INDIA CODE

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Preference Shares (Regulation of Dividend) Act, 1960 [A10-GX2]

As at 7 September 2026. In force from 12 April 1961 by S.O. 327(E) [N11-PTG].

Dates: made 27 June 1960; in force 12 April 1961; ceased none recorded. Gazette: none recorded. Band A.

Synthetic. The words of this Act are generated by the register; its title, number and year are real.

Cite: Preference Shares (Regulation of Dividend) Act, 1960, Act 63 of 1960 [A10-GX2]. Machine: A10-GX2.

Sections (52)

Chapter I. PRELIMINARY

Chapter II. CONTROLLER

Chapter III. REGULATION OF THE CARRYING ON OF A LICENSED ACTIVITY

Chapter IV. REGULATION OF THE RUNNING OF AN ESTABLISHMENT

Chapter V. OFFENCES AND PENALTIES

Chapter VI. MISCELLANEOUS

Section 1. Short title, extent and commencement [S1G-4H1]

Section 2. Definitions [S1G-4J7]

Section 3. Appointment of Controller [S1G-4K5]

Section 4. Registration of contractors [S1G-4MB]

Section 5. Prohibition of the carrying on of business without licence [S1G-4N9]

Section 6. Grant of licence [S1G-4PF]

Section 7. Maintenance of records and furnishing of returns [S1G-4QD]

Section 8. Powers of Secretary [S1G-4RK]

Section 9. Power to issue directions [S1G-4SH]

Section 10. Power to exempt [S1G-4TQ]

Section 11. Registration of licensees [S1G-4VN]

Section 12. Prohibition of the running of an establishment without licence [S1G-4WV]

Section 13. Grant of licence [S1G-4XS]

Section 14. Maintenance of records and furnishing of returns [S1G-4YZ]

Section 15. Powers of Secretary [S1G-4ZX]

Section 16. Power to issue directions [S1G-502]

Section 17. Power to exempt [S1G-510]

Section 18. Registration of persons carrying on a regulated activity [S1G-526]

Section 19. Prohibition of the execution of contracts without licence [S1G-534]

Section 20. Grant of licence [S1G-54A]

Section 21. Maintenance of records and furnishing of returns [S1G-558]

Section 22. Powers of Secretary [S1G-56E]

Section 23. Power to issue directions [S1G-57C]

Section 24. Power to exempt [S1G-58J]

Section 25. Registration of bodies corporate [S1G-59G]

Section 26. Prohibition of the carrying on of a licensed activity without licence [S1G-5AP]

Section 27. Grant of licence [S1G-5BM]

Section 28. Maintenance of records and furnishing of returns [S1G-5CT]

Section 29. Powers of Secretary [S1G-5DR]

Section 30. Power to issue directions [S1G-5EY]

Section 31. Power to exempt [S1G-5FW]

Section 32. Registration of registereds establishment [S1G-5G7]

Section 33. Prohibition of the carrying on of a regulated activity without licence [S1G-5H5]

Section 34. Grant of licence [S1G-5J3]

Section 35. Maintenance of records and furnishing of returns [S1G-5K1]

Section 36. Powers of Secretary [S1G-5MF]

Section 37. Power to issue directions [S1G-5ND]

Section 38. Power to exempt [S1G-5PB]

Section 39. Registration of contractors [S1G-5Q9]

Section 40. Prohibition of the carrying on of business without licence [S1G-5RQ]

Section 41. Grant of licence [S1G-5SN]

Section 42. Maintenance of records and furnishing of returns [S1G-5TK]

Section 43. Powers of Secretary [S1G-5VH]

Section 44. Power to issue directions [S1G-5WZ]

Section 45. Power to exempt [S1G-5XX]

Section 46. Penalty for contravention [S1G-5YV]

Section 47. Offences by companies [S1G-5ZS]

Section 48. Appeal [S1G-60E]

Section 49. Cognizance of offences [S1G-61C]

Section 50. Protection of action taken in good faith [S1G-62A]

Section 51. Power to make rules [S1G-638]

Section 52. Power to remove difficulties [S1G-646]

Made under

No recital of a power is printed.

Acts on (0)

none

Acted on by (6)

Amends: Preference Shares (Regulation of Dividend) Act (Amendment) Act, 1990 [A11-0B9], 5 May 1990. "section 48 of the Preference Shares (Regulation of Dividend) Act, 1960 (63 of 1960)".

Amends: Preference Shares (Regulation of Dividend) Act (Amendment) Act, 1981 [A10-TWD], 15 June 1981. "section 42 of the Preference Shares (Regulation of Dividend) Act, 1960 (63 of 1960)".

Exempts: Notification S.O. 1111(E), dated 22nd June, 1963 [N11-RD6], 22 June 1963. "section 4 of the said Act".

Exempts: Notification S.O. 2839(E), dated 3rd December, 1965 [N11-SRD], 3 December 1965. "section 4 of the said Act".

Exempts: Notification S.O. 2969(E), dated 7th November, 1968 [N11-V80], 7 November 1968. "section 4 of the said Act".

Commences: Notification S.O. 327(E), dated 26th March, 1961 [N11-PTG], 12 April 1961. "shall come into force".

Not held (0)

none

Preference Shares (Regulation of Dividend) Act, 1960 [A10-GX2]