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Caltex [Acquisition of Shares of Caltex Oil Refining (India) Limited and of the Undertakings in India of Caltex (India) Limited) Act, 1977 Complete Act

State : Central

Year : 1977

CALTEX [ACQUISITION OF SHARES OF CALTEX OIL REFINING (INDIA) LIMITED AND OF THE UNDERTAKINGS IN INDIA OF CALTEX (INDIA) LIMITED) ACT, 1977 CALTEX [ACQUISITION OF SHARES OF CALTEX OIL REFINING (INDIA) LIMITED AND OF THE UNDERTAKINGS IN INDIA OF CALTEX (INDIA) LIMITED) ACT, 1977 17 of 1977 23rd April, 1977 STATEMENT OF OBJECTS AND REASONS The Caltex Petroleum Corporation (a foreign company) had the ownership of, and control over, a significant portion of the petroleum products marketed and distributed in India. One of its subsidiaries, namely, the Caltex Oil Refining (India) Limited (an Indian company) was carrying on the business of refining crude oil and producing petroleum products in India and another of its subsidiaries, namely, the Caltex (India) Limited (a foreign..... List Judgments citing this section

Companies (Issue of Share Capital with Differential Voting Rights) Rules, 2001 Complete Act

State : Central

Year : 2001

COMPANIES (ISSUE OF SHARE CAPITAL WITH DIFFERENTIAL VOTING RIGHTS) RULES, 2001 1. Short title and commencement.- (1) These rules may be called the Companies (Issue of Share capital with differential voting Rights) Rules, 2001. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Definitions.- (1) In these rules, unless the contexts otherwise requires- (a) "Act" means the Companies Act, 1956 (1 of 1956); (b) "differential voting rights" includes rights as to dividend or voting; (c) "financial year" means financial year as defined under clause (17) of section 2 of the Act. (2) Words and expressions used and not defined in these rules but defined in the Companies Act, 1956 shall have the same meaning respectively assigned to..... List Judgments citing this section

Jayanti Shipping Company (Acquisition of Shares) Act, 1971 Complete Act

State : Central

Year : 1971

JAYANTI SHIPPING COMPANY (ACQUISITION OF SHARES) ACT, 1971 JAYANTI SHIPPING COMPANY (ACQUISITION OF SHARES) ACT, 1971 The management of the Jayanti Shipping Company was taken over by the Central Government on the 10th June, 1966 under an Ordinance following serious complaints against the then Management The Ordinance was replaced by the Jayanti Shipping Company (Taking Over of Management) Act, 1966. The Shipping Corporation of India Ltd, an undertaking wholly owned by the Central Government were appointed managing agents of the Jayanti Shipping Company Ltd. The new management was also able to restore sound working of the Company and the finances of the Company showed constant improvement during the period 1966-71. In enabling the Jayanti Shipping Company to revive, the..... List Judgments citing this section

Mogul Line Limited (Acquisition of Shares) Act, 1984 Complete Act

State : Central

Year : 1984

MOGUL LINE LIMITED (ACQUISITION OF SHARES) ACT, 1984 MOGUL LINE LIMITED (ACQUISITION OF SHARES) ACT, 1984 23rd May, 1984 33 of 1984 An Act to provide, in the public interest; for the acquisition of certain shares of the Mogul Line Limited in order to serve better the shipping needs of the nation and for matters connected therewith or incidental thereto. BE it enacted by Parliament in the Thirty-fifth Year of the Republic of India as follows:- SECTION 01: SHORT TITLE This Act may be called the Mogul Line Limited (Acquisition of Shares) Act, 1984. SECTION 02: DEFINITIONS In this Act, unless the context otherwise requires, (a) "appointed day" means the date on which this Act comes into force; (b) "Company" means the Mogul Line Limited, being a company within the meaning of the..... List Judgments citing this section

British India Corporation Limited (Acquisition of Shares ) Act , 1981 Chapter I

Title : Prelminary

State : Central

Year : 1981

(1) This Act may be called the British India Corporation Limited (acquisition of shares) act, 1981. (2). It shall be deemed to have come into force on the 11 th day of June, 1981. Section 2 - Defintions In this Act , unless the context otherwise requires:- (a) "appointed day " means the 11 th day of June , 1981 ; (b) "bank" means a banking company within the meaning of the banking Regulation Act , 1949; (c) " commissioner" means the commissioner of payments appointed under section 6; (d) "company " means British India corporation Limited ,being a company within the meaning of the companies Act , 1956, and having its registered office at sutherland house , Kanpur, in the state of Uttar pradesh; (e) "notification " means a notification published in the official Gazette; ..... View Complete Act      List Judgments citing this section

Indian Iron and Steel Company Acquisition of Shares Act 1976 Chapter I

Title : Preliminary

State : Central

Year : 1976

(1) The Act may be called the Iron and Steel Company (Acquisition of Shares) Act, 1976. (2) It shall be deemed to have come into force on the 17th day of July, 1976. Section 2 - Definitions In this Act, unless the context otherwise requires,-- (a) "appointed day" means the 17th day of July, 1976; (b) "bank" means a banking company within the meaning of the Banking Regulation Act, 1949; (c) "company" means the Indian Iron and Steel Company Limited, being a company within the meaning of the Companies Act, 1956 and having its registered office at IISCO House, 50, Chowringhee Road, Calcutta; (d) "Commissioner" means the Commissioner of Payments appointed under section 5; (e) "notification" means a notification published in the Official Gazette; (f) "prescribed" means..... View Complete Act      List Judgments citing this section

Indian Iron and Steel Company Acquisition of Shares Act 1976 Section 2

Title : Definitions

State : Central

Year : 1976

In this Act, unless the context otherwise requires,-- (a) "appointed day" means the 17th day of July, 1976; (b) "bank" means a banking company within the meaning of the Banking Regulation Act, 1949; (c) "company" means the Indian Iron and Steel Company Limited, being a company within the meaning of the Companies Act, 1956 and having its registered office at IISCO House, 50, Chowringhee Road, Calcutta; (d) "Commissioner" means the Commissioner of Payments appointed under section 5; (e) "notification" means a notification published in the Official Gazette; (f) "prescribed" means prescribed by Rules made under this Act; (g) "share" means a share, whether equity or preference in the capital of the Company, and includes a share pledged by any shareholder with any bank or other..... View Complete Act      List Judgments citing this section

State Bank of Sikkim (Acquisition of Shares) and Miscellaneous Provisions Act, 1982 Schedule 1

Title : Schedule

State : Central

Year : 1982

THE SCHEDULE [See section 8(1)] MANNER OF PAYMENT OF AMOUNT FOR THE TRASNFER OF SHARES OF THE STATE BANK OF SIKKIM TO THE CENTRAL GOVERNMENT. 1. In this Schedule, "shareholder" means any person who, immediately before the appointed day is registered as the holder of a share in the Sikkim bank, other than the State Government of Sikkim 2. For every share in the share capital of the Sikkim Bank which, by reason of this act, is transferred to and vested in the Central Government the Central Government shall pay to every holder thereof in the manner specified in paragraph 3 of this Schedule an amount calculated at the rate of rupees fifty-five per share. 3. Every person who is registered as the holder of a share in the Sikkim Bank on the appointed day and whose shares have been..... View Complete Act      List Judgments citing this section

British India Corporation Limited (Acquisition of Shares ) Act , 1981 Section 2

Title : Defintions

State : Central

Year : 1981

In this Act , unless the context otherwise requires:- (a) "appointed day " means the 11 th day of June , 1981 ; (b) "bank" means a banking company within the meaning of the banking Regulation Act , 1949; (c) " commissioner" means the commissioner of payments appointed under section 6; (d) "company " means British India corporation Limited ,being a company within the meaning of the companies Act , 1956, and having its registered office at sutherland house , Kanpur, in the state of Uttar pradesh; (e) "notification " means a notification published in the official Gazette; (f) "share" means a share , whether ordinary or preference , in the capital of the company , and includes a share pledged by any shareholder with any bank or other creditor , but does not include any share in..... View Complete Act      List Judgments citing this section

Jayanti Shipping Company ( Acquisition of Shares ) Act , 1971 Chapter III

Title : Management of Company

State : Central

Year : 1971

(1) All the shares of the company vested in the Central Government by virtue of this Act, except one hundred thereof, shall immediately after they have so vested, stand transferred to and vested in the Shipping Corporation of India. (2) The Central Government may by order transfer the remaining shares to such persons as may be specified in the order to enable the company to function as a Government company. (3) On the transfer of shares to the Shipping Corporation of India under sub-section (1) or to any person under sub-section (2), the company shall forthwith register each transferee as a member of the company. (4) The amount paid by the Central Government for the acquisition of the shares which stand transferred to and vested in the Shipping Corporation of India under..... View Complete Act      List Judgments citing this section


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