Act Text
Preamble1 - Companies Act, 1956
Section1 - Short title, commencement and extent
Section2 - Definitions: In this Act, unless the context otherwise requires,- [
Section2A - Interpretation of certain words and expressions: [. Words and expressions used and not defined in this Act but defined
Section3 - Definitions of "Company", "existing company", "private company" and public company"
Section4 - Meaning of "holding company" and "subsidiary"
Section4A - Public financial institutions
Section5 - Meaning of "officer who is in default: For the purpose of any provision in this Act which enacts that an officer of the
Section6 - Meaning of "relative".: A person shall be deemed to be a relative of another if, and only if,
Section7 - Interpretation of "person in accordance with whose directions or instructions directors are accustomed to act": Except
Section8 - Power of Central Government to declare an establishment not to be a branch office: The Central Government may, by
Section9 - Act to override memorandum, articles, etc: Save as otherwise expressly provided in the Act
Section10 - Jurisdiction of Courts
Section10A - Constitution of Tribunal: [Omitted by the
Section10B - Procedure of Tribunal: [Omitted by the
Section10C - Powers of Tribunal: [Omitted by the
Section10D - Appeals against decisions, etc., of the Tribunal: [Omitted by the
Section10E - Constitution of Board of Company Law Administration
Section10F - Appeals against the orders of the Company Law Board: Any person aggrieved by any decision or order ["made before the
Section10G - Power to punish for contempt: The Appellate Tribunal shall have the same jurisdiction, powers and authority in respect
Part2 - : INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO:
Section11 - Prohibition of associations and partnerships exceeding certain number
Section12 - Mode of forming incorporated company
Section13 - Requirements with respect to memorandum
Section14 - Form of memorandum: The memorandum of association of a company shall be in such one of the Forms in Tables B, C, D and
Section15 - Printing and signature of memorandum: The memorandum shall
Section15A - Special provision as to alteration of memorandum consequent on alteration of name of State of Madras: [. Where, in the
Section15B - Special provision as to alteration of memorandum consequent on alteration of name of State of Mysore: [ Where, in the
Section16 - Alteration of memorandum
Section17 - Special resolution and confirmation by Central Government required for alteration of memorandum
Section17A - Change of registered office within a State
Section18 - Alteration to be registered within three months
Section19 - Effect of failure to register
Section20 - Companies not to be registered with undesirable names
Section21 - Change of name by company: A company may, by special resolution and with the approval of the Central Government
Section22 - Rectification of name of company
Section23 - Registration of change of name and effect thereof
Section24 - Change of name of existing private limited companies
Section25 - Power to dispense with "Limited" in name of charitable or other company*
Section26 - Articles prescribing regulations: There may in the case of a public company limited by shares, and there shall in the
Section27 - Regulations required in case of unlimited company, company limited by guarantee or private company limited by shares
Section28 - Adoption and application of Table A in the case of companies limited by shares
Section29 - Form of articles in the case of other companies: The articles of association of any company, not being a company
Section30 - Form and signature of articles: Articles shall
Section31 - Alteration of articles by special resolution
Section32 - Registration of unlimited company as limited, etc
Section33 - Registration of memorandum and articles
Section34 - Effect of registration
Section35 - Conclusiveness of certificate of Incorporation: A certificate of incorporation given by the Registrar in respect of any
Section36 - Effect of memorandum and articles
Section37 - Provision as to companies limited by guarantee
Section38 - Effect of alteration in memorandum or articles: Notwithstanding anything in the memorandum or articles of a company, no
Section39 - Copies of memorandum and articles, etc., to be given to members
Section40 - Alteration of memorandum or articles, etc., to be noted in every copy
Section41 - Definition of "member"
Section42 - Membership of holding company
Section43 - Consequences of default in complying with conditions constituting a company a private company: Where the articles of a
Section43A - Private company to become public company in certain cases: [ [
Section44 - Prospectus or statement in lieu of prospectus to be filed by private company on ceasing to be private company
Section45 - Members severally liable for debts where business carried on with fewer than seven, or in the case of a private
Section46 - Form of contracts
Section47 - Bills of exchange and promissory notes: A bill of exchange, hundi or promissory note shall be deemed to have been made,
Section48 - Execution of deeds
Section49 - Investments of company to be held in its own name
Section50 - Power for company to have official seal for use outside India
Section51 - Service of documents on company: A document may be served on a company or an officer thereof by sending it to the
Section52 - Service of documents on Registrar: A document may be served on a Registrar by sending it to him at his office by post
Section53 - Service of documents on members by company
Section54 - Authentication of documents and proceedings: Save as otherwise expressly provided in this Act, a document or proceeding
Section55 - Dating of prospectus: A prospectus issued by or on behalf of a company or in relation to an intended company shall be
Section56 - Matters to be stated and reports to be set out in prospectus
Section57 - Expert to be unconnected with formation or management of company: A prospectus inviting persons to subscribe for shares
Section58 - Expert's consent to issue of prospectus containing statement by him: A prospectus inviting persons to subscribe for
Section58A - Deposits not to be invited without issuing an advertisement: [
Section59 - Penalty and interpretation
Section60 - Registration of prospectus
Section60A - Shelf prospectus
Section60B - Information memorandum
Section61 - Terms of contract mentioned in prospectus or statement in lieu of prospectus, not to be varied: A company shall not, at
Section62 - Civil liability for mis-statements in prospectus
Section63 - Criminal liability for mis-statements in prospectus
Section64 - Document containing offer of shares or debentures for sale to be deemed prospectus
Section65 - Interpretation of provisions relating to prospectuses
Section66 - Newspaper advertisements of prospectus: Where any prospectus is published as a newspaper advertisement, it shall not be
Section67 - Construction of references to offering shares or debentures to the public, etc
Section68 - Penalty for fraudulently inducing persons to invest money: Any person who, either by knowingly or recklessly making any
Section68A - Personation for acquisition, etc., of shares
Section68B - Initial offer of securities to be in dematerialized form in certain cases: [ Notwithstanding anything contained in any
Section69 - Prohibition of allotment unless minimum subscription received
Section70 - Prohibition of allotment in certain cases unless statement in lieu of prospectus delivered to Registrar: Mentioned in
Section71 - Effect of irregular allotment
Section72 - Applications for, and allotment of, shares and debentures
Section73 - Allotment of shares and debentures to be dealt in on stock exchange: [ [***] [***] [
Section74 - Manner of reckoning fifth, eighth and tenth days in sections 72 and 73: In reckoning for the purposes of
Section75 - Return as to allotments
Section76 - Power to pay certain commissions and prohibition of payment of all other commissioner discount, etc
Section77 - Restrictions on purchase by company, or loans by company for purchase, of its own or its holding company's shares
Section77A - [Power of company to purchase its own securities
Section77B - Prohibition for buy-back in certain circumstances
Section78 - Application of premiums received on issue of shares
Section79 - Power to issue shares at a discount
Section79A - Issue of sweat equity shares
Section80 - Power to issue redeemable preference shares
Section80A - Redemption of Irredeemable preference shares, etc: [
Section81 - Further issue of capital
Section82 - Nature of shares 77
Section83 - Numbering of shares: [ Each share in a company having a share capital shall be distinguished by its appropriate number
Section84 - Certificate of shares: [
Section85 - Two kinds of share capital
Section86 - New issues of share capital to be only of two kinds: [The share capital of a company limited by shares shall be of two
Section87 - Voting rights
Section88 - Prohibition of issue of shares with disproportionate rights: [Omitted by the Companies
Section89 - Termination of disproportionately excessive voting rights in existing companies
Section90 - Savings
Section91 - Calls on shares of same class to be made on uniform basis: Where after the commencement of this Act, any calls for
Section92 - Power of company to accept unpaid share capital, although not called up
Section93 - Payment of dividend in proportion to amount paid-up: A company may, if so authorised by its articles, pay dividends in
Section94 - Power of limited company to alter its share capital
Section94A - Share capital to stand Increased where an order is made under section 81
Section95 - Notice to Registrar of consolidation of share capital, conversion of shares into stock, etc
Section96 - Effect of conversion of shares into stock: Where a company having a share capital has converted any of its shares into
Section97 - Notice of increase of share capital or of members
Section98 - Power of unlimited company to provide for reserve share capital on re-registration: An unlimited company having a share
Section99 - Reserve liability of limited company: A limited company may, by special resolution, determine that any portion of its
Section100 - Special resolution for reduction of share capital
Section101 - Application to Court for confirming order, objections by creditors, and settlement of list of objecting creditors
Section102 - Order confirming reduction and powers of Court on making such order
Section103 - Registration of order and minute of reduction
Section104 - Liability of members in respect of reduced shares
Section105 - Penalty for concealing name of creditor, etc: If any officer of the company- he shall be punishable with imprisonment
Section106 - Alteration of rights of holders of special classes of shares: [ Where the share capital of a company is divided into
Section107 - Rights of dissentient shareholders
Section108 - Transfer not to be registered except on production of Instrument of transfer
Section108A - Restriction on acquisition of certain shares: [
Section108B - Restriction on transfer of shares
Section108C - Restriction on the transfer of shares of foreign companies: No body corporate or bodies corporate under the same
Section108E - Time within which refusal to be communicated: Every request made to the Central Government for according its approval
Section108F - Nothing in sections 108A to 108D to apply to Government companies, etc: Nothing contained in
Section108G - Applicability of the provisions of sections 108A to 108F: The provisions of
Section108H - Construction of certain expressions used in sections 108A to 108G: The expressions "group", "same management",
Section108I - Penalty for acquisition or transfer of share in contravention of sections 108 to 108D
Section109 - Transfer by legal representative: A transfer of the share or other interest in a company of a deceased member thereof
Section109A - Nomination of shares
Section109B - Transmission of shares
Section110 - Application for transfer
Section111 - Power to refuse registration and appeal against refusal
Section111A - Rectification of register on transfer
Section112 - Certification of transfers
Section113 - Limitation of time for issue of certificates
Section114 - Issue and effect of share warrants to bearer
Section115 - Share Warrants and entries in register of members
Section116 - Penalty for personation of shareholder: If any person deceitfully personates an owner of any share or interest in a
Section117 - Debentures with voting rights not to be issued hereafter: No company shall, after the commencement of this Act, issue
Section117A - Debenture trust deed
Section117B - Appointment of debenture trustees and duties of debenture trustees
Section117C - Liability of company to create security and debenture redemption reserve
Section118 - Right to obtain copies of and inspect trust deed
Section119 - Liability of trustees for debenture holders
Section120 - Perpetual debentures: A condition contained in any debentures or in any deed for securing any debentures, whether
Section121 - Power to re-issue redeemed debentures in certain cases
Section122 - Specific performance of contract to subscribe for debentures: A contract with a company to take up and pay for any
Section123 - Payments of certain debts out of assets subject to floating charge in priority to claims under the charge
Part5 - : REGISTRATION OF CHARGES:
Section124 - "Charge" to include mortgage in this Part: In this Part, the expression "charge" includes a mortgage
Section125 - Certain charges to be void against liquidator or creditors unless registered
Section126 - Date of notice of charge: Where any charge on any property of a company required to be registered under
Section127 - Registration of charges on properties acquired subject to charge
Section128 - Particulars in case of series of debentures entitling holders pari passu: Where a series of debentures containing, or
Section129 - Particulars in case of commission, etc., on debentures: Where any commission, allowance or discount has been paid or
Section130 - Register of charges to be kept by Registrar: [
Section131 - Index to register of charges: The Registrar shall keep a chronological index, in the prescribed form and with the
Section132 - Certificate of registration: The Registrar shall give a certificate under his hand of the registration of any charge
Section133 - Endorsement of certificate of registration on debenture or certificate of debenture stock
Section134 - Duty of company as regards registration and right of interested party
Section135 - Provisions of Part to apply to modification of charges: Whenever the terms or conditions, or the extent or operation,
Section136 - Copy of instrument creating charge to be kept by company at registered office: Every company shall cause a copy of
Section137 - Entry in register of charges of appointment of receiver or manager
Section138 - Company to report satisfaction and procedure thereafter
Section139 - Power of registrar to make entries of satisfaction and release in absence of intimation from company: The Registrar
Section140 - Copy of memorandum of satisfaction to be furnished to company: Where the Registrar enters a memorandum of satisfaction
Section141 - Rectification by Central Government of register of charges
Section142 - Penalties
Section143 - Company's register of charges
Section144 - Right to inspect copies of instruments creating charges and company's register of charges
Section145 - Application of Part to charges requiring registration under it but not under previous law: In respect of [any charge
Section146 - Registered office of company
Section147 - Publication of name by company
Section148 - Publication of authorized as well as subscribed and paid-up capital
Section149 - Restrictions on commencement of business
Section150 - Register of members
Section151 - Index of members
Section152 - Register and index of debenture holders
Section152A - Register and index of beneficial owners: [The register and index of beneficial owners maintained by a depository under
Section153 - Trusts not to be entered on register: No notice of any trust, express, implied or constructive, shall be entered on the
Section153A - Appointment of public trustee: [
Section153B - Declaration as to shares and debentures held in trust
Section154 - Power to close register of members or debenture holders
Section155 - Power of Court to rectify register of members: [Omitted by the Companies
Section156 - Notice to registrar of rectification of register: [Omitted by the Companies
Section157 - Power for company to keep foreign register of members or debenture holders
Section158 - Provisions as to foreign registers
Section159 - Annual return to be made by company having a share capital
Section160 - Annual return to be made by company not having a share capital
Section161 - Further provisions regarding annual return and certificate to be annexed thereto
Section162 - Penalty and Interpretation
Section163 - Place of keeping, and inspection of, registers and returns
Section164 - Registers, etc., to be evidence: The register of members, the register of debenture holders, and the annual returns,
Section165 - Statutory meeting and statutory report 43 of company
Section166 - Annual general meeting: [
Section167 - Power of Central Government to call annual general meeting
Section168 - Penalty for default in complying with section 166 or 167: If default is made in holding a meeting of the company in
Section169 - Calling of extraordinary general meeting on requisition
Section170 - Sections 171 to 186 to apply to meetings
Section171 - Length of notice for calling meeting
Section172 - Contents and manner of service of notice and persons on whom it is to be served
Section173 - Explanatory statement to be annexed to notice
Section174 - Quoram for meeting
Section175 - Chairman of meeting
Section176 - Proxies
Section177 - voting to be by show of hands in first instance: At any general meeting, a resolution put to the vote of the meeting
Section178 - Chairman's declaration of result of voting by show of hands to be conclusive: A declaration by the chairman in
Section179 - Demand for pool
Section180 - Time of taking poll
Section181 - Restriction on exercise of voting right of members who have not paid calls, etc.: Notwithstanding anything contained in
Section183 - Right of member to use his votes differently: On a poll taken at a meeting of a company, a member entitled to more than
Section184 - Scrutineers at poll
Section185 - Manner of taking poll and result thereof
Section186 - Power of Tribunal to order meeting to be called
Section187 - Representation of corporations at meetings of companies and of creditors
Section187A - (Representation of the President and Governors in meetings of companies of which they are members
Section187B - Exercise of voting rights in respect of shares held in trust
Section187C - (Declaration by persons not holding beneficial interest in any share
Section187D - {Investigation of beneficial ownership of shares in certain cases: Where it appears to the Central Government that
Section188 - Circulation of members' resolutions
Section189 - Ordinary and special resolutions
Section190 - Resolutions requiring special notice
Section191 - Resolutions passed at adjourned meetings: Where a resolution is passed at an adjourned meeting of- the resolution
Section192 - Registration of certain resolutions and agreements
Section192A - (Passing of resolutions by postal ballot
Section193 - Minutes of proceedings of general meetings and of Board and other meetings: [
Section194 - Minutes to be evidence: [ Minutes of meetings kept in accordance with the provisions of
Section195 - Presumptions to be drawn where minutes duly drawn and singed: Where minutes of the proceedings of any general meeting
Section196 - Inspection of minute books of general meetings
Section197 - Publication of reports of proceedings of general meetings
Section197A - Company not to appoint or employ certain different categories of managerial personnel at the same time: Notwithstanding
Section198 - (Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits: [***]
Section199 - Calculation of commissioner, etc., in certain cases
Section200 - Prohibition of tax-free payments
Section201 - AVOIDANCE OF PROVISONS RELIEVING LIABILITY OF OFFICERS AND AUDITORS OF COMPANY
Section202 - Undischarged insolvent not to manage companies
Section203 - Power to restrain fraudulent persons from managing companies
Section204 - Restriction on appointment of firm or body corporate to office or place of profit under a company: [
Section204A - (Omitted by the Companies
Section205 - [Dividend to be paid only out of profits
Section205A - [Unpaid dividend to be transferred to special dividend account
Section205B - [Payment of unpaid or unclaimed dividend: Any person claiming to be entitled to any money transferred under sub-section
Section205C - [Establishment of Investor Education and Protection Fund
Section206 - Dividend not to be paid except to registered shareholders or to their order or to their bankers
Section206A - [Right to dividend, rights shares and bonus shares to be held in abeyance pending registration of transfer of shares
Section207 - [Penalty for failure to distribute dividends within thirty days: Where a dividend has been declared by a company but
Section208 - Power of company to pay interest out of capital in certain cases
Section209 - Books of account to be kept by company : [
Section209A - [Inspection of books of account, etc., of companies
Section210 - Annual accounts and balance sheet
Section210A - [Constitution of National Advisory Committee on Accounting Standards
Section211 - Form and contents of balance sheet and profit and loss account
Section212 - (1) There shall be attached to the balance sheet of a holding company having a subsidiary or subsidiaries at the end of
Section213 - Financial year of holding company and subsidiary
Section214 - Rights of holding company's representatives and members
Section215 - Authentication of balance sheet and profit and loss account
Section216 - Profit and loss account to be annexed and auditors: report to be attached to balance sheet: The profit and loss account
Section217 - Board's report
Section218 - Penalty for Improper issue, circulation or publication of balance sheet or profit and loss account
Section219 - Right of member to copies of balance sheet and auditors' report
Section220 - Three copies of balance sheet, etc., to be filed with Registrar
Section221 - Duty of officer to make disclosure of payments, etc
Section222 - Construction of references to documents annexed to accounts: References in this Act to documents annexed or required to
Section223 - Certain companies to publish statement in the Form in Table F in Schedule I
Section224 - Appointment and remuneration of auditors: For the purposes of this sub-section, any sums paid by the company in respect
Section224A - [Auditor not to be appointed except with the approval of the company by special resolution in certain cases
Section225 - Provisions as to resolutions for appointing or removing auditors
Section226 - Qualifications and disqualification of auditors
Section227 - Powers and duties of auditors
Section228 - Audit of accounts of branch office of company
Section229 - Signature of audit report, etc.: Only the person appointed as auditor of the company, or where a firm is so appointed
Section230 - Reading and Inspection of auditor's report: The auditor's report shall be read before the company in general meeting
Section231 - Right of auditor to attend general meeting: All notices of, and other communications relating to, any general meeting
Section232 - Penalty for non-compliance with sections 225 to 231: If default is made by a company in complying with any of the
Section233 - Penalty for non-compliance by auditor with sections 227: and 229: If any auditor's report is made, or any document of
Section233A - [Power of Central Government to direct special audit in certain cases
Section233B - [Audit of cost accounts in certain cases
Section234 - Power of Registrar to call for information or explanation
Section234A - [Seizure of documents by Registrar
Section235 - Investigation: [Investigation of the affairs of a company
Section236 - Application by members to be supported by evidence and power to call for security: An application by members of a
Section237 - Investigation of company's affairs in other cases: Without prejudice to its powers under
Section238 - Firm, body corporate or association not to be appointed as inspector: No firm, body corporate or other association
Section239 - [Power of inspectors to carry Investigation into affairs of related companies: *[***]
Section240 - Production of documents and evidence: [
Section240A - [Seizure of documents by inspector
Section241 - Inspector's report
Section242 - Prosecution
Section243 - Application for winding up of company or an order under section 397 or 398: If any such company or other body corporate
Section244 - Proceedings for recovery of damages or property
Section245 - Expenses of investigation
Section246 - Inspectors report to be evidence: A copy of any report of any inspector or inspectors appointed under
Section247 - Investigation of ownership of company
Section248 - Information regarding persons having an interest in company, or in body corporate or firm acting as managing agent
Section249 - Investigation of associateship with managing agent, etc.: [Omitted by the Companies
Section250 - [Imposition of restrictions upon shares and debentures and prohibition of transfer of shares or debentures in certain
Section250A - [Voluntary winding up of company, etc., not to stop investigation proceedings: An investigation may be initiated under
Section251 - Saving for legal advisers and bankers: Nothing in
Chapter2 - : DIRECTORS:
Section252 - Minimum number of directors
Section253 - Only individuals to be directors: No body corporate, association or firm shall be appointed director of a [***]
Section255 - Appointment of directors and proportion of those who are to retire by rotation
Section256 - Ascertainment of directors retiring by rotation and filing of vacancies
Section257 - Right of persons other than retiring directors to stand for directorship
Section258 - Right of company to increase or reduce the number of directors: [***] Subject to the provisions of
Section259 - Increase in number of directors to require Government sanction: In the case of a public company or a private company
Section260 - Additional directors: Nothing in
Section261 - Certain persons not to be appointed directors, except by special resolution: [Omitted by the Companies
Section262 - Filing of casual vacancies among directors
Section263 - Appointment of directors to be voted on individually
Section263A - [Sections 177, 255, 256 and 263 not to apply in relation to companies not carrying business for profit, etc.: Nothing
Section264 - [Consent of candidate for directorship to be filed with the company and consent to act as director to be filed with the
Section266 - Restrictions on appointment or advertisement of director
Section266A - Every
Section266B - Allotment of Director Identification number: The Central Government shall, within one month from the receipt of the
Section266C - Prohibition to obtain more than one director identification Number: No individual, who had already been allotted a
Section266D - Obligation of director to intimate direct identification number to concerned company or companies: Every existing
Section266F - Obligation to indicate director identification Number: Every person or company, while furnishing any return,
Section266G - Penalty for contravention of provisions of section 266A or section 266C or section 266D or section 2
Section266E - If any individual or director, referred to in section 266A or section 266C or section 266D or a company referred to in
Section267 - Certain persons not to be appointed managing directors: No company shall, after the commencement of this Act, appoint
Section268 - Amendment of provision relating to managing, whole-time or non-rotational directors to require Government approval: In
Section269 - [Appointment of managing or whole-time director or manger to require Government approval only in certain cases : SS>
Section270 - Time within which share qualification is to be obtained and maximum amount thereof
Section271 - Filing of declaration of share qualification by director: [Omitted by the Companies
Section272 - Penalty: If, after the expiry of the said period of two months, any person acts as a director of the company when he
Section273 - Saving
Section274 - Disqualifications of directors
Section284 - Removal of directors
Section285 - [Board to meet at least once In every three calendar months. 3
Section286 - Notice of meetings
Section287 - Quorum for meetings
Section288 - Procedure where meeting adjourned for want of quorum
Section289 - Passing of resolutions by circulation. No resolution shall be deemed to have been duly passed by the Board or by a
Section290 - Validity of acts of directors. Acts done by a person as a director shall be valid, notwithstanding that it may
Section291 - General powers of Board
Section292 - Certain powers to be exercised by Board only at meeting
Section292A - [Audit Committee . 3
Section293 - Restrictions on powers of Board
Section293A - Prohibitions and restrictions regarding political contributions
Section293B - Power of Board and other persons to make contributions to the NationalDefence Fund, etc [
Section294 - Appointment of sole selling agents to require approval of company in generalmeeting [
Section294A - [Prohibition of payment of compensation to sole selling agents for loss of officein certain cases. 3
Section295 - Loans to directors, etc. 3
Section296 - [Application of section 295 to book debts in certain cases. 3
Section297 - Board's sanction to be required for certain contracts in which particular directorsare interested. 3
Section298 - Power of directors to carry on business when managing agent or secretaries andtreasurers are deemed to have vacated
Section299 - Disclosure of interests by director
Section300 - Interested director not to participate or vote in Board's proceedings
Section301 - Register of contracts, companies and firms in which directors are interested. 3
Section302 - Disclosure to members of director's interest in contract appointing manager,managing director 89a[***]
Section303 - Register of directors 95[***], etc
Section304 - Inspection of the register
Section305 - [Duty of directors, etc., to make disclosure. 3
Section306 - Register to be kept by Registrar and inspection thereof
Section307 - Register of directors' shareholdings, etc. 3
Section308 - Duty of directors and persons deemed to be directors to make disclosure ofshareholdings
Section309 - Remuneration of directors. 3
Section310 - Provision for increase in remuneration to require Government sanction. 3
Section311 - Increase in remuneration of managing director on re-appointment or appointment after Act to require Government
Section312 - Prohibition of assignment of office by director. Any assignment of his office made alter the commencement of this Act
Section313 - Appointment and term of office of alternate directors
Section314 - Director, etc., not to hold office or place of profit
Section315 - Application of sections 316 and 317. [Omitted by the Companies
Section316 - Number of companies of which one person may be appointed managing director
Section317 - Managing director not to be appointed for more than five years at a time
Section318 - Compensation for loss of office not permissible except to managing or whole-time directors or to directors who are
Section319 - Payment to director, etc., for loss of office, etc., in connection with transfer ofundertaking or property
Section320 - Payment to director for loss of office, etc., in connection with transfer of shares
Section321 - Provisions supplementary to sections 318, 319 and 320
Section322 - Directors, etc., with unlimited liability in limited company
Section323 - Special resolution of limited company making liability of directors, etc.,unlimited
Section324 - Power of Central Government to notify that companies engaged in specifiedclasses of industry or business shall not have
Section324A - Abolition of managing agencies and secretaries and treasurers. [Omitted by the Companies
Section325 - Managing agency company not to have managing agent. [Omitted by the Companies
Section325A - Subsidiary of a body corporate not to be appointed as managing agent. [Omitted by the Companies
Section326 - Central Government to approve of appointment, etc., of managing agent; andcircumstances in which approval may be
Section327 - Application of sections 328 to 331. [Omitted by the Companies
Section328 - Term of office of managing agent. [Omitted by the Companies
Section329 - Variation of managing agency agreement. [Omitted by the Companies
Section330 - Term of office of existing managing agents to terminate on 15th August, 1960. [Omitted by the Companies
Section331 - Application of Act to existing managing agents. [Omitted by the Companies
Section332 - No person to be managing agent of more than ten companies after 15th August,1960. [Omitted by the Companies
Section333 - Right of managing agent to charge on company's assets. [Omitted by the Companies
Section334 - Vacation of office on insolvency, dissolution or winding up, etc. [Omitted by the Companies
Section335 - Suspension from office where receiver appointed. [Omitted by the Companies
Section336 - Vacation of office on conviction in certain cases. [Omitted by the Companies
Section337 - Removal for fraud or breach of trust. [Omitted by the Companies
Section338 - Removal for gross negligence or mismanagement. [Omitted by the Companies
Section339 - Power to call meetings for the purposes of sections 337 and 338 and procedure. [Omitted by me Companies
Section340 - Time when certain disqualifications will take effect. [Omitted by the Companies
Section341 - Conviction not to operate as disqualification if convicted partner, director, etc.,is expelled. [Omitted by the
Section342 - Resignation of office by managing agent. [Omitted by the Companies
Section343 - Transfer of office by managing agent. [Omitted by the Companies
Section344 - Managing agency not to be heritable after commencement of Act, [Omitted by the Companies
Section345 - Succession to managing agency by inheritance or device under agreement beforecommencement of Act, to be subject to
Section346 - Changes in constitution of managing agency, firm or corporation to be approvedby Central Government. [Omitted by the
Section347 - Application of Schedule VIII to certain managing agents. [Omitted by the Companies
Section348 - Remuneration of managing agent ordinarily not to exceed 10 per cent of netprofits. [Omitted by the Companies
Section349 - Determination of net profits
Section350 - Ascertainment of depreciation 3
Section351 - Special provision where there is a profit-sharing arrangement between two ormore companies. [Omitted by the Companies
Section352 - Payment of additional remuneration [Omitted by the Companies
Section353 - Time of payment of remuneration [Omitted by the Companies
Section354 - Managing agent not entitled to office allowance but entitled to be reimbursed inrespect of expenses. [Omitted by the
Section355 - Saving 3
Section356 - Appointment of managing agent or associate as selling agent of goods producedby the company [Omitted by the Companies
Section357 - Application of section 356 to case where business of company consists of thesupply or rendering of any services
Section358 - Appointment of managing agent or associate as buying agent for company [Omitted by the Companies
Section359 - Commission, etc., of managing agent as buying or selling agent of other concerns. [Omitted by the Companies
Section360 - Contracts between managing agent or associate and company for the sale orpurchase of goods or the supply of services,
Section361 - Existing contracts relating to matters dealt with in sections 356 to 360 toterminate on 1st March, 1958. [Omitted by
Section362 - Register to be open to inspection [Omitted by the Companies
Section363 - Remuneration received in contravention of foregoing sections to be held in trust for company [Omitted by the Companies
Section364 - Assignment of, or charge on, remunerationCompany not to be bound by assignment of, or charge on, managing
Section365 - Compensation for termination of officeProhibition of payment of compensation for loss of office in certain cases
Section366 - Limit of compensation for loss of office. [Omitted by the Companies
Section367 - Other rights and liabilities not affected on termination of officeManaging agent's rights and liabilities after
Section368 - Managing agent to be subject to control of Board and to restrictions in Schedule [Omitted by the Companies
Section369 - Loans to managing agent [Omitted by the Companies
Section370 - Loans, etc., to companies under the same management
Section370A - 15[Provisions as to certain loans which could not have been made if sections 369and 370 were in force. Where any loan
Section371 - Penalty for contravention of 18[19[***] section 370 or 370A]
Section372 - [Purchase by company of shares, etc., of other companies. [
Section372A - [Inter-corporate loans and investments. 3
Section373 - Investments made before commencement of Act, Where any investments have been made by a company 3
Section374 - Penalty for contravention of section 372 or 373. If default is made in complying with the provisions of 3
Section375 - Managing agent not to engage in business competing with business of managedcompany. [Omitted by the Companies
Section376 - 33[Conditions prohibiting reconstruction or amalgamation of company. Where any provision in the memorandum or articles
Section377 - Restrictions on right of managing agent to appoint directors. [Omitted by the Companies
Section378 - Appointment of secretaries and treasurers. [Omitted by the Companies
Section379 - Provisions applicable to managing agents to apply to secretaries and treasurerswith the exceptions and modifications
Section380 - Sections 324, 330 and 332 not to apply. [Omitted by the Companies
Section381 - Section 348 to apply subject to a modification . [Omitted by the Companies
Section382 - Secretaries and treasurers not to appoint directors. [Omitted by the Companies
Section383 - Secretaries and treasurers not to sell goods or articles produced by company, etc.,unless authorised by board. [Omitted
Section383A - [Certain companies to have secretaries. 3
Section384 - Firm or body corporate not to be appointed manager. 3
Section385 - Certain persons not to be appointed managers
Section386 - Number of companies of which a person may be appointed manager,
Section387 - Remuneration of manager. The manager of a company may, subject to the provisions of
Section388 - Application of sections 44[269, 310], 311, 312 and 317 to managers.43 The provisions of
Section388A - [Sections 386 to 388 not to apply to certain private companies
Section389 - Power for companies to refer matters to arbitration [Omitted by the Companies
Section390 - Interpretation of sections 391 and 393. In sections 391 and 393
Section391 - Power to compromise or make arrangements with creditors and members
Section392 - Power of Tribunal to enforce compromise and arrangement
Section393 - Information as to compromises or arrangements with creditors and members
Section394 - Provisions for facilitating reconstruction and amalgamation of companies
Section394A - [Notice to be given to Central Government 74for applications under sections 391and 394. 3
Section395 - Power and duty to acquire shares of shareholders dissenting from scheme orcontract approved by majority
Section396 - Power of Central Government to provide for amalgamation of companies innational interest
Section396A - 87[Preservation of books and papers of amalgamated company The books and papers of a company which has been amalgamated
Section397 - Application to ju20[Tribunal] for relief in cases of oppression
Section398 - Application to ju20[Tribunal] for relief in cases of mismanagement
Section399 - Right to apply under sections 397 and 398
Section400 - Notice to be given to Central Government2 of applications under sections 397 and 398 3
Section401 - Right of Central Government to apply under sections 397 and 398. 3
Section402 - Powers of ju20[Tribunal] on application under section 397 or 398. 3
Section403 - Interim order by ju20[Tribunal]. Pending the making by it of a final order under
Section404 - Effect of alteration of memorandum or articles of company by order undersection 397 or 398.6
Section405 - Addition of respondents to application under section 397 or 398 If the managing director or any other director 3
Section406 - Application of sections 539 to 544 to proceedings under sections 397 and 398. In relation to an application under
Section407 - Consequences of termination or modification of certain agreements
Section408 - Powers of Government to prevent oppression or mismanagement.21 3
Section409 - Power of ju20[Tribunal] to prevent change in Board of directors likelyto affect company prejudicially
Section410 - 33[Appointment of Advisory Committee For the purpose of advising the Central Government and the 3
Section411 - Duties of Advisory Commission [Omitted by the Companies
Section412 - Forms and procedure In cases referred to Advisory Commission. [Omitted by the Companies
Section413 - Powers of Advisory Commission [Omitted by the Companies
Section414 - Penalties. [Omitted by the Companies
Section415 - Immunity for action taken in good faith
Section416 - Contracts by agents of company in which company is undisclosed principal
Section417 - Employees' securities to be deposited in 36[post office savings bank or ScheduledBank]. [
Section418 - Provisions applicable to provident funds of employees. 3
Section419 - Right of employee to see bank's receipt for moneys or securities referred to insection 417 or 418 . An employee shall
Section420 - Penalty for contravention of sections 417, 418 and 419. Any officer of a company, or any such trustee of a provident
Section421 - Filing of accounts of receivers Every receiver of the property of a company who has been appointed under a power
Section422 - Invoices, etc., to refer to receiver where there is one. Where a receiver of the property of a company has been
Section424 - Application of Sections 421 to 423 to receivers and managers appointed by Tribunal, and, managers appointed in
Section424A - Reference to Tribunal 3
Section424B - Inquiry into working of sick industrial companies 3
Section424C - Powers of Tribunal to make suitable order on completion of inquiry 3
Section424D - Preparation and sanction of schemes 3
Section424E - Rehabilitation by giving financial assistance 3
Section424F - Arrangement for continuing operations, etc., during inquiry 3
Section424G - Winding up of sick industrial company 3
Section424H - Operating agency to prepare complete inventory, etc 3
Section424I - Direction not to dispose of assets 3
Section424J - Power of Tribunal to call for periodic information 3
Section424K - Misfeasance proceedings 3
Section424L - Penalty for certain offence s 3
Section426 - Liability as contributories of present and past members
Section427 - Obligations of directors and managers whose liability is unlimited. In the winding up of a limited company, any
Section428 - Definition of "contributory". The term "contributory" means every person liable to contribute to the assets of a
Section429 - Nature of liability of contributory
Section430 - Contributories in case of death of member
Section431 - Contributories in case of insolvency of member. If a contributory is adjudged insolvent, either before or after he has
Section432 - Contributories in case of winding up of a body corporate which is a member. If a body corporate which is a contributory
Section433 - Circumstances in which company may be wound up by Tribunal 3
Section434 - Company when deemed unable to pay its debts
Section435 - Transfer of winding up proceedings to District Court. Where a High Court makes an order for winding up a company under
Section436 - Withdrawal and transfer of winding up from one District Court to another . If during the progress of a winding up in a
Section437 - Power of High Court to retain winding up proceedings in District Court. The High Court may direct that a District Court
Section438 - Jurisdiction of High Court under sections 435,436 and 437 to be exercised at anytime and at any stage . The High Court
Section439 - Provisions as to applications for winding up
Section439A - Statement of affairs to be filed on winding up of a company 3
Section440 - Right to present winding up petition where company is being wound up voluntarily ", 3
Section441 - Commencement of winding up by Tribunal 3
Section441A - Levy and collection of cess on turnover or gross receipts of companies 3
Section441B - Crediting proceeds of cess to Consolidated Fund of India 3
Section441C - Rehabilitation and Revival Fund 3
Section441D - Application of Fund 3
Section441E - Power to call for information 3
Section441F - Penalty for non-payment of cess 3
Section441G - Refund of fund in certain cases 3
Section442 - Power of Court to stay or restrain proceedings against company . [*************]
Section443 - Power of Tribunal on hearing petition "3
Section444 - Order for winding up to be communicated to Official Liquidator and Registrar 3
Section445 - Copy of winding up order to be filed with Registrar
Section446 - Suits stayed on winding up order
Section446A - Responsibility of directors and officers to submit to Tribunal audited books of account 3
Section447 - Effect of winding up order . An order for winding up a company shall operate in favour of all the creditors and of all
Section448 - Appointment of Official Liquidator 3
Section449 - Official Liquidator to be liquidator. On a winding up order being made in respect of a company, the Official Liquidator
Section450 - Appointment and powers of provisional liquidator
Section451 - General provisions as to liquidators
Section452 - Style, etc., of liquidator. A liquidator shall be described by the style of "The Official Liquidator" of the particular
Section453 - Receiver not to be appointed of assets with liquidator. A receiver shall not be appointed of assets in the hands of a
Section454 - Statement of affairs to be made to Official Liquidator
Section455 - Report by Official Liquidator
Section456 - Custody of company's property
Section457 - Powers of liquidator
Section458 - Discretion of liquidator. The Tribunal may, by order, provide that the liquidator may exercise any of the powers
Section458A - 67[Exclusion of certain time in computing periods of limitation. Notwithstanding anything in the
Section459 - Provision for legal assistance to liquidator 3
Section460 - Exercise and control of liquidator's powers
Section461 - Books to be kept by liquidator
Section462 - Audit of liquidator's accounts
Section463 - Control of Central Government over liquidators
Section464 - Appointment and composition of committee of inspection. 3
Section465 - Constitution and proceedings of committee of inspection."
Section466 - Power of Tribunal to stay winding up "3
Section467 - Settlement of list of contributories and application of assets
Section468 - Delivery of property to liquidator. The Tribunal may, at any time after making a winding up order, require any
Section469 - Payment of debts due by contributory and extent of set-off
Section470 - Power of Tribunal to make calls "3
Section471 - Payment into bank of moneys due to company
Section472 - Moneys and securities paid into bank to be subject to order of Tribunal 3
Section473 - Order on contributory to be conclusive evidence
Section474 - Power to exclude creditors not proving in time. The Tribunal may fix a time or times within which creditors are to
Section475 - Adjustment of rights of contributories. The Tribunal shall adjust the rights of the contributories among themselves,
Section476 - Power to order costs. The Tribunal may, in the event of the assets being insufficient to satisfy the liabilities, make
Section477 - Power to summon persons suspected of having property of company, etc
Section478 - Power to order public examination of promoters, directors, etc
Section479 - Power to arrest absconding contributory . At any time either before or after making a winding up order, the Tribunal
Section480 - Saving of existing powers of Tribunal Any powers conferred on the Tribunal by this Act shall be in addition to, and not
Section481 - Dissolution of company
Section482 - Order made in any Court to be enforced by other Courts Any order made by a Court for, or in the course of, winding up a
Section483 - Appeals from orders Appeals from any order made or decision given before the commencement of the Companies
Chapter3 - : VOLUNTARY WINDING UP
Section484 - Circumstances in which company may be wound up voluntarily
Section485 - Publication of resolution to wind up voluntarily. For the purposes of this sub-section, a liquidator of the company
Section486 - Commencement of voluntary winding up. A voluntary winding up shall be deemed to commence at the time when the
Section487 - Effect of voluntary winding up on status of company. In the case of a voluntary winding up, the company shall, from the
Section488 - Declaration of solvency in case of proposal to wind up voluntarily
Section489 - Provisions applicable to a members' voluntary winding up. The provisions contained in
Section490 - Power of company to appoint and fix remuneration of liquidators
Section491 - Board's powers to cease on appointment of liquidator. On the appointment of a liquidator, all the powers of the Board
Section492 - Power to fill vacancy in office of liquidator
Section493 - Notice of appointment of liquidator to be given to Registrar
Section494 - Power of liquidator to accept shares, etc., as consideration for sale of property ofcompany
Section495 - Duty of liquidator to call creditors' meeting in case of Insolvency
Section496 - Duty of liquidator to call general meeting at end of each year
Section497 - Final meeting and dissolution
Section498 - Alternative provisions as to annual and final meetings in case of Insolvency. Where
Section499 - Provisions applicable to a creditors' voluntary winding up. The provisions contained in
Section500 - Meeting of creditors
Section501 - Notice of resolutions passed by creditors' meeting to be given to Registrar. For the purposes of this section, a
Section502 - Appointment of liquidator
Section503 - Appointment of committee of inspection.95
Section504 - Fixing of liquidators' remuneration
Section505 - Board's powers to cease on appointment of liquidator. On the appointment of a liquidator, all the powers of the Board
Section506 - Power to fill vacancy in office of liquidator. If a vacancy occurs by death, resignation or otherwise, in the office of
Section507 - Application of section 494 to a creditors' voluntary winding up. The provisions of
Section508 - Duty of liquidator to call meetings of company and of creditors at end of eachyear
Section509 - Final meeting and dissolution
Section510 - Provisions applicable to every voluntary winding up. The provisions contained in
Section511 - Distribution of property of company. Subject to the provisions of this Act as to preferential payments, the assets of a
Section511A - 3[Application of section 454 to voluntary winding up. The provisions of
Section512 - Powers and duties of liquidator in voluntary winding up
Section513 - Body corporate not to be appointed as liquidator
Section514 - Corrupt Inducement affecting appointment as liquidator. Any person who gives, or agrees or offers to give, to any
Section515 - Power of Tribunal to appoint and remove liquidator in voluntary winding up
Section516 - Notice by liquidator of his appointment
Section517 - Arrangement when binding on company and creditors
Section518 - Power to apply to Tribunal to have questions determined or powers exercised "
Section519 - Application of liquidator to Tribunal for public examination of promoters, directors, etc
Section520 - Costs of voluntary winding up. All costs, charges and expenses properly incurred in the winding up, including the
Section521 - Saving of right of creditors and contributories to apply for winding up. [Omitted hy the Companies
Section522 - Omitted Section 522 Omitted by Companies
Section523 - Omitted Section 523 Omitted by Companies
Section524 - Omitted Section 524 Omitted by Companies
Section525 - Omitted Section 525 Omitted by Companies
Section526 - Omitted Section 526 Omitted by Companies
Section527 - Omitted Section 527 Omitted by Companies
Section528 - Debts of all descriptions to be admitted to proof. In every winding up
Section529 - Application of insolvency rules in winding up of insolvent companies
Section529A - [Overriding preferential payments. 3
Section530 - Preferential payments
Section531 - Fraudulent preference
Section531A - [Avoidance of voluntary transfer. 3
Section532 - Transfers for benefit of all creditors to be void. Any transfer or assignment by a company of all its property to
Section533 - Liabilities and rights of certain fraudulently preferred persons. This sub-section shall apply, with the necessary
Section534 - Effect of floating charge. Where a company is being wound up, a floating charge on the undertaking or property of the
Section535 - Disclaimer of onerous property in case of a company which is being wound up
Section536 - Avoidance of transfers, etc., after commencement of winding up
Section537 - Avoidance of certain attachments, executions, etc., in winding up by Tribunal "
Section538 - Offences by officers of companies in liquidation
Section539 - Penalty for falsification of books. If with intent to defraud or deceive any person, any officer or contributory of a
Section540 - Penalty for frauds by officers. If any person, being at the time of the commission of the alleged offence an officer of
Section541 - Liability where proper accounts not kept
Section542 - Liability for fraudulent conduct of business
Section543 - Power of Tribunal to assess damages against delinquent directors, etc 3
Section544 - Liability under sections 542 and 543 to extend to partners or directors in firm or company. Where a declaration under
Section545 - Prosecution of delinquent officers and members of company
Section546 - Liquidator to exercise certain powers subject to sanction
Section547 - Notification that a company is in liquidation
Section548 - Books and papers of company to be evidence . Where a company is being wound up, all books and papers of the company and
Section549 - Inspection of books and papers by creditors and contributories.31
Section550 - Disposal of books and papers of company
Section551 - Information as to pending liquidations. 3
Section552 - Official Liquidator to make payments into the public account of India. Every Official Liquidator shall, in such manner
Section553 - Voluntary liquidator to make payments into Scheduled Bank
Section554 - Liquidator not to pay moneys into private banking account. Neither the Official Liquidator nor any other liquidator of
Section555 - Unpaid dividends and undistributed assets to be paid into the CompaniesLiquidation Account. [
Section556 - Enforcement of duty of liquidator to make returns, etc
Section558 - Court or person before whom affidavit may be sworn
Section559 - Power of Tribunal to declare dissolution of company void
Section560 - Power of Registrar to strike defunct company off register
Section561 - Application of Act to companies formed and registered under previous companies laws. This Act shall apply to existing
Section562 - Application of Act to companies registered but not formed under previouscompanies laws. This Act shall apply to every
Section563 - Application of Act to unlimited companies registered under previous companies laws. This Act shall apply to every
Section565 - Companies capable of being registered.53
Section566 - Definition of "joint-stock company".55
Section567 - Requirements for registration of joint-stock companies."56 Before the registration in pursuance of this Part of a
Section568 - Requirements for registration of companies not being joint-stock companies.57 Before the registration in pursuance of
Section569 - Authentication of statements of existing companies. The lists of members and directors and any other particulars
Section571 - Notice to customers on registration of banking company with limited liability
Section572 - Change of name for purposes of registration. Where the name of a company seeking registration under this Part is one
Section573 - Addition of "Limited" or "Private Limited" to name. When a company registers in pursuance of this Part with limited
Section574 - Certificate of registration of existing companies . On compliance with the requirements of this Part with respect to
Section575 - Vesting of property on registration . All property, movable and immovable
Section576 - Saving for existing liabilities. The registration of a company in pursuance of this Part shall not affect its rights or
Section577 - Continuation of pending legal proceedings . All suits and other legal proceedings taken by or against the company, or
Section578 - Effect of registration under Part
Section579 - Power to substitute memorandum and articles for deed of settlement
Section580 - Power of Court to stay or restrain proceedings. The provisions of this Act with respect to staying and restraining
Section581 - Suits stayed on winding up order. Where an order has been made for winding up, or a provisional liquidator has been
Section581A - Definitions CHAPTER 2 : Incorporation Of Producer Companies And Other Matters
Section581B - Objects of Producer Company
Section581C - Formation of Producer Company and its registration
Section581D - Membership and voting rights of Members of Producer Company
Section581E - Benefits to Members
Section581F - Memorandum of Producer Company
Section581G - Articles of association
Section581H - Amendment of memorandum
Section581I - Amendment of articles
Section581J - Option to inter-State co-operative societies tobecome Producer Companies
Section581K - Effect of incorporation of Producer Company
Section581L - Vesting of undertaking in Producer Company
Section581M - Concession, etc., to be deemed to have beengranted to Producer Company
Section581N - Provisions in respect of officers and otheremployees of inter-State co-operative society . CHAPTER 3 : Management Of
Section582 - Meaning of "unregistered company". 582:Meaning of "unregistered company". For the purposes of this Part, the expression
Section583 - Winding up of unregistered companies
Section584 - Power to wind up foreign companies, although dissolved. Where a body corporate incorporated outside India which has
Section585 - Contributories in winding up of unregistered company
Section586 - Power to stay or restrain proceedings. The provisions of this Act with respect to staying and restraining suits and
Section587 - Suits, etc., stayed on winding up order. Where an order has been made for winding up an unregistered company, no suit
Section588 - Directions as to property in certain cases
Section589 - Provisions of Part cumulative
Section590 - Saving and construction of enactments conferring power to wind up partnership,association or company in certain cases
Section591 - Application of sections 592 to 602 to foreign companies*. 3
Section592 - Documents, etc., to be delivered to Registrar by foreign companies carrying onbusiness in India. 3
Section593 - Return to be delivered to Registrar by foreign company where documents, etc.,altered.67 If any alteration is made or
Section594 - Accounts of foreign company.69
Section595 - Obligation to state name of foreign company, whether limited, and country where incorporated. Every foreign company
Section596 - Service on foreign company. Any process, notice, or other document required to be served on a foreign company shall be
Section597 - Office where documents to be delivered.71
Section598 - Penalties. If any foreign company fails to comply with any of the foregoing provisions of this Part, the company, and
Section599 - Company's failure to comply with Part not to affect its liability under contracts,etc. Any failure by a foreign company
Section600 - Registration of charges, appointment of receiver and books of account.74
Section601 - Fees for registration of documents under Part. There shall be paid to the Registrar for registering any document
Section602 - Interpretation of foregoing sections of Part. For the purposes of the foregoing provisions of this Part
Section603 - Dating of prospectus and particulars to be contained therein
Section604 - Provisions as to expert's consent and allotment
Section605 - Registration of prospectus.79 3
Section605A - 82[Offer of Indian Depository Receipts . Notwithstanding anything contained in any other law for the time being in
Section606 - Penalty for contravention of sections 603, 604 and 605. Any person who is knowingly responsible
Section607 - Civil liability for mis-statements in prospectus
Section608 - Interpretation of provisions as to prospectuses
Section609 - Registration offices
Section610 - Inspection, production and evidence of documents kept by Registrar
Section610A - 92[Admissibillty of micro films, facsimile copies of documents, computer printouts and documents on computer media as
Section610B - Provisions relating to filing of applicaatons,documents,inspection etc through electronic form 3
Section610C - Power to modify Act in relation to electronic records
Section610D - Providing of value added services through electronic form The Central Government may provide such value added services
Section611 - Pees in Schedule X to be paid. 3
Section612 - Fees, etc., paid to Registrar and other officers to be accounted for to Central Government. All fees, charges, and
Section613 - Power of Central Government to reduce fees, charges, etc. 3
Section614 - Enforcement of duty of company to make returns, etc., to Registrar.97
Section614A - 99[Power of Court trying offences under the Act to direct the filing of documents with Registrar
Section615 - Power of Central Government to direct companies to furnish information or statistics
Section616 - Application of Act to insurance, banking, electricity supply and other companies governed by special Acts. The
Section617 - Definition of "Government company". For the purposes of 3
Section618 - Government companies not to have managing agents. [Omitted by the Companies
Section619 - Application of sections 224 to 233 to Government companies
Section619A - [Annual reports on Government companies. 3
Section619B - 13[Provisions of section 619 to apply to certain companies. The provisions of
Section620 - Power to modify Act In relation to Government companies . 3
Section620A - Power to modify Act in its application to Nidhis, etc
Section620B - 19[Special provisions as to companies in Goa, Daman and Diu. The Central Government may, by notification in the
Section620C - Special provisions as to companies in Jammu and Kashmir. The Central Government may, by notification in the Official
Section621 - Offences against Act to be cognizable only on complaint by Registrar, shareholder or Government
Section621A - Composition of certain offences
Section622 - Jurisdiction to try offences No Court inferior to that of a Presidency Magistrate or a Magistrate of the first class
Section623 - Certain offences triable summarily in Presidency towns If any offence against this Act which is punishable with fine
Section624A - 28[Power of Central Government to appoint company prosecutors . Notwithstanding anything contained in the
Section624B - 28-30[Appeal against acquittal. Notwithstanding anything contained in the
Section625 - Payment of compensation in cases of frivolous or vexatious prosecution
Section626 - Application of fines The Court or Tribunal imposing any fine under this Act may direct that the whole or any part
Section627 - Production and inspection of books where offence suspected
Section628 - Penalty for false statements. If in any return, report, certificate, balance sheet, prospectus, statement or other
Section629 - Penalty for false evidence. If any person intentionally gives false evidence
Section629A - 34[Penalty where no specific penalty is provided elsewhere in the Act, If a company or any other person contravenes any
Section630 - Penalty for wrongful withholding of property
Section631 - Penalty for improper use of words "Limited" and "Private Limited". If any person or persons trade or carry on business
Section632 - Power to require limited company to give security for costs. Where a limited company is plaintiff or petitioner in any
Section633 - Power of Court to grant relief in certain cases
Section634 - Enforcement of orders of Courts. Any order made by a Court under this Act may be enforced in the same manner as a
Section634A - 40[Enforcement of orders of [Company Law Board]. Any order made by the Company Law Board 3
Section635 - Enforcement of orders of one Court by other Courts
Section635A - 44[Protection of acts done in good faith. No suit, prosecution or other legal proceeding shall lie against the
Section635B - Protection of employees during investigation by inspector or pendency ofproceeding before Appellate Tribunal in certain
Section636 - Reduction of fees, charges, etc., payable to company
Section637 - Delegation by Central Government of its powers and functions under Act, 3
Section637A - Power of Central Government or Tribunal to accord approval, etc., subject to conditions and to prescribe fees on
Section637B - 62[Condonation of delays in certain cases Notwithstanding anything contained in this Act,
Section638 - Annual report by Central Government The Central Government shall cause a general annual report on the working and
Section639 - Annual reports on Government companies to be placed before Parliament, etc. [The section and heading above it, viz.,
Section640 - Validation of registration of firms as members of charitable and other companies. Any firm which stood registered at
Section640A - Exclusion of time required in obtaining copies of order of Court or Tribunal. 3
Section640B - 65[Forms of, and procedure in relation to, certain applications
Section641 - Power to alter Schedules
Section642 - Power of Central Government to make rules
Section643 - Power of Central Government to make rules relating to winding up. 3
Section644 - Repeal of Acts specified In Schedule XII. The enactments mentioned in Schedule XII arc hereby repealed
Section645 - Saving of orders, rules, etc., in force at commencement of Act Nothing in this Act shall affect any order, rule,
Section646 - Saving of operation of section 138 of Act 7 of 1913 Nothing in this Act shall affect the operation of
Section647 - Saving of pending proceedings for winding up Where the winding up of a company has commenced before the commencement of
Section647A - Transfer of winding up proceedings to Tribunal . 3
Section648 - Saving of prosecutions Instituted by liquidator or Court under section 237 of Act7 of 1913 Nothing in this Act shall
Section649 - Construction of references to former enactments in documents Any document referring to any former enactment relating to
Section650 - Construction of "Registrar of joint stock companies" in Act 21 of 1860 [Omitted by the Companies
Section651 - Construction of references to extraordinary resolution in articles, etc. Any reference to an extraordinary resolution
Section651A - Reference of winding up of companies in any law 3
Section652 - Appointment under previous companies laws to have effect as if made under Act Any person appointed to any office under
Section653 - Former registration offices continued The offices existing at the commencement of this Act for the registration of
Section654 - Registers under previous companies laws to be deemed to be part of registersunder Act, Any register kept under the
Section655 - Funds and accounts under Act to be In continuation of funds and accounts underprevious companies law. All funds
Section656 - Saving of incorporation under repealed Acts. Nothing in this Act shall affect the incorporation of any company
Section657 - Saving of certain Tables under previous companies laws. Nothing in this Act shall affect
Section658 - Section 6 of the General Clauses Act, 1897
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