Powers of Central Government or Tribunal to Accord Approval, etc., Subject to Conditions and to Prescribe Fees on Applications. | Notified Date of Section: 12/09/2013 |
459. (1) Where the Central Government or the Tribunal is required or authorised by many provision of this Act— then, the Central Government or the Tribunal may in the absence of anything to the contrary contained in that provision or any other provision of this Act, accord, give or grant such approval, sanction, consent, confirmation, recognition, direction or exemption, subject to such conditions, limitations or restrictions as it may think fit to impose and may, in the case of a contravention of any such condition, limitation or restriction, rescind or withdraw such approval, sanction, consent, confirmation, recognition, direction or exemption. (2) Save as otherwise provided in this Act, every application which may be, or is required to be, made to the Central Government or the Tribunal under any provision of this Act— shall be accompanied by such fees as may be prescribed: Provided that different fees may be prescribed for applications in respect of different matters or in case of applications by different classes of companies. |