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Bare acts > Companies Act, 1956
 
 
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SECTIONS Section 522-658 : COMPANIES ACT, 1956
   
  CHAPTER IV : WINDING UP SUBJECT TO SUPERVISION OF COURT
   
522. Power to order winding up subject to supervision
523. Effect of petition for winding up subject to supervision
524. [Repealed]
525. [Repealed]
526. [Repealed]
527. [Repealed]
   
  CHAPTER V : PROVISIONS APPLICABLE TO EVERY MODE OF WINDING UP
  Proof and ranking of claims
528. Debts of all descriptions to be admitted to proof
529. Application of insolvency rules in winding up of insolvent companies
529-A. Overriding preferential payment
530. Preferential payments
  Effect of winding up on antecedent and other transactions
531. Fraudulent preference
531-A. Avoidance of voluntary transfer
532. Transfers for benefit of all creditors to be void
533. Liabilities and rights of certain fraudulently preferred persons
534. Effect of floating charge
535. Disclaimer of onerous property in case of a company which is being wound up
536. Avoidance of transfers, etc., after commencement of winding up
537. Avoidance of certain attachments, executions, etc., in winding up by Tribunal
  Offences antecedent to or in course of winding up
538. Offences by officers of companies in liquidation
539. Penalty for falsification of books
540. Penalty for frauds by officers
541. Liability where proper accounts not kept
542. Liability for fraudulent conduct of business
543. Power of Tribunal to assess damages against delinquent directors, etc.
544. Liability under sections 542 and 543 to extend to partners or directors in firm or company
545. Prosecution of delinquent officers and members of company
  Miscellaneous provisions
546. Liquidator to exercise certain powers subject to sanction
547. Notification that a company is in liquidation
548. Books and papers of company to be evidence
549. Inspection of books and papers by creditors and contributories
550. Disposal of books and papers of company
551. Information as to pending liquidations
552. Official Liquidator to make payments into the public account of India
553. Voluntary liquidator to make payments into Scheduled Bank
554. Liquidator not to pay moneys into private banking account
555. Unpaid dividends and undistributed assets to be paid into the Companies Liquidation Account
556. Enforcement of duty of liquidator to make returns, etc.
  Supplementary powers of Tribunal
557. Meetings to ascertain wishes of creditors or contributories
558. Court or person before whom affidavit may be sworn
  Provisions as to dissolution
559. Power of Court to declare dissolution of company void
560. Power of Registrar to strike defunct company off register
   
  PART VIII: APPLICATION OF ACT TO COMPANIES FORMED OR REGISTERED UNDER PREVIOUS COMPANIES LAWS
561. Application of Act to companies formed and registered under previous companies laws
562. Application of Act to companies registered but not formed under previous companies laws
563. Application of Act to unlimited companies re-registered under previous companies laws
564. Mode of transferring shares in the case of companies registered under Acts 19 of 1857 and 7 of 1860
   
  PART IX : COMPANIES AUTHORISED TO REGISTER UNDER THIS ACT
565. Companies capable of being registered
566. Definition of "joint-stock company"
567. Requirements for registration of joint-stock companies
568. Requirements for registration of companies not being "joint-stock companies"
569. Authentication of statements of existing companies
570. Power of Registrar to require evidence as to nature of company
571. Notice to customers on registration of banking company with limited liability
572. Change of name for purposes of registration
573. Addition of "Limited" or "Private Limited" to name
574. Certificate of registration of existing companies
575. Vesting of property on registration
576. Saving for existing liabilities
577. Continuation of pending legal proceedings
578. Effect of registration under Part
579. Power to substitute memorandum and articles for deed of settlement
580. Power of Court to stay or restrain proceedings
581. Suits stayed on winding up order
   
  PART IXA: CHAPTER I : PRODUCER COMPANIES
581-A. Definitions
   
  CHAPTER II : INCORPORATION OF PRODUCER COMPANIES AND OTHER MATTERS
581-B. Objects of Producer Company
581-C. Formation of Producer Company and its registration
581-D. Membership and voting rights of Members of Producer Company
581-E. Benefits to Members
581-F. Memorandum of Producer Company
581-G. Articles of association
581-H. Amendment of memorandum
581-I. Amendment of articles
581-J. Option to inter-State co-operative societies to become Producer Companies
581-K. Effect of incorproation of Producer Company
581-L. Vesting of undertaking in Producer Company
581-M. Concession, etc., to be deemed to have been granted to Producer Company
581-N. Provisions in respect of officers and other employees of inter-State co-operative society
   
  CHAPTER III: MANAGEMENT OF PRODUCER COMPANY
581-O. Number of directors
581-P. Appointment of directors
581-Q. Vacation of office by directors
581-R. Powers and functions of Board
581-S. Matters to be transacted at general meeting
581-T. Liability of directors
581-U. Committee of directors
581-V. Meetings of Board and quorum
581-W. Chief Executive and his functions
581-X. Secretary of Producer Company
581-Y. Quorum
581-Z. Voting rights
   
  CHAPTER IV: GENERAL MEETINGS
581-ZA.. Annual general meetings
   
  CHAPTER V: SHARE CAPITAL AND MEMBERS RIGHTS
581-ZB. Share capital
581-ZC. Special user rights
581-ZD. Transferability of shares and attendant rights
   
  CHAPTER VI: FINANCE, ACCOUNTS AND AUDIT
581-ZE. Books of account
581-ZF. Internal audit
581-ZG. Duties of auditor under this Part
581-ZH. Donations or subscription by Producer Company
581-ZI. General and other reserves
581-ZJ. Issue of bonus shares
   
  CHAPTER VII: LOANS TO MEMBERS AND IN VESTMENTS
581-ZK. Loan, etc., to Members
581-ZL. Investment in other companies formation of subsidiaries, etc.
   
  CHAPTER VIII: PENALTIES
581-ZM. Penalty for contravention
   
  CHAPTER IX: AMALGAMATION, MERGER OR DIVISION
581-ZN. Amalgamation, merger or division, etc., to form new Producer Companies
   
  CHAPTER X: RESOLUTION OF DISPUTES
581-ZO. Disputes
   
  CHAPTER XI: MISCELLANEOUS PROVISIONS
581-ZP. Strike off name of Producer Company
581-ZQ. Provisions of this Part to override other laws
581-ZR. Application of provisions relating to private companies
   
 

CHAPTER XII: RECONVERSION OF PRODUCER COMPANY TO INTER-STATE CO-OPERATIVE SOCIETY

581-ZS. Reconversion of Producer Company to inter-State co-operative society
581-ZT. Power to modify Act in its application to Producer Companies
   
  PART X: WINDING UP OF UNREGISTERED COMPANIES
582. Meaning of "unregistered company"
583. Winding up of unregistered companies
584. Power to wind up foreign companies, although dissolved
585. Contributories in winding up of unregistered company
586. Power to stay or restrain proceedings
587. Suits, etc., stayed or winding up order
588. Directions as to property in certain cases
589. Provisions of Part cumulative
590. Saving and construction of enactments conferring power to wind up partnership, association or company in certain cases
   
  PART XI: COMPANIES INCORPORATED OUTSIDE INDIA
  Provisions as to establishment of places of business in India
591. Application of sections 592 to 602 to foreign companies
592. Documents, etc., to be delivered to Registrar by foreign companies carrying on business in India
593. Return to be delivered to Registrar by foreign company where documents, etc., altered
594. Accounts of foreign company
595. Obligation to state name of foreign company, whether limited, and country where incorporated
596. Service on foreign company
597. Office where documents to be delivered
598. Penalties
599. Company's failure to comply with Part not to affect its liability under contracts, etc.
600. Registration of charges, appointment of receiver and books of account
601. Fees for registration of documents under Part
602. Interpretation of foregoing sections of Part
  Prospect uses
603. Dating of prospectus and particulars to be contained therein
604. Provisions as to expert's consent and allotment
605. Registration of prospectus
605-A. Offer of Indian Depository Receipts
606. Penalty for contravention of sections 603, 604 and 605.
607. Civil liability for mis-statements in prospectus
608. Interpretation of provisions as to prospectuses
   
  PART XII: REGISTRATION OFFICES AND OFFICERS AND FEES
609. Registration offices
610. Inspection, production and evidence of documents kept by Registrar
610-A. Admissibility of micro films, facsimile copies of documents, computer printouts and documents on computer media as documents and as evidence
610-B. Provisions relating to filing of applications, documents, inspection, etc., through electronic form
610-C. Power to modify Act in relation to electronic records (including the manner and form in which electronic records shall be filed)
610-D. Providing of value added services through electronic form
610-E. Application of provision of Act 21 of 2000.
611. Fees in Schedule X to be paid 471
612. Fees, etc., paid to Registrar and other officers to be accounted for to Central Government
613. Power of Central Government to reduce fees, charges, etc.
614. Enforcement of duty of company to make returns, etc., to Registrar
614-A. Power of Court trying offences under the Act to direct the filing of documents with Registrar
   
  PART XIII: GENERAL
  Collection of information and statistics from companies
615. Power of Central Government to direct companies to furnish information or statistics
  Application of Act to companies governed by special Acts
616. Application of Act to insurance, banking, electricity supply and other companies governed by special Acts
  Application of Act to Government companies
617. Definition of "Government Company"
618. [Repealed]
619. Application of sections 224 to 233 to Government companies
619-A. Annual reports on Government companies
619-B. Provisions of section 619 to apply to certain companies
620. Power to modify Act in relation to Government companies
  Modification of Act in its application to Nidhis and Mutual Benefit Societies
620-A. Power to modify Act in its application to Nidhis, etc.
  Special provision as to companies ñ Goa, Daman and Diu
620-B. Special provision as to companies in Goa, Daman and Diu
  Special pro vision as to companies in Jammu and Kashmir
620-C. Special provision as to companies in Jammu and Kashmir
  Offences
621. Offences against Act to be cognizable only on complaint by Registrar, shareholder or Government
621-A. Composition of certain offences
622. Jurisdiction to try offences
623. Certain offences, triable summarily in Presidency towns
624.

Offences to be non-cognizable

624-A. Power of Central Government to appoint company prosecutors
624-B. Appeal against acquittal
625. Payment of compensation in cases of frivolous or vexatious prosecution
626. Application of fines
627. Production and inspection of books where offence suspected
628. Penalty for false statements
629. Penalty for false evidence
629-A. Penalty where no specific penalty is provided elsewhere in the Act
630. Penalty for wrongful withholding of property
631. Penalty for improper use of words "Limited" and "Private Limited"
  Legal proceedings
632. Power to require limited company to give security for costs
633. Power of Court to grant relief in certain cases
634. Enforcement of orders of Courts
634-A. Enforcement of orders of Company Law Board
635. Enforcement of orders of one Court by other Courts
635-A. Protection of acts done in good faith
635-AA. Non-disclosure of information in certain cases
  Temporary protection of employees
635-B. Protection of employees during investigation by Inspector or pendency of proceeding before Appellate Tribunal in certain cases
  Reduction of fees payable to company
636. Reduction of fees, charges, etc., payable to company
  Delegation of powers and functions of Central Government
637. Delegation by Central Government of its powers and functions under Act
  Grant of approval, etc., subject to conditions and levy of fees on applications
637-A. Power of Central Government or Tribunal to accord approval, etc., subject to conditions and to prescribe fees on applications
637-AA. Power of Central Government to fix a limit with regard to remuneration
637-B. Condonation of delays in certain cases
  Annual report on working of act
638. Annual report by Central Government
639. [Repealed]
  Validation of registration of firms in certain cases
640. Validation of registration of firms as members of charitable and other companies
  Computation of time for filing orders of Court or the Tribunal
640-A. Exclusion of time required in obtaining copies of orders of Court or Company Law Board
  Schedules, Forms and Rules
640-B. Forms of, and procedure in relation to, certain applications
641. Power to alter Schedules
642. Power of Central Government to make rules
643. Power of Central government to make rules relating to winding up
  Repeals and savings
644. Repeal of Acts specified in Schedule XII
645. Saving of orders, rules, etc., in force at commencement of Act
646. Saving of operation of section 138 of Act 7 of 1913
647. Saving of pending proceedings for winding up
647-A. Transfer of winding up proceedings to Tribunal
648. Saving of prosecutions instituted by liquidator or Court under section 237 of Act 7 of 1913
649. Construction of references to former enactments in documents
650. Construction of "registrar of joint stock companies" in Act 21 of 1860
651. Construction of references to extraordinary resolution in articles, etc.
651-A. Reference of winding up of companies in other laws
652. Appointment under previous companies laws to have effect as if made under Act
653. Former registration offices continued
654. Registers under previous companies laws to be deemed to be part of registers under Act
655. Funds and accounts under Act to be in continuation of funds and accounts under previous companies law
656. Saving of incorporation under repealed Acts
657. Saving of certain Tables under previous companies laws
658. Section 6 of the General Clauses Act, 1897 (10 of 1897) to apply in addition to sections 645 to 657 of Act
 
 
 
 
SECTION : 124-251 SECTION : 252-377
SECTION : 378-521 SECTION : 522-658
SCHEDULE : I SCHEDULE : IA
SCHEDULE : II SCHEDULE : III
SCHEDULE : IV SCHEDULE : V
SCHEDULE : VI SCHEDULE : V
SCHEDULE : IX SCHEDULE : X
SCHEDULE : XI SCHEDULE : XII
SCHEDULE : XIII SCHEDULE : XIV
SCHEDULE : XV  

 

 
 

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