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Section 12, Depositories Act, 1996 [S1Z-0J0]

As at 7 September 2026. In force from 21 June 1996.

In Depositories Act, 1996 [A11-455]. This text from 21 June 1996. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 12, Depositories Act, 1996 [S1Z-0J0]. Machine: S1Z-0J0.

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, Depositories Act, 1996 [S1Z08H] (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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