Section 199 Companies Act Explained: Power of Central Government to issue directions to companies | Nyaya

Statutory Content

What does Section 199 of Companies Act say?

The Central Government may, if it considers necessary or expedient so to do for the better discharge of its functions under this Act, issue directions to a company or to its Board or officers and the company or the Board or officers shall be bound to comply with such directions.

Indian StandardSection 199, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 199 (India)

Court Pleading StandardSection 199 of the Companies Act, 2013

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

Common Questions about Section 199 Companies Act

What is Section 199 of Companies Act?

Section 199 of the Companies Act, 2013 (Companies Act) defines and regulates "Power of Central Government to issue directions to companies". The section states: The Central Government may, if it considers necessary or expedient so to do for the better discharge of its functions under this Act, issue directions to a company or to its Board ...

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