Section 453 of the Companies Act, 2013
📘 Section 453 – Power of the Central Government to make rules
Companies Act, 2013
🔍 Provision Summary:
Section 453 empowers the Central Government to make rules for carrying out the provisions of the Companies Act, 2013.
⚖️ Key Features:
Rule-making authority:
The Central Government may, by notification in the Official Gazette, make rules to carry out the purposes of the Companies Act, 2013.
Scope:
These rules cover various procedural and administrative aspects under the Act.
It gives the government flexibility to frame detailed regulations for smooth implementation of the Act.
Subordinate legislation:
The rules made under this section are a form of delegated or subordinate legislation.
🧾 Legal Text (Simplified):
The Central Government may make rules for carrying out the provisions of this Act and publish them in the Official Gazette.
📌 Practical impact:
Most Companies Rules, 2014 (such as Companies (Incorporation) Rules, Companies (Audit and Auditors) Rules, etc.) are framed under this section.
It helps keep the Act up to date with changes in corporate governance, technology, and business environment without needing to amend the Act itself.
If you want, I ### 📘 **Section 453 – Power of the Central Government to make rules**
**Companies Act, 2013**
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### 🔍 **Provision Summary**:
Section 453 empowers the **Central Government** to **make rules** for carrying out the provisions of the Companies Act, 2013.
---
### ⚖️ **Key Features**:
1. **Rule-making authority**:
* The **Central Government** may, by notification in the Official Gazette, make rules to **carry out the purposes** of the Companies Act, 2013.
2. **Scope**:
* These rules cover **various procedural and administrative aspects** under the Act.
* It gives the government flexibility to **frame detailed regulations** for smooth implementation of the Act.
3. **Subordinate legislation**:
* The rules made under this section are a form of **delegated or subordinate legislation**.
---
### 🧾 **Legal Text (Simplified)**:
> The Central Government may make rules for carrying out the provisions of this Act and publish them in the Official Gazette.
---
### 📌 **Practical impact**:
* Most **Companies Rules, 2014** (such as Companies (Incorporation) Rules, Companies (Audit and Auditors) Rules, etc.) are framed under this section.
* It helps keep the Act **up to date** with changes in corporate governance, technology, and business environment without needing to amend the Act itself.
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