Applicability of sections 149 and 165: public companies registered under Part IX remain subject to those statutory requirements. Under section 578(1) all provisions of the Act apply to companies registered under Part IX subject to the exceptions listed in clauses (a)-(g); accordingly, sections 149 and 165 are fully applicable to public companies registered under Part IX and such companies must comply with the duties and governance requirements set out in those sections.
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.
Applicability of sections 149 and 165: public companies registered under Part IX remain subject to those statutory requirements.
Under section 578(1) all provisions of the Act apply to companies registered under Part IX subject to the exceptions listed in clauses (a)-(g); accordingly, sections 149 and 165 are fully applicable to public companies registered under Part IX and such companies must comply with the duties and governance requirements set out in those sections.
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