Section 294 of the Companies Act, 2013
Section 294 of the Companies Act, 2013 relates to the power of the Central Government to issue directions to the Registrar or company for compliance.
📘 Section 294 – Power of Central Government to Give Directions
✅ Key Provisions:
The Central Government may issue directions to any Registrar of Companies (RoC) or to any company to ensure compliance with the provisions of the Companies Act, 2013.
Such directions may include:
Calling for information,
Conducting inspections,
Enforcing compliance with any provisions of the Act.
The Central Government may act suo moto or on a complaint or representation.
The company or officers must comply with such directions within the stipulated time.
⚠️ Purpose:
To ensure effective enforcement and monitoring of the Act’s provisions.
To enable prompt action for any non-compliance or irregularities.
📌 Example:
If a company fails to file statutory returns regularly, the Central Government may direct the RoC to inspect the company’s records and report back for further action.
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