The Oriental Gas Company Act, 1857
Learn about The Oriental Gas Company Act, 1857, which is an Indian law governing the incorporation and functioning of companies involved in producing and supplying gas.
Oriental Gas Company ActGas Supply CompaniesIncorporation Of CompaniesPowers And Duties Of Directors And ShareholdersAuditorsBorrowing Of Money By Companies
Summary
The Oriental Gas Company Act, 1857 is an Indian law that regulates the incorporation and operation of companies involved in producing and supplying gas. The Act lays down provisions related to the establishment, management, and winding up of such companies. It defines the powers and duties of the directors and shareholders, and the responsibilities of the auditors. The Act also specifies the procedure for issuing and transferring shares, and the rules governing the borrowing of money by these companies. The Oriental Gas Company Act, 1857 is an important legislation that has been amended over the years to keep up with changing business practices.
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