Bare ActsThe Companies Act

Section 1956

(COMPANY LIMITED BY SHARE

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(COMPANY LIMITED BY SHARE.) ARTICLES OF ASSOCIATION OF THE BIHAR TEXT-BOOK PUBLISHING CORPORATION LIMITED. PRELIMINARY. In these Articles unless there be something in the subject matter or Definition. Context inconsistent there with : 'The Company' means the above named Company. 'The Act or said Act means the Companies Act (1 of 1956) or the Act or Acts for the being in force concerning joint stock companies and affecting the company. 'The Governor' means the Governor of the state of Bihar. 'Months' means a calendar month. 'The Director' means the Directors for the time being of the Company. ‘Chairman’ means the Chairman of the Board of Directors for the time being of the Company. ‘The Office’ means the Registered Office for the time being of the company. ‘The Register means the register of members to be kept pursuant to be kept pursuant to section 150 of the Companies Act. ‘Dividend includes bonus. ‘Executor’ or Administrator’ means a person who has obtained Probate or Letters of’ Administration, as the case may be, from some competent court. ’Capital’ means the capital for the time being raised or authorised to be raised for the purposes of the Company. 'Shares’ means the shares or stock in to which the capital is divided and interest Corresponding with such shares or stock. Board of Directors’or‘ Board in relation to the Company means. the Board of Directors of the Company’. 'Persons’ includes Corporations and firms, as well as individuals. ‘Seal’ means the common seal for the time being of the Company. ‘Ordinary Resolution’ and ‘Special Resolution’ have the meanings assigned there to respectively by section189 of the Companies Act. ‘Regulations of the Company’ means the regulations for the time being in force for the management of the Company. ‘Financial year’ means the period in respect of which any profit 'and loss account of Company laid before it in annual general 10 meeting is made up, whether that period is a year or not but the period shall not exceed fifteen months. 'Bye laws’ means the Bye-laws which may be made by the Directors of the Company under those Articles and which may for the time being in force. ‘In writing and written include printing, lithography and other modes representing or reproducing words in a visible form. a Words importing the singular number include the plural number and vice versa. Words importing the masculine gender also include the feminine gender. 2 The Regulations contained in Table ‘A’ in the first Schedule to the Act shall not apply to the Company. 3 The regulations for the management of the Company and for the observance of the members thereof and their representatives shall subject to any exercise of the statutory power of the Company in reference to the repeal or alteration of or addition to its regulations by special resolution as prescribed or permitted by the Act, be such as are contained in these Articles. 4

Section 1956 – The Companies Act | DailyLaw.ai