Bare Act Search Results

Companies Act, 1956 Chapter 6

Title: Prevention of Oppression and Mismanagement

State: Central

Year: 1956

.....1963, Section 11, for "are being conducted" (w.e.f. 1-1-1964). 3 . The words "or of its managing agent or secretaries and treasurers," omitted by Act 53 of 2000, Section 178 (w.e.f. 13-12-2000). 4 . Inserted by Act 65 of 1960, Section 153 (w.e.f. 28-12-1960). 5 . Certain words omitted by Act 53 of 2000, Section 178 (w.e.f. 13-12-2000). 6 . Substituted by Act 53 of 1963, Section 11, for "will be conducted" (w.e.f. 1-1-1964). Section 399 - Right to apply under sections 397 and 398 (1) The following members of a company shall have the right to apply under section 397 or 398:- (a) in the case of a company having a share capital, not less than one hundred members of the company or not less than one-tenth of the total number of its members, whichever is less or any members or members holding not less than one-tenth of the issued share capital of the company, provided that the applicant or applicants have paid all calls and other sums due on their shares; (b) in the case of a company not having a share capital, not less than one-fifth of the total number of its members. (2) For the purposes of sub-section (1), where any share or shares are held by two or more persons.....

Companies Act, 1956 Section 398

Title: Application to Tribunal for Relief in Cases of Mismanagement

State: Central

Year: 1956

.....or that by reason of any material change as aforesaid in the management or control of the company, it is likely that the affairs of the company will be conducted as aforesaid, the1[Tribunal] may, with a view to bringing to an end or preventing the matters complained of or apprehended, make such order as it thinks fit. ________________________ 1.Substituted by Act 31 of 1988, Section 67, for "Court" (w.e.f. 31-5-1991) and again Substituted by Act 11 of 2003, Section 44, for "Company Law Board". 2.Substituted by Act 53 of 1963, Section 11, for "are being conducted" (w.e.f. 1-1-1964). 3 . The words "or of its managing agent or secretaries and treasurers," omitted by Act 53 of 2000, Section 178 (w.e.f. 13-12-2000). 4 . Inserted by Act 65 of 1960, Section 153 (w.e.f. 28-12-1960). 5 . Certain words omitted by Act 53 of 2000, Section 178 (w.e.f. 13-12-2000). 6 . Substituted by Act 53 of 1963, Section 11, for "will be conducted" (w.e.f. 1-1-1964).

Companies Act, 2013, Chapter XVI

Title: Prevention of Oppression and Mismanagement

State: Central

Year: 2013

Chapter XVI PREVENTION OF OPPRESSION AND MISMANAGEMENT

Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972 Complete Act

State: Central

Year: 1972

.....abilities and obligations of whatever kind then subsisting of the old company in relation to the (2) Unless otherwise expressly provided by this Act, all contracts, deeds, bonds, powers of attorney, grants of legal representation and other instruments of whatever nature having effect immediately before the appointed day which relate to the undertaking of the old shall be of as full force and effect in favour of the Central Government, and on the transfer of undertaking to the new company, of such new company and may be enforced or acted upon as fully effectively as if they had related to the Central Government or the new company, as the case may (3)(a) If, on the appointed day, a proceeding instituted by the old company in relation to undertaking referred to in section 3-is pending, such proceeding may, as from that day be continue the Central Government or, on the transfer of the undertaking to the new company, by the new comp (b) If, on the appointed day, any cause of action is existing against the old company in the undertaking referred to in section 3-, such cause of action may, as from that day, be enforced the Central Government or, on the transfer of the undertaking to.....

Bird and Company Limited (Acquisition and Transfer of Undertakings and Other Properties) Act, 1980 Complete Act

State: Central

Year: 1980

.....to be provided by the Central Government 3. Messrs. Bird and Company Limited is a lading company in a group of 23 other companies engaged in manufacturing, mining, trading and investment activities. While two of the companies are subsidiaries of the Company, the other companies in the group are under varying degrees of control of the company through its direct shareholding or by shareholding by the investment companies in the group. The Company provides marketing and management services to some of the group companies. The manufacturing companies in the group are engaged in production of goods which are vital to the needs of' the country. There had been .several allegations against the management of some of these companies indicating misuse of the companies, mismanagement, misfeasance or malfeasance. The Company Law Board ordered investigations in 1977 under section 237 (b) of the Companies Act, 1956, in respect of some of these companies. Four of the companies have already been nationalised. Management of two of the companies has been taken over under the provisions of the Industries ( Development and Regulation) Act. 1951. It was in the public interest to acquire the.....

The Chhattisgarh Private Universities (Establishment and Operation) Act, 2005 Complete Act

State: Chattisgarh

Year: 2005

....."All India Council of Technical Education" means All India Council of Technical Education established under All India Council of Technical Education Act, 1987 (Central Act No. 52 of 1987); (3) "Bar Council of India" means Bar Council of India constituted under Section 4 of the Advocates Act, 1961 (No. 25 of 1961); (4) "Board of Management" means Board of Management of the Private University; (5) "Chancellor" means Chancellor of the Private University; (6) "Chief Finance and Accounts Officer" means Chief Finance and Accounts Officer of the Private University; (7) "Distance Education Council" means Distance Education Council established under Section 28 of Indira Gandhi National Open University Act, 1985 (No. 50 of 1985); (8) "Endowment Fund" means Endowment Fund of the Private University; (9) "Fee" means collection made by the Private University from the students, by whatever name it may be called; (10) "Government" means Government of Chhattisgarh; (11) "Governor" means Governor of Chhattisgarh; (12) "Governing Body" means Governing Body of the Private University; (13) "Higher Education " means study of curriculum or course for the pursuit of knowledge.....

Companies 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.....

Birds & Company Limited Acquistion & Transfer of Undertakings & Other Properties Act, 1980 Preamble 1

Title: Bird and Company Limited ( Acquisition and Transfer of Undertakings ) Act, 1980

State: Central

Year: 1980

.....are not mismanaged and for matters connected therewith or incidental thereto. WHEREAS The Bird and Company Limited were engaged in the manufacture of E.O.T.cranes and other varieties of cranes; polystyrene based cation exchange resin; equipment for fertilizers, oil refineries, steel plants, petro-chemical and other industries; tanks and vessels of various shapes and sizes, water treatment equipment and other types of equipment for the control of water pollution and were also engaged in various other activities; and WHEREAS the top management of the Bird and Company Limited had so mismanaged the affairs of that Company as to cause heavy losses to the Company and had also managed the affairs of the Company in a manner prejudicial to the interests of the Company and the public interest; and WHEREAS in view of the mismanagement aforesaid, the Central Government had, in pursuance of the provisions of section 408 of the Companies Act, 1956( 1 of 1956 ), appointed six directors on the Board of directors of the Bird and Company Limited; and WHEREAS investment of a large amount is necessary for the maintenance and development of the production of the undertakings of the.....

The [Tamil Nadu] Hindu Religious and Charitable Endowments Act, 1959 Complete Act

State: Tamil Nadu

Year: 1959

THE [TAMIL NADU] HINDU RELIGIOUS AND CHARITABLE ENDOWMENTS ACT, 1959 THE 1 [TAMIL NADU] HINDU RELIGIOUS AND CHARITABLE ENDOWMENTS ACT, 1959 1 [Act No. 22 of 1959] 2 [2nd December, 1959] PREAMBLE An Act to amend and consolidate the law relating to the administration and governance of Hindu Religious and Charitable Institutions and Endowments in the 3[State of Tamil Nadu]; WHEREAS it is expedient to amend and consolidate the law relating to the administration and governance of Hindu Religious and Charitable Institutions and Endowments in the 3[State of Tamil Nadu]; BE it enacted in the Tenth Year of the republic of India as follows:- ________________________ 1. These words were substituted for the word "Madras" by the Tamil Nadu Adaptation of Laws Order, 1969, as amended by the Tamil Nadu Adaptation of Laws (Second Amendment) Order, 1969. 2. For the Statement of Objects and Reasons, See Fort St. George Gazette Extraordinary, dated the 13th April 1959, Part IV-A, page 213. This Act as amended by sub-section (2) of section 11 of the Tamil Nadu (Added Territories) Extension of Laws Act, 1962 (Tamil Nadu Act 14 of 1962) was extended to the Added.....

Companies Act, 1956 Complete Act

Title: Companies Act, 1956

State: Central

Year: 1956

.....to winding up Section644 - Repeal of Acts specified in Schedule XII Section645 - Saving of orders, rules, etc., in force at commencement of Act Section646 - Saving of operation of section 138 of Act 7 of 1913 Section647 - Saving of pending proceedings for winding up Section647A - Transfer of winding up proceedings to Tribunal Section648 - Saving of prosecutions instituted by liquidator or court under section 237 of Act 7 of 1913 Section649 - Construction of references to former enactments in documents Section650 - Construction of "registrar of joint stock companies" in Act 21 of 1860 [Repealed] Section651 - Construction of references to extraordinary resolution in articles, etc. Section651A - Reference of winding up of companies in other laws Section652 - Appointment under previous companies laws to have effect as if made under Act Section653 - Former registration offices continued Section654 - Registers under previous companies laws to be deemed to be part of registers under Act Section655 - Funds and accounts under Act to be in continuation of funds and accounts under previous companies law Section656 - Saving of incorporation under repealed Acts .....