Section 201 of the Companies Act, 2013
Section 201 of the Companies Act, 2013
Title: “Forms of, and procedure in relation to, certain applications”
📘 Summary:
Section 201 deals with the procedure and format for making applications to the Tribunal (National Company Law Tribunal - NCLT) or the Registrar for matters where such applications are required under the Companies Act, 2013.
🔍 Key Provisions:
Power to Prescribe Forms & Procedures:
The Central Government has the authority to prescribe rules, including:
Form of applications,
Manner of filing,
Fees to be paid, and
Other procedural requirements.
Application Scope:
Applies to applications made to:
Tribunal (NCLT) or
Registrar of Companies (RoC)
This may include applications for:
Compromise and arrangement,
Oppression and mismanagement,
Change of financial year,
Extension of AGM time, etc.
Rules Made Under the Act:
These procedural matters are elaborated under the Companies (Management and Administration) Rules or other relevant rules notified by the government.
⚖️ Purpose:
To standardize the application process and bring clarity and uniformity for stakeholders (companies, professionals, regulators) when interacting with the Tribunal or Registrar.
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