Section 53 companies act 1963 pdf

Introduction to section 232 of the trade expansion act. A company must not be registered under this act by a name if. Prohibition on issue of shares at discount effective from 1st april, 20141 except as provided in section 54, a company shall not issue shares at a discount. Compensation for occupational injuries and diseases act of. Companies act 2006, section 53 is up to date with all changes known to be in force on or before 17 may 2020.

Reciprocal promise to do things legal, and also other things illegal. Arrangement of sections section part i preliminary 1. Companies act 1993 no 105 as at january 2020, public. The names of such companies usually called section 53 b companies must end in inc. Compensation for loss through nonperformance of act known to be impossible or unlawful.

In view of the newly implemented act, however, this note will refer to limited, notforprofit companies as section 8. Laws of malaysia act 125 companies act 1965 arrangement of sections part i preliminary section 1. Provisions supplementary to sections 186, 187 and 188. Section 53 of companies act, 20 prohibition on issue. Government notices r2477 of 16 november 1984, r18 of june 1986, r616 of 27 march 1987. Notwithstanding section 53, a company may give financial assistance to any. Companies act, 1963, schedule 1 irish statute book. Way in which and extent to which objects of company may be altered.

When corporations deemed to be related to each other 6a. Act 553 insurance act 1996 date of royal assent sep1996 date of publication in the gazette 26sep1996 an act to provide new laws for the licensing and regulation of insurance business, insurance broking business, adjusting business and financial advisory business and for other related purposes. Provisions for securing disclosure of substantial individual interests in share capital carrying unrestricted voting rights 33. Obligation of persons to notify company of acquisition. Chapter xxi part i companies authorised to register under this act. Ministry of corporate affairs companies act search. Please refer to schedule 5 of the new companies act, no.

Construction of references in other acts to companies registered under the companies consolidation act, 1908. The companies act, 20 rules on the companies act, 20 this feature allows you to view the companies act, 20 sectionwise or chapterwise. Private company company limited by shares regulations form. Construction of references in other acts to companies registered under companies consolidation act 1908 and act of 1963 7. Chapter xix revival and rehabilitation of sick companies. Rgd regulations of a private company unlimited by shares. Be it enacted by parliament in the thirteenth year of the republic of india as follows.

While introducing the bill in the lok sabha, the honble finance and corporate affairs minister, nirmala sitharaman said, the bill seeks to. I an application for a licence shall be made to the commission. The 1karnataka1 industrial establishments national and festival holidays act, 1963 received the assent of the president on the twentysixth day of june, 1963. Act 53 arrangement of sections income tax act 1967 part i preliminary section 1. Act structured to facilitate its use in relation to most common type of company 10. Changes that have been made appear in the content and are referenced with annotations. Introductory provisions, 1 contents of the act, 1 private and public companies, 1 the shareholders liability for the companys obligations, 1 share capital, 1 prohibition on sale of shares, etc. December, 1962 an act to consolidate and amend the law relating to customs. Be it enacted by parliament in the fourteenth year of the republic of india as follows. The indian companies act 1956 governed limited companies under section 25.

Companies act financial services commission montserrat. Shares certificates shall be issued in accordance with section 53 of the act. The companies act of 1973 also provides in section 53 b for companies in which the directors are personally liable for its debts. Interpretation part ii imposition and general characteristics of the tax 3. As amended by act 1 of 1975, 7 of 1985, 16 of 1986 and 28 of 1997 an act to provide for the grant of. A document may be served by a company on any member thereof either personally, or by sending it by post to him to his registered address, or if he has no registered address in india, to the address, if any, within india supp lied by him to the company for. Act, 1963 1963 53 the companies amendment act, 1963 the whole.

Part ii incorporation of companies and matters incidental thereto ss. Companies act 1963 act 179 section 1commencement spent. Income tax amendment act 6 of 1963 income tax act 72 of 1963 income tax act 90 of 1964. Commissioners of oaths act, 1963 act 16 of 1963, designate the holders of the offices listed in the schedule to be commissioners of oaths for the republic of south africa with effect from the date hereof. Application of provisions of information technology act, 2000. Section 53 2 in the companies act, 1956 2 where a document is sent by post,service thereof shall be deemed to be effected by properly addressing, prepaying and posting a letter containing the. Companies code, 1963 act 179 as amended by securities.

Act, 1962 1963 21 the compulsory deposit scheme act, 1963 the whole. There are changes that may be brought into force at a future date. An act to codify the law relating to marine insurance. Proxies at general meetings, 17 the swedish companies. You can also search for keywords within the sections of the act. Application of act to existing companies and savings. Registrar and offices for registration of companies. Accounts complying with banks and financial institutions act. Pursuant to section 24 of the companies act, 1963, act 179 the company has for. Section 6issue and effect of certificate of registration. Regulations required in the case of an unlimited company or company limited by guarantee.

Highlights of the companies amendment act, 2019 the companies amendment act, 2019 received the assent of the president on the 31st july, 2019. Interpretation of provisions relating to prospectuses. On march 8, 2018, trump exercised his presidential authority under section 232 of the trade expansion act of 1962 to impose a 25 percent tariff on. Companies act, 1963, section 53 irish statute book. Punjab scheduled roads and controlled areas restriction of. Definitions of holding company, wholly owned subsidiary and group of companies 9. Duty of directors to act in good faith and in best interest of company. Prohibition of partnership exceeding twenty m embers. Offences by directors of companies required to have financial statements audited. Short title, extent and commencement 1 this act may be called the customs act, 1962. Chapter xviii removal of names of companies from the register of companies. You can view a specific section, or view all sections grouped by chapters.

Shareholder meetings 1 the rules of a company must include. Form 53 companies act, 1965 section 159 2 notice of place where register of members and index kept, or of change in that place. India established under section 3 of the unit trust of india act, 1963 52 of 1963, or the food corporation of india established under. In this code, unless the context otherwise requires, the expressions defined in the first schedule hereto shall have the meanings assigned to them in that schedule. Pursuant to section 24 of the companies act, 1963, act179 the company has. Arrangement of sections statement of object and reasons sections. Companies act 1963 sect 53 minimum subscription and amount payable on application.