Section 12, Sick Industrial Companies (Special Provisions) Repeal Act, 2004 [S21-T7P]
As at 6 September 2026. In force from 2 November 2004 by S.O. 3315(E) [N12-C0Y].
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, Sick Industrial Companies (Special Provisions) Repeal Act, 2004 [S21SXB] (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