SECTION 108
REGISTRATION ON
PRODUCJTION OF TRANSFER FORM
Prescribed authority
for endorsing forms of transfer of shares in pursuance of section 108(1A)
In addition to all the Registrars of the Companies, the
following have been appointed as "prescribed authority" for endorsing
forms of transfer of shares under section 108(1A) read with rule 5A(1) of the
General Rules and Forms.
1. The Company
Prosecutor (Grade II) }
Office of the
Regional Director, C.L.B., }
Bombay. }
}
2. Accounts Officer,
Office of the Regional } SO 2680, dated 2-9-1966
Director,
C.L.B., Bombay.
}
}
3. Superintendent
(Grade II), Office of the }
Regional
Director, C.L.B., Bombay }
}
4. Senior Technical
Assistants, Office of the }
Registrar of
Companies, Bombay }
}
5. Superintendent
(Grade I), Office of the }
Registrar of
Companies, Bombay. }
}
6. Company
Prosecutor (Grade III), Office of }
the Registrar of
Companies, Bombay }
}
7. Junior Technical
Assistants, Office of the }
Registrar of
Companies, Bombay } SO 2776,
dated 19-9-1966
}
8. Senior Technical
Assistants, Office of the }
Registrar of
Companies, Ahmedabad. }
}
9. Superintendent,
Office of the Registrar of }
Companies,
Ahmedabad.
}
}
10. Company Prosecutor (Grade III), Office of }
the Registrar
of Companies, Ahmedabad }
}
11. Junior Technical Assistant, Office of the }
Regitrar of
Companies, Ahmedabad. }
}
12. Superintendent, Office of the Registrar of }
Companies,
Bangalore. } SO 3271, dated 27-10-1966
13. Superintendent, Office of the Registrar of
Companies,
Madras SO 33681, dated 3-12-1966
14. Senior Technical Assistants, Office of the
Registrar of
Companies, Jaipur SO
1060, dated 14-3-1967
15. Superintendent, Office of the Registrar of
Companies,
Andhra Pradesh, Hyderabad
SO 2035, dated 30-5-1967
16. Senior Tekchnical Assistants, Office of the
Registrar of
Companies, Punjab, Haryana,
Chandigarh
and Jullundur. SO 3264, dated 5-9-1967
17. Superintendent, Office of the Registrar of
Companies,
Madhya Pradesh, Gwalior. SO 3591, dated 27.9.1967
18. Income-tax Officer, Grade II, F.Ward,
Indore. SO
4153, dated 10-11-1967
19. Senior Technical Assistants, Office of the
Registrar of
Companies, Kanpur. SO
364, dated 8-1-1968
20. Official Liquidator, High Court, Allahabad SO
1798, dated 20-11-1970
21. Consular Officer in the Indian Missions/
Companies
abroad. SO
786(E), dated 8.11.1983.
22. Income-tax Officer, Company Circle I, }
Pune }
}
23. Income-tax Officer (Technical & P.R.), }
Nagpur. }
}
24. Income-tax Officer, C.I.B. Lucknow }
}
25. Income-tax Officer, Circle III, Ward-B, }
Surat. }
}
26. Income-tax Officer, Company Circle III, }
Coimbatore. }
}
27. Income-tax Officer, Headquarters, }
Madurai. }
}
28. Income-tax Officer, 'A' Ward, Varanasi }
}
29. Income-tax Officer, Agra }
}
30. Income-tax Officer, SIC-I, Jabalpur. }
}
31. Income-tax Officer, 'A' Ward, Dhanbad }
}
32. Income-tax Officer, IIB Circle, Baroda }
}
33. Income-tax Officer, 'E' Ward, Bhopal }
}
34. Income-tax Officer, 'A' Ward, Jamshedpur }
}
35. Income-tax Officer, 'C' Ward, Uthashnagar, } SO 214(E), dated 28-3-1984
Thane }
}
36. Income-tax Officer, CityCircle 1, Trichirapalli }
}
37.
Income-tax Office, Distt. 1(5), Ludhiana }
}
38.
Income-tax Officer, 'A' Ward, Visakha }
patnam }
}
39.
Income-tax Officer, Distt.IV Anmritsar }
}
40.
Income-tax Officer, 'A' Ward, Circle II, }
Calicut }
}
41.
Income-tax Officer, 'A' Ward, Vijayawada }
}
42.
Income-tax Officer, Circle (1), Meerut }
}
43.
Income-tax Officer-IInd, Hubli (Hubli- }
Dharwar) }
}
44.
Income-tax Officer, 'C' Ward, Trivandrum
}
}
45.
Income-tax Officer, Company Circle I, }
Salem }
}
46.
Income-tax Officer, 'A' Ward, Sholapur }
}
47.
Income-tax Officer, 1st Assessment, }
Ranchi. }
Financial institutions approved
by Central Government for the purposes of the section.
The
following financial institutions have been approved by the Central Government
for the purposes of section 108 (1C)(B)(iii):
1. Any banking company [other than a sche- }
duled bank] as defined in section5(c) of
the }
Banking Regulation Act, 1949(10of 1949)
}
} GSR 900, dated 4-6-1966
2. Any co-operative bank as defined in
section }
2(bii) of the Reserve Bank of India Act, }
1934 (2 of 1934) }
3. Industrial finance Corporation, set up }
under the Industrial Finance corporation }
Act, 1948. }
}
4. All State Financial corporations (set up }
under the State Financial Corporations }
Act, 1951) }
}
5. The Industrial Credit & Investment
Corpo- }
ration of India Ltd., Bombay }
}
6. Madras Industrial-Investment Corporation }
Ltd., Madras. }
} GSR 1499, dated 24-9-1966
7. International Finance Corporation, }
Washington (USA) }
}
8. Life Insurance Corporation of India }
}
9. New India Assurance Co. Ltd., Bombay }
}
10.
Oriental Fire & General Insurance Co.Ltd., }
Bombay }
}
11.
Indian Guarantee & General Insurance Co. }
Ltkd., Bombay }
12.
Hercules Insurance Co. Ltd. GSR
1918, dated 26-12-1966
13.
Advance Insurance Co. Ltd., Bombay } GSR 609, dated 15-4-1967
}
14.
Co-operative Assurance Co. Ltd. }
}
15.
Great Pyramid Insurance Co. Ltd.,Calcutta }
}
16.
Sundaram Finance Ltd., Madras } GSR 1444, dated 4.9.1967
}
17.
National Insurance Co. Ltd., Calcutta }
}
18.
Calcutta Insurance Ltd., Calcutta }
19.
British India General Insurance co. Ltd., GSR 789, dated 19-4-1968
20.
Madras Motor and General Insurance Co.
Ltd. GSR 2182, dated 19.8.1969
21.
New Great Insurance co. of India Ltd. GSR 2762, dated 9-12-1969
22.
Jupiter General Insurance Co. Ltd., GSR
299, dated 21-2-1970
23.
Hindusthan Ideal Insurance Co. Ltd. GSR 608, dated 17-4-1971
24.
Risk Capital and Technology Finance
Corporation Limited GSR
114(E), dated 22-2-1989
25.
Unit Trust of India (established under
section 3 of the Unit Trust of India
Act,
1963) SO 297, dated 27-1-1979.
26.
Housing Development Finance Corporation
Ltd. SO 2033, dated 7-8-1980
Registration of share
transfer - Notification delegating powers to Regional Directors by Central
Government - Rescission of
In
exercise of the powers conferred by clause (b) of sub-section (1) of section
637 on the Companies Act, 1956 (1 of 1956), the Central Government hereby
rescinds the Notification No.GSR 2763, dated the 15th December, 1969 (given
below) of the Government of India in the erstwhile Ministry of Industrial Development,
Internal Trade and Company Affairs (Department of Company Affairs) published in
Part II, Section 3, Sub-section (i) of the Gazette of India dated the 15th
December, 1969, delegating the powers of the Central Government under
sub-section (1D) of section 108 of the said Act to the Regional Directors at
Bombay, Calcutta, Madras and Kanpur.
*
NOTIFICJATION NO. F.2/8/85-CL-V, DATED 1.9.1986
COPY OF NOTIFICATION NO. GSR 2763, DATED 15-12-1969 REFERRED TO
IN NOTIFICATION
In
exercise of the powers conferred by clause (b) of sub-section (1) of section
637 of the companies Act, 1956 (1 of 1956), the Central Government hereby delegates its powers and
functions under sub-section (1D) of section 108 of the said Act, to the Regional
Directors of the Company Law Board at Bombay, Calcutta, Madras and Kanpur,
subject to the condition that the said Regional Directors shall, subject to the
control of the Company Law Board, exercise the powers and perform the functions
so delegated in respect of the transfer of the shares of the companies, the
registered offices of which are situate within their respective jurisdictions.
Provisions of section 209(3)
(b) of Companies Act not to apply to Government companies engaged in the
business of financing industrial projects and approved by the Central
Government under section 36(1)(viii) of the Income-tax Act, 1961.
In
exercise of the powers conferred by sub-sections (1) of section 620 of the
companies Act, 1956 (1 of 1956), the Central Government hereby directs that the
provisions of clause (b) of sub-section (3) of section 209 of the said Act
shall not apply to a Government company engaged in the business of financing
industrial projects and approved by the Central Government under section 36(1)(viii)
of the Income-tax Act, 1961 (43 of 1961), to the extent it relates to income
from interest on loans and advances, provided that such accrued income, which
is not accounted for in the books of account, is disclosed by way of note in
the annual accounts, a copy of this notification having been laid in draft
before both the Houses of Parliament as required by sub-section (2) of section
620 of the said Act.
*
NOTIFICATION NO. GSR 550(E), DATED 16TH MAY 1989.
Exemption of companies
engaged in cultivation or processing of tea, or both, from disclosing in profit
and loss account certain information
In
exercise of the powers conferred by sub-section (3) of section 211 of the
Companies Act, 1956 (1 of 1956), the Central Government hereby exempts
companies engaged in the cultivation or processing of tea, or both, from
disclosing in the profit and loss account the information mentioned in
sub-clause (1) of clause (a) of para 3 (ii) of Part II of Schedule VI to the
said Act, subject to the following conditions, namely:--
1)
The profit and loss account shall disclose the quantity and other particulars
(not including the value) of green leaf tea produced and processed by such
companies separately together with the opening and closing stock thereof during
the financial year to which the said profit and loss account relates.
2)
In respect of green leaf tea, if any, purchased from outside source, such
companies shall also disclose in their profit and loss account the value of the
tea purchased in addition to the disclosure of the quantity and other
particulars of the green leaf tea so
purchased and processed, and the opening and closing stock thereof.
2. This notification shall
remain in force for a period of three years from the date of its publication in
the Official Gazette.
*
NOTIFICATION NO. SO 400(E), DATED 19TH APRIL, 1988.