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Start Free TrialCompanies Act, 1956 Section 657
Title: Saving of Certain Tables Under Previous Companies Laws
State: Central
Year: 1956
Nothing in this Act shall affect (a) Table B in the Schedule annexed to Act No. XIX of 1857, or any part thereof, so far as the same applies to any company existing at the commencement of this Act; (b) Table A in the First Schedule annexed to the Indian Companies Act 1882 (6 of 1882), or any part thereof, so far as the same applies to any company existing at the commencement of this Act; (c) Table A in the First Schedule to the Indian Companies Act 1913 (7 of 1913), either as originally contained in that Schedule or as altered in pursuance of section 151 of that Act, so far as the same applies to any company existing at the commencement of this Act.
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Section 28
Title: Adoption and Application of Table a in the Case of Companies Limited by Shares
State: Central
Year: 1956
(1) The articles of association of a company limited by shares may adopt all or any of the regulations contained in Table A in Schedule I. (2) In the case of any such company which is registered after the commencement of this Act, if articles are not registered, or if articles are registered, insofar as the articles do not exclude or modify the regulations contained in Table A aforesaid, those regulations shall, so far as applicable, be the regulations of the company in the same manner and to the same extent as if they were contained in duly registered articles.
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Section 223
Title: Certain Companies to Publish Statement in the Form in Table F in Schedule I
State: Central
Year: 1956
..... (4) If default is made in complying with any of the requirements of this section, the company, and every officer of the company who is in default, shall be punishable with fine which may extend to1[five hundred rupees] for every day during which the default continues. (5) This section shall not apply to a life assurance company or provident insurance society to which the provisions of the Insurance Act, 1938 (4 of 1938), as to the annual statements to be made by such company or society, apply with or without modifications, if the company or society complies with those provisions. ____________________ 1.Substituted by Act 53 of 2000, Section 106, for "fifty rupees" (w.e.f. 13-12-2000).
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Complete Act
State: Central
Year: 1956
.....as in the (Depositories Act, 1996) (22 of 1996); (12B) "derivative" has the same meaning as in clause (aa) of (S.2 of the Securities Contracts (Regulation) Act, 1956) (42 of 1956);] (13) "director" includes any person occupying the position of director, by whatever name called; (14) "District Court" means the principal Civil Court of original jurisdiction in a district, but does not include a High Court in the exercise of its ordinary original civil jurisdiction ; [(14A) "dividend" includes any interim dividend;] (15) "document" includes summons, notice, requisition, order, other legal process, and registers, whether issued, sent or kept in pursuance of this or any other Act or otherwise ; [(15A) "employees stock option" means the option given to the whole-time directors, officers or employees of a company, which gives such directors, officers or employees the benefit or right to purchase or subscribe at a future date, the securities offered by the company at a pre-determined price;] (16) "existing company" means an existing company as defined in (section 3); (17) "financial year" means, in relation to any body corporate, the period in respect of which.....
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 sectionCompanies Act, 1956 Part 13
Title: General
State: Central
Year: 1956
.....rupees" (w.e.f. 13-12-2000). Section 616 - Application of Act to insurance, banking, electricity supply and other companies governed by special Acts Application of Act to companies governed by special Acts The provisions of this Act shall apply- (a) to insurance companies, except insofar as the said provisions are inconsistent with the provisions of the Insurance Act, 1938 (4 of 1938); (b) to banking companies, except insofar as the said provisions are inconsistent with the provisions of the Banking Companies Act, 1949 (10 of 1949); (c) to companies engaged in the generation or supply of electricity, except insofar as the said provisions are inconsistent with the provisions of 1 [the Indian Electricity Act, 1910 (9 of 1910), or] the Electricity Supply Act, 1948 (54 of 1948); (d) to any other company governed by any special Act for the time being in force, except insofar as the said provisions are inconsistent with the provisions of such special Act; 2 [(e) to such body corporate, incorporated by any Act for the time being in force, as the Central Government may, by notification in the Official Gazette, specify in this behalf, subject to such exceptions,.....
View Complete Act List Judgments citing this sectionMedicinal and Toilet Preparations (Excise Duties) Rules, 1956 Complete Act
State: Central
Year: 1956
.....or, to determine the capacity of any cask or receptacle; (xii) "laboratory" means that part of a non-bonded or bonded manufactory in which the actual manufacture of dutiable goods takes place; (xiii) "manufacturer" means a person to whom a licence has been granted for the manufacture of dutiable goods; (xiv) "officer-in-charge" means an officer of the Excise Department of any State appointed by the collecting Government to supervise work in a bonded manufactory or a bonded warehouse and includes officers of any other Department similarly appointed; (xv) "proper officer" means an Excise Officer in whose jurisdiction the premises of the manufacturer of any dutiable goods, or of any person engaged in the process of manufacture of,or trade in such goods or containers thereof, whether as manufacturer, wholesale dealer, or intended manufacturer or wholesale dealer, are situated; (xvi) "prove" means to test the strength of alcohol by hydrometer or other suitable instrument; (xvii) "quarter" means a period of three months beginning with 1st January, 1st April, 1st July or 1st October; (xviii) "rectified spirit" means plain undenatured alcohol of a strength not less than 50.0.....
List Judgments citing this sectionKhadi and Village Industries Commission Act, 1956 Complete Act
State: Central
Year: 1956
.....for the production and development of Khadi and Village Industries and to deal with other matters incidental thereto. It has, however, been found in actual practice that the work of the Board has been hampered by certain procedural and financial difficulties, difficulties which would be removed if a Commission were set up by law. It is, therefore, proposed to set up a Commission, called the All India Khadi and Village Industries Commission, which will be vested with powers, executive as well as administrative, for the proper development of khadi and village industries. The Bill also provides for the All India Khadi and Village Industries Board functioning as an advisory body which will advise the Commission generally in the discharge of all its duties". -Gazette of India, 1955, Extra., Pt. II, Section 2, p. 212, Amending Act 32 of 1961.- Experience of the administration of the Khadi and Village Industries Commission Act, 1956, has disclosed certain difficulties in its working. The object of the present Bill is to remove such difficulties. Opportunity has been taken to make certain other minor and formal amendments in the Act. The notes on clauses explain in detail the important.....
List Judgments citing this sectionMedical Council Act, 1956 Complete Act
State: Central
Year: 1956
.....ACT, 1956 MEDICAL COUNCIL ACT, 1956 102 of 1956 30th December, 1956 "The objects of this Bill are to amend the Indian Medical Council Act, 1933 (Act 27 of 1933)- (a) to give representation to licentiate members of the medical profession, a large number of whom are still practising in the country, (b) to provide for the registration of the names of citizens of India who have obtained foreign medical qualifications which are not at present recognised .under the existing Act; (e) to provide for the temporary' recognition of medical qualifications granted by medical institutions in countries outside India with which no scheme of reciprocity exists in cases where the medical practitioners concerned are attached for the time being to any medical institution in India for the purpose of teaching or research or for any charitable object; (d) to provide for the formation of a Committee of Post-graduate Medical Education for the purpose of assisting the Medical Council of India to prescribe standards of post-graduate medical education for the guidance of Universities and to advise Universities in the matter of securing uniform standards for post-graduate medical education.....
List Judgments citing this sectionCompanies Act, 1956 Schedule 1
Title: Schedule 1
State: Central
Year: 1956
..... Articles of Association of a Company Limited by Guaranteeand not having a Share Capital Interpretation 1. (1) In these articles - (a) "the Act" means the Companies Act, 1956. (b) "the seal" means the common seal of thecompany. (2) Unless the context otherwise requires, words orexpressions contained in these regulations shall bear the same meaning as inthe Act or any statutory modification, thereof in force at the date at whichthese regulations become binding on the company. Members 2. The number of members with which the company proposesto be registered is 500, but the Board of directors may, from time to time,whenever the company or the business of the company requires it, register an increaseof members. 3. The subscribers to the memorandum and such otherpersons as the Board shall admit to membership shall be members of the company. General meetings 4. All general meetings other than annual general meetingsshall be called extraordinary general meetings. 5. (1) The Board may, whenever it thinks fit, call anextraordinary general meeting. (2) If at any time there are not within India directorscapable of acting, who are sufficient in number to form a.....
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