COMPANIES ACT, 2013


CHAPTER- I
PRELIMINARY


SECTION 1 – Short title, extent, commencement and application
SECTION 2 – Definitions


CHAPTER- II
INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO


SECTION 3 – Formation of company
SECTION 3A – Members severally liable in certain cases.
SECTION 4 – Memorandum
SECTION 5 – Articles
SECTION 6 – Act to override 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 10A – Commencement of business, etc.
SECTION 11 – [Omitted]
SECTION 12 – Registered office of company.
SECTION 13 – Alteration of memorandum.
SECTION 14 – Alteration of articles.
SECTION 15 – Alteration of memorandum or 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


CHAPTER- III
PROSPECTUS AND ALLOTMENT OF SECURITIES

Part I – Public offer


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 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


Part II – Private placement


SECTION 42 – Issue of shares on private placement basis.


CHAPTER- IV
SHARE CAPITAL AND DEBENTURES


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 shares
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


CHAPTER- V
ACCEPTANCE OF DEPOSITS BY COMPANIES


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


CHAPTER- VI
REGISTRATION OF CHARGES


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 Central Government in register of charges


CHAPTER- VII
MANAGEMENT AND ADMINISTRATION


SECTION 88 – Register of members, etc.
SECTION 89 – Declaration in respect of beneficial interest in any share
SECTION 90 – Register of significant beneficial owners in a company
SECTION 91 – Power to close register of members or debenture-holders or other security holders
SECTION 92 – Annual return
SECTION 93 – Omitted
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-books 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


CHAPTER- VIII
DECLARATION AND PAYMENT OF DIVIDEND


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


CHAPTER- IX
ACCOUNTS OF COMPANIES


SECTION 128 – Books of account, etc., to be kept by company
SECTION 129 – Financial statement
SECTION 129A – Periodical financial results
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


CHAPTER- X
AUDIT AND AUDITORS


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 – Auditor 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


CHAPTER- XI
APPOINTMENT AND QUALIFICATIONS OF DIRECTORS


SECTION 149 – Company to have Board of Directors
SECTION 150 – Manner of selection of independent directors and maintenance of databank 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 – Penalty for default of certain provisions
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 – Penalty


CHAPTER- XII
MEETINGS OF BOARD AND ITS POWERS


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 Stakeholders 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 – Loans 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


CHAPTER- XIII
APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL


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 company to fix 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 company secretary


CHAPTER- XIV
INSPECTION, INQUIRY AND INVESTIGATION


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 inspector to conduct investigation into affairs of related companies, etc.
SECTION 220 – Seizure of documents by inspector
SECTION 221 – Freezing of assets of company on 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


CHAPTER- XV
COMPROMISES, ARRANGEMENTS AND AMALGAMATIONS


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.


CHAPTER- XVI
PREVENTION OF OPPRESSION AND MISMANAGEMENT


SECTION 241 – Application to Tribunal for relief in cases of oppression, etc.
SECTION 242 – Powers of Tribunal
SECTION 243 – Consequence of termination or modification 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


CHAPTER- XVII
REGISTERED VALUERS


SECTION 247 – Valuation by registered valuers


CHAPTER- XVIII
REMOVAL OF NAMES OF COMPANIES FROM THE REGISTER OF COMPANIES


SECTION 248 – Power of Registrar to remove name of company from register of companies
SECTION 249 – Restrictions on making application under SECTION 248 in certain situations
SECTION 250 – Effect of company notified as dissolved
SECTION 251 – Fraudulent application for removal of name
SECTION 252 – Appeal to Tribunal


CHAPTER- XIX
REVIVAL AND REHABILITATION OF SICK COMPANIES

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 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 268 – Bar of jurisdiction.
Section 269 – Rehabilitation and Insolvency Fund.

CHAPTER- XX
WINDING UP


SECTION 270 – Winding up by Tribunal


Part I – Winding up by the Tribunal


SECTION 271 – Circumstances in which 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 cooperate 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


Part II – Voluntary winding up

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.


Part III – Provisions applicable to every mode of winding up


SECTION 324 – Debts of all descriptions 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 – Transfer 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 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 – Court, 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


Part IV – Official liquidators


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


CHAPTER- XXI
Part I – Companies authorised to register under this Act


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 of 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


Part II – Winding up of unregistered companies


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 firm, association or company, etc., in certain cases


CHAPTER- XXII
COMPANIES INCORPORATED OUTSIDE INDIA

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.


CHAPTER- XXIII
GOVERNMENT COMPANIES


SECTION 394 – Annual reports on Government companies
SECTION 395 – Annual reports where one or more State Governments are members of companies


CHAPTER- XXIV
REGISTRATION OFFICES AND FEES


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


CHAPTER- XXV
COMPANIES TO FURNISH INFORMATION OR STATISTICS


SECTION 405 – Power of Central Government to direct companies to furnish information or statistics


CHAPTER- XXVI
NIDHIS


SECTION 406 – Provision relating to Nidhis and its application, etc.


CHAPTER- XXVII
NATIONAL COMPANY LAW TRIBUNAL AND APPELLATE TRIBUNAL

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 – Qualifications 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 or Appellate Tribunal
SECTION 416 – Resignation of Members
SECTION 417 – Removal of Members
SECTION 417A – Qualifications, terms and conditions of service of Chairperson and Member.
SECTION 418 – Staff of Tribunal and Appellate Tribunal
SECTION 418A – Benches of 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 or Appellate Tribunal not to invalidate acts or proceedings
SECTION 432 – Right to legal representation
SECTION 433 – Limitation
SECTION 434 – Transfer of certain pending proceedings


CHAPTER- XXVIII
SPECIAL COURTS


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 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

CHAPTER- XXIX
MISCELLANEOUS


SECTION 447 – Punishment for fraud
SECTION 448 – Punishment for false statement
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 454A – Penalty for repeated default
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 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 – Powers 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


SCHEDULE I
SCHEDULE II
SCHEDULE III
SCHEDULE IV
SCHEDULE V
SCHEDULE VI
SCHEDULE VII