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TypeBare Act JurisdictionCentral Government

Companies Act, 1956 Section 118

Right to obtain copies of and inspect trust deed

~1 min read
https://sooperkanoon.com/act/451329

Bare act section · Research

About this section

Companies Act, 1956 Section 118 is part of Companies Act, 1956 - Right to obtain copies of and inspect trust deed. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

1) A copy of any trust deed for securing any issue of debentures shall be forwarded to the holder of any such debentures or any member of the company, at his request and within seven days of the making thereof, on payment-

(a) in the case of a printed trust deed, of [such sum as may be prescribed]; and (b) in the case of a trust deed which has not been printed, of [such sum as may be prescribed] for every one hundred words or fractional part thereof required to be copied.

(2) If a copy is refused, or is nut forwarded within the time specified in sub-section (1), the company, and every officer of the company who is in default, shall be punishable, for each offence, with fine which may extend to [five hundred] rupees and with a further fine which may extend to [two hundred] rupees tor every day during which the offence continues.

(3) The ["Central Government"] may also, by order, direct that the copy required shall forthwith be sent to the person requiring it.

(4) The trust deed referred to in sub-section (1) shall also be open to inspection by any member or debenture holder of the company in the same manner, to the same extent, and on payment of the same fees, as if it were the register of members of the company.

Frequently asked questions

What does Companies Act, 1956 Section 118 provide?

Section Section 118 of the Companies Act, 1956 (Right to obtain copies of and inspect trust deed) is reproduced on this page as part of the Companies Act, 1956. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Companies Act, 1956 Section 118?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Companies Act, 1956 Section 118. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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