Mobile View
Main Search Advanced Search Disclaimer
Citedby 3 docs
Union Of India & Anr vs M/S. Rajdhani Grains & Jaggery ... on 19 March, 1975
Commissioner Of Income-Tax vs S.C. Kothari on 3 August, 1967
The Chamber Of Colours And ... vs The Forward Markets Commission ... on 8 November, 1974

[Complete Act]
Central Government Act
Section 9A in The Forward Contracts (Regulation) Act, 1952
1[9A. Power of recognised association to make rules respecting grouping of members, restricting voting rights, etc., in special cases.—
(1) A recognised association may make rules or amend any rules made by it to provide for all or any of the following matters, namely:— tc "2[9A. Power of recognised association to make rules respecting grouping of members, restricting voting rights, etc., in special cases.—(1) A recognised association may make rules or amend any rules made by it to provide for all or any of the following matters, namely\:—" 2[(a) the admission of a firm or a Hindu undivided family as a member;] tc" 3[(a) the admission of a firm or a Hindu undivided family as a member;]" 3[(b)] the grouping of the members of the association according to functional or local interests, the reservation of seats on its governing body for members belonging to each group and appointment of members to such reserved seats— tc" 4[(b)] the grouping of the members of the association according to functional or local interests, the reservation of seats on its governing body for members belonging to each group and appointment of members to such reserved seats—"
(2) No rules of a recognised association made or amended in relation to any matter referred to in 6[clauses (a) to (g)] of sub-section (1) shall have effect until they have been approved by the Central Government and published by that Government in the Official Gazette and, in approving the rules so made or amended, the Central Government may make such modifications therein as it thinks fit, and on such publication, the rules as approved by the Central Government shall be deemed to have been validly made, notwithstanding anything to the contrary contained in the Companies Act, 1956 (1 of 1956). tc "(2) No rules of a recognised association made or amended in relation to any matter referred to in 7[clauses (a) to (g)] of sub-section (1) shall have effect until they have been approved by the Central Government and published by that Government in the Official Gazette and, in approving the rules so made or amended, the Central Government may make such modifications therein as it thinks fit, and on such publication, the rules as approved by the Central Government shall be deemed to have been validly made, notwithstanding anything to the contrary contained in the Companies Act, 1956 (1 of 1956)."
(3) Where, before the commencement of the Forward Contracts (Regulation) Amendment Act, 1957 (32 of 1957), any rules have been made or amended in relation to any matter referred to in 6[clauses (b) to (e) and (g)] of sub-section (1), the rules so made or amended shall not be deemed to be invalid or ever to have been invalid merely by reason of the fact that the rules so made or amended are repugnant to any of the provisions of the Companies Act, 1956 (1 of 1956). tc "(3) Where, before the commencement of the Forward Contracts (Regulation) Amendment Act, 1957 (32 of 1957), any rules have been made or amended in relation to any matter referred to in 1[clauses (b) to (e) and (g)] of sub-section (1), the rules so made or amended shall not be deemed to be invalid or ever to have been invalid merely by reason of the fact that the rules so made or amended are repugnant to any of the provisions of the Companies Act, 1956 (1 of 1956)."