IMPORTANT on currency. Several provisions this subject touches have been amended since the Act was passed: the minimum paid-up capital in ss. 2(68) and 2(71) and s. 11 were removed, and ss. 42, 77, 135(5), 182 and 185 and Schedule VII have all been altered. s. 90 now deals with significant beneficial ownership. Where a figure, a threshold or a procedure matters to your answer, check the section as it stands today — each chapter says where this applies.
The sections below are the ones the LL.B. papers examine on this Act, with the unit that covers each and the cases decided on it. The official text is on India Code ↗.
Sections in the syllabus
s. 2
s. 2(69)
Covered in Unit 1 · Incorporation, Prospectus and Securities.
s. 3
s. 3(1)
s. 4
Covered in Unit 1 · Incorporation, Prospectus and Securities.
s. 4(1)(d)
s. 5(1)
s. 6
s. 7
s. 7(6)
s. 7(7)
Covered in Unit 2 · Deposits, Charges, Meetings, Dividend and Audit.
s. 8
s. 9
Covered in Unit 1 · Incorporation, Prospectus and Securities.
s. 10
Covered in Unit 1 · Incorporation, Prospectus and Securities.
s. 10(1)
s. 11
s. 12
s. 13
s. 14
s. 35
Covered in Unit 1 · Incorporation, Prospectus and Securities.
s. 37
s. 60(4)
s. 60(5)
s. 61
s. 65
s. 65(1)
s. 65(2)
s. 66
Covered in Unit 1 · Incorporation, Prospectus and Securities.
s. 67
s. 69
s. 73
Covered in Unit 2 · Deposits, Charges, Meetings, Dividend and Audit.
s. 77(1)
s. 77(2)
s. 77(3)
s. 77(4)
s. 80
s. 81
s. 96
Covered in Unit 2 · Deposits, Charges, Meetings, Dividend and Audit.
s. 114
Covered in Unit 2 · Deposits, Charges, Meetings, Dividend and Audit.
s. 123
Covered in Unit 2 · Deposits, Charges, Meetings, Dividend and Audit.
s. 135
Covered in Unit 4 · CSR, Winding Up, Governance and Insider Trading.
s. 139
Covered in Unit 2 · Deposits, Charges, Meetings, Dividend and Audit.
s. 149
Covered in Unit 3 · Directors, the Board and Minority Protection.
s. 153
s. 166
Covered in Unit 3 · Directors, the Board and Minority Protection.
s. 166(2)
s. 166(4)
s. 166(5)
s. 166(7)
s. 179
Covered in Unit 1 · Incorporation, Prospectus and Securities.
s. 180
Covered in Unit 3 · Directors, the Board and Minority Protection.
s. 180(5)
s. 184
s. 188
Covered in Unit 3 · Directors, the Board and Minority Protection.
s. 189
s. 210
s. 241
Covered in Unit 3 · Directors, the Board and Minority Protection.
s. 241(1)(b)
s. 242
s. 244
s. 245
Covered in Unit 3 · Directors, the Board and Minority Protection.
s. 245(1)(a)
s. 247
Covered in Unit 4 · The Institutional Framework.
s. 270
s. 271
Covered in Unit 4 · CSR, Winding Up, Governance and Insider Trading.
s. 271(e)
s. 271(g)
s. 272
s. 327
Covered in Unit 4 · CSR, Winding Up, Governance and Insider Trading.
s. 339
Covered in Unit 1 · Incorporation, Prospectus and Securities.
s. 397
s. 398
s. 402
s. 403
s. 409
Covered in Unit 4 · CSR, Winding Up, Governance and Insider Trading.
s. 409(3)
s. 409(3)(a)
s. 411(3)
s. 412(2)
s. 425
s. 447
Cases on this Act
- Salomon v. Salomon & Co., Ltd. (1897)
- Lee v. Lee's Air Farming, Ltd. (1960)
- In re Sir Dinshaw Maneckjee Petit (1927)
- Gilford Motor Co., Ltd. v. Horne (1933)
- Daimler Co., Ltd. v. Continental Tyre and Rubber Co. (Great Britain), Ltd. (1916)
- Workmen v. Associated Rubber Industry Ltd. (1985)
- Subhra Mukherjee v. Bharat Coking Coal Ltd. (2000)
- Erlanger v. New Sombrero Phosphate Co. (1878)
- Ashbury Railway Carriage and Iron Company Limited v. Riche (1875)
- The Royal British Bank v. Turquand (1856)
- Freeman & Lockyer (A Firm) v. Buckhurst Park Properties (Mangal), Ltd. (1964)
- Kotla Venkataswamy v. Chinta Ramamurthy (1934)
- Re Introductions, Ltd.; Introductions, Ltd. v. National Provincial Bank Ltd. (1969)
- Dehradun-Mussoorie Electric Tramway Co. v. Jagmandar Das and Others (1932)
- Percival v. Wright (1902)
- Regal (Hastings) Ltd. v. Gulliver (1942) and Industrial Development Consultants Ltd. v. Cooley (1972)
- Foss v. Harbottle (1843)
- Shanti Prasad Jain v. Kalinga Tubes Ltd. (1965)
- Winding up on the just and equitable ground: In re German Date Coffee Company (1882) and Seth Mohan Lal v. Grain Chambers, Muzaffarnagar (1968)
- The Tribunals: Madras Bar Association v. Union of India (2015) and Embassy Property Developments Pvt. Ltd. v. State of Karnataka (2019)