Section 12A

Application of amendment of bye-laws to existing forward contracts.

The Forward Contracts (Regulation) Act, 1952

  • Act 74 of 1952
  • Ministry of Finance
  • Department of Economic Affairs
About this Act

An Act to provide for the regulation of certain matters relating to forward contracts, the prohibition of options in goods and for matters connected therewith.

All sections
    1[12A. Application of amendment of bye-laws to existing forward contracts.--Any amendment of a bye-law under section 11 other than an amendment made in pursuance of clause (a) or clause (aa) of sub-section (3) of that section or under section 12 also apply to all forward contracts entered into before the date of its approval by the Central Government or before the date of its publication in the Gazette of India, as the case may be, and remaining to be performed on or after the said date.]

Notes

1. Ins. by s. 13, ibid. (w.e.f. 28-12-1960).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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