Exemption from Section 293A provisions for companies named electoral trust licensed under section 25 of Companies Act. Companies whose name contains the phrase electoral trust, incorporated under the Electoral Trusts Scheme, 2013 and holding a licence under the Companies Act for licensed non-profit companies, are wholly exempted from the application of the restrictive provisions specified in clause (b) of sub section (1) and sub section (2) of section 293A of the Companies Act.
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.
Exemption from Section 293A provisions for companies named electoral trust licensed under section 25 of Companies Act.
Companies whose name contains the phrase electoral trust, incorporated under the Electoral Trusts Scheme, 2013 and holding a licence under the Companies Act for licensed non-profit companies, are wholly exempted from the application of the restrictive provisions specified in clause (b) of sub section (1) and sub section (2) of section 293A of the Companies Act.
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