The Companies Act 2013 / Companies Act 2013 / By CA Bhuvnesh Goyal SECTION 1Short Title, Extent, Commencement and ApplicationSECTION 2DefinitionsSECTION 3Formation of CompanySECTION 3AMembers severally liable in certain casesSECTION 4MemorandumSECTION 5ArticlesSECTION 6Act to Override Memorandum, Articles, etcSECTION 7Incorporation of CompanySECTION 9Formation of Companies with Charitable Objects, etcSECTION 9Effect of RegistrationSECTION 10Effect of Memorandum and articlesSECTION 10ACommencement of business etcSECTION 12Registered Office of CompanySECTION 13Alteration of MemorandumSECTION 14Alteration of ArticlesSECTION 15Alteration of Memorandum or Articles to be Noted in Every CopySECTION 16Rectification of name of companySECTION 17Copies of Memorandum, Articles, etc., to be Given to memberSECTION 18Conversion of Companies Already RegisteredSECTION 19Subsidiary Company not to hold shares in its Holding Company.SECTION 20Service ofDocumentSECTION 21Authentication of Documents, Proceedings and ContractsSECTION 11Commencement of Business, etcSECTION 23Public Offer and Private PlacementSECTION 24Power of Securities and Exchange Board to Regulate Issue and Transfer of Securities, etcSECTION 25Document Containing Offer of Securities for Sale to be Deemed ProspectusSECTION 26Matters to be Stated in ProspectusSECTION 27Variation in Terms of Contract or Objects in ProspectusSECTION 28Offer of Sale of Shares by Certain Members of CompanySECTION 29Public Offer of Securities to be in Dematerialised FormSECTION 30Advertisement of ProspectusSECTION 31Shelf ProspectusSECTION 32Red Herring ProspectusSECTION 33Issue of Application Forms for Securities.SECTION 34Criminal Liability for Mis-statements in ProspectusSECTION 35Civil Liability for Mis-statements in ProspectusSECTION 36Punishment for Fraudulently Inducing Persons to Invest MoneySECTION 37Action by Affected Persons.SECTION 38Punishment for Personation for Acquisition, etc., of Securities.SECTION 39Allotment of Securities by CompanySECTION 40Securities to be Dealt with in Stock ExchangesSECTION 41Global Depository ReceiptSECTION 42Offer or Invitation for Subscription of Securities on Private PlacementSECTION 43Kinds of Share CapitalSECTION 44Nature of Shares orDebenturesSECTION 45Numbering of Shares.SECTION 46Certificate of SharesSECTION 47Voting RightsSECTION 48Variation of Shareholders’ Rights.SECTION 49Calls on Shares of Same Class to be Made on Uniform BasisSECTION 50 Company to Accept Unpaid Share Capital, Although not Called Up.SECTION 51Payment of dividend in proportion to amount paid-upSECTION 52Application of premiums received on issue of shares.SECTION 53Prohibition on Issue of Shares at DiscountSECTION 54Issue of Sweat Equity SharesSECTION 55Issue and Redemption of Preference SharesSECTION 56Transfer and Transmission of SecuritiesSECTION 57Punishment for Personation of ShareholderSECTION 58Refusal of registration and appeal against refusalSECTION 59Rectification of register of membersSECTION 60Publication of authorised, subscribed and paid-up capitalSECTION 61Power of Limited Company to Alter its Share CapitalSECTION 62Further Issue of Share CapitalSECTION 63Issue of Bonus SharesSECTION 64Notice to be Given to Registrar for Alteration of Share CapitalSECTION 65Unlimited Company to Provide for Reserve Share Capital on Conversion into Limited CompanySECTION 66Reduction of share capitalSECTION 67Restrictions on Purchase by Company or Giving of Loans by it for Purchase of its SharesSECTION 68Power of Company to Purchase its Own SecuritiesSECTION 69Transfer of Certain Sums to Capital Redemption Reserve AccountSECTION 70Prohibition for Buy-Back in Certain CircumstancesSECTION 71Debentures.SECTION 72 Power to nominateSECTION 73Prohibition on acceptance of deposits from publicSECTION 74Repayment of deposits, etc., accepted before commencement of this ActSECTION 75Damages for fraudSECTION 76Acceptance of deposits from public by certain companiesSECTION 76aPunishment for contravention of section 73 or section 76.SECTION 77 Duty to Register Charges, etcSECTION 78 Application for registration of charge.SECTION 79Section 77 to apply in certain matterSECTION 80Date of notice of chargeSECTION 81Register of Charges to be kept by RegistrarSECTION 82Company to Report Satisfaction of ChargeSECTION 83Power of Registrar to Make Entries of Satisfaction and Release in Absence of Intimation from CompanySECTION 84Intimation of Appointment of Receiver or ManagerSECTION 85Company’s Register of ChargesSECTION 86Punishment for ContraventionSECTION 87Rectification by Central Government in Register of ChargesSECTION 88Register of Members, etcSECTION 89Declaration in Respect of Beneficial Interest in any ShareSECTION 90Register of significant beneficial owners in a companySECTION 91Power to Close Register of Members or Debenture-Holders or Other Security HoldersSECTION 92Annual returnSECTION 93Return to be Filed with Registrar in Case Promoters‘ Stake ChangesSECTION 94Place of keeping and Inspection of Registers, Returns, etcSECTION 95Registers, etc., to be EvidenceSECTION 96Annual general meetingSECTION 97Power of Tribunal to Call Annual General MeetingSECTION 98Power of Tribunal to Call Meetings of Members, etcSECTION 99Punishment for default in complying with provisions of sections 96 to 98SECTION 100Calling of Extraordinary General MeetingSECTION 101Notice of MeetingSECTION 102Statement to be Annexed to NoticeSECTION 103Quorum for meetingsSECTION 104Chairman of meetingsSECTION 105ProxiesSECTION 106 Restriction on voting rightsSECTION 107Voting by show of handsSECTION 108Voting through electronic meansSECTION 109Demand for pollSECTION 110Postal ballotSECTION 112 Circulation of members’ ResolutionSECTION 112Representation of President and Governors in MeetingsSECTION 113Representation of Corporations at Meeting of Companies and of CreditorsSECTION 114Ordinary and Special ResolutionsSECTION 115Resolutions Requiring Special NoticeSECTION 116Resolutions passed at Adjourned MeetingSECTION 117Resolutions and Agreements to be FiledSECTION 118 Minutes of Proceedings of General Meeting, Meeting of Board of Directors and Other Meeting and Resolutions Passed by Postal BallotSECTION 119Inspection of minute-books of general meetingSECTION 120Maintenance and Inspection of Documents in Electronic FormSECTION 121Report on Annual General MeetingSECTION 122Applicability of this Chapter to One Person Company.SECTION 123Declaration of DividendSECTION 124Unpaid Dividend AccountSECTION 125Investor Education and Protection FundSECTION 126Right to dividend, rights shares and bonus shares to be held in abeyance pending registration of transfer of sharesSECTION 127Punishment for failure to distribute dividends.SECTION 128Books of account, etc., to be kept by companySECTION 129Financial StatementSECTION 129aPeriodical financial resultsSECTION 130Re-opening of Accounts on Court’s or Tribunal’s OrdersSECTION 131Voluntary Revision of Financial Statements or Board’s ReportSECTION 132 Constitution of National Financial Reporting AuthoritySECTION 133 Central Government to prescribe accounting standards.SECTION 134Financial Statement, Board’s Report, etcSECTION 135Corporate Social ResponsibilitySECTION 136 Right of member to copies of audited financial statement.SECTION 137Copy of financial statement to be filed with RegistrarSECTION 138Internal auditSECTION 139Appointment of auditorsSECTION 140Removal, resignation of auditor and giving of special noticeSECTION 141Eligibility, qualifications and disqualifications of auditorsSECTION 142Remuneration of auditorsSECTION 143Powers and duties of auditors and auditing standardsSECTION 144 Auditor not to render certain servicesSECTION 142Auditor to sign audit reports, etcSECTION 146Auditors to attend general meetingSECTION 147Punishment for contraventionSECTION 148Central Government to specify audit of items of cost in respect of certain companiesSECTION 149Company to have Board of DirectorsSECTION 150Manner of selection of independent Directors and maintenance of databank of independent directorsSECTION 151Appointment of director elected by small shareholdersSECTION 152Appointment of DirectorsSECTION 153Application for Allotment of Director Identification NumberSECTION 154Allotment of Director Identification NumberSECTION 155Prohibition to Obtain More than One Director Identification NumberSECTION 156 Director to Intimate Director Identification NumberSECTION 157Company to Inform Director Identification Number to RegistrarSECTION 158Obligation to Indicate Director Identification NumberSECTION 159Penalty for Default of Certain ProvisionsSECTION 160Right of Persons Other than retiring Directors to Stand for DirectorshipSECTION 161Appointment of Additional Director, Alternate Director and Nominee DirectorSECTION 162Appointment of Directors to be Voted IndividuallySECTION 163Option to Adopt Principle of Proportional Representation for Appointment of DirectorsSECTION 164Disqualifications for Appointment of DirectorSECTION 165Number of DirectorshipsSECTION 166Duties of DirectorsSECTION 167Vacation of Office of DirectorSECTION 168Resignation of DirectorSECTION 169Removal of DirectorsSECTION 170Register of Directors and key Managerial Personnel and their ShareholdingSECTION 171Members’ right to inspect.SECTION 172PenaltySECTION 173Meetings of BoardSECTION 174Quorum for Meetings of BoardSECTION 175Passing of Resolution by CirculationSECTION 176Defects in Appointment of Directors not to Invalidate Actions TakenSECTION 177Audit CommitteeSECTION 178Nomination and Remuneration Committee and Stakeholders Relationship CommitteeSECTION 179Powers of BoardSECTION 180Restrictions on Powers of BoardSECTION 181Company to Contribute to Bona Fide and Charitable Funds, etc.SECTION 182Prohibitions and Restrictions Regarding Political ContributionsSECTION 183Power of Board and Other Persons to Make Contributions to National Defence Fund, etcSECTION 184Disclosure of Interest by DirectorSECTION 185Loan to Directors, etc.SECTION 186Loan and investment by companySECTION 187Investments of company to be held in its own nameSECTION 188Related party transactionsSECTION 189Register of contracts or arrangements in which Directors are interestedSECTION 190Contract of employment with managing or whole-time directionsSECTION 191Payment to Director for Loss of Office, etc., in Connection with Transfer of Undertaking, Property or SharesSECTION 192Restriction on Non-cash Transactions Involving DirectorsSECTION 193Contract by One Person CompanySECTION 194Prohibition on Forward Dealings in Securities Company by Director or key Managerial Personnel.SECTION 195Prohibition on insider trading of securitiesSECTION 196Appointment of managing director, whole-time director or managerSECTION 197Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profitsSECTION 198Calculation of profitsSECTION 199Recovery of remuneration in certain casesSECTION 200Central Government or company to fix limit with regard to remunerationSECTION 201Forms of, and Procedure in Relation to, Certain Applications.SECTION 202Compensation for Loss of Office of Managing or Whole-time Director or ManagerSECTION 203Appointment of Key Managerial Personnel.SECTION 204Secretarial Audit for Bigger CompaniesSECTION 205 Functions of Company SecretarySECTION 206Power to Call for Information, Inspect Books and Conduct InquiriesSECTION 207Conduct of inspection and inquirySECTION 208Report on inspection madeSECTION 209Search and seizureSECTION 210Investigation into Affairs of CompanySECTION 211Establishment of Serious Fraud Investigation OfficeSECTION 212 Investigation into Affairs of Company by Serious Fraud Investigation OfficeSECTION 213Investigation into company’s affairs in other casesSECTION 214Security for payment of costs and expenses of investigationSECTION 215Firm, body corporate or Association Not to be Appointed as InspectorSECTION 216Investigation of Ownership of CompanySECTION 217Procedure, Powers, etc., of InspectorsSECTION 218Protection of Employees During InvestigationSECTION 219Power of Inspector to Conduct Investigation into Affairs of Related Companies, etcSECTION 220Seizure of Documents by InspectorSECTION 221Freezing of Assets of Company on Inquiry and InvestigationSECTION 222Imposition of Restrictions Upon SecuritiesSECTION 223Inspector’s ReportSECTION 224Actions to be Taken in Pursuance of Inspector’s ReportSECTION 225Expenses of investigationSECTION 226 Voluntary Winding Up of Company, etc., Not to Stop Investigation ProceedingsSECTION 227 Legal Advisors and Bankers Not to Disclose Certain InformationSECTION 228 Investigation, etc., of Foreign CompaniesSECTION 229 Penalty for Furnishing False Statement, Mutilation, Destruction of Documents.SECTION 230[Power to Compromise or Make Arrangements with Creditors and members.SECTION 231Power of Tribunal to Enforce Compromise or ArrangementSECTION 232Merger and Amalgamation of CompaniesSECTION 233Merger or Amalgamation of Certain CompaniesSECTION 234 Merger or Amalgamation of Company with Foreign CompanySECTION 235Power to Acquire Shares of Shareholders Dissenting from Scheme or Contract Approved by MajoritySECTION 236Purchase of Minority ShareholdingSECTION 237Power of Central Government to Provide for Amalgamation of Companies in Public InterestSECTION 238Registration of Offer of Schemes Involving Transfer of SharesSECTION 239Preservation of Books and Papers of Amalgamated CompaniesSECTION 240 Liability of Officers in Respect of Offences Committed Prior to Merger, Amalgamation, etcSECTION 241Application to Tribunal for Relief in Cases of Oppression, etcSECTION 242Powers of TribunalSECTION 243Consequences of Termination or Modification of Certain AgreementsSECTION 244Right to Apply Under section 241.SECTION 245Class ActionSECTION 246Application of Certain Provisions to Proceedings Under Section 241 and Section 245.SECTION 247Valuation by registered valuersSECTION 248Power of Registrar to Remove Name of Company from Register of CompaniesSECTION 249Restrictions on Making Application Under Section 248 in Certain SituationsSECTION 250Effect of Company Notified as DissolvedSECTION 251Fraudulent application for removal of nameSECTION 252Appeal to TribunalSECTION 253Determination of sickness.SECTION 254Application for Revival and RehabilitationSECTION 255Exclusion of certain time in computing period of limitationSECTION 256Appointment of Interim AdministratorSECTION 257Committee of CreditorsSECTION 258Order of TribunalSECTION 259Appointment of AdministratorSECTION 260Powers and Duties of Company AdministratorSECTION 261Scheme of Revival and RehabilitationSECTION 262Sanction of SchemeSECTION 263Scheme to be BindingSECTION 264 Implementation of SchemeSECTION 265Winding Up of Company on Report of Company AdministratorSECTION 266Power of Tribunal to Assess Damages Against Delinquent Directors, etcSECTION 267Punishment for Certain OffencesSECTION 268Bar of JurisdictionSECTION 269Rehabilitation and Insolvency FundSECTION 270Modes of Winding UpSECTION 271Circumstances in Which Company May be Wound Up by TribunalSECTION 272Petition for Winding UpSECTION 273Powers of TribunalSECTION 274Directions for Filing Statement of AffairsSECTION 275Company Liquidators and Their AppointmentsSECTION 276 Removal and Replacement of LiquidatorSECTION 277Intimation to Company Liquidator, Provisional Liquidator and RegistrarSECTION 278 Effect of winding up orderSECTION 279Stay of suits, etc., on winding up order.SECTION 280Jurisdiction of TribunalSECTION 281Submission of report by Company LiquidatorSECTION 282Directions of Tribunal on Report of Company Liquidator Section SECTION 283Custody of company’s propertiesSECTION 285Settlement of list of contributories and application of assetsSECTION 286Obligations of Directors and managersSECTION 287Advisory committeeSECTION 288Submission of periodical reports to Tribunal.SECTION 289Power of Tribunal on Application for Stay of Winding UpSECTION 290Powers and duties of Company LiquidatorSECTION 291Provision for professional assistance to Company LiquidatorSECTION 284Promoters, directors, etc., to cooperate with Company LiquidatorSECTION 292Exercise and control of Company Liquidator’s powersSECTION 293Books to be kept by Company LiquidatorSECTION 294. Audit of Company Liquidator’s accountsSECTION 295 Payment of debts by contributory and extent of set-offSECTION 296Power of Tribunal to make callsSECTION 297Adjustment of rights of contributoriesSECTION 298Power to order costsSECTION 299Power to summon persons suspected of having property of company, etcSECTION 300Power to order examination of promoters, Directors, etcSECTION 301Arrest of Person Trying to Leave India or AbscondSECTION 302Dissolution of Company by TribunalSECTION 303Appeals from Orders Made Before Commencement of Act.SECTION 304Circumstances in Which Company May be Wound up VoluntarilySECTION 305 Declaration of Solvency in Case of Proposal to Wind Up VoluntarilySECTION 306Meeting of CreditorsSECTION 307 Publication of Resolution to Wind Up VoluntarilySECTION 308Commencement of Voluntary Winding UpSECTION 309Effect of Voluntary Winding UpSECTION 310Appointment of Company LiquidatorSECTION 311 Power to Remove and Fill Vacancy of Company LiquidatorSECTION 312Notice of Appointment of Company Liquidator to be Given to Registrar.SECTION 313Cesser of Board’s Powers on Appointment of Company LiquidatorSECTION 314Powers and Duties of Company Liquidator in Voluntary Winding UpSECTION 315Appointment of CommitteesSECTION 316Company Liquidator to Submit Report on Progress of Winding UpSECTION 317Report of Company Liquidator to Tribunal for Examination of personsSECTION 318Final Meeting and Dissolution of Company.SECTION 319 Power of Company Liquidator to Accept Shares, etc., as Consideration for Sale of Property of CompanySECTION 320Distribution of Property of CompanySECTION 321Arrangement When Binding on Company and CreditorsSECTION 322Power to Apply to Tribunal to Have Questions Determined, etcSECTION 323Costs of Voluntary Winding UpSECTION 324Debts of all descriptions to be admitted to proofSECTION 325Application of Insolvency Rules in Winding Up of Insolvent CompaniesSECTION 326Overriding Preferential PaymentsSECTION 327Preferential paymentsSECTION 328Fraudulent PreferenceSECTION 329Transfers Not in Good Faith to be VoidSECTION 330 Certain Transfers to be VoidSECTION 331Liabilities and Rights of Certain Persons Fraudulently PreferredSECTION 332Effect of Floating ChargeSECTION 333Disclaimer of Onerous PropertySECTION 334Transfers, etc., After Commencement of Winding Up to be VoidSECTION 335Certain Attachments, Executions, etc., in Winding Up by Tribunal to be VoidSECTION 336Offences by Officers of Companies in LiquidationSECTION 337Penalty for Frauds by OfficersSECTION 338Liability Where Proper Accounts not KeptSECTION 339Liability for Fraudulent Conduct of BusinessSECTION 340Power of Tribunal to Assess Damages Against Delinquent Directors, etcSECTION 341Liability Under Sections 339 and 340 to Extend to Partners or Directors in Firms or CompaniesSECTION 342Prosecution of Delinquent Officers and members of CompanySECTION 343Company Liquidator to Exercise Certain Powers Subject to SanctionSECTION 344Statement that Company is in Liquidation.SECTION 345Books and Papers of Company to be EvidenceSECTION 346Inspection of Books and Papers by Creditors and ContributoriesSECTION 347 Disposal of Books and Papers of CompanySECTION 348 Information as to pending liquidationsSECTION 349 Official Liquidatorto make payments into public account of IndiaSECTION 350 Company Liquidator to Deposit Monies into Scheduled BankSECTION 351 Liquidator Not to Deposit Monies into Private Banking AccountSECTION 352Company Liquidation Dividend and Undistributed Assets Account.SECTION 353 Liquidator to Make Returns, etcSECTION 354Meetings to Ascertain Wishes of Creditors or ContributoriesSECTION 355Court, Tribunal or Person, etc., Before Whom Affidavit Aay be SwornSECTION 356Powers of Tribunal to Declare Dissolution of Company VoidSECTION 357 Commencement of Winding Up by TribunalSECTION 358 Exclusion of Certain Time in Computing Period of LimitationSECTION 359Appointment of Official Liquidator.SECTION 360Powers and Functions of Official Liquidator.SECTION 361Summary Procedure for LiquidationSECTION 362Sale of Assets and Recovery of Debts Due to CompanySECTION 363Settlement of Claims of Creditors by Official LiquidatorSECTION 364Appeal by CreditorSECTION 365Order of Dissolution of CompanySECTION 366Companies Capable of Being RegisteredSECTION 367Certificate of Registration of Existing CompaniesSECTION 368Vesting of Property on RegistrationSECTION 369Saving of Existing LiabilitiesSECTION 370Continuation of Pending Legal ProceedingsSECTION 371Effect of registration under this PartSECTION 372Power of Court to stay or restrain proceedingSECTION 373Suits stayed on winding up orderSECTION 374Obligations of Companies Registering Under this PartSECTION 375Winding Up of Unregistered CompaniesSECTION 376Power to Wind Up Foreign Companies, Although DissolvedSECTION 377Provisions of Chapter CumulativeSECTION 378Saving and Construction of Enactments Conferring Power to Wind Up Partnership Firm, Association or Company, etc., in Certain CasesSECTION 378aDefinitionsSECTION 378bObjects of Producer CompanySECTION 378c Formation of Producer Company and its registrationSECTION 378dMembership and voting rights of Members of Producer CompanySECTION 378eBenefits to MembersSECTION 378fMemorandum of Producer CompanySECTION 378gArticles of associationSECTION 378hAmendment of memorandumSECTION 378Amendment of articlesSECTION 378j Option to inter-State co-operative societies to become Producer CompaniesSECTION 378kEffect of incorporation of Producer CompanySECTION 378l Vesting of undertaking in Producer CompanySECTION 378mConcession, etc., to be deemed to have been granted to Producer CompanySECTION 378nProvisions in respect of officers and other employees of inter-State co-operative societySECTION 378Number of DirectorsSECTION 378pAppointment of DirectorsSECTION 378qVacation of office by DirectorsSECTION 378r Powers and functions of BoardSECTION 378sMatters to be transacted at general meetingSECTION 378tLiability of DirectorsSECTION 378uCommittee of DirectorsSECTION 378vMeetings of Board and quorumSECTION 378wChief Executive and his functionsSECTION 378xSecretary of Producer CompanySECTION 378yQuorumSECTION 378zVoting rightsSECTION 378ZAAnnual general meetingsSECTION 378ZBShare capitalSECTION 378ZDTransferability of shares and attendant rightsSECTION 378ZEbooks of accountSECTION 378ZFInternal AuditSECTION 378ZGDuties of auditor under this ChapterSECTION 378ZH Donation or subscription by Producer CompanySECTION 378Z-IGeneral and other reservesSECTION 378ZJIssue of bonus sharesSECTION 378ZKLoan, etc, to MembersSECTION 378ZMPenalty for contraventionSECTION 378ZNAmalgamation, merger or division, etc, to form new Producer CompaniesSECTION 378Z-ODisputesSECTION 378ZPStrike off name of Producer CompanySECTION 378ZQProvisions of this Chapter to override other lawsSECTION 378ZRApplication of provisions relating to private companiesSECTION 378ZSRe-conversion of Producer Company to inter-State co-operative societySECTION 378ZTPower to modify Act in its application to Producer CompaniesSECTION 378ZUPower to make rulesSECTION 379 Application of Act to foreign companiesSECTION 380Documents, etc., to be delivered to Registrar by foreign companiesSECTION 381Accounts of Foreign CompanySECTION 382Display of Name, etc., of Foreign CompanySECTION 383Service on Foreign CompanySECTION 384Debentures, Annual Return, Registration of Charges, Books of Account and Their InspectionSECTION 385 Fee for registration of documentsSECTION 386 InterpretationSECTION 387Dating of prospects and particulars to be contained therein.SECTION 388Provisions as to expert’s consent and allotmentSECTION 389 Registration of prospectusSECTION 390Offer of Indian Depository ReceiptsSECTION 393Company’s failure to comply with provisions of this Chapter not to affect validity of contracts, etcSECTION 392Punishment for ContraventionSECTION 391Application of Sections 34 to 36 and Chapter XXSECTION 393AExemptions under this ChapterSECTION 394 Annual reports on Government companiesSECTION 395Annual reports where one or more State Governments are members of companiesSECTION 396Registration officesSECTION 397Admissibility of Certain Documents as EvidenceSECTION 398Provisions Relating to Filing of Applications, Documents, Inspection, etc., in Electronic FormSECTION 399Inspection, Production and Evidence of Documents Kept by RegistrarSECTION 400Electronic form to be exclusive, alternative or in addition to physical formSECTION 401 Provision of Value Added Services Through Electronic FormSECTION 402Application of Provisions of Information Technology Act, 2000SECTION 403Fee For Filing, etcSECTION 404Fees, etc., to be Credited into Public AccountSECTION 405Power of Central Government to Direct Companies to Furnish Information or StatisticsSECTION 406Power to Modify Act in its Application to NidhisSECTION 407DefinitionsSECTION 408Constitution of National Company Law TribunalSECTION 409Qualification of President and Members of TribunalSECTION 410Constitution of Appellate Tribunal.SECTION 411Qualifications of Chairperson and Members of Appellate Tribunal.SECTION 412Selection of Members of Tribunal and Appellate TribunalSECTION 413Term of Office of President, Chairperson and Other MembersSECTION 414Salary, Allowances and Other Terms and Conditions of Service of MembersSECTION 415Acting President and Chairperson of Tribunal or Appellate TribunalSECTION 416 Resignation MembersSECTION 417Removal MembersSECTION 417aNotwithstanding anything contained in this Act, the qualifications,SECTION 418Staff of Tribunal and Appellate TribunalSECTION 418aBenches of Appellate TribunalSECTION 419Benches of Tribunal & Notified Date of Section : 01/06/2016SECTION 420 Orders of TribunalSECTION 421Appeal from Orders of TribunalSECTION 422Expeditious Disposal by Tribunal and Appellate TribunalSECTION 423Appeal to Supreme CourtSECTION 424 Procedure Before Tribunal and Appellate TribunalSECTION 425Power to Punish for ContemptSECTION 426Delegation of PowersSECTION 427President, Members, Officers, etc., to be Public ServantsSECTION 428Protection of Action Taken in Good Faith.SECTION 429Power to Seek Assistance of Chief Metropolitan Magistrate, etc.SECTION 430 Civil Court Not to Have JurisdictionSECTION 431Vacancy in Tribunal or Appellate Tribunal not to Invalidate Acts or ProceedingsSECTION 432 Right to Legal RepresentationSECTION 433 LimitationSECTION 434Transfer of Certain Pending ProceedingsSECTION 435 Establishment of Special CourtsSECTION 436Offences Triable by Special CourtsSECTION 437Appeal and revisionSECTION 438Application of Code to proceedings before Special CourtSECTION 439Offences to be non-cognizableSECTION 440Transitional provisionsSECTION 441Compounding of certain offencesSECTION 442 Mediation and Conciliation PanelSECTION 443 Power of Central Government to appoint company prosecutorsSECTION 444Appeal against acquittalSECTION 445Compensation for accusation without reasonable causeSECTION 446Application of finesSECTION 446aThe court or the Special Court, SECTION 446bpenalty is payable for non-compliance of any of the provisionsSECTION 447Punishment for fraudSECTION 448Punishment for false statementSECTION 449Punishment for false evidenceSECTION 450Punishment where no specific penalty or punishment is provided.SECTION 451Punishment in Case of Repeated DefaultSECTION 452Punishment for wrongful withholding of propertySECTION 453Punishment for Improper Use of “Limited” or “Private LimitedSECTION 454Adjudication of penaltiesSECTION 454aPenalty for repeated defaultSECTION 455Dormant CompanySECTION 456Protection of Action Taken in Good FaithSECTION 457Nondisclosure of Information in Certain CasesSECTION 458Delegation by Central Governemnt of its Powers and FunctionsSECTION 459Powers 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 CasesSECTION 461Annual Report by Central GovernmentSECTION 462 Power to Exempt Class or Classes of Companies from Provisions of this ActSECTION 463Power of Court to Grant Relief in Certain CasesSECTION 464Prohibition of Association or Partnership of Persons Exceeding Certain NumberSECTION 465Repeal of Certain Enactments and SavingsSECTION 466Dissolution of Company Law Board and Consequential ProvisionsSECTION 467Power of Central Government to Amend SchedulesSECTION 468 Powers of Central Government to Make Rules Relating to Winding UpSECTION 469Power of Central Government to Make RulesSECTION 470Power to Remove DifficultiesSCHEDULE IMemorandum of Association of A Company Limited by SharesSCHEDULE IMemorandum of Association of A Company Limited by Guarantee and Not Having A Share CapitalSCHEDULE IMemorandum of Association of A Company Limited by Guarantee and Having A Share CapitalSCHEDULE IMemorandum of Association of AN UNLimited Company and Not Having Share CapitalSCHEDULE IMemorandum of Association of AN UNLimited Company and Having Share CapitalSCHEDULE IArticles of Association of A Company Limited by SharesSCHEDULE IArticles of Association of A Company Limited by Guarantee and Having A Share CapitalSCHEDULE IArticles of Association of A Company Limited by Guarantee and Not Having Share CapitalSCHEDULE IArticles of Association of AN UNLimited Company and Having A Share CapitalSCHEDULE IArticles of Association of AN UNLimited Company and Not Having Share CapitalSCHEDULE IIUseful Lives to Compute DepreciationSCHEDULE IIUSeful Lives to Compute DepreciationSCHEDULE IIUSeful Lives to Compute DepreciationSCHEDULE IIIFinancial Statements for a company whose Financial Statements are required to comply with the CompaniesSCHEDULE IIIFinancial Statements for a company whose financial statements are drawn up in compliance of the Companies (Indian Accounting Standards) Rules, 2015.SCHEDULE IIIFinancial Statements for a Non-Banking Financial Company (NBFC) whose financial statements are drawn up in compliance of the Companies.SCHEDULE IVCode for Independent DirectorsSCHEDULE VAppointmentsSCHEDULE VIinfrastructural projectsSCHEDULE VIIActivities which may be included by companies in their Corporate Social Responsibility Policies Activities relating
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