Section List

63/1960 - The Preference Shares (Regulation of Dividends) Act, 1960 ▶

Act Number: 63

Act Name: The Preference Shares (Regulation of Dividends) Act, 1960

Year: 1960

Enactment Date: 1960-12-28

Long Title: An Act to regulate dividends on preference shares of certain companies.

Ministry: Ministry of Corporate Affairs

Department:

Section Number	Title	Actions
1	Short title and commencement.
2	Definitions.
3	Regulation of dividends on preference shares in certain cases.
4	Special provisions in relation to companies where a portion of their income is not chargeable to income-tax.
4A	Deduction of income-tax.
5	Over-riding effect of Act.
6	Act not to apply to participating preference dividends.
7	Power to make rules.