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