Meaning of "officer who is in default".
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....ine or otherwise, the expression "officer who is in default" means all the following officers of the company, namely: (a) the managing director or managing directors; (b) the whole-time director or whole-time directors; (c) the manager; (d) the secretary; (e) ....
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....scribed form.] ----------------------- Notes:- [1] Substituted by the Companies (Amendment) Act, 1988, w.e.f. 15-7-1988 for section 5 which read as under: [Rule 4BB of General Rules & Forms, 1956 prescribes e-Form No. 1AB under this section.]. 5. Meaning of "officer who is in default". For the purpose of any provision in this Act which enacts that an officer of the ....
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