The Maharashtra Forward Contracts Control Act.
Maharashtra
- Act number
- 64 of 1947
- Ministry
- Govt of Maharashtra
- Department
- Urban Development Department
- Enacted
- 7 Feb 1948
Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.
15 sections
- Section 1Short title and operation.
- Section 2Definitions.
- Section 3Recognition.
- Section 4Power of Provincial Government to supersede the governing body, and suspend business.
- Section 5Power of Provincial Government to make rules and add to, etc., articles of association.
- Section 6Power of recognised association to make, add to, vary or rescind bye-laws.
- Section 7Power of Provincial Government to make bye-laws.
- Section 8Illegal contracts and penalty.
- Section 9Options in goods illegal.
- Section 10Penalty for owing or keeping place used for entering into forward contracts in contravention of Act, etc.
- Section 11Jurisdiction under Act.
- Section 12Offences by corporations and firms.
- Section 13Bar of suits and proceedings against officers, etc.
- Section 14Repeal of enactments.
- Section 15Savings.