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TypeBare Act JurisdictionCentral Government

Companies Act, 2013, Section 259

Appointment of Administrator

~1 min read
https://sooperkanoon.com/act/62653

Bare act section · Research

About this section

Companies Act, 2013, Section 259 is part of Companies Act, 2013, - Appointment of Administrator. Read the section text below and explore Indian court judgments that cite it.

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Section Text

(1) The interim administrator or the company administrator, as the case may be, shall be appointed by the Tribunal from a databank maintained by the Central Government or any institute or agency authorised by the Central Government in a manner as may be prescribed consisting of the names of company secretaries, chartered accountants, cost accountants and such other professionals as may, by notification, be specified by the Central Government.

(2) The terms and conditions of the appointment of interim and company administrators shall be such as may be ordered by the Tribunal.

(3) The Tribunal may direct the company administrator to take over the assets or management of the company and for the purpose of assisting him in the management of the company, the company administrator may, with the approval of the Tribunal, engage the services of suitable expert or experts.

Frequently asked questions

What does Companies Act, 2013, Section 259 provide?

Section Section 259 of the Companies Act, 2013, (Appointment of Administrator) is reproduced on this page as part of the Companies Act, 2013,. 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, 2013, Section 259?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Companies Act, 2013, Section 259. 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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