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Judgment Search Results Home > Cases Phrase: debentures companies act Court: allahabad Year: 1963 Page 1 of about 1 results (0.013 seconds)

May 24 1963 (HC)

Maheshwari Khetan Sugar Mills (P.) Ltd. and ors. Vs. Ishwari Khetan Su ...

Court : Allahabad

Decided on : May-24-1963

Reported in : AIR1965All135; [1963]33CompCas1142(All)

..... of the english companies act, 1929, was made in the indian act for the first time when the indian companies act, 1913, was amended under the companies (amendment) act, 1936. sub-section (3) of section 34 of the indian companies act, 1913, as amended in 1936 was as below:'it shall not be lawful for the company to register a transfer of shares in or debentures of the company unless the proper ..... till the enactments of the companies act in 1929, restrictions which were binding on the company notwithstanding anything in the articles of the company, section 63 of the english companies act, 1929, for the first time provided that:'notwithstanding anything in the articles of a company, it shall not be lawful for the company to register a transfer of shares in or debentures of the company unless a proper instrument ..... of transfer has been delivered to the company.'an exception was, however, made in the .....

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