Government rulemaking power compels recognised associations to make or amend rules or prompts central imposition. The Central Government may direct any recognised association to make or amend rules within a specified period; if the association fails to comply, the Central Government may make or amend those rules itself, publish them in the Gazette, and those rules will take effect notwithstanding any contrary provision in the Companies Act or other law, as if made or amended by the recognised association.
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.
Government rulemaking power compels recognised associations to make or amend rules or prompts central imposition.
The Central Government may direct any recognised association to make or amend rules within a specified period; if the association fails to comply, the Central Government may make or amend those rules itself, publish them in the Gazette, and those rules will take effect notwithstanding any contrary provision in the Companies Act or other law, as if made or amended by the recognised association.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.