Companies Act applicability to corporate entities establishes commencement flexibility and sectoral exceptions where special Acts prevail. The Act designates itself the Companies Act and extends to the whole of India, permits staged commencement of provisions by Central Government notification, and applies to companies formed under this or prior company law. Application to insurance, banking, electricity and companies under special Acts is subject to non inconsistency with those special statutes, and the Central Government may notify other bodies corporate for application of the Act with specified exceptions, modifications or adaptations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Companies Act applicability to corporate entities establishes commencement flexibility and sectoral exceptions where special Acts prevail.
The Act designates itself the Companies Act and extends to the whole of India, permits staged commencement of provisions by Central Government notification, and applies to companies formed under this or prior company law. Application to insurance, banking, electricity and companies under special Acts is subject to non inconsistency with those special statutes, and the Central Government may notify other bodies corporate for application of the Act with specified exceptions, modifications or adaptations.
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