The Indian Companies Act 1866, 10 of 1866, (Rep., Act 6 of 1882)

Section 67. In any suit brought by the Compaiiy against any member to recovey plaintinsuits any call or other mo

Repealed or not in force · As amended up to 2026-08

67. In any suit brought by the Compaiiy against any member to recovey plaintinsuits any call or other monies due from such member in his memberscharacter of member, it shall be sufficient to allege that the defendant is a member of the Company and is indebted to the Company in respect of a call made or other molzies due whe~aby a suit has accrued to the Company. Alteration of Forn%s, `68,` The forms set forth in the second Schedulc hereto, oil forms as near Goveruor-Gened in[thereto as circumstaiices admit, shall be used in all matters ] Collncil may alter to which such forms refel*. The Governor-General of India forms in Schedule. in Council may from time to tinie niake such alteratiolis in the Tables and forms contained in the first Scliedule hereto, so that lie does llot increase tlie arnomt of fees payable to the Registrar in the said Sched~~le mentioned, and in the forms in the second Scliedule, or make such additions to the last ~xentionec! foriils, as lie decms requisite. Ally such Tal~le or form, whcl-, alteycd, shall he pul~lisl~cd in tlic Gaxettc of hldiii, and up011 s;clr being maclc, such Table or form shall 11ar.e the same force as if it weye included ill tlrc Scllcclule to this Act, but no alteration made hy tl~e Governor-Gzl:eral of ~ ~ ~ ~ b l i c n t i ~ ~ ~ `India` . I . ACT No. X OF 1866.' India in Council ill the Table marked A contained ill the first Schedule shall affect anv C _ Company registered prior to the date of such alteration, or repeal, as respects such Company, 'any poition of such Table. - Ar6itratio1zs. 69. ~ n y Company under t ~ ~ c s oay from time to time, by writing t under its common seal,. agree to refer and may refer. to Power for Companies to refer matters arbitration any mattey wl~atsoever in dispute between itself to arbitration.. %~.lzd a*ny other Company or person; a.nd the Colnpanies, parties to the aybitration, ma7 delegate to the person or persons to mrhorn the refeyeace is made power to settle auy terms or to determine any matter capa,ble of being lawfully settled or determined by the Companies themselves, or by the Directors or other ualzaging body of such Companies. 70.[The elo1npa;llies jointly, but not otherwise, from time to ti,me, by ] writing under their respective common seals, nlay ad.d to, l'omer to rillel. or revoke agreements for alter or re~roke any sgreemenl foi. rcforellce in a.s,cordance reference. with this Act theretofore entered into between the Compa- nies, or any of the terms, conditions or stipulations thereof. 71.[Xvery reference or agreement in accordance with this Act, except-so ] far as it is from time to time revolced or modified in accord.carried A.$reements into effect. be ance with this Act, shall bind the Companies, and may and shall be carried into .full effect. '92.[Where the Colnpanies agree, the reference ][sllall ][be ] Reference to Arbitrator. made to a single Arbitrator. 73.[Except ~vllere the Coqaliies agree that the refe~ence sl~all ][be ][made ] lieferellce to t ~ r o or to a single Arbitrator, the ~cferenc~ sha811 be made as follows ; .more Arbitrators. to wit- MThe.re there are two Conzjmnies, the reference shall be made to two Arbitrators : , T'Vllere there ape three or more Coiilyauies, the reference shall be made , to so many Arbitrators as there arc Companies. 76,.[TTT11crc there are to be two or more Arbitjrators, every Col111)r~ily shail ] by ~ ~ ~ r i t i n g -~uldcr their colvilloll seal appoint ollc of the Appointment of Arbjtlniols bg Cornl,ahrbitrat.ors, aird sllall g i ~ e notiuc ill writing thereof to t,l~c n1es. other Collil~any or Collil3anies. 75. TVhcrc ACT No. X `OF 1866.`

Source: India Code