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TypeBare Act JurisdictionCentral Government

Companies (Second Amendment) Act, 2002 Section 22

Substitution of New Section for Section 167

~1 min read
https://sooperkanoon.com/act/45221

Bare act section · Research

About this section

Companies (Second Amendment) Act, 2002 Section 22 is part of Companies (Second Amendment) Act, 2002 - Substitution of New Section for Section 167. Read the section text below and explore Indian court judgments that cite it.

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Section Text

For section 167 of the principal Act, the following section shall be substituted, namely:--

"167. Power of Central Government to call annual general meeting.--(1) If default is made in holding an annual general meeting in accordance with section 166, the Central Government may, notwithstanding anything contained in this Act or in the articles of the company, on the application of any member of the company, call, or direct the calling of, a general meeting of the company and give such ancillary or consequential directions as the Central Government thinks expedient in relation to the calling, holding and conducting of the meeting.

Explanation.--The directions that may be given under this sub-section may include a direction that one member of the company present in person or by proxy shall be deemed to constitute a meeting.

(2) A general meeting held in pursuance of sub-section (1) shall, subject to any directions of the Central Government, be deemed to be an annual general meeting of the company:

Provided that in the case of revival and rehabilitation of sick industrial companies r 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 22 provide?

Section Section 22 of the Companies (Second Amendment) Act, 2002 (Substitution of New Section for Section 167) 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 22?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Companies (Second Amendment) Act, 2002 Section 22. 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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