Companies Act, 2013

Section 130

Powers and duties of managing director, whole-time director or manager

⚡ Quick Answer Reference: Section 130 Companies Act

Provision: Section 130 of Companies Act
Act: Companies Act, 2013
Classification: corporate
Jurisdiction: India

Statutory Content

What does Section 130 of Companies Act say?

A managing director, whole-time director or manager shall have such powers and duties as may be prescribed, and shall also have such other powers and duties as may be specified in the articles of the company or as may be conferred or imposed on him by the board.

Indian StandardSection 130, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 130 (India)

Court Pleading StandardSection 130 of the Companies Act, 2013

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 130 Companies Act

What is Section 130 of Companies Act?

Section 130 of the Companies Act, 2013 (Companies Act) defines and regulates "Powers and duties of managing director, whole-time director or manager". The section states: A managing director, whole-time director or manager shall have such powers and duties as may be prescribed, and shall also have such other powers and duties as may be specified in ...

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