Section 12, Competition Act, 2003 [S21-MPC]

As at 6 September 2026. In force from 8 November 2003.

In Competition Act, 2003 [A11-8V9]. This text from 8 November 2003. 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, Competition Act, 2003 [S21-MPC]. Machine: S21-MPC.

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, Competition Act, 2003 [S21MCX] (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)

none

Cited by (0)

none

Not held (0)

none

Duties published under this section (0)

none