Select a section of Act 1956 Section 1 Short title, commencement & extent
Section 2 Definitions
Section 3 Definitions of "company", "existing company", "private company" and "public company"
Section 4 Meaning of "holding company" and "subsidiary"
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
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
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
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
Section 11. Prohibition of associations and partnerships exceeding certain number
Section 12. Mode of forming incorporated company
Section 13 Requirements with respect to memorandums
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
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 Deposits not to be invited without issuing an advertisement
Section 58AA Small depositors
Section 58AAA Default in acceptance or refund of deposits to be congnizable
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 fradulently inducing persons to invest money
Section 68A Personation for acquisition, etc., of shares
Section 240A Seizure of documents by inspector.
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 redmeption reserve account
Section 77B Prohibition for buy-back in certain circumstances.
Section 78 Application of premiums received on issue of securities.
Section 79 Powers 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 irredemable preference shares, etc.
Section 81 Further issue of Capital.
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 court 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 he 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 certificates.
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
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.
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.
Section 153 Trusts not to he 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 Register 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 506 Power to fill vacancy in office of liquidator.
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 secretarial 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 241 Inspector's 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 govt. 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 thereto.
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 294 Appointment of sole selling agents to require approval of company in general meeting.
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 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 interests 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 director's interest in contract appointing manager, managing director.
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 he 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 reappointment or appointment after Act to require government suggestion.
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 section 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 Power of Central Government to notify that companies engaged in specified classes of industry or business shall not have managing agents.
Section 324A Abolition of managing agencies and secretaries and treasurers.
Section 325 Managing agency company not to have managing agent.
Section 325A - Subsidiary of a body corporate not to be appointed as managing agent.
Section 326 Central Government to approve of appointment, etc., of managing agent; and circumstances in which approval may be accorded.
Section 327 Application of sections 328 to 331.
Section 328 Term of office of managing agent.
Section 329 Variation of managing agency agreement.
Section 330 Term of office of existing managing agents to terminate on 15th August, 1960.
Section 331 Application of Act to existing managing agents.
Section 332 No person to be managing agent of more than ten companies after 15th August, 1960.
Section 333 Right of managing agent to charge on company’s assets.
Section 334 Vacation of office on insolvency, dissolution or winding up, etc.
Section 335 Suspension from office where receiver appointed.
Section 336 Vacation of office on conviction in certain cases.
Section 337 Removal for fraud or breach of trust.
Section 338 Removal for gross negligence or mismanagement.
Section 339 Power to call meetings for the purposes of sections 337 and 338 and procedure.
Section 340 Time when certain disqualifications will take effect.
Section 341 Conviction not to operate as disqualification if convicted partner, director, etc., is expelled.
Section 342 Resignation of office by managing agent.
Section 343 Transfer of office by managing agent.
Section 344 Managing agency not to be heritable after commencement of Act.
Section 345 Succession to managing agency by inheritance or device under agreement before Commencement of Act, to be subject to Central Government's approval.
Section 346 Changes in constitution of managing agency, firm or corporation to be approved by Central Government.
Section 347 Application of Schedule VIII to certain managing agents.
Section 348 Remuneration of managing agent ordinarily not to exceed 10 per cent of net profits.
Section 349 Determination of net profits.
Section 350 Ascertainment of depreciation.
Section 351 Special provision where there is a profit-sharing arrangement between two or more companies
Section 352 Payment of additional remuneration.
Section 353 Time of payment of remuneration.
Section 354 Managing agent not entitled to office allowance but entitled to be reimbursed in respect of expenses.
Section 355 Saving
Section 356 Appointment of managing agent or associate as selling agent of goods produced by the company.
Section 357 Application of section 356 to case where business of company consists of the supply or rendering of any services.
Section 358 Appointment of managing agent or associate as buying agent for company.
Section 359 Commission, etc., of managing agent as buying or selling agent of other concerns.
Section 360 Contracts between managing agent or associate and company for the sale or purchase of goods or the supply of services, etc.
Section 361 Existing contracts relating to matters dealt with in sections 356 to 360 to terminate on 1st March, 1958.
Section 362 Registers to be open to inspection.
Section 363 Remuneration received in contravention of foregoing sections to be held in trust for company.
Section 364 Company not to be bound by assignment of, or charge on, managing agent’s remuneration.
Section 365 Prohibition of payment of compensation for loss of office in certain cases.
Section 366 Limit of compensation for loss of office.
Section 367 Managing agent’s rights and liabilities after termination of office.
Section 368 Managing agent to be subject to control of Board and to restrictions in Schedule VII.
Section 369 Loans to managing agent.
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 Appointment of secretaries and treasurers.
Section 379 Provisions applicable to managing agents to apply to secretaries and treasurers With the exceptions and modifications specified in sections 380 to 383
Section 380 Sections 324, 330 and 332 not to apply.
Section 381 Section 348 to apply subject to a modification.
Section 382 Secretaries and treasurers not to appoint directors.
Section 383 Secretaries and treasurers not to sell goods or articles produced by company, etc., unless authorised by board.
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 243 Application for winding up of company or an order under section 397 or 398.
Section 4A- Public Financial Institutions
Section 2A Interpretation of certain words and expressions
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 Company Law Board 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 Company Law Board'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 arrangements.
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 sections 397 or 398.
Section 403 Interim order by Company Law Board.
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 Duties of Advisory Commission.
Section 412 Forms and procedure in cases referred to Advisory Commission.
Section 413 Powers of Advisory Commission.
Section 414 Penalties.
Section 415 Immunity for action taken in good faith.
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 Court and managers appointed in pursuance of an instrument.
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 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.
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 court.
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 Powers of Court 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 and accounts.
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 Court.
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 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 court 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.
Secton 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 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 0fficial Liquidator to make payments into the public account of India.
Section 553 Voluntary liquidator to make payments into Scheduled Bank.
Section 554 Liquidator not to pay moneys into private banking 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 court to declare dissolution of company void.
Section 560 Power of Registrar to strike defunct company off register.
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.
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.
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 581-I- 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.
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 581-O Number of directors.
Section 581P- Appointment of directors.
Section 581Q- Vacation of office by directors.
Section 581R- Power 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-Votings 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 Companies to inter-state co-operative society.
Section 581ZT- Power to modify Act in its application to Producer 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.
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 misstatements in prospectus.
Section 608 Interpretation of provisions as to prospectuses.
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.
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 of 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 Powers 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 other laws.
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 law.
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 to apply in addition to sections 645 to 657 of Act.
