(1) In this Act, unless the context otherwise requires,—
(a) “Companies Act” means the Indian Companies Act, 1913 (7 of 1913);
(b) “directors” means the directors appointed under section 3;
(c) “notified order” means an order notified in the Official Gazette;
(d) “prescribed” means prescribed by rules made under this Act;
(e) “railway company” means any company registered under the Companies Act or any law repealed thereby for the purpose of making and working or making or working a railway, whether alone or in conjunction with other purposes.