Section 404: Fees, etc., to be credited into public account
This section is for requiring that all fees and charges received by government officers under the Act be credited into the public account of India.
The section, clause by clause
What the section says
In plain terms
All fees, charges and other sums received by any Registrar, Additional, Joint, Deputy or Assistant Registrar or any other officer of the Central Government in pursuance of any provision of this Act shall be paid into the public account of India in the Reserve Bank of India.
CHAPTER XXV COMPANIES TO FURNISH INFORMATION OR STATISTICS
The right-hand column is written from the section text, not quoted from it, and it has no legal force. Where the two differ, the left-hand column is the law.
Amendment notes
- 1. Subs. by Act 1 of 2018, s. 80, for the first proviso (w.e.f. 7-5-2018).
- 2. Subs. by, s. 80, ibid, for second and third proviso (w.e.f. 1-7-2022).
- 3. Subs. by Act 29 of 2020, s. 56, for the third proviso (w.e.f. 1-7-2022).
- 4. Subs. by Act 1 of 2018, s. 80, for sub-section (2) (w.e.f. 7-5-2018).
Search the whole Act, or ask it a question, in the interactive browser.
Reproduced from the official India Code print for reference. Check the current text on India Code before you rely on it, and read the section alongside its Rules. Nothing here is legal advice.