all proceedings connected therewith shall, at the expiry of such period, become void and inoperative: Provided that the2[Central Government] may, on sufficient cause shown, revive the order on application made within a further period of one month.] _____________________ 1. Substituted by Act 65 of 1960, Section 8, for sub-section (2) (w.e.f. 28-12-1960). 2. Substituted for "Company Law Board" by Companies (Second Amendmet) Act, 2002. Section 20 TO 25 - Provision with respect to names of companies Section.....
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Chapter 12
Title: Reconversion of Producer Company to Inter-state Co-operative Society
State: Central
Year: 1956
.....Act, 1913 (7 of 1913), or in any Act repeated by that Act shall be read as references to the corresponding provision, if any, contained in this Act. COMPANIES ACT, 1956Part 11 - COMPANIES INCORPORATED OUTSIDE INDIA Section 591 to 602 - Provisions as to establishment of places of business in India Section 591 - Application of sections 592 to 602 to foreign companies 1 [(1)] Sections 592 to 602, both inclusive, shall apply to all foreign companies, that is to say, companies falling under the following two classes, namely:- (a) companies incorporated outside India which, after the commencement of this Act, establish a place of business within India; and (b) companies incorporated outside India which have, before the commencement of this Act, established a place of business within India and continue to have an established place of business within India at the commencement of this Act. 2 [(2) Notwithstanding anything contained in sub-section (1), where not less than fifty per cent of the paid up share capital (whether equity or preference or partly equity and partly preference) of a company incorporated outside India and having an established place of business in.....
View Complete Act List Judgments citing this sectionIron and Steel Companies Amalgamation Act, 1952 [Repealed] Preamble 1
Title: Iron and Steel Companies Amalgamation Act, 1952
State: Central
Year: 1952
..... PREAMBLE An Act to make special provision, in the interests of the general public and the Union, for the amalgamation of certain companies closely connected with each other in the manufacture and production of iron and steel, and for matters connected therewith or incidental thereto. WHEREAS for the purpose of securing, in the interest of the general public and the Union, the efficient and economical expansion and working of the iron and steel industry in India, it is essential that the Steel Corporation of Bengal, Limited, and the Indian Iron and Steel Company, Limited, which are engaged in the manufacture and production of iron and steel, should be amalgamated. AND WHEREAS to give effect to the scheme of the Central Government for the expansion of the iron and steel industry and to make available further resources for such expansion, it is necessary that the said companies should be amalgamated with as little delay as possible; AND WHEREAS the amalgamation of the said companies is also in pursuance of successive recommendations made by the Tariff Board and the Tariff Commission; BE it enacted by Parliament as follows :--
View Complete Act List Judgments citing this sectionTrade Unions Act, 1926 Section 14
Title: Certain Acts Not to Apply to Registered Trade Unions
State: Central
Year: 1926
.....the dispute. The decision of the Industrial Court shall be final and shall not be called in question in any Court of law. (3) Pending the disposal of the reference, the Industrial Court may make an interim order specifying the persons who shall be deemed to be the lawful officers of the Trade Union or the members of the executive thereof, as the case may be, until the decision of the dispute. (4) No civil Court shall entertain any civil suit or other proceeding in relation to disputes mentioned in this section." _________________________ 1. Substituted by Act 42 of 1960, section 7, for clause (c). The original clauses (c) and (d) were repealed by Act 25 of 1942, section 2 and Schedule 1. 2. Vide Gujarat Act, 7 of 1962, sec. 7 (w.e.f. 1-7-1962).
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Section 620B
Title: Special Provision as to Companies in Goa, Daman and Diu
State: Central
Year: 1956
1[Special provisions as to companies in Goa, Daman and Diu The Central Government may, by notification in the Official Gazette, direct that for such period or periods with effect from the 26 th January, 1963 , or any subsequent date, any of the provisions of this Act specified in the notification shall not apply, or shall apply only with such exceptions and modifications or adaptations as may be specified in the notification, to - (a) any existing company in the Union Territory of Goa, Daman and Diu; (b) any company registered in the said Union territory under this Act on or after the 26 th January, 1963 .] _________________________ 1. Inserted by Reg. 2 of 1963, Section 9.
View Complete Act List Judgments citing this sectionTrade Unions Act, 1926 Chapter III
Title: Rights and Liabilities of Registered Trade Unions
State: Central
Year: 1926
.....officers shall be deemed to be public servants within the meaning of section 21 of the Indian Penal Code, 1860 (45 of 1860). 28 L. Protection of action under the Act.--No suit, prosecution or other legal proceeding shall lie against any person for anything which is in good faith done or purported to be done under this Act. (3) A copy of every alteration made in the rules of a registered Trade Union shall be sent to the Registrar within fifteen days of the making of the alteration. 8 [(4) For the purpose of examining the documents referred to in sub-sections (1), (2) and (3), the Registrar, or any officer authorised by him by general or special order, may at all reasonable times inspect the certificate of registration, account books, registers, and other documents, relating to a Trade Union, at its registered office or may require their production at such place as he may specify in this behalf, but no such place shall be at a distance of more than ten miles from the registered office of a Trade Union.] ______________________ 1. Substituted by Act 38 of 1964, section 6, for "March" (w.e.f. 1-4-1965). 2. Substituted by Act 38 of 1964, section 2, for "officer" (w.e.f......
View Complete Act List Judgments citing this sectionGovernment of Union Territories Act, 1963 Amending Act 1
Title: Government of Union Territories and the Government of National Capital Territory of Delhi (Amendment) Act, 2001
State: Central
Year: 1963
.....ACT, 1963 2. Amendment of section 23 In section 23 of the Government of Union Territories Act, 1963 (hereinafter referred to as the principal Act), in sub-section (1), for clause (e), the following clause shall be substituted, namely:- "(e) the receipt of money on account of the Consolidated Fund of the Union territory or the public account of the Union territory or the custody or issue of such money or the audit of the accounts of the Union territory:". 3. Amendment of section 47 In section 47 of the principal Act, for the words "all bans advanced to the Union territory from the Consolidated Fund of India", the words "all loans advanced to the Union territory from the Consolidated Fund of India and all loans raised by the Government of India or the Administrator of the Union territory upon the security of the Consolidated Fund of the Union territory" shall be substituted. 4. Insertion of new section 47A After section 47 of the principal Act, the following section shall be inserted, namely:-- '47A. Public Account of the Union territory and moneys credited to it.-- (1) As from such date as the Central Government may, by notification in the Official Gazette,.....
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