Section 12, Presidency Towns Insolvency Act, 1909 [S16-2RA]
As at 7 September 2026. In force from 25 March 1909.
12. Prohibition of the management of a company without licence.—No person shall undertake the management of a company except under and in accordance with the conditions of a licence granted under section 13: Provided that nothing in this section shall apply to the management of a company undertaken by or on behalf of the Central Government or a State Government.
Defined terms in this text (1)
company: Section 2, Presidency Towns Insolvency Act, 1909 [S162E3] (In this Act, unless the context otherwise requires,—): "company" means a company incorporated under this Act or under any previous company law
company: 13 more definitions.
Made under this section, or naming it (0)
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Cited by (0)
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Not held (0)
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Duties published under this section (0)
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