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Deepali Garg (none)     16 July 2012

Act names


while reading acts like companies act, essential comdities act, sebi act the following usually appears

The Indian stamp Act, 1899 (2 of 1899), the wealth tax act, 1957 (27 of 1957), securities contracts (regulations) act, 1956(42 of 1956) etc.

what does this (2 of 1899) and (27 of 1957) mean? Is it important to learn them?

can someone send me the particulars of case Henderson Vs bank of Australia

 1 Replies

CA Suraj Lakhotia

CA Suraj Lakhotia (IndigoLearn)     16 July 2012

It is not necessary to remember the Act Number, just year is enough. 

The numbers in brackets are reference numbers - probably 2 of 1899 would mean second act passed in 1899.

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