Act 18 of 2013

The Companies Act, 2013

An Act to consolidate and amend the law relating to companies.

  • Ministry of Corporate Affairs
  • Enacted 2013-08-29
  • 527 sections
SectionTitle
1 Short title, extent, commencement and application. Read
2 Definitions. Read
3 Formation of company. Read
3A Members severally liable in certain cases.Read
4 Memorandum. Read
5 Articles. Read
6 Act to override memorandum, articles, etc. Read
7 Incorporation of company. Read
8 Formation of companies with charitable objects, etc. Read
9 Effect of registration. Read
10 Effect of memorandum and articles. Read
10A Commencement of business, etc.Read
11 [Omitted]. Read
12 Registered office of company. Read
13 Alteration of memorandum. Read
14 Alteration of articles. Read
15 Alteration of memorandum or articles to be noted in every copy. Read
16 Rectification of name of company. Read
17 Copies of memorandum, articles, etc., to be given to members. Read
18 Conversion of companies already registered. Read
19 Subsidiary company not to hold shares in its holding company. Read
20 Service of documents. Read
21 Authentication of documents, proceedings and contracts. Read
22 Execution of bills of exchange, etc. Read
23 Public offer and private placement. Read
24 Power of Securities and Exchange Board to regulate issue and transfer of securities, etc. Read
25 Document containing offer of securities for sale to be deemed prospectus. Read
26 Matters to be stated in prospectus. Read
27 Variation in terms of contract or objects in prospectus. Read
28 Offer of sale of shares by certain members of company. Read
29 Public offer of securities to be in dematerialised form. Read
30 Advertisement of prospectus.Read
31 Shelf prospectus.Read
32 Red herring prospectus.Read
33 Issue of application forms for securitiesRead
34 Criminal liability for mis-statements in prospectus.Read
35 Civil liability for mis-statements in prospectus.Read
36 Punishment for fraudulently inducing persons to invest money.Read
37 Action by affected persons.Read
38 Punishment for personation for acquisition, etc., of securitiesRead
39 Allotment of securities by company.Read
40 Securities to be dealt with in stock exchanges.Read
41 Global depository receipt.Read
42 Issue of shares on private placement basis.Read
43 Kinds of share capital.Read
44 Nature of shares or debentures.Read
45 Numbering of sharesRead
46 Certificate of shares.Read
47 Voting rightsRead
48 Variation of shareholders‘ rightsRead
49 Calls on shares of same class to be made on uniform basis.Read
50 Company to accept unpaid share capital, although not called up.Read
51 Payment of dividend in proportion to amount paid-upRead
52 Application of premiums received on issue of shares.Read
53 Prohibition on issue of shares at discount.Read
54 Issues of sweat equity sharesRead
55 Issue and redemption of preference shares.Read
56 Transfer and transmission of securities.Read
57 Punishment for personation of shareholder.Read
58 Refusal of registration and appeal against refusal.Read
59 Rectification of register of members.Read
60 Publication of authorised, subscribed and paid-up capital.Read
61 Power of limited company to alter its share capital.Read
62 Further issue of share capital.Read
63 Issue of bonus sharesRead
64 Notice to be given to Registrar for alteration of share capital.Read
65 Unlimited company to provide for reserve share capital on conversion into limited company.Read
66 Reduction of share capital.Read
67 Restrictions on purchase by company or giving of loans by it for purchase of its shares.Read
68 Power of company to purchase its own securities.Read
69 Transfer of certain sums to capital redemption reserve account.Read
70 Prohibition for buy-back in certain circumstances.Read
71 DebenturesRead
72 Power to nominate.Read
73 Prohibition on acceptance of deposits from public.Read
74 Repayment of deposits, etc., accepted before commencement of this Act.Read
75 Damages for fraud.Read
76 Acceptance of deposits from public by certain companies.Read
76A Punishment for contravention of section 73 or section 76.Read
77 Duty to register charges, etcRead
78 Application for registration of chargeRead
79 Section 77 to apply in certain matters.Read
80 Date of notice of charge.Read
81 Register of charges to be kept by Registrar.Read
82 Company to report satisfaction of chargeRead
83 Power of Registrar to make entries of satisfaction and release in absence of intimation from company.Read
84 Intimation of appointment of receiver or manager.Read
85 Company‘s register of charges.Read
86 Punishment for contravention.Read
87 Rectification by Central Government in Register of charges.Read
88 Register of members, etc.Read
89 Declaration in respect of beneficial interest in any shareRead
90 Register of significant beneficial owners in a Company.Read
91 Power to close register of members or debenture holders or other security holdersRead
92 Annual return.Read
93 Omitted.Read
94 Place of keeping and inspection of registers, returns, etc.Read
95 Registers, etc., to be evidence.Read
96 Annual general meeting.Read
97 Power of Tribunal to call annual general meetingRead
98 Power of Tribunal to call meetings of members, etcRead
99 Punishment for default in complying with provisions of sections 96 to 98.Read
100 Calling of extraordinary general meeting.Read
101 Notice of meeting.Read
102 Statement to be annexed to noticeRead
103 Quorum for meetingsRead
104 Chairman of meetings.Read
105 ProxiesRead
106 Restriction on voting rights.Read
107 Voting by show of hands.Read
108 Voting through electronic means.Read
109 Demand for poll.Read
110 Postal ballot.Read
111 Circulation of members‘ resolution.Read
112 Representation of President and Governors in meetings.Read
113 Representation of corporations at meeting of companies and of creditors.Read
114 Ordinary and special resolutions.Read
115 Resolutions requiring special noticeRead
116 Resolutions passed at adjourned meetingRead
117 Resolutions and agreements to be filed.Read
118 . Minutes of proceedings of general meeting, meeting of Board of Directors and other meeting and resolutions passed by postal ballot.Read
119 Inspection of minute-books of general meetingRead
120 Maintenance and inspection of documents in electronic form.Read
121 Report on annual general meeting.Read
122 Applicability of this Chapter to One Person CompanyRead
123 Declaration of dividendRead
124 Unpaid Dividend AccountRead
125 Investor Education and Protection Fund.Read
126 Right to dividend, rights shares and bonus shares to be held in abeyance pending registration of transfer of shares.Read
127 Punishment for failure to distribute dividends.Read
128 Books of account, etc., to be kept by companyRead
129 Financial statement.Read
129A Periodical financial results.Read
130 Re-opening of accounts on court‘s or Tribunal‘s ordersRead
131 Voluntary revision of financial statements or Board‘s reportRead
132 Constitution of National Financial Reporting AuthorityRead
133 Central Government to prescribe accounting standardsRead
134 Financial statement, Board‘s report, etc.Read
135 Corporate Social ResponsibilityRead
136 Right of member to copies of audited financial statementRead
137 Copy of financial statement to be filed with RegistrarRead
138 Internal Audit.Read
139 Appointment of auditorsRead
140 Removal, resignation of auditor and giving of special notice.Read
141 Eligibility, qualifications and disqualifications of auditors.Read
142 Remuneration of auditors.Read
143 Powers and duties of auditors and auditing standards.Read
144 Auditor not to render certain services.Read
145 Auditor to sign audit reports, etc.Read
146 Auditors to attend general meeting.Read
147 Punishment for contravention.Read
148 Central Government to specify audit of items of cost in respect of certain companies. Read
149 Company to have Board of DirectorsRead
150 Manner of selection of independent directors and maintenance of data bank of independent directors.Read
151 Appointment of director elected by small shareholders.Read
152 Appointment of directorsRead
153 Application for allotment of Director Identification Number.Read
154 Allotment of Director Identification Number.Read
155 Prohibition to obtain more than one Director Identification Number.Read
156 Director to intimate Director Identification NumberRead
157 Company to inform Director Identification Number to Registrar.Read
158 Obligation to indicate Director Identification Number.Read
159 Penalty for default of certain provisionsRead
160 Right of persons other than retiring directors to stand for directorship.Read
161 Appointment of additional director, alternate director and nominee director.Read
162 Appointment of directors to be voted individually.Read
163 Option to adopt principle of proportional representation for appointment of directors.Read
164 Disqualifications for appointment of director.Read
165 Number of directorships.Read
166 Duties of directors.Read
167 Vacation of office of director.Read
168 Resignation of director.Read
169 Removal of directorsRead
170 Register of directors and key managerial personnel and their shareholding.Read
171 Members‘ right to inspect.Read
172 Penalty.Read
173 Meetings of Board.Read
174 Quorum for meetings of BoardRead
175 Passing of resolution by circulationRead
176 Defects in appointment of directors not to invalidate actions takenRead
177 Audit committee.Read
178 Nomination and Remuneration Committee and Stakeholders Relationship Committee.Read
179 Powers of Board.Read
180 Restrictions on powers of Board.Read
181 Company to contribute to bona fide and charitable funds, etc.Read
182 Prohibitions and restrictions regarding political contributionsRead
183 Power of Board and other persons to make contributions to national defence fund, etc.Read
184 Disclosure of interest by director.Read
185 Loan to directors, etcRead
186 Loan and investment by companyRead
187 Investments of company to be held in its own name.Read
188 Related party transactions.Read
189 Register of contracts or arrangements in which directors are interestedRead
190 Contract of employment with managing or whole-time directorsRead
191 Payment to director for loss of office, etc., in connection with transfer of undertaking, property or shares.Read
192 Restriction on non-cash transactions involving directors.Read
193 Contract by One Person Company.Read
194 Prohibition on forward dealings in securities of company by director or key managerial personnelRead
195 Prohibition on insider trading of securities.Read
196 Appointment of managing director, whole-time director or manager.Read
197 Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits.Read
198 Calculation of profitsRead
199 Recovery of remuneration in certain casesRead
200 Central Government or company to fix limit with regard to remunerationRead
201 Forms of, and procedure in relation to, certain applications.Read
202 Compensation for loss of office of managing or whole-time director or manager.Read
203 Appointment of key managerial personnel.Read
204 Secretarial audit for bigger companiesRead
205 Functions of company secretary.Read
206 Power to call for information, inspect books and conduct inquiriesRead
207 Conduct of inspection and inquiry.Read
208 Report on inspection made.Read
209 Search and seizure.Read
210 Investigation into affairs of company.Read
211 Establishment of Serious Fraud Investigation OfficeRead
212 Investigation into affairs of company by Serious Fraud Investigation Office.Read
213 Investigation into company‘s affairs in other cases.Read
214 Security for payment of costs and expenses of investigationRead
215 Firm, body corporate or association not to be appointed as inspectorRead
216 Investigation of ownership of company.Read
217 Procedure, powers, etc., of inspectors.Read
218 Protection of employees during investigation.Read
219 Power of inspector to conduct investigation into affairs of related companies, etc.Read
220 Seizure of documents by inspectorRead
221 Freezing of assets of company on inquiry and investigation.Read
222 Imposition of restrictions upon securities.Read
223 Inspector‘s report.Read
224 Actions to be taken in pursuance of inspector‘s report.Read
225 Expenses of investigationRead
226 Voluntary winding up of company, etc., not to stop investigation proceedingsRead
227 Legal advisers and bankers not to disclose certain information.Read
228 Investigation, etc., of foreign companies.Read
229 Penalty for furnishing false statement, mutilation, destruction of documentsRead
230 Power to compromise or make arrangements with creditors and membersRead
231 Power to Tribunal to enforce compromise or arrangement.Read
232 Merger and amalgamation of companies.Read
233 Merger or amalgamation of certain companies.Read
234 Merger or amalgamation of company with foreign companyRead
235 Power to acquire shares of shareholders dissenting from scheme or contract approved by majorityRead
236 Purchase of minority shareholding.Read
237 Power of Central Government to provide for amalgamation of companies in public interest.Read
238 Registration of offer of schemes involving transfer of shares.Read
239 Preservation of books and papers of amalgamated companiesRead
240 Liability of officers in respect of offences committed prior to merger, amalgamation, etc.Read
241 Application to Tribunal for relief in cases of oppression, etc.Read
242 Powers of Tribunal.Read
243 Consequence of termination or modification of certain agreements.Read
244 Right to apply under section 241.Read
245 Class actionRead
246 Application of certain provisions to proceedings under section 241 or section 245.Read
247 Valuation by registered valuers.Read
248 Power of Registrar to remove name of company from register of companies.Read
249 Restrictions on making application under section 248 in certain situations.Read
250 Effect of company notified as dissolved.Read
251 Fraudulent application for removal of nameRead
252 Appeal to Tribunal.Read
253 Determination of sicknessRead
254 Application for revival and rehabilitationRead
255 Exclusion of certain time in computing period of limitation.Read
256 Appointment of interim administrator.Read
257 Committee of creditors.Read
258 Order of Tribunal.Read
259 Appointment of administratorRead
260 Powers and duties of company administrator.Read
261 Scheme of revival and rehabilitation.Read
262 Sanction of schemeRead
263 Scheme to be bindingRead
264 Implementation of schemeRead
265 Winding up of company on report of company administrator.Read
266 Power of Tribunal to assess damages against delinquent directors, etc.Read
267 Punishment for certain offences.Read
268 Bar of jurisdictionRead
269 Rehabilitation and Insolvency Fund.Read
270 Modes of winding up.Read
271 Circumstances in which company may be wound up by Tribunal.Read
272 Petition for winding up.Read
273 Powers of Tribunal.Read
274 Directions for filing statement of affairsRead
275 Company Liquidators and their appointmentsRead
276 Removal and replacement of liquidatorRead
277 Intimation to Company Liquidator, provisional liquidator and RegistrarRead
278 Effect of winding up order.Read
279 Stay of suits, etc., on winding up order.Read
280 Jurisdiction of Tribunal.Read
281 Submission of report by Company LiquidatorRead
282 Directions of Tribunal on report of Company Liquidator.Read
283 Custody of company‘s propertiesRead
284 Promoters, directors, etc., to cooperate with Company Liquidator.Read
285 Settlement of list of contributories and application of assets.Read
286 Obligations of directors and managers.Read
287 Advisory Committee.Read
288 Submission of periodical reports to Tribunal.Read
289 Power of Tribunal on application for stay of winding up.Read
290 Powers and duties of Company Liquidator.Read
291 Provision for professional assistance to Company LiquidatorRead
292 Exercise and control of Company Liquidator‘s powers.Read
293 Books to be kept by Company LiquidatorRead
294 Audit of Company Liquidator‘s accounts.Read
295 Payment of debts by contributory and extent of set-off.Read
296 Power of Tribunal to make calls.Read
297 Adjustment of rights of contributories.Read
298 Power to order costs.Read
299 Power to summon persons suspected of having property of company, etc.Read
300 Power to order examination of promoters, directors, etc.Read
301 Arrest of person trying to leave India or abscond.Read
302 Dissolution of company by Tribunal.Read
303 Appeals from orders made before commencement of Act.Read
304 Circumstances in which company may be wound up voluntarily.Read
305 Declaration of solvency in case of proposal to wind up voluntarily.Read
306 Meeting of creditors.Read
307 Publication of resolution to wind up voluntarily.Read
308 Commencement of voluntary winding up.Read
309 Effect of voluntary winding up.Read
310 Appointment of Company Liquidator.Read
311 Power to remove and fill vacancy of Company LiquidatorRead
312 Notice of appointment of Company Liquidator to be given to Registrar.Read
313 Cesser of Board‘s powers on appointment of Company Liquidator.Read
314 Powers and duties of Company Liquidator in voluntary winding upRead
315 Appointment of committees.Read
316 Company Liquidator to submit report on progress of winding up.Read
317 Report of Company Liquidator to Tribunal for examination of personsRead
318 Final meeting and dissolution of companyRead
319 Power of Company Liquidator to accept shares, etc., as consideration for sale of property of companyRead
320 Distribution of property of companyRead
321 Arrangement when binding on company and creditors.Read
322 Power to apply to Tribunal to have questions determined, etc.Read
323 Costs of voluntary winding up.Read
324 Debts of all descriptions to be admitted to proofRead
325 Application of insolvency rules in winding up of insolvent companies.Read
326 Overriding preferential payments.Read
327 Preferential payments.Read
328 Fraudulent preferenceRead
329 Transfers not in good faith to be voidRead
330 Certain transfers to be void.Read
331 Liabilities and rights of certain persons fraudulently preferred.Read
332 Effect of floating charge.Read
333 Disclaimer of onerous property.Read
334 Transfers, etc., after commencement of winding up to be void.Read
335 Certain attachments, executions, etc., in winding up by Tribunal to be voidRead
336 Offences by officers of companies in liquidation.Read
337 Penalty for frauds by officers.Read
338 Liability where proper accounts not keptRead
339 Liability for fraudulent conduct of businessRead
340 Power of Tribunal to assess damages against delinquent directors, etcRead
341 Liability under sections 339 and 340 to extend to partners or directors in firms or companiesRead
342 Prosecution of delinquent officers and members of company.Read
343 Company Liquidator to exercise certain powers subject to sanction.Read
344 Statement that company is in liquidation.Read
345 Books and papers of company to be evidence.Read
346 Inspection of books and papers by creditors and contributories.Read
347 Disposal of books and papers of companyRead
348 Information as to pending liquidations.Read
349 Official Liquidator to make payments into public account of India.Read
350 Company Liquidator to deposit monies into scheduled bankRead
351 Liquidator not to deposit monies into private banking account.Read
352 Company Liquidation Dividend and Undistributed Assets AccountRead
353 Liquidator to make returns, etc.Read
354 Meetings to ascertain wishes of creditors or contributoriesRead
355 Court, tribunal or person, etc., before whom affidavit may be sworn.Read
356 Power of Tribunal to declare dissolution of company void.Read
357 Commencement of winding up by Tribunal.Read
358 Exclusion of certain time in computing period of limitation.Read
359 Appointment of Official LiquidatorRead
360 Powers and functions of Official Liquidator.Read
361 Summary procedure for liquidation.Read
362 Sale of assets and recovery of debts due to company.Read
363 Settlement of claims of creditors by Official Liquidator.Read
364 Appeal by creditorRead
365 Order of dissolution of companyRead
366 Companies capable of being registeredRead
367 Certificate of registration of existing companiesRead
368 Vesting of property on registration.Read
369 Saving of existing liabilitiesRead
370 Continuation of pending legal proceedings.Read
371 Effect of registration under this Part.Read
372 Power of Court to stay or restrain proceedingsRead
373 Suits stayed on winding up orderRead
374 Obligations of companies registering under this PartRead
375 Winding up of unregistered companiesRead
376 Power to wind up foreign companies although dissolved.Read
377 Provisions of Chapter cumulativeRead
378 Saving and construction of enactments conferring power to wind up partnership firm, association or company, etc., in certain cases.Read
378A DefinitionsRead
378B Objects of producer company.Read
378C Formation of Producer Company and its registration.Read
378D Membership and voting rights of Members of Producer CompanyRead
378E Benefits to Members.Read
378F Memorandum of Producer Company.Read
378G Articles of association.Read
378H Amendment of memorandum.Read
378-I Amendment of articles.Read
378J Option to inter-State co-operative societies to become Producer Companies.Read
378K Effect of incorporation of Producer Company.Read
378L Vesting of undertaking in Producer Company.Read
378M Concession, etc., to be deemed to have been granted to Producer CompanyRead
378N Provisions in respect of officers and other employees of inter-State co-operative society.Read
378-O Number of directors.Read
378P Appointment of directors.Read
378Q Vacation of office by directors.Read
378R Powers and functions of Board.Read
378S Matters to be transacted at general meeting.Read
378T Liability of directors.Read
378U Committee of directors.Read
378V Meetings of Board and quorum.Read
378W Chief Executive and his functions.Read
378X Secretary of Producer CompanyRead
378Y QuorumRead
378Z Voting rights.Read
378ZA Annual general meetings.Read
378ZB Share capital.Read
378ZC Special user rights.Read
378ZD Transferability of shares and attendant rights.Read
378ZE Books of accountRead
378ZF Internal audit.Read
378ZG Duties of auditor under this ChapterRead
378ZH Donation or subscription by Producer Company.Read
378Z-I General and other reserves.Read
378ZJ Issue of bonus shares.Read
378ZK Loan, etc., to Members.Read
378ZL Investment in other companies, formation of subsidiaries, etc.Read
378ZM Penalty for contravention.Read
378ZN Amalgamation, merger or division, etc., to form new Producer Companies.Read
378Z-O Disputes.Read
378ZP Strike off name of Producer Company.Read
378ZQ Provisions of this Chapter to override other laws.Read
378ZR Application of provisions relating to private companies.Read
378ZS Re-conversion of Producer Company to inter-State co-operative society.Read
378ZT Power to modify Act in its application to Producer CompaniesRead
378ZU Power to make rules.Read
379 Application of Act to foreign companiesRead
380 Documents, etc., to be delivered to Registrar by foreign companies.Read
381 Accounts of foreign company.Read
382 Display of name, etc., of foreign companyRead
383 Service on foreign company.Read
384 Debentures, annual return, registration of charges, books of account and their inspection.Read
385 Fee for registration of documents.Read
386 InterpretationRead
387 Dating of prospectus and particulars to be contained therein.Read
388 Provisions as to expert‘s consent and allotment. Read
389 Registration of prospectus.Read
390 Offer of India Depository ReceiptsRead
391 Application of sections 34 to 36 and Chapter XXRead
392 Punishment for contraventionRead
393 Company‘s failure to comply with provisions of this Chapter not to affect validity or contracts, etcRead
393A Exemptions under this Chapter.Read
394 Annual reports on Government companies.Read
395 Annual reports where one or more State Governments are members of companies.Read
396 Registration offices.Read
397 Admissibility of certain documents as evidence.Read
398 Provisions relating to filing of applications, documents, inspection, etc., in electronic form.Read
399 Inspection, production and evidence of documents kept by RegistrarRead
400 Electronic form to be exclusive, alternative or in addition to physical form.Read
401 Provision of value added services through electronic formRead
402 Application of provisions of Information Technology Act, 2000.Read
403 Fee for filing, etcRead
404 Fees, etc., to be credited into public account.Read
405 Power of Central Government to direct companies to furnish information or statistics.Read
406 Provision relating to Nidhis and its application, etc.Read
407 DefinitionsRead
408 Constitution of National Company Law Tribunal.Read
409 Qualification of President and Members of TribunalRead
410 Constitution of Appellate Tribunal.Read
411 Qualifications of Chairperson and members of Appellate Tribunal.Read
412 Selection of Members of Tribunal and Appellate Tribunal.Read
413 Term of office of President, Chairperson and other MembersRead
414 Salary, allowances and other terms and conditions of service of Members.Read
415 Acting President and Chairperson of Tribunal or Appellate Tribunal.Read
416 Resignation of Members.Read
417 Removal of Members.Read
417A Qualifications, terms and conditions of service of Chairperson and Member.Read
418 Staff of Tribunal and Appellate TribunalRead
418A Benches of Appellate Tribunal.Read
419 Benches of Tribunal.Read
420 Orders of Tribunal.Read
421 Appeal from orders of TribunalRead
422 Expeditious disposal by Tribunal and Appellate TribunalRead
423 Appeal to Supreme Court. Read
424 Procedure before Tribunal and Appellate Tribunal.Read
425 Power to punish for contempt.Read
426 Delegation of powersRead
427 President, Members, officers, etc., to be public servantsRead
428 Protection of action taken in good faith.Read
429 Power to seek assistance of Chief Metropolitan Magistrate, etc.Read
430 Civil court not to have jurisdiction.Read
431 Vacancy in Tribunal or Appellate Tribunal not to invalidate acts or proceedings.Read
432 Right to legal representation.Read
433 Limitation.Read
434 Transfer of certain pending proceedingsRead
435 Establishment of Special CourtsRead
436 Offences triable by Special Courts.Read
437 Appeal and revision.Read
438 Application of Code to proceedings before Special Court.Read
439 Offences to be non-cognizable.Read
440 Transitional provisions.Read
441 Compounding of certain offences.Read
442 Mediation and Conciliation Panel.Read
443 Power of Central Government to appoint company prosecutorsRead
444 Appeal against acquittal.Read
445 Compensation for accusation without reasonable cause.Read
446 Application of fines.Read
446A Factors for determining level of punishment.Read
446B Lesser penalties for One Person Companies or small companies.Read
447 Punishment for fraudRead
448 Punishment for false statement.Read
449 Punishment for false evidence.Read
450 Punishment where no specific penalty or punishment is provided.Read
451 Punishment in case of repeated defaultRead
452 Punishment for wrongful withholding of propertyRead
453 Punishment for improper use of ―Limited‖ or ―Private Limited‖.Read
454 Adjudication of penalties.Read
454A Penalty for repeated default.Read
455 Dormant company.Read
456 Protection of action taken in good faith.Read
457 Non-disclosure of information in certain cases.Read
458 Delegation by Central Government of its powers and functions.Read
459 Power of Central Government of Tribunal to accord approval, etc., subject to conditions and to prescribe fees on applicationsRead
460 Condonation of delay in certain casesRead
461 Annual report by Central GovernmentRead
462 Power to exempt class or classes of companies from provisions of this Act.Read
463 Power of court to grant relief in certain cases.Read
464 Prohibition of association or partnership of persons exceeding certain number.Read
465 Repeal of certain enactments and savings.Read
466 Dissolution of Company Law Board and consequential provisions.Read
467 Power of Central Government to amend Schedules.Read
468 Power of Central Government to make rules relating to winding up.Read
469 Power of Central Government to make rules.Read
470 Power to remove difficulties.Read
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