shares from a shareholder in accordance with the provisions of section 77A of the Companies Act, 1956 (1 of 1956); (v) any distribution of shares
shares from a shareholder in accordance with the provisions of section 77A of the Companies Act, 1956(1 of 1956); (v) any distribution of shares ... word "resident", the words, figures and brackets ", and for the purposes of sections 92, 93 and 168, includes a person who is not ordinarily resident
Section 77A in The Companies Act, 1956
77A. [Power of company to purchase its own securities -
(1) Notwithstanding anything contained in this Act, but subject ... provisions of sub-section (2) of this section and section 77-B, a company may purchase its own shares or other specified securities (hereinafter referred
Section 77A in Karnataka Land Reforms Act, 1961
77A. Grant of land in certain cases.—
(1) Notwithstanding anything contained in this Act, if the Deputy ... exceeding one unit, which has vested in the State Government under section 44; and (ii) being entitled to be registered as an occupant of such
Section 77A in The Maharashtra Co-Operative Societies Act, 1960
77A. [ [Appointment of member of committee, new committee, authorised officers, where there is failure ... constitute committee or where committee does not enter upon office, etc.] [Section 77A was inserted by Maharashtra 36 of 1975, Section 5.]
(1) Where
Section 33 in Finance Act, 1999
33. Insertion of new section 46A.
- After section 46 of the Income-tax Act, the following section shall ... purposes of this section, "specified securities" shall have the meaning assigned to it in Explanation to section 77A of the Companies Acts
cent on the distributed income. [Provided that the provisions of this sub-section shall not apply to such buy-back of shares (being the shares ... force relating to companies] [Substituted by Act 28 of 2016, section 58, for 'section 77A of the Companies
precedence to that section over the provisions of Sections 100-104. Section 391 is misconceived. The non-obstante clause in Section 77A namely "notwithstanding ... that section without approaching the court under Sections 100-104 or Section 391 . There is nothing in the provision of Section 77A to indicate that
shares of the petitioners does not arise. Further, as per Section 77A of the Act, a listed company cannot buy its own shares without following ... obstante clause, the powers under Section 402 have to be exercised within the frame work of Section 77A . Therefore, in view of the fact that
power under
Section 77-A can also be exercised by the Inspector
General of Registration under sub- section 2 of
Section ... Registration under sub- section 2 of
Section 77- A, appeal would lie before the State
Government under Sub- Section 2 of Section