Bare Act Search Results

Indian Securities Act, 1920 Section 24

Title: Power to Make Rules

State: Central

Year: 1920

.....of any Government stock. (4) Rules made under this section shall be published in the Official Gazette, and shall thereupon have effect as if enacted in this Act. 1[(5) Every rule made by the Central Government under this section shall be laid, as soon as may be after it is made, before each House of Parliament while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule. (6) Every rule made by the State Government under this section shall be laid, as soon as may be after it is made, before the State Legislature. ] ______________________________ 1.Inserted by Delegated Legislation Provisions (Amendment) Act 1986 ( 4of 1986) w.e.f.....

Indian Securities Act, 1920 Complete Act

State: Central

Year: 1920

.....of trust not receivable save as provided. (2) The Government shall not be deemed to have received notice any trust by reason only of the fact that it has recognized an indorsement on a Government security by an executor or administrator as such, nor shall it inquire into the terms of any will by which such executor or administrator may be bound, but on being satisfied of the due appointed of such executor or administrator it shall be entitled to treat his as the full owner of any Government security belonging to the estate of the person whom he represents.Right of survivors of joint or several payees of Government securities. Section 4 Right of survivors of joint or several payees of Government securities (1) Notwithstanding anything in section 45 of the Indian Contract Act, 1872, (9 of 1872)-- (a) when a Government security is payable is payable to two or more persons jointly and either or any of them dies, the security shall be payable to the survivor or survivors of those persons, and (b) when a Government security is payable to two or more persons severally and either or any of them dies, the security shall be payable to the survivor or survivors of those.....

Companies Act, 1956 Schedule 1

Title: Schedule 1

State: Central

Year: 1956

.....ofthe company, and that a share in the company has been duly forfeited on a datestated in the declaration, shall be conclusive evidence of the facts therein slated asagainst all persons claiming to be entitled to the share. (2) The company may receive the consideration, ifany, given for the share on any sale or disposal thereof and may execute atransfer of the share in favour of the person to whom the share is sold ordisposed of. (3) The transferee shall thereupon be registered asthe holder of the share. (4) The transferee shall not be bound to see to theapplication of the purchase money, if any, nor shall his title to the share beaffected by any irregularity or invalidity in the proceedings in reference tothe forfeiture, sale or disposal of the share. 35. The provisions of these regulations as to forfeitureshall apply in the case of non-payment of any sum which, by the terms of issueof a share, becomes payable at a fixed time, whether on account of the nominalvalue of the share or by way of premium, as if the same had been payable byvirtue of a call duly made and notified. Conversionof shares into stock 36. The company may, by ordinary resolution, - (a) convert.....

Companies Act, 1913 Complete Act

State: Central

Year: 1913

.....either his consent to the alteration has been obtained or bis debt or claim has been discharged or has determined, or has been secured to the satisfaction of the Court: Provided that the Court may, in the case of any person or class, for special reasons, dispense with the notice required by this section. SECTION 13: Power of Court when confirming alteration: The Court may make an order confirming the alteration either wholly or in part, and on such terms and conditions as it thinks fit, and may make such order as to costs as it thinks proper. SECTION 14: Exercise of discretion by Court: The Court shall, in exercising its discretion under sections 12 and 13, have regard to the rights and interests of the members of the company or of any class of them, as well as to the rights and interests of the creditors, and may, if it thinks fit, adjourn the proceedings in order that an arrangement may be made to the satisfaction of the Court for the purchase of the interests of dissentient members ; and may give such directions and make such orders as it may think expedient for facilitating or carrying into effect any such arrangement; Provided that no part of the capital of the.....

Companies Act, 1956 Complete Act

State: Central

Year: 1956

.....the same activity as that carried on by the head office of the company; or (c) any establishment engaged in any production, processing or manufacture, but does not include any establishment specified in any order made by the Central Government under (section 8);] (10) "company" means a company as defined in (section 3); [(10A) "Company Law Board" means the Board of Company Law Administration constituted under (section 10E);] [(11) "the Court" means,- (a) with respect to any matter relating to a company (other than any offence against this Act), the Court having jurisdiction under this Act with respect to that matter relating to that company, as provided in (section 10) ; (b) with respect to any offence against this Act, the Court of a Magistrate of the First Class or, as the case may be, a Presidency Magistrate, having jurisdiction to try such offence ;] (12) "debenture" includes debenture stock, bonds and any other securities of a company, whether constituting a charge on the assets of the company or not; [(12A) "depository" has the same meaning as in the (Depositories Act, 1996) (22 of 1996); (12B) "derivative" has the same meaning as in clause (aa) of (S.2.....