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TypeBare Act JurisdictionCentral Government

Companies (Second Amendment) Act, 2002 Section 12

Amendment of Section 79

~1 min read
https://sooperkanoon.com/act/45211

Bare act section · Research

About this section

Companies (Second Amendment) Act, 2002 Section 12 is part of Companies (Second Amendment) Act, 2002 - Amendment of Section 79. Read the section text below and explore Indian court judgments that cite it.

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Section Text

In section 79 of the principal Act,--

(a) for the words "Company Law Board", wherever they occur, the words "Central Government" shall be substituted:

(b) in sub-section (2), in clause (ii), in the proviso, for the words "unless that Board is of opinion", the words "unless the Central Government is of opinion" shall be substituted;

(c) after sub-section (3), the following proviso shall be inserted, namely:--

'Provided that in the case of revival and rehabilitation of sick industrial companies under Chapter VIA, the provisions of this section shall have effect as if for the words "Central Government", the word 'Tribunal" had been substituted.'

Frequently asked questions

What does Companies (Second Amendment) Act, 2002 Section 12 provide?

Section Section 12 of the Companies (Second Amendment) Act, 2002 (Amendment of Section 79) is reproduced on this page as part of the Companies (Second Amendment) Act, 2002. 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 (Second Amendment) Act, 2002 Section 12?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Companies (Second Amendment) Act, 2002 Section 12. 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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