Companies Act, 2013

Section 170

Power of Central Government to issue directions in certain cases

⚡ Quick Answer Reference: Section 170 Companies Act

Provision: Section 170 of Companies Act
Act: Companies Act, 2013
Classification: corporate
Jurisdiction: India

Statutory Content

What does Section 170 of Companies Act say?

If the Central Government is satisfied that a company is being managed or has been managed in a manner prejudicial to the interests of the company or its shareholders or depositors or creditors or any class of them, it may, by order, direct the company to take such action as the Central Government may think necessary to prevent the future management of the company in that manner.

Indian StandardSection 170, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 170 (India)

Court Pleading StandardSection 170 of the Companies Act, 2013

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

Common Questions about Section 170 Companies Act

What is Section 170 of Companies Act?

Section 170 of the Companies Act, 2013 (Companies Act) defines and regulates "Power of Central Government to issue directions in certain cases". The section states: If the Central Government is satisfied that a company is being managed or has been managed in a manner prejudicial to the interests of the company or its shareholders or depositors...

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