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Section 48, Preference Shares (Regulation of Dividend) Act, 1960 [S1G-60E]

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 5 May 1990, by Act 73 of 1990 [A11-0B9]. Other texts (1): from 12 April 1961 to 4 May 1990.

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

Cite: Section 48, Preference Shares (Regulation of Dividend) Act, 1960 [S1G-60E]. Machine: S1G-60E.

48. Appeal.—(1) Any person aggrieved by an order of the Controller under this Act may, within sixty days from the date on which the order is communicated to him, prefer an appeal to the Central Government in such form and accompanied by such fee as may be prescribed. (2) The appellate authority may, after giving the appellant an opportunity of being heard, confirm, modify or set aside the order appealed against. (3) No appeal shall lie under this section against an order made with the consent of the parties.

Defined terms in this text (1)

prescribed: Section 2, Preference Shares (Regulation of Dividend) Act, 1960 [S1G4J7] (In this Act, unless the context otherwise requires,—): "prescribed" means prescribed by rules made under this Act

prescribed: 996 more definitions.

Made under this section, or naming it (0)

none

Cited by (2)

Section 51, Preference Shares (Regulation of Dividend) Act, 1960 [S1G-638], 27 June 1960, Band A. "section 48".

Section 2, Preference Shares (Regulation of Dividend) Act (Amendment) Act, 1990 [S1W-BGN], 5 May 1990, Band A. "section 48 of the Preference Shares (Regulation of Dividend) Act, 1960 (63 of 1960)".

Not held (0)

none

Duties published under this section (0)

none