Companies Act, 2013
Bare Act · 2013
An Act to consolidate and amend the law relating to companies.
In the syllabus of: AIBE · Bihar Civil Judge · CLAT PG · J&K Civil Judge · RIICO JLO · UGC NET Law · West Bengal Civil Judge
- Act number
- 18 of 2013
- Enacted
- 29 August 2013
- Contents
- 526 sections · 46 chapters
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Contents
Chapter I — Preliminary
Chapter II — Incorporation Of Company And Matters Incidental Thereto
- Section 3 – Formation of company
- Section 3A – Members severally liable in certain cases
- Section 4 – Memorandum
- Section 5 – Articles (preview)
- Section 6 – Act to override memorandum, articles, etc (preview)
- Section 7 – Incorporation of company (preview)
- Section 8 – Formation of companies with charitable objects, etc (preview)
- Section 9 – Effect of registration (preview)
- Section 10 – Effect of memorandum and articles (preview)
- Section 10A – Commencement of business, etc (preview)
- Section 11 – [Omitted] (preview)
- Section 12 – Registered office of company (preview)
- Section 13 – Alteration of memorandum (preview)
- Section 14 – Alteration of articles (preview)
- Section 15 – Alteration of memorandum or articles to be noted in every copy (preview)
- Section 16 – Rectification of name of company (preview)
- Section 17 – Copies of memorandum, articles, etc., to be given to members (preview)
- Section 18 – Conversion of companies already registered (preview)
- Section 19 – Subsidiary company not to hold shares in its holding company (preview)
- Section 20 – Service of documents (preview)
- Section 21 – Authentication of documents, proceedings and contracts (preview)
- Section 22 – Execution of bills of exchange, etc (preview)
Part I — —Public Offer
- Section 23 – Public offer and private placement (preview)
- Section 24 – Power of Securities and Exchange Board to regulate issue and transfer of securities, etc (preview)
- Section 25 – Document containing offer of securities for sale to be deemed prospectus (preview)
- Section 26 – Matters to be stated in prospectus (preview)
- Section 27 – Variation in terms of contract or objects in prospectus (preview)
- Section 28 – Offer of sale of shares by certain members of company (preview)
- Section 29 – Public offer of securities to be in dematerialised form (preview)
- Section 30 – Advertisement of prospectus (preview)
- Section 31 – Shelf prospectus (preview)
- Section 32 – Red herring prospectus (preview)
- Section 33 – Issue of application forms for securities (preview)
- Section 34 – Criminal liability for mis-statements in prospectus (preview)
- Section 35 – Civil liability for mis-statements in prospectus (preview)
- Section 36 – Punishment for fraudulently inducing persons to invest money (preview)
- Section 37 – Action by affected persons (preview)
- Section 38 – Punishment for personation for acquisition, etc., of securities (preview)
- Section 39 – Allotment of securities by company (preview)
- Section 40 – Securities to be dealt with in stock exchanges (preview)
- Section 41 – Global depository receipt (preview)
Part II — —Private Placement
Chapter IV — Share Capital And Debentures
- Section 43 – Kinds of share capital (preview)
- Section 44 – Nature of shares or debentures (preview)
- Section 45 – Numbering of shares (preview)
- Section 46 – Certificate of shares (preview)
- Section 47 – Voting rights (preview)
- Section 48 – Variation of shareholders‘ rights (preview)
- Section 49 – Calls on shares of same class to be made on uniform basis (preview)
- Section 50 – Company to accept unpaid share capital, although not called up (preview)
- Section 51 – Payment of dividend in proportion to amount paid-up (preview)
- Section 52 – Application of premiums received on issue of shares (preview)
- Section 53 – Prohibition on issue of shares at discount (preview)
- Section 55 – Issue and redemption of preference shares (preview)
- Section 56 – Transfer and transmission of securities (preview)
- Section 57 – Punishment for personation of shareholder (preview)
- Section 58 – Refusal of registration and appeal against refusal (preview)
- Section 59 – Rectification of register of members (preview)
- Section 60 – Publication of authorised, subscribed and paid-up capital (preview)
- Section 61 – Power of limited company to alter its share capital (preview)
- Section 62 – Further issue of share capital (preview)
- Section 63 – Issue of bonus shares (preview)
- Section 64 – Notice to be given to Registrar for alteration of share capital (preview)
- Section 65 – Unlimited company to provide for reserve share capital on conversion into limited company (preview)
- Section 66 – Reduction of share capital (preview)
- Section 67 – Restrictions on purchase by company or giving of loans by it for purchase of its shares (preview)
- Section 68 – Power of company to purchase its own securities (preview)
- Section 69 – Transfer of certain sums to capital redemption reserve account (preview)
- Section 70 – Prohibition for buy-back in certain circumstances (preview)
- Section 71 – Debentures (preview)
- Section 72 – Power to nominate (preview)
Sections
- Section 54 – Issues of sweat equity shares (preview)
- Section 91 – Power to close register of members or debenture holders or other security holders (preview)
- Section 131 – Voluntary revision of financial statements or Board‘s report (preview)
- Section 289 – Power of Tribunal on application for stay of winding up (preview)
- Section 375 – Winding up of unregistered companies (preview)
- Section 378-I – Amendment of articles (preview)
- Section 378-O – Number of directors (preview)
- Section 378Z-I – General and other reserves (preview)
- Section 378Z-O – Disputes (preview)
- Section 418A – Benches of Appellate Tribunal (preview)
Chapter V — Acceptance Of Deposits By Companies
- Section 73 – Prohibition on acceptance of deposits from public (preview)
- Section 74 – Repayment of deposits, etc., accepted before commencement of this Act (preview)
- Section 75 – Damages for fraud (preview)
- Section 76 – Acceptance of deposits from public by certain companies (preview)
- Section 76A – Punishment for contravention of section 73 or section 76 (preview)
Chapter VI — Registration Of Charges
- Section 77 – Duty to register charges, etc (preview)
- Section 78 – Application for registration of charge (preview)
- Section 79 – Section 77 to apply in certain matters (preview)
- Section 80 – Date of notice of charge (preview)
- Section 81 – Register of charges to be kept by Registrar (preview)
- Section 82 – Company to report satisfaction of charge (preview)
- Section 83 – Power of Registrar to make entries of satisfaction and release in absence of intimation from company (preview)
- Section 84 – Intimation of appointment of receiver or manager (preview)
- Section 85 – Company‘s register of charges (preview)
- Section 86 – Punishment for contravention (preview)
- Section 87 – Rectification by Central Government in Register of charges (preview)
Chapter VII — Management And Administration
- Section 88 – Register of members, etc (preview)
- Section 89 – Declaration in respect of beneficial interest in any share (preview)
- Section 90 – Register of significant beneficial owners in a Company (preview)
- Section 92 – Annual return (preview)
- Section 93 – Omitted (preview)
- Section 94 – Place of keeping and inspection of registers, returns, etc (preview)
- Section 95 – Registers, etc., to be evidence (preview)
- Section 96 – Annual general meeting (preview)
- Section 97 – Power of Tribunal to call annual general meeting (preview)
- Section 98 – Power of Tribunal to call meetings of members, etc (preview)
- Section 99 – Punishment for default in complying with provisions of sections 96 to 98 (preview)
- Section 100 – Calling of extraordinary general meeting (preview)
- Section 101 – Notice of meeting (preview)
- Section 102 – Statement to be annexed to notice (preview)
- Section 103 – Quorum for meetings (preview)
- Section 104 – Chairman of meetings (preview)
- Section 105 – Proxies (preview)
- Section 106 – Restriction on voting rights (preview)
- Section 107 – Voting by show of hands (preview)
- Section 108 – Voting through electronic means (preview)
- Section 109 – Demand for poll (preview)
- Section 110 – Postal ballot (preview)
- Section 111 – Circulation of members‘ resolution (preview)
- Section 112 – Representation of President and Governors in meetings (preview)
- Section 113 – Representation of corporations at meeting of companies and of creditors (preview)
- Section 114 – Ordinary and special resolutions (preview)
- Section 115 – Resolutions requiring special notice (preview)
- Section 116 – Resolutions passed at adjourned meeting (preview)
- Section 117 – Resolutions and agreements to be filed (preview)
- Section 118 – . Minutes of proceedings of general meeting, meeting of Board of Directors and other meeting and resolutions passed by postal ballot (preview)
- Section 119 – Inspection of minute-books of general meeting (preview)
- Section 120 – Maintenance and inspection of documents in electronic form (preview)
- Section 121 – Report on annual general meeting (preview)
- Section 122 – Applicability of this Chapter to One Person Company (preview)
Chapter VIII — Declaration And Payment Of Dividend
- Section 123 – Declaration of dividend (preview)
- Section 124 – Unpaid Dividend Account (preview)
- Section 125 – Investor Education and Protection Fund (preview)
- Section 126 – Right to dividend, rights shares and bonus shares to be held in abeyance pending registration of transfer of shares (preview)
- Section 127 – Punishment for failure to distribute dividends (preview)
Chapter IX — Accounts Of Companies
- Section 128 – Books of account, etc., to be kept by company (preview)
- Section 129 – Financial statement (preview)
- Section 129A – Periodical financial results (preview)
- Section 130 – Re-opening of accounts on court‘s or Tribunal‘s orders (preview)
- Section 132 – Constitution of National Financial Reporting Authority (preview)
- Section 133 – Central Government to prescribe accounting standards (preview)
- Section 134 – Financial statement, Board‘s report, etc (preview)
- Section 135 – Corporate Social Responsibility (preview)
- Section 136 – Right of member to copies of audited financial statement (preview)
- Section 137 – Copy of financial statement to be filed with Registrar (preview)
- Section 138 – Internal Audit (preview)
Chapter X — Audit And Auditors
- Section 139 – Appointment of auditors (preview)
- Section 140 – Removal, resignation of auditor and giving of special notice (preview)
- Section 141 – Eligibility, qualifications and disqualifications of auditors (preview)
- Section 142 – Remuneration of auditors (preview)
- Section 143 – Powers and duties of auditors and auditing standards (preview)
- Section 144 – Auditor not to render certain services (preview)
- Section 145 – Auditor to sign audit reports, etc (preview)
- Section 146 – Auditors to attend general meeting (preview)
- Section 147 – Punishment for contravention (preview)
- Section 148 – Central Government to specify audit of items of cost in respect of certain companies (preview)
Chapter XI — Appointment And Qualifications Of Directors
- Section 149 – Company to have Board of Directors (preview)
- Section 150 – Manner of selection of independent directors and maintenance of data bank of independent directors (preview)
- Section 151 – Appointment of director elected by small shareholders (preview)
- Section 152 – Appointment of directors (preview)
- Section 153 – Application for allotment of Director Identification Number (preview)
- Section 154 – Allotment of Director Identification Number (preview)
- Section 155 – Prohibition to obtain more than one Director Identification Number (preview)
- Section 156 – Director to intimate Director Identification Number (preview)
- Section 157 – Company to inform Director Identification Number to Registrar (preview)
- Section 158 – Obligation to indicate Director Identification Number (preview)
- Section 159 – Penalty for default of certain provisions (preview)
- Section 160 – Right of persons other than retiring directors to stand for directorship (preview)
- Section 161 – Appointment of additional director, alternate director and nominee director (preview)
- Section 162 – Appointment of directors to be voted individually (preview)
- Section 163 – Option to adopt principle of proportional representation for appointment of directors (preview)
- Section 164 – Disqualifications for appointment of director (preview)
- Section 165 – Number of directorships (preview)
- Section 166 – Duties of directors (preview)
- Section 167 – Vacation of office of director (preview)
- Section 168 – Resignation of director (preview)
- Section 169 – Removal of directors (preview)
- Section 170 – Register of directors and key managerial personnel and their shareholding (preview)
- Section 171 – Members‘ right to inspect (preview)
- Section 172 – Penalty (preview)
Chapter XII — Meetings Of Board And Its Powers
- Section 173 – Meetings of Board (preview)
- Section 174 – Quorum for meetings of Board (preview)
- Section 175 – Passing of resolution by circulation (preview)
- Section 176 – Defects in appointment of directors not to invalidate actions taken (preview)
- Section 177 – Audit committee (preview)
- Section 178 – Nomination and Remuneration Committee and Stakeholders Relationship Committee (preview)
- Section 179 – Powers of Board (preview)
- Section 180 – Restrictions on powers of Board (preview)
- Section 181 – Company to contribute to bona fide and charitable funds, etc (preview)
- Section 182 – Prohibitions and restrictions regarding political contributions (preview)
- Section 183 – Power of Board and other persons to make contributions to national defence fund, etc (preview)
- Section 184 – Disclosure of interest by director (preview)
- Section 185 – Loan to directors, etc (preview)
- Section 186 – Loan and investment by company (preview)
- Section 187 – Investments of company to be held in its own name (preview)
- Section 188 – Related party transactions (preview)
- Section 189 – Register of contracts or arrangements in which directors are interested (preview)
- Section 190 – Contract of employment with managing or whole-time directors (preview)
- Section 191 – Payment to director for loss of office, etc., in connection with transfer of undertaking, property or shares (preview)
- Section 192 – Restriction on non-cash transactions involving directors (preview)
- Section 193 – Contract by One Person Company (preview)
- Section 194 – Prohibition on forward dealings in securities of company by director or key managerial personnel (preview)
- Section 195 – Prohibition on insider trading of securities (preview)
Chapter XIII — Appointment And Remuneration Of Managerial Personnel
- Section 196 – Appointment of managing director, whole-time director or manager (preview)
- Section 197 – Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits (preview)
- Section 198 – Calculation of profits (preview)
- Section 199 – Recovery of remuneration in certain cases (preview)
- Section 200 – Central Government or company to fix limit with regard to remuneration (preview)
- Section 201 – Forms of, and procedure in relation to, certain applications (preview)
- Section 202 – Compensation for loss of office of managing or whole-time director or manager (preview)
- Section 203 – Appointment of key managerial personnel (preview)
- Section 204 – Secretarial audit for bigger companies (preview)
- Section 205 – Functions of company secretary (preview)
Chapter XIV — Inspection, Inquiry And Investigation
- Section 206 – Power to call for information, inspect books and conduct inquiries (preview)
- Section 207 – Conduct of inspection and inquiry (preview)
- Section 208 – Report on inspection made (preview)
- Section 209 – Search and seizure (preview)
- Section 210 – Investigation into affairs of company (preview)
- Section 211 – Establishment of Serious Fraud Investigation Office (preview)
- Section 212 – Investigation into affairs of company by Serious Fraud Investigation Office (preview)
- Section 213 – Investigation into company‘s affairs in other cases (preview)
- Section 214 – Security for payment of costs and expenses of investigation (preview)
- Section 215 – Firm, body corporate or association not to be appointed as inspector (preview)
- Section 216 – Investigation of ownership of company (preview)
- Section 217 – Procedure, powers, etc., of inspectors (preview)
- Section 218 – Protection of employees during investigation (preview)
- Section 219 – Power of inspector to conduct investigation into affairs of related companies, etc (preview)
- Section 220 – Seizure of documents by inspector (preview)
- Section 221 – Freezing of assets of company on inquiry and investigation (preview)
- Section 222 – Imposition of restrictions upon securities (preview)
- Section 223 – Inspector‘s report (preview)
- Section 224 – Actions to be taken in pursuance of inspector‘s report (preview)
- Section 225 – Expenses of investigation (preview)
- Section 226 – Voluntary winding up of company, etc., not to stop investigation proceedings (preview)
- Section 227 – Legal advisers and bankers not to disclose certain information (preview)
- Section 228 – Investigation, etc., of foreign companies (preview)
- Section 229 – Penalty for furnishing false statement, mutilation, destruction of documents (preview)
Chapter XV — Compromises, Arrangements And Amalgamations
- Section 230 – Power to compromise or make arrangements with creditors and members (preview)
- Section 231 – Power to Tribunal to enforce compromise or arrangement (preview)
- Section 232 – Merger and amalgamation of companies (preview)
- Section 233 – Merger or amalgamation of certain companies (preview)
- Section 234 – Merger or amalgamation of company with foreign company (preview)
- Section 235 – Power to acquire shares of shareholders dissenting from scheme or contract approved by majority (preview)
- Section 236 – Purchase of minority shareholding (preview)
- Section 237 – Power of Central Government to provide for amalgamation of companies in public interest (preview)
- Section 238 – Registration of offer of schemes involving transfer of shares (preview)
- Section 239 – Preservation of books and papers of amalgamated companies (preview)
- Section 240 – Liability of officers in respect of offences committed prior to merger, amalgamation, etc (preview)
Chapter XVI — Prevention Of Oppression And Mismanagement
- Section 241 – Application to Tribunal for relief in cases of oppression, etc (preview)
- Section 242 – Powers of Tribunal (preview)
- Section 243 – Consequence of termination or modification of certain agreements (preview)
- Section 244 – Right to apply under section 241 (preview)
- Section 245 – Class action (preview)
- Section 246 – Application of certain provisions to proceedings under section 241 or section 245 (preview)
Chapter XVII — Registered Valuers
Chapter XVIII — Removal Of Names Of Companies From The Register Of Companies
- Section 248 – Power of Registrar to remove name of company from register of companies (preview)
- Section 249 – Restrictions on making application under section 248 in certain situations (preview)
- Section 250 – Effect of company notified as dissolved (preview)
- Section 251 – Fraudulent application for removal of name (preview)
- Section 252 – Appeal to Tribunal (preview)
Chapter XIX — Revival And Rehabilitation Of Sick Companies
- Section 253 – Determination of sickness (preview)
- Section 254 – Application for revival and rehabilitation (preview)
- Section 255 – Exclusion of certain time in computing period of limitation (preview)
- Section 256 – Appointment of interim administrator (preview)
- Section 257 – Committee of creditors (preview)
- Section 258 – Order of Tribunal (preview)
- Section 259 – Appointment of administrator (preview)
- Section 260 – Powers and duties of company administrator (preview)
- Section 261 – Scheme of revival and rehabilitation (preview)
- Section 262 – Sanction of scheme (preview)
- Section 263 – Scheme to be binding (preview)
- Section 264 – Implementation of scheme (preview)
- Section 265 – Winding up of company on report of company administrator (preview)
- Section 266 – Power of Tribunal to assess damages against delinquent directors, etc (preview)
- Section 267 – Punishment for certain offences (preview)
- Section 268 – Bar of jurisdiction (preview)
- Section 269 – Rehabilitation and Insolvency Fund (preview)
Chapter XX — Winding Up
- Section 270 – Modes of winding up (preview)
Part I — —Winding Up By The Tribunal
- Section 271 – Circumstances in which company may be wound up by Tribunal (preview)
- Section 272 – Petition for winding up (preview)
- Section 273 – Powers of Tribunal (preview)
- Section 274 – Directions for filing statement of affairs (preview)
- Section 275 – Company Liquidators and their appointments (preview)
- Section 276 – Removal and replacement of liquidator (preview)
- Section 277 – Intimation to Company Liquidator, provisional liquidator and Registrar (preview)
- Section 278 – Effect of winding up order (preview)
- Section 279 – Stay of suits, etc., on winding up order (preview)
- Section 280 – Jurisdiction of Tribunal (preview)
- Section 281 – Submission of report by Company Liquidator (preview)
- Section 282 – Directions of Tribunal on report of Company Liquidator (preview)
- Section 283 – Custody of company‘s properties (preview)
- Section 284 – Promoters, directors, etc., to cooperate with Company Liquidator (preview)
- Section 285 – Settlement of list of contributories and application of assets (preview)
- Section 286 – Obligations of directors and managers (preview)
- Section 287 – Advisory Committee (preview)
- Section 288 – Submission of periodical reports to Tribunal (preview)
- Section 290 – Powers and duties of Company Liquidator (preview)
- Section 291 – Provision for professional assistance to Company Liquidator (preview)
- Section 292 – Exercise and control of Company Liquidator‘s powers (preview)
- Section 293 – Books to be kept by Company Liquidator (preview)
- Section 294 – Audit of Company Liquidator‘s accounts (preview)
- Section 295 – Payment of debts by contributory and extent of set-off (preview)
- Section 296 – Power of Tribunal to make calls (preview)
- Section 297 – Adjustment of rights of contributories (preview)
- Section 298 – Power to order costs (preview)
- Section 299 – Power to summon persons suspected of having property of company, etc (preview)
- Section 300 – Power to order examination of promoters, directors, etc (preview)
- Section 301 – Arrest of person trying to leave India or abscond (preview)
- Section 302 – Dissolution of company by Tribunal (preview)
- Section 303 – Appeals from orders made before commencement of Act (preview)
- Section 304 – Circumstances in which company may be wound up voluntarily (preview)
- Section 305 – Declaration of solvency in case of proposal to wind up voluntarily (preview)
- Section 306 – Meeting of creditors (preview)
- Section 307 – Publication of resolution to wind up voluntarily (preview)
- Section 308 – Commencement of voluntary winding up (preview)
- Section 309 – Effect of voluntary winding up (preview)
- Section 310 – Appointment of Company Liquidator (preview)
- Section 311 – Power to remove and fill vacancy of Company Liquidator (preview)
- Section 312 – Notice of appointment of Company Liquidator to be given to Registrar (preview)
- Section 313 – Cesser of Board‘s powers on appointment of Company Liquidator (preview)
- Section 314 – Powers and duties of Company Liquidator in voluntary winding up (preview)
- Section 315 – Appointment of committees (preview)
- Section 316 – Company Liquidator to submit report on progress of winding up (preview)
- Section 317 – Report of Company Liquidator to Tribunal for examination of persons (preview)
- Section 318 – Final meeting and dissolution of company (preview)
- Section 319 – Power of Company Liquidator to accept shares, etc., as consideration for sale of property of company (preview)
- Section 320 – Distribution of property of company (preview)
- Section 321 – Arrangement when binding on company and creditors (preview)
- Section 322 – Power to apply to Tribunal to have questions determined, etc (preview)
- Section 323 – Costs of voluntary winding up (preview)
Part III — —Provisions Applicable To Every Mode Of Winding Up
- Section 324 – Debts of all descriptions to be admitted to proof (preview)
- Section 325 – Application of insolvency rules in winding up of insolvent companies (preview)
- Section 326 – Overriding preferential payments (preview)
- Section 327 – Preferential payments (preview)
- Section 328 – Fraudulent preference (preview)
- Section 329 – Transfers not in good faith to be void (preview)
- Section 330 – Certain transfers to be void (preview)
- Section 331 – Liabilities and rights of certain persons fraudulently preferred (preview)
- Section 332 – Effect of floating charge (preview)
- Section 333 – Disclaimer of onerous property (preview)
- Section 334 – Transfers, etc., after commencement of winding up to be void (preview)
- Section 335 – Certain attachments, executions, etc., in winding up by Tribunal to be void (preview)
- Section 336 – Offences by officers of companies in liquidation (preview)
- Section 337 – Penalty for frauds by officers (preview)
- Section 338 – Liability where proper accounts not kept (preview)
- Section 339 – Liability for fraudulent conduct of business (preview)
- Section 340 – Power of Tribunal to assess damages against delinquent directors, etc (preview)
- Section 341 – Liability under sections 339 and 340 to extend to partners or directors in firms or companies (preview)
- Section 342 – Prosecution of delinquent officers and members of company (preview)
- Section 343 – Company Liquidator to exercise certain powers subject to sanction (preview)
- Section 344 – Statement that company is in liquidation (preview)
- Section 345 – Books and papers of company to be evidence (preview)
- Section 346 – Inspection of books and papers by creditors and contributories (preview)
- Section 347 – Disposal of books and papers of company (preview)
- Section 348 – Information as to pending liquidations (preview)
- Section 349 – Official Liquidator to make payments into public account of India (preview)
- Section 350 – Company Liquidator to deposit monies into scheduled bank (preview)
- Section 351 – Liquidator not to deposit monies into private banking account (preview)
- Section 352 – Company Liquidation Dividend and Undistributed Assets Account (preview)
- Section 353 – Liquidator to make returns, etc (preview)
- Section 354 – Meetings to ascertain wishes of creditors or contributories (preview)
- Section 355 – Court, tribunal or person, etc., before whom affidavit may be sworn (preview)
- Section 356 – Power of Tribunal to declare dissolution of company void (preview)
- Section 357 – Commencement of winding up by Tribunal (preview)
- Section 358 – Exclusion of certain time in computing period of limitation (preview)
Part IV — —Official Liquidators
- Section 359 – Appointment of Official Liquidator (preview)
- Section 360 – Powers and functions of Official Liquidator (preview)
- Section 361 – Summary procedure for liquidation (preview)
- Section 362 – Sale of assets and recovery of debts due to company (preview)
- Section 363 – Settlement of claims of creditors by Official Liquidator (preview)
- Section 364 – Appeal by creditor (preview)
- Section 365 – Order of dissolution of company (preview)
Part I — —Companies Authorised To Register Under This Act
- Section 366 – Companies capable of being registered (preview)
- Section 367 – Certificate of registration of existing companies (preview)
- Section 368 – Vesting of property on registration (preview)
- Section 369 – Saving of existing liabilities (preview)
- Section 370 – Continuation of pending legal proceedings (preview)
- Section 371 – Effect of registration under this Part (preview)
- Section 372 – Power of Court to stay or restrain proceedings (preview)
- Section 373 – Suits stayed on winding up order (preview)
- Section 374 – Obligations of companies registering under this Part (preview)
Part II — —Winding Up Of Unregistered Companies
- Section 376 – Power to wind up foreign companies although dissolved (preview)
- Section 377 – Provisions of Chapter cumulative (preview)
- Section 378 – Saving and construction of enactments conferring power to wind up partnership firm, association or company, etc., in certain cases (preview)
Part I — Preliminary
- Section 378A – Definitions (preview)
Part II — Incorporation Of Producer Companies And Other Matters
- Section 378B – Objects of producer company (preview)
- Section 378C – Formation of Producer Company and its registration (preview)
- Section 378D – Membership and voting rights of Members of Producer Company (preview)
- Section 378E – Benefits to Members (preview)
- Section 378F – Memorandum of Producer Company (preview)
- Section 378G – Articles of association (preview)
- Section 378H – Amendment of memorandum (preview)
- Section 378J – Option to inter-State co-operative societies to become Producer Companies (preview)
- Section 378K – Effect of incorporation of Producer Company (preview)
- Section 378L – Vesting of undertaking in Producer Company (preview)
- Section 378M – Concession, etc., to be deemed to have been granted to Producer Company (preview)
- Section 378N – Provisions in respect of officers and other employees of inter-State co-operative society (preview)
Part III — Management Of Producer Company
- Section 378P – Appointment of directors (preview)
- Section 378Q – Vacation of office by directors (preview)
- Section 378R – Powers and functions of Board (preview)
- Section 378S – Matters to be transacted at general meeting (preview)
- Section 378T – Liability of directors (preview)
- Section 378U – Committee of directors (preview)
- Section 378V – Meetings of Board and quorum (preview)
- Section 378W – Chief Executive and his functions (preview)
- Section 378X – Secretary of Producer Company (preview)
- Section 378Y – Quorum (preview)
- Section 378Z – Voting rights (preview)
Part IV — General Meetings
- Section 378ZA – Annual general meetings (preview)
Part V — Share Capital And Members Rights
- Section 378ZB – Share capital (preview)
- Section 378ZC – Special user rights (preview)
- Section 378ZD – Transferability of shares and attendant rights (preview)
Part VI — Finance, Accounts And Audit
- Section 378ZE – Books of account (preview)
- Section 378ZF – Internal audit (preview)
- Section 378ZG – Duties of auditor under this Chapter (preview)
- Section 378ZH – Donation or subscription by Producer Company (preview)
- Section 378ZJ – Issue of bonus shares (preview)
Part VII — Loans To Members And Investments
- Section 378ZK – Loan, etc., to Members (preview)
- Section 378ZL – Investment in other companies, formation of subsidiaries, etc (preview)
Part VIII — Penalties
Part IX — Amalgamation, Merger Or Division
Part XI — Miscellaneous Provisions
- Section 378ZP – Strike off name of Producer Company (preview)
- Section 378ZQ – Provisions of this Chapter to override other laws (preview)
- Section 378ZR – Application of provisions relating to private companies (preview)
Part XII — Re-Conversion Of Producer Company To Inter-State Co-Operative Society
- Section 378ZS – Re-conversion of Producer Company to inter-State co-operative society (preview)
- Section 378ZT – Power to modify Act in its application to Producer Companies (preview)
- Section 378ZU – Power to make rules (preview)
Chapter XXII — Companies Incorporated Outside India
- Section 379 – Application of Act to foreign companies (preview)
- Section 380 – Documents, etc., to be delivered to Registrar by foreign companies (preview)
- Section 381 – Accounts of foreign company (preview)
- Section 382 – Display of name, etc., of foreign company (preview)
- Section 383 – Service on foreign company (preview)
- Section 384 – Debentures, annual return, registration of charges, books of account and their inspection (preview)
- Section 385 – Fee for registration of documents (preview)
- Section 386 – Interpretation (preview)
- Section 387 – Dating of prospectus and particulars to be contained therein (preview)
- Section 388 – Provisions as to expert‘s consent and allotment (preview)
- Section 389 – Registration of prospectus (preview)
- Section 390 – Offer of India Depository Receipts (preview)
- Section 391 – Application of sections 34 to 36 and Chapter XX (preview)
- Section 392 – Punishment for contravention (preview)
- Section 393 – Company‘s failure to comply with provisions of this Chapter not to affect validity or contracts, etc (preview)
Chapter XXIII — Government Companies
- Section 394 – Annual reports on Government companies (preview)
- Section 395 – Annual reports where one or more State Governments are members of companies (preview)
Chapter XXIV — Registration Offices And Fees
- Section 396 – Registration offices (preview)
- Section 397 – Admissibility of certain documents as evidence (preview)
- Section 398 – Provisions relating to filing of applications, documents, inspection, etc., in electronic form (preview)
- Section 399 – Inspection, production and evidence of documents kept by Registrar (preview)
- Section 400 – Electronic form to be exclusive, alternative or in addition to physical form (preview)
- Section 401 – Provision of value added services through electronic form (preview)
- Section 402 – Application of provisions of Information Technology Act, 2000 (preview)
- Section 403 – Fee for filing, etc (preview)
- Section 404 – Fees, etc., to be credited into public account (preview)
Chapter XXV — Companies To Furnish Information Or Statistics
- Section 405 – Power of Central Government to direct companies to furnish information or statistics (preview)
Chapter XXVI — Nidhis
Chapter XXVII — National Company Law Tribunal And Appellate Tribunal
- Section 407 – Definitions (preview)
- Section 408 – Constitution of National Company Law Tribunal (preview)
- Section 409 – Qualification of President and Members of Tribunal (preview)
- Section 410 – Constitution of Appellate Tribunal (preview)
- Section 411 – Qualifications of Chairperson and members of Appellate Tribunal (preview)
- Section 412 – Selection of Members of Tribunal and Appellate Tribunal (preview)
- Section 413 – Term of office of President, Chairperson and other Members (preview)
- Section 414 – Salary, allowances and other terms and conditions of service of Members (preview)
- Section 415 – Acting President and Chairperson of Tribunal or Appellate Tribunal (preview)
- Section 416 – Resignation of Members (preview)
- Section 417 – Removal of Members (preview)
- Section 417A – Selection, qualifications, conditions of service, allowances, etc. (preview)
- Section 418 – Staff of Tribunal and Appellate Tribunal (preview)
- Section 419 – Benches of Tribunal (preview)
- Section 420 – Orders of Tribunal (preview)
- Section 421 – Appeal from orders of Tribunal (preview)
- Section 422 – Expeditious disposal by Tribunal and Appellate Tribunal (preview)
- Section 423 – Appeal to Supreme Court (preview)
- Section 424 – Procedure before Tribunal and Appellate Tribunal (preview)
- Section 425 – Power to punish for contempt (preview)
- Section 426 – Delegation of powers (preview)
- Section 427 – President, Members, officers, etc., to be public servants (preview)
- Section 428 – Protection of action taken in good faith (preview)
- Section 429 – Power to seek assistance of Chief Metropolitan Magistrate, etc (preview)
- Section 430 – Civil court not to have jurisdiction (preview)
- Section 431 – Vacancy in Tribunal or Appellate Tribunal not to invalidate acts or proceedings (preview)
- Section 432 – Right to legal representation (preview)
- Section 433 – Limitation (preview)
- Section 434 – Transfer of certain pending proceedings (preview)
Chapter XXVIII — Special Courts
- Section 435 – Establishment of Special Courts (preview)
- Section 436 – Offences triable by Special Courts (preview)
- Section 437 – Appeal and revision (preview)
- Section 438 – Application of Code to proceedings before Special Court (preview)
- Section 439 – Offences to be non-cognizable (preview)
- Section 440 – Transitional provisions (preview)
- Section 441 – Compounding of certain offences (preview)
- Section 442 – Mediation and Conciliation Panel (preview)
- Section 443 – Power of Central Government to appoint company prosecutors (preview)
- Section 444 – Appeal against acquittal (preview)
- Section 445 – Compensation for accusation without reasonable cause (preview)
- Section 446 – Application of fines (preview)
- Section 446A – Factors for determining level of punishment (preview)
- Section 446B – Lesser penalties for One Person Companies or small companies (preview)
Chapter XXIX — Miscellaneous
- Section 447 – Punishment for fraud (preview)
- Section 448 – Punishment for false statement (preview)
- Section 449 – Punishment for false evidence (preview)
- Section 450 – Punishment where no specific penalty or punishment is provided (preview)
- Section 451 – Punishment in case of repeated default (preview)
- Section 452 – Punishment for wrongful withholding of property (preview)
- Section 453 – Punishment for improper use of ―Limited‖ or ―Private Limited‖ (preview)
- Section 454 – Adjudication of penalties (preview)
- Section 454A – Penalty for repeated default (preview)
- Section 455 – Dormant company (preview)
- Section 456 – Protection of action taken in good faith (preview)
- Section 457 – Non-disclosure of information in certain cases (preview)
- Section 458 – Delegation by Central Government of its powers and functions (preview)
- Section 459 – Power of Central Government of Tribunal to accord approval, etc., subject to conditions and to prescribe fees on applications (preview)
- Section 460 – Condonation of delay in certain cases (preview)
- Section 461 – Annual report by Central Government (preview)
- Section 462 – Power to exempt class or classes of companies from provisions of this Act (preview)
- Section 463 – Power of court to grant relief in certain cases (preview)
- Section 464 – Prohibition of association or partnership of persons exceeding certain number (preview)
- Section 465 – Repeal of certain enactments and savings (preview)
- Section 466 – Dissolution of Company Law Board and consequential provisions (preview)
- Section 467 – Power of Central Government to amend Schedules (preview)
- Section 468 – Power of Central Government to make rules relating to winding up (preview)
- Section 469 – Power of Central Government to make rules (preview)
- Section 470 – Power to remove difficulties (preview)