Company Act

Guarantee , Limited company , Private company limited by shares

The Companies Act, 1956
Sec 1 Short title, and commencement (1) This Act may be called the Companies (Amendment) Act, 2000. (2) The provisions of this Act, other than sections 7 and 75, shall come into force at once and sections 7 and 75 shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint. Sec 2 Definitions

In this Act, unless the context otherwise requires, (1) "abridged prospectus" means a memorandum containing such salient features of a prospectus as may be prescribed; (1A) " alter " and " alteration " shall include the making of additions and omissions ; (2) " articles " means the articles of association of a company as originally framed or as altered from time to time in pursuance of any previous companies law or of this Act, including, so far as they apply to the company, the regulations contained, as the case may be, in Table B in the Schedule annexed to Act No. 19 of 1857 or in Table A in the First Schedule annexed to the Indian Companies Act, 1882 (6 of 1882), or in Table A in the First Schedule annexed to the Indian Companies Act, 1913 (7 of 1913), or in Table A in Schedule I annexed to this Act ; [(3) ****] Omitted by the Companies (Amendment) Act, 2000 [(4) ****] Omitted by the Companies (Amendment) Act, 2000 (5) " banking company " has the same meaning as in the Banking Companies Act, 1949 (10 of 1949) ; (6) " Board of directors " or " Board ", in relation to a company, means the Board of directors of the company ; (7) " body corporate " or " corporation " includes a company incorporated outside India but does not include (a) a corporation sole ; (b) a co-operative society registered under any law relating to co-operative societies ; and (c) any other body corporate (not being a company as defined in this Act), which the Central Government may, by notification in the Official Gazette, specify in this behalf ; (8) " book and paper " and " book or paper " include accounts, deeds,...
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