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akjain.ca@gmail.com CA Arun Kumar Jain


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Companies_Act,_1956

Section / Rule Number Content


416 Contracts by agents of company in which company is undisclosed principal
417 Employees' securities to be deposited in post office savings bank or Scheduled Bank
418 Provisions applicable to provident funds of employees
419 Right of employee to see bank's receipt for moneys or securities referred to in Section 417 or 418
420 Penalty for contravention of Sections 417, 418 and 419
421 Filing of accounts of receivers
422 Invoices etc to refer to receiver where there is one
423 Penalty for non-compliance with sections 421 and 422
424 Applications of sections 421 to 423 to receivers and managers appointed by Tribunal and managers appointed in pursuance of an instrument
424A Reference to Tribunal
424B Inquiry into working of sick industrial companies
424C Powers of Tribunal to make suitable order on completion of inquiry
424D Preparation and sanction of schemes
424E Rehabilitation by giving financial assistance
424F Arrangement for continuing operations, etc., during inquiry
424G Winding up of sick industrial company
424H Operating agency to prepare complete inventory, etc
424I Direction not to dispose of assets
424J Power of Tribunal to call for periodic information
424K Misfeasance proceedings
424L Penalty for certain offences

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