Alteration of company schedules permits government notification to amend schedule provisions, subject to parliamentary review and modification. Section 641 authorizes the Central Government to alter Schedule provisions (except Schedules XI and XII) by notification; such alterations operate as if enacted in the Act and come into force on notification unless stated otherwise, with a proviso preventing changes to Table A of Schedule I from applying to companies registered before the alteration; all alterations must be laid before both Houses of Parliament for thirty days, whereafter Parliament may modify or annul them without affecting prior acts done under the alteration.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Alteration of company schedules permits government notification to amend schedule provisions, subject to parliamentary review and modification.
Section 641 authorizes the Central Government to alter Schedule provisions (except Schedules XI and XII) by notification; such alterations operate as if enacted in the Act and come into force on notification unless stated otherwise, with a proviso preventing changes to Table A of Schedule I from applying to companies registered before the alteration; all alterations must be laid before both Houses of Parliament for thirty days, whereafter Parliament may modify or annul them without affecting prior acts done under the alteration.
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