INDIA CODE

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Section 10, Preference Shares (Regulation of Dividend) Act, 1960 [S1G-4TQ]

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

In Preference Shares (Regulation of Dividend) Act, 1960 [A10-GX2]. This text from 12 April 1961. No other text held.

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

Cite: Section 10, Preference Shares (Regulation of Dividend) Act, 1960 [S1G-4TQ]. Machine: S1G-4TQ.

10. Power to exempt.—The Central Government may, if it is satisfied that it is necessary in the public interest so to do, by notification, exempt any class of bodies corporate from all or any of the provisions of this Act, subject to such conditions, if any, as may be specified in the notification.

Defined terms in this text (1)

notification: Section 2, Preference Shares (Regulation of Dividend) Act, 1960 [S1G4J7] (In this Act, unless the context otherwise requires,—): "notification" means a notification published in the Official Gazette

notification: 996 more definitions.

Made under this section, or naming it (3)

Notification S.O. 2839(E), dated 3rd December, 1965 [N11-SRD], 3 December 1965, in force. Recital: "In exercise of the powers conferred by section 10 of the Preference Shares (Regulation of Dividend) Act, 1960 (63 of 1960), the Central Government, being satisfied that it is necessary in the public interest so to do"

Notification S.O. 2969(E), dated 7th November, 1968 [N11-V80], 7 November 1968, in force. Recital: "In exercise of the powers conferred by section 10 of the Preference Shares (Regulation of Dividend) Act, 1960 (63 of 1960), the Central Government, being satisfied that it is necessary in the public interest so to do"

Notification S.O. 1111(E), dated 22nd June, 1963 [N11-RD6], 22 June 1963, in force. Recital: "In exercise of the powers conferred by section 10 of the Preference Shares (Regulation of Dividend) Act, 1960 (63 of 1960), the Central Government, being satisfied that it is necessary in the public interest so to do"

Cited by (0)

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Not held (0)

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Duties published under this section (0)

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Section 10, Preference Shares (Regulation of Dividend) Act, 1960 [S1G-4TQ]