In force
The Bengal Bonded Warehouse Association Act, 1838
37 sections · As amended up to 2026-08
Sections
- 1Incorporation
- 2The word "that" omitted by s. 2 and Sch. I, ibid
- 3Capital Stock and shares
- 4Registering of names of proprietors
- 5Share-certificates
- 6Transfer of shares
- 7Proprietors of shares to be members of Association
- 8First Directors of Association
- 9Removal and election of Directors
- 10Directors to go out by rotation
- 11Election of successor, when Director ceases to be so, otherwise than by rotation
- 12[
- 13Directors to be residents of Bengal Presidency
- 15Adjournment of ordinary meetings
- 16Extraordinary general meetings
- 17Voting at general meetings
- 18Number of votes to which proprietors are entitled
- 19Votes of joint proprietors shares
- 20Voting by proxy
- 21Authority of Directors
- 22Calls for share money
- 23Interest to run on each call
- 24Power to refuse to register transfer by defaulting proprietor
- 25Extension of Act 25 of 1836 to warehouses of Association
- 26Power to give general security for payment of import and export duties
- 27Rates for warehousing
- 28Certificates of deposit, transferable by endorsement
- 29Suits against Association
- 30Joint Stock of Association
- 31Individual members not to be liable
- 33Increase of Capital Stock
- 34Option to original proprietors to subscribe in first instance
- 35Provisions of Act to apply to additional Stock
- 36East India Company to have right of pre-emption
- 37[Dissolution of Association by order of the Governor General in Council .]—[ Repealed by Act 5 of 1854, Section 1 .]
- 38Dissolution of Association by resolution of proprietors
- 39Division of property on dissolution