The Bengal Bonded Warehouse Association Act, 1838
Central · 1838
- S. 1Incorporation.
- S. 2Power to sue and be sued, and to acquire, hold and transfer property.
- S. 3Capital Stock and shares.
- S. 4Registering of names of proprietors. Register to be open to inspection.
- S. 5Share-certificates.
- S. 6Transfer of shares.
- S. 7Proprietors of shares to be members of Association.
- S. 8First Directors of Association.
- S. 9Removal and election of Directors.
- S. 10Directors to go out by rotation.
- S. 11Election of successor, when Director ceases to be so otherwise than by rotation.
- S. 12[Repealed].
- S. 13Directors to be residents of Bengal Presidency.
- S. 14[Repealed].
- S. 15Adjournment of ordinary meetings.
- S. 16Extraordinary general meetings.
- S. 17Voting at general meetings Qualification for voting.
- S. 18Number of votes to which proprietors entitled.
- S. 19Votes of joint proprietors shares.
- S. 20Voting by proxy.
- S. 21Authority of Directors.
- S. 22Calls for share money.
- S. 23Interest to run on each call. Application of dividend in satisfaction of unpaid calls.
- S. 24Power to refuse to register transfer by defaulting proprietor. Power to sell shares to satisfy calls, and issue fresh certificates.
- S. 25Extension of Act 25 of 1836 to warehouses of Association.
- S. 26Power to give general security for payment of import and export duties.
- S. 27Rates for warehousing.
- S. 28Certificates of deposit, transferable by endorsement.
- S. 29Suits against Association.
- S. 30Joint Stock of Association.
- S. 31Individual members not to be liable.
- S. 32[Repealed].
- S. 33Increase of Capital Stock.
- S. 34Option to original proprietors to subscribe in first instance.
- S. 35Provisions of Act to apply to additional Stock.
- S. 36East India Company to have right of pre-emption.
- S. 37Dissolution of Association by order of the Governor General in Council.
- S. 38Dissolution of Association by resolution of proprietors.
- S. 39Division of property on dissolution.