Company Law - Corporate Law Reporter

Commencement Notification CA2013 :: Miscellaneous :: Section 467 :: Power of Central Government to amend Schedules.

Chapter XXIX Miscellaneous (447 - 470) Section 467- Power of Central Government to amend Schedules (1) Subject to the provisions of this section, the Central Government may, by notification, alter any of the regulations, rules, Tables, forms and other provisions contained in any of the Schedules to this Act. (2) Any alteration notified under sub-section (1) shall have… Read More

Commencement Notification CA2013 :: Miscellaneous :: Section 463 :: Power of Court to grant relief in certain cases

Chapter XXIX Miscellaneous (447 - 470) Section 463- Power of Court to grant relief in certain cases (1) If any proceeding for negligence, default, breach of duty, misfeasance or breach of trust against an officer of a company, it appears to the court hearing the case that he is or may be liable in respect… Read More

Commencement Notification CA2013 :: Miscellaneous :: Section 462 :: Power to exempt a class or classes of companies from provisions of this Act.

Chapter XXIX Miscellaneous (447 - 470) Section 462- Power to exempt a class or classes of companies from provisions of this Act (1) The Central Government may in the public interest, by notification direct that any of the provisions of this Act,” (a) shall not apply to such class or classes of companies; or (b)… Read More

Commencement Notification CA2013 :: Miscellaneous :: Section 461 :: Annual report by Central Government

Chapter XXIX Miscellaneous (447 - 470) Section 461- Annual report by Central Government The Central Government shall cause a general annual report on the working and administration of this Act to be prepared and laid before each House of Parliament within one year of the close of the year to which the report relates. Read More

Commencement Notification CA2013 :: Miscellaneous :: Section 460 :: Condonation of delay in certain cases

Chapter XXIX Miscellaneous (447 - 470) Section 460- Condonation of delay in certain cases Notwithstanding anything contained in this Act,” (a) where any application required to be made to the Central Government under any provision of this Act in respect of any matter is not made within the time specified therein, that Government may, for… Read More

Commencement Notification CA2013 :: Miscellaneous :: Section 459 :: Powers of Central Government or Tribunal to accord approval, etc., subject to conditions and to prescribe fees on applications

Chapter XXIX Miscellaneous (447 - 470) Section 459- Powers of Central Government or Tribunal to accord approval, etc., subject to conditions and to prescribe fees on applications (1) Where the Central Government or the Tribunal is required or authorised by any provision of this Act” (a) to accord approval, sanction, consent, confirmation or recognition to… Read More

Commencement Notification CA2013 :: Miscellaneous :: Section 458 :: Delegation by Central Government of its powers and functions

Chapter XXIX Miscellaneous (447 - 470) Section 458- Delegation by Central Government of its powers and functions (1) The Central Government may, by notification, and subject to such conditions, limitations and restrictions as may be specified therein, delegate any of its powers or functions under this Act other than the power to make rules to… Read More

Commencement Notification CA2013 :: Miscellaneous :: Section 457 :: Non-disclosure of information in certain cases

Chapter XXIX Miscellaneous (447 - 470) Section 457- Non-disclosure of information in certain cases Notwithstanding anything contained in any other law for the time being in force, the Registrar, any officer of Government or any other person shall not be compelled to disclose to any court, tribunal or other authority the source from where he… Read More

Commencement Notification CA2013 :: Miscellaneous :: Section 456 :: Protection of action taken in good faith

Chapter XXIX Miscellaneous (447 - 470) Section 456- Protection of action taken in good faith No suit, prosecution or other legal proceeding shall lie against the Government or any officer of Government or any other person in respect of anything which is in good faith done or intended to be done in pursuance of this… Read More

Commencement Notification CA2013 :: Miscellaneous :: Section 453 :: Punishment for improper use of “Limited” or “Private Limited”

Chapter XXIX Miscellaneous (447 - 470) Section 453- Punishment for improper use of "Limited" or "Private Limited" If any person or persons, trade or carry on business under any name or title of which the word Limited or the words Private Limited, or any contraction or imitation thereof is or are the last word or… Read More

Commencement Notification CA2013 :: Miscellaneous :: Section 452 :: Punishment for wrongful withholding of property

Chapter XXIX Miscellaneous (447 - 470) Section 452- Punishment for wrongful withholding of property (1) If any officer or employee of a company” (a) wrongfully obtains possession of any property, including cash of the company; or (b) having any such property including cash in his possession, wrongfully withholds it or knowingly applies it for the… Read More

Commencement Notification CA2013 :: Miscellaneous :: Section 451 :: Punishment in case of repeated default

Chapter XXIX Miscellaneous (447 - 470) Section 451- Punishment in case of repeated default If a company or an officer of a company commits an offence punishable either with fine or with imprisonment and where the same offence is committed for the second or subsequent occasions within a period of three years, then, that company… Read More

Commencement Notification CA2013 :: Miscellaneous :: Section 450 :: Punishment where no specific penalty or punishment is provided.

Chapter XXIX Miscellaneous (447 - 470) Section 450- Punishment where no specific penalty or punishment is provided If a company or any officer of a company or any other person contravenes any of the provisions of this Act or the rules made there under, or any condition, limitation or restriction subject to which any approval,… Read More