The Enemy Trading Act 1916, 10 of 1916, (Rep., Act 12 of 1927)

Section 10. (1) The Governor General in Council may make rules for all or any of the following purposes, namely:— make rules

Repealed or not in force · As amended up to 2026-08

10. (1) The Governor General in Council may make rules for all or any of the following purposes, namely:— make rules. (a) providing for the distribution or disposal of any assets, or any money resulting from the 50 Enemy Trading. [ACT X the realization of any part thereof, of any business in respect of which a winding up order has been made under this Act; (b) prescribing that hostile foreigners and hostile firms or any class of hostile foreigners or hostile firms shall, when required by the Custodian, furnish to him such particulars as he may require of all or any moveable or immoveable property in their possession, or under their control, whether direct or indirect; (c) requiring persons in British India to furnish to the Custodian such particulars as he may require of all or any class of debts or other property due by them to any person to whom the provisions of section 7 are or may be applicable; (d) prescribing the remuneration payable to the Custodian in respect of his duties under this Act, the fund from which it shall be paid, and the method of collecting the same; and (e) generally for carrying out the purposes of this Act. (2) In making any rule under this section, the Governor General in Council may direct that a breach of it shall be punishable with imprisonment which may extend to a term not exceeding six months, or with fine which may extend to one thousand rupees, or with both. Certain licenses under the Hostile Foreigners (Trading) Order to be deemed to be orders issued under section 4 (1) (a). Power to deal with non-trading companies.

Source: India Code