Act 2013
Act 1956
Select a section of Act 2013 Section 1- Short title, extent, commencement and application
Section 2- Definitions
Section 3- Formation of Company
Section 4- Memorandum
Section 5- Articles
Section 6- Act to over-ride memorandum, articles, etc.
Section 7- Incorporation of company
Section 8- Formation of companies with charitable objects, etc.
Section 9- Effect of registration
Section 10- Effect of memorandum and articles
Section 11- Commencement of business, etc. (omitted w.e.f. 29.05.2015)
Section 12- Registered office of company
Section 13- Alteration of memorandum
Section 14- Alteration of articles
Section 15- Alteration of memorandum and articles to be noted in every copy
Section 16- Rectification of name of company
Section 17- Copies of memorandum, articles, etc., to be given to members
Section 18- Conversion of companies already registered
Section 19- Subsidiary company not to hold shares in its holding company
Section 20- Service of documents
Section 21- Authentication of documents, proceedings and contracts
Section 22- Execution of bills of exchange, etc.
Section 23- Public offer and private placement.
Section 24- Power of Securities and Exchange Board to regulate issue and transfer of securities, etc.
Section 25- Document containing offer of securities for sale to be deemed prospectus.
Section 26- Matters to be stated in prospectus.
Section 27- Variation in terms of contract or objects in prospectus.
Section 28- Offer of sale of shares by certain members of a company.
Section 29- Public offer of securities to be in dematerialised form.
Section 30- Advertisement of prospectus.
Section 31- Shelf prospectus.
Section 32- Red herring prospectus.
Section 33- Issue of application forms for securities.
Section 34- Criminal liability for mis-statements in prospectus.
Section 35- Civil liability for mis-statements in prospectus.
Section 36- Punishment for fraudulently inducing persons to invest money.
Section 37- Action by affected persons.
Section 38- Punishment for personation for acquisition, etc., of securities.
Section 39- Allotment of securities by company.
Section 40- Securities to be dealt with in stock exchanges.
Section 41- Global Depository Receipt.
Section 42- Offer or invitation for subscription of securities on private placement.
Section 43- Kinds of share capital
Section 44- Nature of shares or debentures.
Section 45- Numbering of shares.
Section 46- Certificate of shares.
Section 47- Voting rights.
Section 48- Variation of shareholders' rights.
Section 49- Calls on shares of same class to be made on uniform basis.
Section 50- Company to accept unpaid share capital, although not called up.
Section 51- Payment of dividend in proportion to amount paid-up.
Section 52- Application of premiums received on issue of shares.
Section 53- Prohibition on issue of shares at discount.
Section 54- Issue of sweat equity shares.
Section 55- Issue and redemption of preference share.
Section 56- Transfer and transmission of securities.
Section 57- Punishment for personation of shareholder.
Section 58- Refusal of registration and appeal against refusal.
Section 59- Rectification of register of members.
Section 60- Publication of authorised, subscribed and paid-up capital.
Section 61- Power of limited company to alter its share capital.
Section 62- Further issue of share capital.
Section 63- Issue of bonus shares.
Section 64- Notice to be given to Registrar for alteration of share capital.
Section 65- Unlimited Company to provide for reserve share capital on conversion into limited company.
Section 66- Reduction of Share Capital
Section 67- Restrictions on purchase by company or giving of loans by it for purchase of its shares.
Section 68- Power of company to purchase its own securities.
Section 69- Transfer of certain sums to capital redemption reserve account.
Section 70- Prohibition for buy-back in certain circumstances.
Section 71- Debentures.
Section 72- Power to nominate.
Section 73- Prohibition on acceptance of deposits from public.
Section 74- Repayment of deposits, etc., accepted before commencement of this Act.
Section 75- Damages for fraud.
Section 76- Acceptance of deposits from public by certain companies.
Section 76A: Punishment for contravention of section 73 or section 76.
Section 77- Duty to register charges, etc.
Section 78- Application for registration of charge.
Section 79- Section 77 to apply in certain matters.
Section 80- Date of notice of charge.
Section 81- Register of charges to be kept by Registrar.
Section 82- Company to report satisfaction of charge.
Section 83- Power of Registrar to make entries of satisfaction and release in absence of intimation from company.
Section 84- Intimation of appointment of receiver or manager.
Section 85- Company's register of charges.
Section 86- Punishment for contravention.
Section 87- Rectification by the Central Government in register of charges.
Section 88- Register of members, etc.
Section 89- Declaration in respect of beneficial interest in any share.
Section 90- Investigation of beneficial ownership of shares in certain cases.
Section 91- Power to close register of members or debenture holders or other security holders.
Section 92- Annual return.
Section 93- Return to be filed with Registrar in case promoters' stake changes.
Section 94- Place of keeping and inspection of registers, returns, etc.
Section 95- Registers, etc., to be evidence.
Section 96- Annual general meeting.
Section 97-Power of Tribunal to call annual general meeting.
Section 98- Power of Tribunal to call meetings of members, etc.
Section 99- Punishment for default in complying with provisions of sections 96 to 98.
Section 100- Calling of extraordinary general meeting.
Section 101- Notice of meeting.
Section 102- Statement to be annexed to notice.
Section 103- Quorum for meetings.
Section 104- Chairman of meetings.
Section 105- Proxies.
Section 106- Restriction on voting rights.
Section 107- Voting by show of hands.
Section 108- Voting through electronic means.
Section 109- Demand for poll.
Section 110- Postal ballot.
Section 111- Circulation of members' resolution.
Section 112- Representation of President and Governors in meetings.
Section 113- Representation of corporations at meeting of companies and of creditors.
Section 114- Ordinary and special resolutions.
Section 115- Resolutions requiring special notice.
Section 116- Resolutions passed at adjourned meeting.
Section 117- Resolutions and agreements to be filed.
Section 118- Minutes of proceedings of general meeting, meeting of Board of directors and other meeting and resolutions passed by postal ballot.
Section 119- Inspection of minute-book of general meeting.
Section 120- Maintenance and inspection of documents in electronic form.
Section 121- Report on annual general meeting.
Section 122- Applicability of this Chapter to One Person Company.
Section 123- Declaration of dividend.
Section 124- Unpaid dividend account.
Section 125- Investor Education and Protection Fund.
Section 126- Right to dividend, rights shares and bonus shares to be held in abeyance pending registration of transfer of shares.
Section 127- Punishment for failure to distribute dividends.
Section 128- Books of account, etc., to be kept by company.
Section 129- Financial statement.
Section 130- Re-opening of accounts on Court's or Tribunal's orders.
Section 131- Voluntary revision of financial statements or Board’s report.
Section 132- Constitution of National Financial Reporting Authority.
Section 133- Central Government to prescribe accounting standards.
Section 134- Financial Statement, Board's report, etc.
Section 135- Corporate Social Responsibility.
Section 136- Right of member to copies of audited financial statement.
Section 137- Copy of financial statement to be filed with Registrar.
Section 138- Internal Audit.
Section 139- Appointment of auditors.
Section 140- Removal, resignation of auditor and giving of special notice.
Section 141- Eligibility, qualifications and disqualifications of auditors.
Section 142- Remuneration of auditors.
Section 143- Powers and duties of auditors and auditing standards.
Section 144- Auditor not to render certain services.
Section 145- Auditors to sign audit reports, etc.
Section 146- Auditors to attend general meeting.
Section 147- Punishment for contravention.
Section 148- Central Government to specify audit of items of cost in respect of certain companies.
Section 149- Company to have Board of directors.
Section 150- Manner of selection of independent directors and maintenance of data bank of independent directors.
Section 151- Appointment of director elected by small shareholders.
Section 152- Appointment of directors.
Section 153- Application for allotment of Director Identification Number.
Section 154-Allotment of Director Identification Number.
Section 155- Prohibition to obtain more than one Director Identification Number.
Section 156- Director to intimate Director Identification Number.
Section 157- Company to inform Director Identification Number to Registrar.
Section 158- Obligation to indicate Director Identification Number.
Section 159- Punishment for contravention.
Section 160- Right of persons other than retiring directors to stand for directorship.
Section 161- Appointment of additional director, alternate director and nominee director.
Section 162- Appointment of directors to be voted individually.
Section 163- Option to adopt principle of proportional representation for appointment of directors.
Section 164- Disqualifications for appointment of director.
Section 165- Number of directorships.
Section 166- Duties of directors.
Section 167- Vacation of office of director.
Section 168- Resignation of director.
Section 169- Removal of directors.
Section 170- Register of directors and key managerial personnel and their shareholding.
Section 171- Members' right to inspect.
Section 172- Punishment.
Section 173- Meetings of Board.
Section 174- Quorum for meetings of Board.
Section 175- Passing of resolution by circulation.
Section 176- Defects in appointment of directors not to invalidate actions taken.
Section 177- Audit committee.
Section 178- Nomination and remuneration committee and stakholders relationship committee.
Section 179- Powers of Board.
Section 180- Restrictions on powers of Board.
Section 181- Company to contribute to bona fide and charitable funds, etc.
Section 182- Prohibitions and restrictions regarding political contributions.
Section 183- Power of Board and other persons to make contributions to national defence fund, etc.
Section 184- Disclosure of interest by director.
Section 185- Loan to directors, etc.
Section 186- Loan and investment by company.
Section 187- Investments of company to be held in its own name.
Section 188- Related party transactions.
Section 189- Register of contracts or arrangements in which directors are interested.
Section 190- Contract of employment with managing or whole-time directors.
Section 191- Payment to director for loss of office, etc., in connection with transfer of undertaking, property or shares.
Section 192- Restriction on non-cash transactions involving directors.
Section 193- Contract by One Person Company.
Section 194- Prohibition on forward dealings in securities of company by director or key managerial personnel..
Section 195- Prohibition on insider trading of securities.
Section 196- Appointment of managing director, whole-time director or manager.
Section 197- Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits.
Section 198- Calculation of profits.
Section 199- Recovery of Remuneration in certain cases.
Section 200- Central Government or a company to fix a limit with regard to remuneration.
Section 201- Forms of, and procedure in relation to, certain applications.
Section 202- Compensation for loss of office of managing or whole-time director or manager.
Section 203- Appointment of key managerial personnel.
Section 204- Secretarial Audit for bigger companies.
Section 205- Functions of the Company Secretary.
Section 206- Power to call for information, inspect books and conduct inquiries.
Section 207- Conduct of inspection and inquiry.
Section 208- Report on inspection made.
Section 209- Search and seizure.
Section 210- Investigation into affairs of company.
Section 211- Establishment of Serious Fraud Investigation Office.
Section 212- Investigation into affairs of company by Serious Fraud Investigation Office.
Section 213- Investigation into company's affairs in other cases.
Section 214- Security for payment of costs and expenses of investigation.
Section 215- Firm, body corporate or association not to be appointed as inspector.
Section 216- Investigation of ownership of company.
Section 217- Procedure, powers, etc., of inspectors.
Section 218- Protection of employees during investigation.
Section 219- Power of inspectors to conduct investigation into affairs of related companies, etc.
Section 220- Seizure of documents by inspector.
Section 221- Freezing of assets of a company on an inquiry and investigation.
Section 222- Imposition of restrictions upon securities.
Section 223- Inspector's report.
Section 224- Actions to be taken in pursuance of inspector's report.
Section 225- Expenses of investigation.
Section 226- Voluntary winding up of company, etc., not to stop investigation proceedings.
Section 227- Legal advisers and bankers not to disclose certain information.
Section 228- Investigation, etc., of foreign companies.
Section 229- Penalty for furnishing false statement, mutilation, destruction of documents.
Section 230- Power to compromise or make arrangements with creditors and members.
Section 231- Power of Tribunal to enforce compromise or arrangement.
Section 232- Merger and amalgamation of companies.
Section 233- Merger or amalgamation of certain companies.
Section 234- Merger or amalgamation of company with foreign company.
Section 235- Power to acquire shares of shareholders dissenting from scheme or contract approved by majority.
Section 236- Purchase of minority shareholding.
Section 237- Power of Central Government to provide for amalgamation of companies in public interest.
Section 238- Registration of offer of schemes involving transfer of shares.
Section 239- Preservation of books and papers of amalgamated companies.
Section 240- Liability of officers in respect of offences committed prior to merger, amalgamation, etc.
Section 241- Application to Tribunal for relief in cases of oppression, etc.
Section 242- Powers of Tribunal.
Section 243. Consequence of termination or modifications of certain agreements.
Section 244- Right to apply under section 241.
Section 245- Class action.
Section 246- Application of certain provisions to proceedings under section 241 or section 245.
Section 247- Valuation by registered valuers.
Section 248- Power of Registrar to remove names of a company from register of companies.
Section 249- Restriction on making application under section 248 in certain situations.
Section 250- Effect of a company notified as dissolved.
Section 251- Fraudulent application for removal of name.
Section 252- Appeal to Tribunal.
Section 253- Determination of sickness.
Section 254- Application for revival and rehabilitation.
Section 255- Exclusion of certain time in computing period of limitation.
Section 256- Appointment of interim administrator.
Section 257- Committee of creditors.
Section 258- Order of Tribunal.
Section 259- Appointment of administrator.
Section 260- Powers and duties of company administrator.
Section 261- Scheme of revival and rehabilitation.
Section 262- Sanction of scheme.
Section 263- Scheme to be binding.
Section 264- Implementation of the scheme.
Section 265- Winding up of company on report of company administrator.
Section 266- Power of Tribunal to assess damages against delinquent directors, etc.
Section 267- Punishment for certain offences.
Section 269- Rehabilitation and Insolvency Fund.
Section 270- Modes of winding up.
Section 271- Circumstances in which a company may be wound up by Tribunal.
Section 272 - Petition for winding up
Section 273- Powers of Tribunal.
Section 274- Directions for filing statement of affairs.
Section 275- Company Liquidators and their appointments.
Section 276- Removal and replacement of liquidator.
Section 277- Intimation to Company Liquidator, provisional liquidator and Registrar.
Section 278- Effect of winding up order.
Section 279- Stay of suits, etc., on winding up order.
Section 280- Jurisdiction of Tribunal.
Section 281- Submission of report by Company Liquidator.
Section 282- Directions of Tribunal on report of Company Liquidator.
Section 283- Custody of company's properties.
Section 284- Promoters directors etc. to co-operate with Company Liquidator.
Section 285- Settlement of list of contributories and application of assets.
Section 286- Obligations of directors and managers.
Section 287- Advisory Committee.
Section 288- Submission of periodical reports to Tribunal.
Section 289- Power of Tribunal on application for stay of winding up.
Section 290- Powers and duties of Company Liquidator.
Section 291- Provision for professional assistance to Company Liquidator.
Section 292- Exercise and control of Company Liquidator’s powers.
Section 293- Books to be kept by Company Liquidator.
Section 294- Audit of Company Liquidator's accounts.
Section 295- Payment of debts by contributory and extent of set-off.
Section 296- Power of Tribunal to make calls.
Section 297- Adjustment of rights of contributories.
Section 298- Power to order costs.
Section 299- Power to summon persons suspected of having property of company, etc.
Section 300- Power to order examination of promoters, directors, etc.
Section 301- Arrest of person trying to leave India or abscond.
Section 302- Dissolution of company by Tribunal.
Section 303- Appeals from orders made before commencement of Act.
Section 304- Circumstances in which company may be wound up voluntarily.
Section 305- Declaration of solvency in case of proposal to wind up voluntarily.
Section 306- Meeting of creditors
Section 307- Publication of resolution to wind up voluntarily
Section 308- Commencement of voluntary winding-up.
Section 309- Effect of voluntary winding up.
Section 310- Appointment of Company Liquidator.
Section 311- Power to remove and fill vacancy of Company Liquidator.
Section 312- Notice of appointment of Company Liquidator to be given to Registrar.
Section 313- Cesser of Board's powers on appointment of Company Liquidator.
Section 314- Powers and duties of Company Liquidator in voluntary winding up.
Section 315- Appointment of committees.
Section 316- Company Liquidator to submit report on progress of winding up.
Section 317- Report of Company Liquidator to Tribunal for examination of persons.
Section 318- Final meeting and dissolution of company.
Section 319- Power of Company Liquidator to accept shares, etc., as consideration for sale of property of company.
Section 320- Distribution of property of company.
Section 321- Arrangement when binding on company and creditors.
Section 322- Power to apply to Tribunal to have questions determined, etc.
Section 323- Costs of voluntary winding up.
Section 324- Debts of all description to be admitted to proof.
Section 325- Application of insolvency rules in winding up of insolvent companies.
Section 326- Overriding preferential payments.
Section 327- Preferential payments.
Section 328- Fraudulent preference.
Section 329- Transfers not in good faith to be void.
Section 330- Certain transfers to be void.
Section 331- Liabilities and rights of certain persons fraudulently preferred.
Section 332- Effect of floating charge.
Section 333- Disclaimer of onerous property.
Section 334- Transfers, etc., after commencement of winding up to be void.
Section 335- Certain attachments, executions, etc., in winding up by Tribunal to be void.
Section 336- Offences by officers of companies in liquidation.
Section 337- Penalty for frauds by officers.
Section 338- Liability where proper accounts not kept.
Section 339- Liability for fraudulent conduct of business.
Section 340- Power of Tribunal to assess damages against delinquent directors, etc.
Section 341- Liability under sections 339 and 340 to extend to partners or directors in firms or companies.
Section 342- Prosecution of delinquent officers and members of company.
Section 343- Company Liquidator to exercise certain powers subject to sanction.
Section 344- Statement that a company is in liquidation.
Section 345- Books and papers of company to be evidence.
Section 346- Inspection of books and papers by creditors and contributories.
Section 347- Disposal of books and papers of company.
Section 348- Information as to pending liquidations.
Section 349- Official Liquidator to make payments into public account of India.
Section 350- Company Liquidator to deposit monies into scheduled bank.
Section 351- Liquidator not to deposit monies into private banking account.
Section 352- Company Liquidation Dividend and Undistributed Assets Account.
Section 353- Liquidator to make returns, etc.
Section 354- Meetings to ascertain wishes of creditors or contributories.
Section 355- Courts, Tribunal or person, etc., before whom affidavit may be sworn.
Section 356- Powers of Tribunal to declare dissolution of company void.
Section 357- Commencement of winding up by Tribunal.
Section 358- Exclusion of certain time in computing period of limitation.
Section 359- Appointment of Official Liquidator.
Section 360- Powers and functions of Official Liquidator.
Section 361- Summary procedure for liquidation.
Section 362- Sale of assets and recovery of debts due to company.
Section 363- Settlement of claims of creditors by Official Liquidator.
Section 364- Appeal by creditor.
Section 365- Order of dissolution of company.
Section 366- Companies capable of being registered.
Section 367- Certificate of registration of existing companies.
Section 368- Vesting of property on registration.
Section 369- Saving for existing liabilities.
Section 370- Continuation of pending legal proceedings.
Section 371- Effect of registration under this Part.
Section 372- Power of Court to stay or restrain proceedings.
Section 373- Suits stayed on winding up order.
Section 374- Obligations of companies registering under this Part.
Section 375- Winding up of unregistered companies.
Section 376- Power to wind up foreign companies although dissolved.
Section 377- Provisions of Chapter cumulative.
Section 378- Saving and construction of enactments conferring power to wind up partnership, association or company in certain cases.
Section 379- Application of Act to foreign companies.
Section 380- Documents, etc., to be delivered to Registrar by foreign companies.
Section 381- Accounts of foreign company.
Section 382- Display of name, etc., of foreign company.
Section 383- Service on foreign company.
Section 384- Debentures, annual return, registration of charges, books of account and their inspection.
Section 385- Fee for registration of documents.
Section 386- Interpretation.
Section 387- Dating of prospectus and particulars to be contained therein.
Section 388- Provisions as to expert's consent and allotment.
Section 389- Registration of prospectus.
Section 390- Offer of Indian Depository Receipts.
Section 391- Application of sections 34 to 36 and Chapter XX.
Section 392- Punishment for contravention.
Section 393- Company's failure to comply with provisions of this Chapter not to affect validity of contracts, etc.
Section 394- Annual reports on Government companies.
Section 395- Annual reports where one or more State Governments are members of companies.
Section 396- Registration offices.
Section 397- Admissibility of certain documents as evidence.
Section 398- Provisions relating to filing of applications, documents, inspection, etc., in electronic form.
Section 399- Inspection, production and evidence of documents kept by Registrar.
Section 400- Electronic form to be exclusive, alternative or in addition to physical form.
Section 401- Provision of value added services through electronic form.
Section 402- Application of provisions of Information Technology Act, 2000.
Section 403- Fee for filing, etc.
Section 404- Fees, etc., to be credited into public account.
Section 405- Power of Central Government to direct companies to furnish information or statistics.
Section 406- Power to modify Act in its application to Nidhis.
Section 407- Definitions.
Section 408- Constitution of National Company Law Tribunal.
Section 409- Qualification of President and Members of Tribunal.
Section 410- Constitution of Appellate Tribunal
Section 411- Qualification of Chairperson and Members of Appellate Tribunal.
Section 412- Selection of Members of Tribunal and Appellate Tribunal.
Section 413- Term of office of President, Chairperson and other Members.
Section 414- Salary, allowances and other terms and conditions of service of Members.
Section 415- Acting President and Chairperson of Tribunal and Appellate Tribunal.
Section 416- Resignation of Members.
Section 417- Removal of Members.
Section 418- Staff of Tribunal and Appellate Tribunal.
Section 419- Benches of Tribunal.
Section 420- Orders of Tribunal.
Section 421- Appeal from orders of Tribunal
Section 422- Expeditious disposal by Tribunal and Appellate Tribunal.
Section 423- Appeal to Supreme Court.
Section 424- Procedure before Tribunal and Appellate Tribunal.
Section 425- Power to punish for contempt.
Section 426- Delegation of powers.
Section 427- President, Members, officers, etc., to be public servants.
Section 428- Protection of action taken in good faith.
Section 429- Power to seek assistance of Chief Metropolitan Magistrate, etc.
Section 430- Civil court not to have jurisdiction.
Section 431- Vacancy in Tribunal and Appellate Tribunal not to invalidate acts or proceedings.
Section 432- Right to legal representation.
Section 433- Limitation.
Section 434- Transfer of certain pending proceedings.
Section 435- Establishment of special courts.
Section 436- Offences triable by special courts.
Section 437- Appeal and revision.
Section 438- Application of Code to proceedings before a special court.
Section 439- Offences to be non-cognizable.
Section 440- Transitional provisions.
Section 441- Compounding of certain offences.
Section 442- Mediation and Conciliation Panel.
Section 443- Power of Central Government to appoint company prosecutors.
Section 444- Appeal against acquittal.
Section 445- Compensation for accusation without reasonable cause.
Section 446- Application of fines.
Section 447- Punishment for fraud.
Section 448- Punishment for false statements.
Section 449- Punishment for false evidence.
Section 450- Punishment where no specific penalty or punishment is provided.
Section 451- Punishment in case of repeated default.
Section 452- Punishment for wrongful withholding of property.
Section 453- Punishment for improper use of "Limited" or "Private Limited".
Section 454- Adjudication of penalties.
Section 455- Dormant company.
Section 456- Protection of action taken in good faith.
Section 457- Non-disclosure of information in certain cases.
Section 458- Delegation by Central Government of its powers and functions.
Section 459- Powers of Central Government or Tribunal to accord approval, etc., subject to conditions and to prescribe fees on applications.
Section 460- Condonation of delay in certain cases.
Section 461- Annual report by Central Government.
Section 462- Power to exempt a class or classes of companies from provisions of this Act.
Section 463- Power of Court to grant relief in certain cases
Section 464- Prohibition of association or partnership of persons exceeding certain number.
Section 465- Repeal of certain enactments and savings.
Section 466- Dissolution of Company Law Board and consequential provisions.
Section 467- Power of Central Government to amend Schedules.
Section 468- Power of Central Government to make rules relating to winding up.
Section 469- Power of Central Government to make rules.
Section 470- Power to remove difficulties.