Where any share in a company stand forfeited to the Central Government or the State Government, as the case may be, under this Chapter, then, the company shall, on receipt of the order of the court, notwithstanding anything contained in the Companies Act, 1956 (1 of 1956), or the articles of association of the company, forthwith register the Central Government or the State Government, as the case may be, as the transferee of such share.
Section 34: Company to transfer shares to Government.
The Unlawful Activities (Prevention) Act, 1967Central Act · Act 37 of 1967
Where this provision sits
| Act | The Unlawful Activities (Prevention) Act, 1967 |
|---|---|
| Section | 34 |
| Marginal note | Company to transfer shares to Government. |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 1 |
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