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Companies Law
Home Acts & Rules Companies Law Act Companies Act, 1956 Chapters List

Companies Act, 1956

 
Chapter: I
PRELIMINARY
Section 1 : Short title, commencement and extent.
Section 2 : Definitions
Section 2A : Interpretation of certain words and expressions.
Section 3 : Definitions of "company", "existing company", "private company" and "public company".
Section 4 : Meaning of "holding company" and "subsidiary".
Section 4A : Public financial institutions.
Section 5 : Meaning of "officer who is in default".
Section 6 : Meaning of "relative".
Section 7 : Interpretation of "person in accordance with whose directions or instructions directors are accustomed to act".
Section 8 : Power of Central Government to declare an establishment not to be a branch office.
Section 9 : Act to override memorandum, articles, etc.
Section 10 : Jurisdiction of Courts.
Section 10A : Constitution of Tribunal.
Section 10B : Procedure of Tribunal.
Section 10C : Powers of Tribunal.
Section 10D : Appeals against decisions, etc., of the Tribunal.
Chapter: IA
BOARD OF COMPANY LAW ADMINISTRATION
Section 10E : Constitution of Board of Company Law Administration.
Section 10F : Appeals against the orders of the Company Law Board.
Section 10FA : Dissolution of Company Law Board.
Chapter: IB
NATIONAL COMPANY LAW TRIBUNAL
Section 10FB : Constitution of National Company Law Tribunal.
Section 10FC : Composition of Tribunal.
Section 10FD : Qualifications for appointment of President and Members.
Section 10FE : Term of office of President and Members.
Section 10FF : Financial and administrative powers of Member administration.
Section 10FG : Salary, allowances and other terms and conditions of service of President and other members.
Section 10FH : Vacancy in Tribunal.
Section 10FI : Resignation of President and Member.
Section 10FJ : Removal and suspension of President or Member.
Section 10FK : Officers and employees of Tribunal.
Section 10FL : Benches of Tribunal.
Section 10FM : Order of Tribunal.
Section 10FN : Power to review.
Section 10FO : Delegation of powers.
Section 10FP : Power to seek assistance of Chief Metropolitan Magistrate and District Magistrate.
Chapter: IC
APPELLATE TRIBUNAL
Section 10FQ : Appeal from order of Tribunal.
Section 10FR : Constitution of Appellate Tribunal.
Section 10FS : Vacancy in Appellate Tribunal, etc.
Section 10FT : Term of office of Chairperson and Members.
Section 10FU : Resignation of Chairperson and Members.
Section 10FV : Removal and suspension of Chairperson and Members of Appellate Tribunal.
Section 10FW : Salary, allowances and other terms and conditions of service of Chairperson and Members.
Section 10FX : Selection Committee.
Section 10FY : Chairperson, etc., to be public servants.
Section 10FZ : Protection of action taken in good faith.
Section 10FZA : Procedure and powers of Tribunal and Appellate Tribunal.
Section 10G : Power to punish for contempt.
Section 10GA : Staff of Appellate Tribunal.
Section 10GB : Civil court not to have jurisdiction.
Section 10GC : Vacancy in Tribunal or Appellate Tribunal not to invalidate acts or proceedings.
Section 10GD : Right to legal representation.
Section 10GE : Limitation.
Section 10GF : Appeal to Supreme Court.
Chapter: II
INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO
Section 11 : Prohibition of associations and partnerships exceeding certain number.
Section 12 : Mode of forming incorporated company.
Section 13 : Requirements with respect to memorandum.
Section 14 : Form of memorandum.
Section 15 : Printing and signature of memorandum.
Section 15A : Special provision as to alteration of memorandum consequent on alteration of name of State of Madras.
Section 15B : Special provision as to alteration of memorandum consequent on alteration of name of State of Mysore.
Section 16 : Alteration of memorandum.
Section 17 : Special resolution and confirmation by Central Government required for alteration of memorandum.
Section 17A : Change of registered office within a State.
Section 18 : Alteration to be registered within three months.
Section 19 : Effect of failure to register.
Section 20 : Companies not to be registered with undesirable names
Section 21 : Change of name by company
Section 22 : Rectification of name of company.
Section 23 : Registration of change of name and effect thereof.
Section 24 : Change of name of existing private limited companies.
Section 25 : Power to dispense with "Limited" in name of charitable or other company.
Section 26 : Articles prescribing regulations.
Section 27 : Regulations required in case of unlimited company, company limited by guarantee or private company limited by shares.
Section 28 : Adoption and application of Table A in the case of companies limited by shares.
Section 29 : Form of articles in the case of other companies.
Section 30 : Form and signature of articles.
Section 31 : Alteration of articles by special resolution.
Section 32 : Registration of unlimited company as limited, etc.
Section 33 : Registration of memorandum and articles.
Section 34 : Effect of registration.
Section 35 : Conclusiveness of certificate of incorporation.
Section 36 : Effect of memorandum and articles.
Section 37 : Provision as to companies limited by guarantee.
Section 38 : Effect of alteration in memorandum or articles.
Section 39 : Copies of memorandum and articles, etc., to be given to members.
Section 40 : Alteration of memorandum or articles, etc., to be noted in every copy.
Section 41 : Definition of "member".
Section 42 : Membership of holding company.
Section 43 : Consequences of default in complying with conditions constituting a company a private company.
Section 43A : Private company to become public company in certain cases.
Section 44 : Prospectus or statement in lieu of prospectus to be filed by private company on ceasing to be private company.
Section 45 : Members severally liable for debts where business carried on with fewer than seven, or in the case of a private company, two members.
Section 46 : Form of contracts.
Section 47 : Bills of exchange and promissory notes.
Section 48 : Execution of deeds.
Section 49 : Investments of company to be held in its own name.
Section 50 : Power for company to have official seal for use outside India.
Section 51 : Service of documents on company.
Section 52 : Service of documents on Registrar.
Section 53 : Service of documents on members by company.
Section 54 : Authentication of documents and proceedings.
Chapter: III
PROSPECTUS AND ALLOTMENT, AND OTHER MATTERS RELATING TO ISSUE OF SHARES OR DEBENTURES
Section 55 : Dating of prospectus.
Section 55A : Powers of Securities and Exchange Board of India.
Section 56 : Matters to be stated and reports to be set out in prospectus.
Section 57 : Expert to be unconnected with formation or management of company.
Section 58 : Expert's consent to issue of prospectus containing statement by him.
Section 58A : Depositsnot to be invited without issuing an advertisement.
Section 58AA : Small depositors.
Section 58AAA : Default in acceptance or refund of deposits to be cognizable.
Section 58B : Provisions relating to prospectus to apply to advertisement.
Section 59 : Penalty and interpretation
Section 60 : Registration of prospectus.
Section 60A : Shelf prospectus.
Section 60B : Information memorandum.
Section 61 : Terms of contract mentioned in prospectus or statement in lieu of prospectus, not to be varied.
Section 62 : Civil liability for mis-statements in prospectus.
Section 63 : Criminal liability for mis-statements in prospectus
Section 64 : Document containing offer of shares or debentures for sale to be deemed prospectus.
Section 65 : Interpretation of provisions relating to prospectuses.
Section 66 : Newspaper advertisements of prospectus.
Section 67 : Construction of references to offering shares or debentures to the public, etc.
Section 68 : Penalty for fraudulently inducing persons to invest money
Section 68A : Personation for acquisition, etc., of shares.
Section 68B : Initial offer of securities to be in dematerialised form in certain cases.
Section 69 : Prohibition of allotment unless minimum subscription received.
Section 70 : Prohibition of allotment in certain cases unless statement in lieu of prospectus delivered to Registrar.
Section 71 : Effect of irregular allotment.
Section 72 : Applications for, and allotment of, shares and debentures.
Section 73 : Allotment of shares and debentures to be dealt in on stock exchange.
Section 74 : Manner of reckoning fifth, eighth and tenth days in sections 72 and 73.
Section 75 : Return as to allotments.
Section 76 : Power to pay certain commissions and prohibition of payment of all other commissions, discounts, etc.
Section 77 : Restrictions on purchase by company, or loans by company for purchase, of its own or its holding company's shares.
Section 77A : Power of company to purchase its own securities
Section 77AA : Transfer of certain sums to capital redemption reserve account.
Section 77B : Prohibition for buy-back in certain circumstances.
Section 78 : Application of premiums received on issue of securities.
Section 79 : Power to issue shares at a discount.
Section 79A : Issue of sweat equity shares
Section 80 : Power to issue redeemable preference shares.
Section 80A : Redemption of irredeemable preference shares, etc.
Section 81 : Further issue of capital.
Chapter: IV
SHARE CAPITAL AND DEBENTURES
Section 82 : Nature of shares or debentures.
Section 83 : Numbering of shares.
Section 84 : Certificate of shares.
Section 85 : Two kinds of share capital.
Section 86 : New issues of share capital to be only of two kinds.
Section 87 : Voting rights.
Section 88 : Prohibition of issue of shares with disproportionate rights.
Section 89 : Termination of disproportionately excessive voting rights in existing companies.
Section 90 : Savings.
Section 91 : Calls on shares of same class to be made on uniform basis.
Section 92 : Power of company to accept unpaid share capital, although not called-up.
Section 93 : Payment of dividend in proportion to amount paid-up.
Section 94 : Power of limited company to alter its share capital.
Section 94A : Share capital to stand increased where an order is made under section 81(4).
Section 95 : Notice to Registrar of consolidation of share capital, conversion of shares into stock, etc.
Section 96 : Effect of conversion of shares into stock.
Section 97 : Notice of increase of share capital or of members.
Section 98 : Power of unlimited company to provide for reserve share capital on re-registration.
Section 99 : Reserve liability of limited company.
Section 100 : Special resolution for reduction of share capital.
Section 101 : Application to Tribunal for confirming order, objections by creditors, and settlement of list of objecting creditors.
Section 102 : Order confirming reduction and powers of Tribunal on making such order.
Section 103 : Registration of order and minute of reduction.
Section 104 : Liability of members in respect of reduced shares.
Section 105 : Penalty for concealing name of creditor, etc.
Section 106 : Alteration of rights of holders of special classes of shares.
Section 107 : Rights of dissentient shareholders.
Section 108 : Transfer not to be registered except on production of instrument of transfer.
Section 108A : Restriction on acquisition of certain shares.
Section 108B : Restriction on transfer of shares.
Section 108C : Restriction on the transfer of shares of foreign companies.
Section 108D : Power of Central Government to direct companies not to give effect to the transfer.
Section 108E : Time within which refusal to be communicated.
Section 108F : Nothing in sections 108A to 108D to apply to Government companies, etc.
Section 108G : Applicability of the provisions of sections 108A to 108F.
Section 108H : Construction of certain expressions used in sections 108A to 108G.
Section 108I : Penalty for acquisition or transfer of share in contravention of sections 108A to 108D.
Section 109 : Transfer by legal representative.
Section 109A : Nomination of shares
Section 109B : Transmission of shares.
Section 110 : Application for transfer.
Section 111 : Power to refuse registration and appeal against refusal.
Section 111A : Rectification of register on transfer.
Section 112 : Certification of transfers.
Section 113 : Limitation of time for issue of certificate.
Section 114 : Issue and effect of share warrants to bearer.
Section 115 : Share warrants and entries in register of members.
Section 116 : Penalty for personation of shareholder.
Section 117 : Debentures with voting rights not to be issued hereafter.
Section 117A : Debenture trust deed.
Section 117B : Appointment of debenture trustees and duties of debenture trustees.
Section 117C : Liability of company to create security and debenture redemption reserve.
Section 118 : Right to obtain copies of and inspect trust deed.
Section 119 : Liability of trustees for debenture holders.
Section 120 : Perpetual debentures.
Section 121 : Power to re-issue redeemed debentures in certain cases.
Section 122 : Specific performance of contract to subscribe for debentures.
Section 123 : Payments of certain debts out of assets subject to floating charge in priority to claims under the charge.
Chapter: V
REGISTRATION OF CHARGES
Section 124 : "Charge" to include mortgage in this Part.
Section 125 : Certain charges to be void against liquidator or creditors unless registered.
Section 126 : Date of notice of charge.
Section 127 : Registration of charges on properties acquired subject to charge.
Section 128 : Particulars in case of series of debentures entitling holders pari passu.
Section 129 : Particulars in case of commission, etc., on debentures.
Section 130 : Register of charges to be kept by Registrar.
Section 131 : Index to register of charges.
Section 132 : Certificate of registration
Section 133 : Endorsement of certificate of registration on debenture or certificate of debenture stock.
Section 134 : Duty of company as regards registration and right of interested party
Section 135 : Provisions of Part to apply to modification of charges.
Section 136 : Copy of instrument creating charge to be kept by company at registered office.
Section 137 : Entry in register of charges of appointment of receiver or manager.
Section 138 : Company to report satisfaction and procedure thereafter.
Section 139 : Power of Registrar to make entries of satisfaction and release in absence of intimation from company.
Section 140 : Copy of memorandum of satisfaction to be furnished to company.
Section 141 : Rectification by Central Government of register of charges.
Section 142 : Penalties.
Section 143 : Company's register of charges.
Section 144 : Right to inspect copies of instruments creating charges and company's register of charges.
Section 145 : Application of Part to charges requiring registration under it but not under previous law.
Chapter: VI
MANAGEMENT AND ADMINISTRATION
Section 146 : Registered office of company.
Section 147 : Publication of name by company.
Section 148 : Publication of authorised as well as subscribed and paid-up capital.
Section 149 : Restrictions on commencement of business.
Section 150 : Register of members.
Section 151 : Index of members.
Section 152 : Register and index of debenture holders.
Section 152A : Register and index of beneficial owners to be of debenture holder.
Section 153 : Trusts not to be entered on register.
Section 153A : Appointment of public trustee.
Section 153B : Declaration as to shares and debentures held in trust.
Section 154 : Power to close register of members or debenture holders.
Section 155 : Power of Court to rectify register of members.
Section 156 : Notice to Registrar of rectification of register.
Section 157 : Power for company to keep foreign register of members or debenture holders.
Section 158 : Provisions as to foreign registers.
Section 159 : Annual return to be made by company having a share capital.
Section 160 : Annual return to be made by company not having a share capital.
Section 161 : Further provisions regarding annual return and certificate to be annexed thereto.
Section 162 : Penalty and interpretation.
Section 163 : Place of keeping, and inspection of registers and returns.
Section 164 : Registers, etc., to be evidence.
Section 165 : Statutory meeting and statutory report of company.
Section 166 : Annual general meeting.
Section 167 : Power of Central Government to call annual general meeting.
Section 168 : Penalty for default in complying with section 166 or 167.
Section 169 : Calling of extraordinary general meeting on requisition.
Section 170 : Sections 171 to 186 to apply to meetings.
Section 171 : Length of notice for calling meeting.
Section 172 : Contents and manner of service of notice and persons on whom it is to be served.
Section 173 : Explanatory statement to be annexed to notice
Section 174 : Quorum for meeting.
Section 175 : Chairman of meeting.
Section 176 : Proxies.
Section 177 : Voting to be by show of hands in first instance.
Section 178 : Chairman's declaration of result of voting by show of hands to be conclusive.
Section 179 : Demand for poll.
Section 180 : Time of taking poll.
Section 181 : Restriction on exercise of voting right of members who have not paid calls, etc.
Section 182 : Restrictions on exercise of voting right in other cases to be void.
Section 183 : Right of member to use his votes differently.
Section 184 : Scrutineers at poll.
Section 185 : Manner of taking poll and result thereof.
Section 186 : Power of Tribunal to order meeting to be called.
Section 187 : Representation of corporations at meetings of companies and of creditors.
Section 187A : Representation of the President and Governors in meetings of companies of which they are members.
Section 187B : Exercise of voting rights in respect of shares held in trust.
Section 187C : Declaration by persons not holding beneficial interest in any share.
Section 187D : Investigation of beneficial ownership of shares in certain cases.
Section 188 : Circulation of members' resolutions.
Section 189 : Ordinary and special resolutions.
Section 190 : Resolutions requiring special notice.
Section 191 : Resolutions passed at adjourned meetings.
Section 192 : Registration of certain resolutions and agreements.
Section 192A : Passing of resolutions by postal ballot.
Section 193 : Minutes of proceedings of general meetings and of Board and other meetings.
Section 194 : Minutes to be evidence.
Section 195 : Presumptions to be drawn where minutes duly drawn and signed.
Section 196 : Inspection of minute books of general meetings.
Section 197 : Publication of reports of proceedings of general meetings.
Section 197A : Company not to appoint or employ certain different categories of managerial personnel at the same time.
Section 198 : Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits.
Section 199 : Calculation of commission, etc., in certain cases.
Section 200 : Prohibition of tax-free payments.
Section 201 : Avoidance of provisions relieving liability of officers and auditors of company.
Section 202 : Undischarged insolvent not to manage companies.
Section 203 : Power to restrain fraudulent persons from managing companies.
Section 204 : Restriction on appointment of firm or body corporate to office or place of profit under a company.
Section 204A : Restrictions on the appointment of former managing agents or secretaries and treasurers to any office.
Section 205 : Dividend to be paid only out of profits.
Section 205A : Unpaid dividend to be transferred to special dividend account.
Section 205B : Payment of unpaid or unclaimed dividend.
Section 205C : Establishment of Investor Education and Protection Fund.
Section 206 : Dividend not to be paid except to registered shareholders or to their order or to their bankers.
Section 206A : Right to dividend, rights shares, and bonus shares to be held in abeyance pending registration of transfer of shares.
Section 207 : Penalty for failure to distribute dividends within thirty days.
Section 208 : Power of company to pay interest out of capital in certain cases.
Section 209 : Books of account to be kept by company.
Section 209A : Inspection of books of account, etc., of companies.
Section 210 : Annual accounts and balance sheet.
Section 210A : Constitution of National Advisory Committee on Accounting Standards.
Section 211 : Form and contents of balance sheet and profit and loss account.
Section 212 : Balance sheet of holding company to include certain particulars as to its subsidiaries.
Section 213 : Financial year of holding company and subsidiary.
Section 214 : Rights of holding company's representatives and members.
Section 215 : Authentication of balance sheet and profit and loss account.
Section 216 : Profit and loss account to be annexed and auditors' report to be attached to balance sheet.
Section 217 : Board's report.
Section 218 : Penalty for improper issue, circulation or publication of balance sheet or profit and loss account.
Section 219 : Right of member to copies of balance sheet and auditors' report.
Section 220 : Three copies of balance sheet, etc., to be filed with Registrar.
Section 221 : Duty of officer to make disclosure of payments, etc.
Section 222 : Construction of references to documents annexed to accounts.
Section 223 : Certain companies to publish statement in the Form in Table F in Schedule I.
Section 224 : Appointment and remuneration of auditors.
Section 224A : Auditor not to be appointed except with the approval of the company by special resolution in certain cases.
Section 225 : Provisions as to resolutions for appointing or removing auditors.
Section 226 : Qualifications and disqualifications of auditors.
Section 227 : Powers and duties of auditors.
Section 228 : Audit of accounts of branch office of company.
Section 229 : Signature of audit report, etc.
Section 230 : Reading and inspection of auditor's report.
Section 231 : Right of auditor to attend general meeting.
Section 232 : Penalty for non-compliance with sections 225 to 231.
Section 233 : Penalty for non-compliance by auditor with sections 227 and 229.
Section 233A : Power of Central Government to direct special audit in certain cases.
Section 233B : Audit of cost accounts in certain cases.
Section 234 : Power of Registrar to call for information or explanation.
Section 234A : Seizure of documents by Registrar.
Section 235 : Investigation of the affairs of a company.
Section 236 : Application by members to be supported by evidence and power to call for security.
Section 237 : Investigation of company's affairs in other cases.
Section 238 : Firm, body corporate or association not to be appointed as inspector.
Section 239 : Power of inspectors to carry investigation into affairs of related companies, etc
Section 240 : Production of documents and evidence.
Section 240A : Seizure of documents by inspector.
Section 241 : Inspectors' report.
Section 242 : Prosecution.
Section 243 : Application for winding up of company or an order under section 397 or 398.
Section 244 : Proceedings for recovery of damages or property.
Section 245 : Expenses of investigation.
Section 246 : Inspectors' report to be evidence.
Section 247 : Investigation of ownership of company.
Section 248 : Information regarding persons having an interest in company or in body corporate or firm acting as managing agent thereof.
Section 249 : Investigation of associateship with managing agent, etc.
Section 250 : Imposition of restrictions upon shares and debentures and prohi­bition of transfer of shares or debentures in certain cases.
Section 250A : Voluntary winding-up of company, etc., not to stop investigation proceedings.
Section 251 : Saving for legal advisers and bankers.
Section 252 : Minimum number of directors.
Section 253 : Only individuals to be directors.
Section 254 : Subscribers of memorandum deemed to be directors.
Section 255 : Appointment of directors and proportion of those who are to retire by rotation.
Section 256 : Ascertainment of directors retiring by rotation and filling of vacancies.
Section 257 : Right of persons other than retiring directors to stand for directorship.
Section 258 : Right of company to increase or reduce the number of directors.
Section 259 : Increase in number of directors to require Government sanction.
Section 260 : Additional directors.
Section 261 : Certain persons not to be appointed directors, except by special resolution.
Section 262 : Filling of casual vacancies among directors.
Section 263 : Appointment of directors to be voted on individually.
Section 263A : Sections 177, 255, 256 and 263 not to apply in relation to companies not carrying business for profit, etc.
Section 264 : Consent of candidate for directorship to be filed with the company and consent to act as director to be filed with the Registrar.
Section 265 : Option to company to adopt proportional representation for the appointment of directors.
Section 266 : Restrictions on appointment or advertisement of director.
Section 266A : Application for allotment of Director Identification Number.
Section 266B : Allotment of Director Identification Number.
Section 266C : Prohibition to obtain more than one Director Identification Number.
Section 266D : Obligation of director to intimate Director Identification Number to concerned company or companies.
Section 266E : Obligation of company to inform Director Identification Number to Registrar.
Section 266F : Obligation to indicate Director Identification Number.
Section 266G : Penalty for contravention of provisions of section 266A or section 266C or section 266D or section 266E.
Section 267 : Certain persons not to be appointed managing directors.
Section 268 : Amendment of provision relating to managing, whole-time or non-rotational directors to require Government approval.
Section 269 : Appointment of managing or whole-time director or manager to require Government approval only in certain cases.
Section 270 : Time within which share qualification is to be obtained and maximum amount thereof.
Section 271 : Filing of declaration of share qualification by director.
Section 272 : Penalty.
Section 273 : Saving.
Section 274 : Disqualifications of directors.
Section 275 : No person to be a director of more than [fifteen companies].
Section 276 : Choice to be made by director of more than [fifteen] companies at commencement of Act.
Section 277 : Choice by person becoming director of more than [fifteen] companies after commencement of Act.
Section 278 : Exclusion of certain directorships for the purposes of sections 275, 276 and 277.
Section 279 : Penalty.
Section 280 : Age limit.
Section 281 : Age limit not to apply if company so resolves.
Section 282 : Duty of director to disclose age.
Section 283 : Vacation of office by directors.
Section 284 : Removal of directors.
Section 285 : Board to meet at least once in every three calendar months.
Section 286 : Notice of meetings.
Section 287 : Quorum for meetings.
Section 288 : Procedure where meeting adjourned for want of quorum.
Section 289 : Passing of resolutions by circulation.
Section 290 : Validity of acts of directors.
Section 291 : General powers of Board.
Section 292 : Certain powers to be exercised by Board only at meeting.
Section 292A : Audit Committee.
Section 293 : Restrictions on powers of Board.
Section 293A : Prohibitions and restrictions regarding political contributions.
Section 293B : Power of Board and other persons to make contributions to the National Defence Fund, etc.
Section 294 : Appointment of sole selling agents to require approval of company in general meeting.
Section 294A : Prohibition of payment of compensation to sole selling agents for loss of office in certain cases.
Section 294AA : Power of Central Government to prohibit the appointment of sole selling agents in certain cases.
Section 295 : Loans to directors, etc.
Section 296 : Application of section 295 to book debts in certain cases.
Section 297 : Board's sanction to be required for certain contracts in which particular directors are interested.
Section 298 : Power of directors to carry on business when managing agent or secretaries and treasurers are deemed to have vacated office, etc.
Section 299 : Disclosure of interest by director.
Section 300 : Interested director not to participate or vote in Board's proceedings.
Section 301 : Register of contracts, companies and firms in which directors are interested.
Section 302 : Disclosure to members of directors interest in contract appointing manager, managing director, managing agent or secretaries and treasurers.
Section 303 : Register of directors etc.
Section 304 : Inspection of the register.
Section 305 : Duty of directors, etc. to make disclosure.
Section 306 : Register to be kept by Registrar and inspection thereof.
Section 307 : Register of directors' shareholdings, etc.
Section 308 : Duty of directors and persons deemed to be directors to make disclo­sure of shareholdings.
Section 309 : Remuneration of directors.
Section 310 : Provision for increase in remuneration to require Government sanction.
Section 311 : Increase in remuneration of managing director on re-appointment or appointment after Act to require Government sanction.
Section 312 : Prohibition of assignment of office by director.
Section 313 : Appointment and term of office of alternate directors.
Section 314 : Director, etc., not to hold office or place of profit.
Section 315 : Application of sections 316 and 317.
Section 316 : Number of companies of which one person may be appointed managing director.
Section 317 : Managing director not to be appointed for more than five years at a time.
Section 318 : Compensation for loss of office not permissible except to managing or whole-time directors or to directors who are managers.
Section 319 : Payment to director, etc., for loss of office, etc., in connection with transfer of undertaking or property.
Section 320 : Payment to director for loss of office, etc., in connection with transfer of shares.
Section 321 : Provisions supplementary to sections 318, 319 and 320.
Section 322 : Directors, etc., with unlimited liability in limited company.
Section 323 : Special resolution of limited company making liability of directors, etc., unlimited.
Section 324 to 348 : Prohibition of appointment of managing agent in certain cases
Section 349 : Determination of net profits.
Section 350 : Ascertainment of depreciation.
Section 351 to 354. : Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000,
Section 355 : Saving.
Section 356 to 369. : Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000.
Section 370. : Loans, etc., to companies under the same management.
Section 370A : Provisions as to certain loans which could not have been made if sections 369 and 370 were in force.
Section 371 : Penalty for contravention of section 369, 370 or 370A.
Section 372 : Purchase by company of shares, etc., of other companies.
Section 372A : Inter-corporate loans and investments.
Section 373 : Investments made before commencement of Act.
Section 374. : Penalty for contravention of section 372 or 373.
Section 375 : Managing agent not to engage in business competing with business of managed company.
Section 376. : Conditions prohibiting reconstruction or amalgamation of company.
Section 377 : Restrictions on right of managing agent to appoint directors.
Section 378 to 383 : Sections 378 to 383. Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000.
Section 383A. : Certain companies to have secretaries.
Section 384 : Firm or body corporate not to be appointed manager.
Section 385. : Certain persons not to be appointed managers.
Section 386 : Number of companies of which a person may be appointed manager.
Section 387. : Remuneration of manager.
Section 388 : Application of sections [269, 310], 311, 312 and 317 to managers.
Section 388A : Sections 386 to 388 not to apply to certain private companies.
Section 388B : Reference to [Tribunal] of cases against managerial personnel.
Section 388C : Interim order by [Tribunal].
Section 388D : Decision of the Tribunal.
Section 388E : Power of Central Government to remove managerial personnel on the basis of Tribunal's decision.
Section 389 : Power for companies to refer matters to arbitration.
Section 390 : Interpretation of sections 391 and 393.
Section 391 : Power to compromise or make arrangements with creditors and members.
Section 392 : Power of Tribunal to enforce compromise and arrangement.
Section 393 : Information as to compromises or arrangements with creditors and members.
Section 394 : Provisions for facilitating reconstruction and amalgamation of companies.
Section 394A : Notice to be given to Central Government for applications under sections 391 and 394.
Section 395 : Power and duty to acquire shares of shareholders dissenting from scheme or contract approved by majority.
Section 396 : Power of Central Government to provide for amalgamation of companies in national interest.
Section 396A : Preservation of books and papers of amalgamated company.
Section 397 : Application to Tribunal for relief in cases of oppression.
Section 398 : Application to Tribunal for relief in cases of mismanagement.
Section 399 : Right to apply under sections 397 and 398.
Section 400 : Notice to be given to Central Government of applications under sections 397 and 398.
Section 401 : Right of Central Government to apply under sections 397 and 398.
Section 402 : Powers of Tribunal on application under section 397 or 398.
Section 403 : Interim order by Tribunal.
Section 404 : Effect of alteration of memorandum or articles of company by order under section 397 or 398.
Section 405 : Addition of respondents to application under section 397 or 398.
Section 406 : Application of sections 539 to 544 to proceedings under sections 397 and 398.
Section 407 : Consequences of termination or modification of certain agreements.
Section 408 : Powers of Government to prevent oppression or mismanagement.
Section 409 : Power of Tribunal to prevent change in Board of directors likely to affect company prejudicially.
Section 410 : Appointment of Advisory Committee.
Section 411 to 415 : Omitted by the Companies (Amendment) Act, 1965, Act 31 of 1965, w.e.f. 15-10-1965.
Section 416 : Contracts by agents of company in which company is undisclosed principal.
Section 417 : Employees' securities to be deposited in post office savings bank or Scheduled Bank.
Section 418 : Provisions applicable to provident funds of employees.
Section 419 : Right of employee to see bank's receipt for moneys or securities referred to in section 417 or 418.
Section 420 : Penalty for contravention of sections 417, 418 and 419.
Section 421 : Filing of accounts of receivers.
Section 422 : Invoices, etc., to refer to receiver where there is one.
Section 423 : Penalty for non-compliance with sections 421 and 422.
Section 424 : Application of sections 421 to 423 to receivers and managers appointed by Tribunal and managers appointed in pursuance of an instrument.
Chapter: VIA
REVIVAL AND REHABILITATION OF SICK INDUSTRIAL COMPANIES
Section 424A : Reference to Tribunal.
Section 424B : Inquiry into working of sick industrial companies.
Section 424C : Powers of Tribunal to make suitable order on completion of inquiry.
Section 424D : Preparation and sanction of schemes.
Section 424E : Rehabilitation by giving financial assistance.
Section 424F : Arrangement for continuing operations, etc., during inquiry.
Section 424G : Winding up of sick industrial company.
Section 424H : Operating agency to prepare complete inventory, etc.
Section 424I : Direction not to dispose of assets.
Section 424J : Power of Tribunal to call for periodic information.
Section 424K : Misfeasance proceedings.
Section 424L : Penalty for certain offences.
Chapter: VII
WINDING UP
Section 425 : Modes of winding up.
Section 426 : Liability as contributories of present and past members.
Section 427 : Obligations of directors and managers whose liability is unlimited.
Section 428 : Definition of "contributory".
Section 429 : Nature of liability of contributory.
Section 430 : Contributories in case of death of member.
Section 431 : Contributories in case of insolvency of member.
Section 432 : Contributories in case of winding up of a body corporate which is a member.
Section 433 : Circumstances in which company may be wound up by Tribunal.
Section 434 : Company when deemed unable to pay its debts.
Section 435 : Transfer of winding up proceedings to District Court.
Section 436 : Withdrawal and transfer of winding up from one District Court to another.
Section 437 : Power of High Court to retain winding up proceedings in District Court.
Section 438 : Jurisdiction of High Court under sections 435, 436 and 437 to be exercised at any time and at any stage.
Section 439 : Provisions as to applications for winding up.
Section 439A : Statement of affairs to be filed on winding up of a company.
Section 440 : Right to present winding up petition where company is being wound up voluntarily.
Section 441 : Commencement of winding up by Tribunal.
Section 441A : Levy and collection of cess on turnover or gross receipts of companies.
Section 441B : Crediting proceeds of cess to Consolidated Fund of India.
Section 441C : Rehabilitation Fund.
Section 441D : Application of Fund.
Section 441E : Power to call for information.
Section 441F : Penalty for non-payment of cess.
Section 441G : Refund of fund in certain cases.
Section 442 : Power of Court to stay or restrain proceedings against company.
Section 443 : Power of Tribunal on hearing petition.
Section 444 : Order for winding up to be communicated to Official Liquidator and Registrar.
Section 445 : Copy of winding up order to be filed with Registrar.
Section 446 : Suits stayed on winding up order.
Section 446A : Responsibility of directors and officers to submit to Tribunal audited books of account.
Section 447 : Effect of winding up order.
Section 448 : Appointment of Official Liquidator.
Section 449 : Official Liquidator to be liquidator.
Section 450 : Appointment and powers of provisional liquidator.
Section 451 : General provisions as to liquidators.
Section 452 : Style, etc., of liquidator.
Section 453 : Receiver not to be appointed of assets with liquidator.
Section 454 : Statement of affairs to be made to Official Liquidator.
Section 455 : Report by Official Liquidator.
Section 456 : Custody of company's property.
Section 457 : Powers of liquidator.
Section 458 : Discretion of liquidator.
Section 458A : Exclusion of certain time in computing periods of limitation.
Section 459 : Provision for legal assistance to liquidator.
Section 460 : Exercise and control of liquidator's powers.
Section 461 : Books to be kept by liquidator.
Section 462 : Audit of liquidator's accounts.
Section 463 : Control of Central Government over liquidators.
Section 464 : Appointment and composition of committee of inspection.
Section 465 : Constitution and proceedings of committee of inspection.
Section 466 : Power of Tribunal to stay winding up.
Section 467 : Settlement of list of contributories and application of assets.
Section 468 : Delivery of property to liquidator.
Section 469 : Payment of debts due by contributory and extent of set-off.
Section 470 : Power of Tribunal to make calls.
Section 471 : Payment into bank of moneys due to company.
Section 472 : Moneys and securities paid into bank to be subject to order of Tribunal.
Section 473 : Order on contributory to be conclusive evidence.
Section 474 : Power to exclude creditors not proving in time.
Section 475 : Adjustment of rights of contributories.
Section 476 : Power to order costs.
Section 477 : Power to summon persons suspected of having property of company, etc.
Section 478 : Power to order public examination of promoters, directors, etc.
Section 479 : Power to arrest absconding contributory.
Section 480 : Saving of existing powers of Tribunal.
Section 481 : Dissolution of company.
Section 482 : Order made in any Court to be enforced by other Courts.
Section 483 : Appeals from orders.
Section 484 : Circumstances in which company may be wound-up voluntarily.
Section 485 : Publication of resolution to wind-up voluntarily.
Section 486 : Commencement of voluntary winding up.
Section 487 : Effect of voluntary winding up on status of company.
Section 488 : Declaration of solvency in case of proposal to wind-up voluntarily.
Section 489 : Provisions applicable to a members' voluntary winding up.
Section 490 : Power of company to appoint and fix remuneration of liquidators.
Section 491 : Board's powers to cease on appointment of a liquidator.
Section 492 : Power to fill vacancy in office of liquidator.
Section 493 : Notice of appointment of liquidator to be given to Registrar.
Section 494 : Power of liquidator to accept shares, etc., as consideration for sale of property of company.
Section 495 : Duty of liquidator to call creditors' meeting in case of insolvency.
Section 496 : Duty of liquidator to call general meeting at the end of each year.
Section 497 : Final meeting and dissolution.
Section 498 : Alternative provisions as to annual and final meetings in case of insolvency.
Section 499 : Provisions applicable to a creditor's voluntary winding up.
Section 500 : Meeting of creditors.
Section 501 : Notice of resolutions passed by creditors' meeting to be given to Registrar.
Section 502 : Appointment of liquidator.
Section 503 : Appointment of committee of inspection.
Section 504 : Fixing of liquidators' remuneration.
Section 505 : Board's powers to cease on appointment of liquidator.
Section 506 : Power to fill vacancy in office of liquidator.
Section 507 : Application of section 494 to a creditors voluntary winding up.
Section 508 : Duty of liquidator to call meetings of company and of creditors at end of each year.
Section 509 : Final meeting and dissolution.
Section 510 : Provisions applicable to every voluntary winding up.
Section 511 : Distribution of property of company.
Section 511A : Application of section 454 to voluntary winding up.
Section 512 : Powers and duties of liquidator in voluntary winding up.
Section 513 : Body corporate not to be appointed as liquidator.
Section 514 : Corrupt inducement affecting appointment as liquidator.
Section 515 : Power of Tribunal to appoint and remove liquidator in voluntary winding up.
Section 516 : Notice by liquidator of his appointment.
Section 517 : Arrangement when binding on company and creditors.
Section 518 : Power to apply to Tribunal to have questions determined or powers exercised.
Section 519 : Application of liquidator to Tribunal for public examination of promoters, directors, etc.
Section 520 : Costs of voluntary winding up.
Section 521 : Saving of right of creditors and contributories to apply for winding up.
Section 522 : Power to order winding up subject to supervision.
Section 523 : Effect of petition for winding up subject to supervision.
Section 524 : Power of Court to appoint or remove liquidators.
Section 525 : Powers and obligations of liquidator appointed by court.
Section 526 : Effect of supervision order.
Section 527 : Appointment in certain cases of voluntary liquidators to office of liquidators.
Section 528 : Debts of all descriptions to be admitted to proof.
Section 529 : Application of insolvency rules in winding up of insolvent companies.
Section 529A : Overriding preferential payments.
Section 530 : Preferential payments.
Section 531 : Fraudulent preference.
Section 531A : Avoidance of voluntary transfer.
Section 532 : Transfers for benefit of all creditors to be void.
Section 533 : Liabilities and rights of certain fraudulently preferred persons.
Section 534 : Effect of floating charge.
Section 535 : Disclaimer of onerous property in case of a company which is being wound-up.
Section 536 : Avoidance of transfers, etc., after commencement of winding up.
Section 537 : Avoidance of certain attachments, executions, etc., in winding up by Tribunal.
Section 538 : Offences by officers of companies in liquidation.
Section 539 : Penalty for falsification of books.
Section 540 : Penalty for frauds by officers.
Section 541 : Liability where proper accounts not kept.
Section 542 : Liability for fraudulent conduct of business.
Section 543 : Power of Tribunal to assess damages against delinquent directors, etc.
Section 544 : Liability under sections 542 and 543 to extend to partners or directors in firm or company.
Section 545 : Prosecution of delinquent officers and members of the company.
Section 546 : Liquidator to exercise certain powers subject to sanction.
Section 547 : Notification that a company is in liquidation.
Section 548 : Books and papers of company to be evidence.
Section 549 : Inspection of books and papers by creditors and contributories.
Section 550 : Disposal of books and papers of company.
Section 551 : Information as to pending liquidations.
Section 552 : Official Liquidator to make payments into the public account of India.
Section 553 : Voluntary liquidator to make payments into Scheduled Bank.
Section 553 : Voluntary liquidator to make payments into Scheduled Bank.
Section 554 : Liquidator not to pay moneys into private banking account.
Section 555 : Unpaid dividends and undistributed assets to be paid into the Companies Liquidation Account.
Section 556 : Enforcement of duty of liquidator to make returns, etc.
Section 557 : Meetings to ascertain wishes of creditors or contributories.
Section 558 : Tribunal or person before whom affidavit may be sworn.
Section 559 : Power of Tribunal to declare dissolution of company void.
Section 560 : Power of Registrar to strike defunct company off register.
Chapter: VIII
APPLICATION OF ACT TO COMPANIES FORMED OR REGISTERED UNDER PREVIOUS COMPANIES LAWS
Section 561 : Application of Act to companies formed and registered under previous companies laws.
Section 562 : Application of Act to companies registered but not formed under previous companies laws.
Section 563 : Application of Act to unlimited companies registered under previous companies laws.
Section 564 : Mode of transferring shares in the case of companies registered under Acts 19 of 1857 and 7 of 1860.
Chapter: IX
COMPANIES AUTHORISED TO REGISTER UNDER THIS ACT
Section 565 : Companies capable of being registered.
Section 566 : Definition of "joint-stock company".
Section 567 : Requirements for registration of joint-stock companies.
Section 568 : Requirements for registration of companies not being joint-stock companies.
Section 569 : Authentication of statements of existing companies.
Section 570 : Power of Registrar to require evidence as to nature of company.
Section 571 : Notice to customers on registration of banking company with limited liability.
Section 572 : Change of name for purposes of registration.
Section 573 : Addition of "Limited" or "Private Limited" to name.
Section 574 : Certificate of registration of existing companies.
Section 575 : Vesting of property on registration.
Section 576 : Saving for existing liabilities.
Section 577 : Continuation of pending legal proceedings.
Section 578 : Effect of registration under Part.
Section 579 : Power to substitute memorandum and articles for deed of settlement.
Section 580 : Power of Court to stay or restrain proceedings.
Section 581 : Suits stayed on winding up order.
Chapter: IXA
CHAPTER I PRODUCER COMPANIES
Section 581A : Definitions.
Section 581B : Objects of Producer Company.
Section 581C : Formation of Producer Company and its registration.
Section 581D : Membership and voting rights of Members of Producer Company.
Section 581E : Benefits to Members.
Section 581F : Memorandum of Producer Company.
Section 581G : Articles of association.
Section 581H : Amendment of memorandum.
Section 581I : Amendment of articles.
Section 581J : Option to inter-State co-operative societies to become Producer Companies.
Section 581K : Effect of incorporation of Producer Company.
Section 581L : Vesting of undertaking in Producer Company.
Section 581M : Concession, etc., to be deemed to have been granted to Producer Company.
Section 581N : Provisions in respect of officers and other employees of inter-State co-operative society.
Section 581O : Number of directors.
Section 581P : Appointment of directors.
Section 581Q : Vacation of office by directors.
Section 581R : Powers and functions of Board.
Section 581S : Matters to be transacted at general meeting.
Section 581T : Liability of directors.
Section 581U : Committee of directors.
Section 581V : Meetings of Board and quorum.
Section 581W : Chief Executive and his functions.
Section 581X : Secretary of Producer Company.
Section 581Y : Quorum.
Section 581Z : Voting rights.
Section 581ZA : Annual general meetings.
Section 581ZB : Share capital.
Section 581ZC : Special user rights.
Section 581ZD : Transferability of shares and attendant rights.
Section 581ZE : Books of account.
Section 581ZF : Internal audit.
Section 581ZG : Duties of auditor under this Part.
Section 581ZH : Donations or subscription by Producer Company.
Section 581ZI : General and other reserves.
Section 581ZJ : Issue of bonus shares.
Section 581ZK : Loan, etc., to Members.
Section 581ZL : Investment in other companies, formation of subsidiaries, etc.
Section 581ZM : Penalty for contravention.
Section 581ZN : Amalgamation, merger or division, etc., to form new Producer Companies.
Section 581ZO : Disputes.
Section 581ZP : Strike off name of Producer Company.
Section 581ZQ : Provisions of this Part to override other laws.
Section 581ZR : Application of provisions relating to private companies.
Section 581ZS : Reconversion of Producer Company to inter-State co-operative society.
Section 581ZT : Power to modify Act in its application to Producer Companies.
Chapter: X
WINDING UP OF UNREGISTERED COMPANIES
Section 582 : Meaning of "unregistered company".
Section 583 : Winding up of unregistered companies.
Section 584 : Power to wind-up foreign companies, although dissolved.
Section 585 : Contributories in winding up of unregistered company.
Section 586 : Power to stay or restrain proceedings.
Section 587 : Suits, etc., stayed on winding up order.
Section 588 : Directions as to property in certain cases.
Section 589 : Provisions of Part cumulative.
Section 590 : Saving and construction of enactments conferring power to wind-up partnership, association or company in certain cases.
Chapter: XI
COMPANIES INCORPORATED OUTSIDE INDIA
Section 591 : Application of sections 592 to 602 to foreign companies.
Section 592 : Documents, etc., to be delivered to Registrar by foreign companies carrying on business in India.
Section 593 : Return to be delivered to Registrar by foreign company where documents, etc., altered.
Section 594 : Accounts of foreign company.
Section 595 : Obligation to state name of foreign company, whether limited, and country where incorporated.
Section 596 : Service on foreign company.
Section 597 : Office where documents to be delivered.
Section 598 : Penalties.
Section 599 : Company's failure to comply with Part not to affect its liability under contracts, etc.
Section 600 : Registration of charges, appointment of receiver and books of account.
Section 601 : Fees for registration of documents under Part.
Section 602 : Interpretation of foregoing sections of Part.
Section 603 : Dating of prospectus and particulars to be contained therein.
Section 604 : Provisions as to expert's consent and allotment.
Section 605 : Registration of prospectus.
Section 605A : Offer of Indian Depository Receipts.
Section 606 : Penalty for contravention of sections 603, 604 and 605.
Section 607 : Civil liability for mis-statements in prospectus.
Section 608 : Interpretation of provisions as to prospectuses.
Chapter: XII
REGISTRATION OFFICES AND OFFICERS AND FEES
Section 609 : Registration offices.
Section 610 : Inspection, production and evidence of documents kept by Registrar.
Section 610A : Admissibility of micro films, facsimile copies of documents, computer printouts and documents on computer media as documents and as evidence.
Section 610B : Provisions relating to filing of applications, documents inspection, etc., through electronic form.
Section 610C : Power to modify Act in relation to electronic records (including the manner and form in which electronic records shall be filed).
Section 610D : Providing of value added services through electronic form.
Section 610E : Application of provisions of Act 21 of 2000.
Section 611 : Fees in Schedule X to be paid.
Section 612 : Fees, etc., paid to Registrar and other officers to be accounted for to Central Government.
Section 613 : Power of Central Government to reduce fees, charges, etc.
Section 614 : Enforcement of duty of company to make returns, etc., to Registrar.
Section 614A : Power of Court trying offences under the Act to direct the filing of documents with Registrar.
Chapter: XIII
GENERAL
Section 615 : Power of Central Government to direct companies to furnish information or statistics.
Section 616 : Application of Act to insurance, banking, electricity supply and other companies governed by special Acts.
Section 617 : Definition of "Government Company".
Section 618 : Government companies not to have managing agents.
Section 619 : Application of sections 224 to 233 to Government companies.
Section 619A : Annual reports on Government companies.
Section 619B : Provisions of section 619 to apply to certain companies.
Section 620 : Power to modify Act in relation to Government companies.
Section 620A : Power to modify Act in its application to Nidhis, etc.
Section 620B : Special provisions as to companies in Goa, Daman and Diu.
Section 620C : Special provisions as to companies in Jammu and Kashmir.
Section 621 : Offences against Act to be cognizable only on complaint by Registrar, shareholder or Government.
Section 621A : Composition of certain offences.
Section 622 : Jurisdiction to try offences.
Section 623 : Certain offences triable summarily in Presidency towns.
Section 624 : Offences to be non-cognizable.
Section 624A : Power of Central Government to appoint company prosecutors.
Section 624B : Appeal against acquittal.
Section 625 : Payment of compensation in cases of frivolous or vexatious prosecution.
Section 626 : Application of fines.
Section 627 : Production and inspection of books where offence suspected.
Section 628 : Penalty for false statements.
Section 629 : Penalty for false evidence.
Section 629A : Penalty where no specific penalty is provided elsewhere in the Act.
Section 630 : Penalty for wrongful withholding of property.
Section 631 : Penalty for improper use of words "Limited" and "Private Limited".
Section 632 : Power to require limited company to give security for costs.
Section 633 : Power of Court to grant relief in certain cases.
Section 634 : Enforcement of orders of Courts.
Section 634A : Enforcement of orders of Company Law Board.
Section 635 : Enforcement of orders of one Court by other Courts.
Section 635A : Protection of acts done in good faith.
Section 635AA : Non-disclosure of information in certain cases.
Section 635B : Protection of employees during investigation by inspector or pendency or proceeding before Appellate Tribunal in certain cases.
Section 636 : Reduction of fees, charges, etc., payable to company.
Section 637 : Delegation by Central Government of its powers and functions under Act.
Section 637A : Power of Central Government or Tribunal to accord approval, etc., subject to conditions and to prescribe fees on applications.
Section 637AA : Power of Central Government to fix a limit with regard to remuneration.
Section 637B : Condonation of delays in certain cases.
Section 638 : Annual report by Central Government.
Section 639 : Annual reports on Government companies to be placed before Parliament, etc.
Section 640 : Validation of registration of firms as members of charitable and other companies.
Section 640A : Exclusion of time required in obtaining copies of order of Court or Tribunal.
Section 640B : Forms of, and procedure in relation to, certain applications.
Section 641 : Power to alter Schedules.
Section 642 : Power of Central Government to make rules.
Section 643 : Power of Central Government to make rules relating to winding up.
Section 644 : Repeal of Acts specified in Schedule XII.
Section 645 : Saving of orders, rules, etc., in force at commencement of Act.
Section 646 : Saving of operation of section 138 of Act 7 of 1913.
Section 647 : Saving of pending proceedings for winding up.
Section 647A : Transfer of winding up proceedings to Tribunal.
Section 648 : Saving of prosecutions instituted by liquidator or Court under section 237 of Act 7 of 1913.
Section 649 : Construction of references to former enactments in documents.
Section 650 : Construction of "registrar of joint stock companies" in Act 21 of 1860.
Section 651 : Construction of references to extraordinary resolution in articles, etc.
Section 651A : Reference of winding up of companies in any law.
Section 652 : Appointment under previous companies laws to have effect as if made under Act.
Section 653 : Former registration offices continued.
Section 654 : Registers under previous companies laws to be deemed to be part of registers under Act.
Section 655 : Funds and accounts under Act to be in continuation of funds and accounts under previous companies laws.
Section 656 : Saving of incorporation under repealed Acts.
Section 657 : Saving of certain Tables under previous companies laws.
Section 658 : Section 6 of the General Clauses Act, 1897 (10 of 1897) to apply in addition to sections 645 to 657 of Act.
Chapter: SCHEDULES
SCHEDULES
SCHEDULE I : REGULATIONS FOR MANAGEMENT OF A COMPANY LIMITED BY SHARES
SCHEDULE IA : List of Relatives
SCHEDULE II : Matters to be specified in prospectus and reports to be set out therein
SCHEDULE III : Form of Statement and particulars to be contained therein
SCHEDULE IV : Form of Statement in lieu of prospectus to be delivered to Registrar by a private company on becoming a public company and reports to be set out therein
SCHEDULE IX : Form of Proxy
SCHEDULE V : Contents and Form of Annual Return of a Company having a share capital
SCHEDULE VI : Form of Balance-sheet The balance sheet of a company shall be either in horizontal form or vertical form
SCHEDULE VII & VIII : Relating to managing agents, secretaries and treasurers are not reproduced here as they have become redundant after the abolition of the system by Act 17 of 1969 w.e.f. 3-4-1970
SCHEDULE X : Table of fees to be paid to the Registrar
SCHEDULE XI : Form in which sections 539 to 544 of Act are to apply to cases where an application is made under section 397 or 398
SCHEDULE XII : Enactments repealed
SCHEDULE XIII : Conditions to be fulfilled for the appointment of a managing or whole-time director or a manager without the approval of the Central Government
SCHEDULE XIV : Rates of depreciation
Schedule XV : See section 108B(2)(b)
 
 
 
 
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