The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY
No. 22] NEW DELHI, SATURDAY, FEBRUARY 1, 1964/MAGHA 12, 1885
MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATIONS
New Delhi, the 1st February 1964
G.S.R. 176.—In exercise of the powers conferred by Sub-section (1) of Sec- tion 10E of the Companies Act, 1956 (I of 1956), the Central Government hereby constitutes the Board of Company Law Administration.
[No. 8(ll)-Admn.I/63.] G.S.R. 177,—In exercise of the powers conferred by Sub-sections (2) and (3) of Section 10E of the Companies Act, 1956 (I of 1956), the Central Government hereby appoints—
(a) the following persons to be the members of the Company Law Board, namely:—
(1) Shri R. C. Dutt,
(2) Shri B. S. Manchanda; and
(b) Shri R. C. Dutt, to be the Chairman of the Company Law Board
[No. 8(ll)-Admn.I/63.] G.S.R. 178.—In exercise of the powers conferred by clause (a) of sub-section (1) of section 637, read with sub-section (1) of section 10E, of the Companies Act 1956 (I of 1956), the Central Government hereby delegates to the Company Law Board the powers and functions of the Central Government under the said Ac other than—
(i) those under the following provisions of the laid Act, namely:—
50 THE GAZETTE OF INDIA E X T R A O R D I N A RY [PART 1 I - S E C. 3 (i)] (ii) those under the following provisions of the aforesaid Act, namely:—Section 21 Section 1G7 Sub-sections (3), (4) and clause (a) of sub-section, (8) of section 224
Second proviso to sub-section (9j of section 431) and sub-section (6) of the said section
Section 436, where the period referred to in clause (a) of sub-section (1) thereof dues not exceed six. months
Section 508, where the period referred to in clause (a) of sub-section (1) thereof doca not exceed sue months
Clause (b) of sub-section (7) of section 565, where the claim does not exceed Rs. 1,01)0/-
Proviso to sub-section (1) of section 610 Saction 627 which have been delegated to the Kcgional Directors of the Department of Com- ' pany Law Administration at Bombay, Calcutta, Madras and Kanpur by tlie notification oil the Government oi India in the late Ministry of Commerce and Industry (Department of Company Law Admin- istration) No. G.S.R, 558 dated the 25th June, 1958.
[No. T. 5/1/64-PR};
(Department of Revenue)
(Company Law Division)
New Delhi, the 1st February 1964
G.S.R. 1,79.—In exercise of the powers conferred by sub-section (1) of section 642, read with sub-section (5) of section 10E, of! the Companies Act, 1956 (1 of 195ti), trie Central Guvtmmoiit hereby makes the following rules, namely:—
1. .Short title.—These rules may be called the Company Law Board (Procedure) Rules, 1S64.
2. DeOnltion.—In these rules, unless the context otherwise requires,—
(a) "the Act" means the Companies Act, 1956;
(b) "Board" means the Company Law Board as defined in clause (10A) of
section 2 of the Act;
(c) "chairman" means tho chairman of the Board;
(d) "member" means a member of the Board.
3. Distribution of business.—The Chairman may, with the previous approval of the Central Government, by order in writing, distribute the business of the Board among himself und the other member or members, and ipecrfy the cases or classes of cases which shall be considered Jointly by the Board.
4. Authentication oi orders and decisions of the Board.—All orders and deci- sions of the Board shall be authenticated by the signature of the chalrman,or any other member or Secretary or Under Secretary to the Board or by any othar officer of the Boaid specially empowered in this behalf by the Board.