The Maharashtra Forward Contracts Control Act
Administered by. Govt of Maharashtra, Urban Development Department · Other Acts of 1947
Preamble
MAHARASHTRA ACT No. LXIV OF 19471
[THE MAHARASHTRA FORWARD CONTRACTS CONTROL ACT.]
[7th February 1948]
An Act to provide for the regulation and control of forward contracts, for prohibition of options and for certain other purposes In the Province of Bombay.
WHEREAS it is expedient to regulate and control forward contracts, to prohibit options and to provide for certain other purposes hereinafter appearing ;
It is hereby enacted as follows :-
Sections
Type to filter. 15 sections.
- 1Short title and operation
- 2Definitions
- 3Recognition
- 4Power of Provincial Government to supersede the governing body, and suspend business
- 5Power of Provincial Government to make rules and add to, etc., articles of association
- 6Power of recognised association to make, add to, vary or rescind bye-laws
- 7Power of Provincial Government to make bye-laws
- 8Illegal contracts and penalty
- 9Options in goods illegal
- 10Penalty for owing or keeping place used for entering into forward contracts in contravention of Act, etc
- 11Jurisdiction under Act
- 12Offences by corporations and firms
- 13Bar of suits and proceedings against officers, etc
- 14Repeal of enactments
- 15Savings
Related Acts
- The Bombay Industrial Relations Act, 1946173 sections
- The Maharashtra Agricultural Debtors Relief Act68 sections
- The Maharashtra Prevention of Fragmentation and Consolidation of Holdings Act55 sections
- The Maharashtra Home Guards Act14 sections
- The Dispositions of Property (Bombay) Validation Act, 19474 sections
- The Maharashtra Tenancy and Agricultural Lands Act167 sections
- The Bombay Diseases of Animals Act, 194840 sections
- The Maharashtra Land Requisition Act37 sections
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Every one of the 15 sections of this Act has its own page. This page is not a substitute for legal advice.