The Companies Act, 1956

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Year : 1956

[Act, No. 1 of 1956]1*

[18th January, 1956]


PREAMBLE

An Act to consolidate and amend the law relating to companies and certain other associations.

Be it enacted by Parliament in the Sixth Year of the Republic of India as follows:-

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1. This Act has been extended to Goa, Daman and Diu by Regulation 12 of 1962 (with modifications); Section 3 and Schedule to Dadar and Nagar Haveli by Regulation 6 of 1963, Section 2 and Schedule I and to Pondicherry by Regulation 7 of 1963, Section 3 and Schedule I.

The Provisions of this Act shall apply to Goa, Daman and Diu, subject to the exceptions, modifications and adaptations contained in the Schedule to G.S.R. 615, dated 24th April, 1965 [Gazette of India, Pt. II, Section 3 (i), p. 670]. Amended in its application to Goa, Daman and Diu by Regulation 11 of 1963, Section 9.

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Section -1 Short title, commencement and extent
 
(1) This Act may be called the Companies Act, 1956.

(2) It shall come into force on such date 1* as the Central Government may, by notification in the Official Gazette, appoint.

2*[(3) It extends to the whole of India:]

3 [***]

4*[Provided 5 [***] that it shall apply to the State of Nagaland subject to such modifications, if any, as the Central Government may, by notification in the Official Gazette, specify.]

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1. Came into force on  1-4-1956 vide S.R.O. 612, dated 8th March, 1956, published in the Gazette to India of India, Extra. 1956, Part II., Section 3, Page 473.

2. Substituted by Act 62 of 1956, Section 2 and Schedule, for sub-section (3) (w.e.f. 1-11-1956).

3. First proviso omitted by Act 25 of 1968, Section 2 and Schedule (w.e.f. 15-8-1968).

4. Inserted by Act 31 of 1965, Section 2 (w.e.f. 15-10-1965).

5. The word "further" omitted by Act 25 of 1968, Section 2 and Schedule (w.e.f. 15-8-1968).

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