Companies Act, 2013

Section 224

Power of Central Government to supersede Tribunal

⚡ Quick Answer Reference: Section 224 Companies Act

Provision: Section 224 of Companies Act
Act: Companies Act, 2013
Classification: corporate
Jurisdiction: India

Statutory Content

What does Section 224 of Companies Act say?

If, at any time, the Central Government is of the opinion— (a) that on account of circumstances existing in any State, it is necessary or expedient so to do in the public interest, the Central Government may, by order, supersede the Tribunal for such period, not exceeding six months, as may be specified in the order, and while the Tribunal is so superseded, the Central Government may itself exercise the powers of the Tribunal.

Indian StandardSection 224, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 224 (India)

Court Pleading StandardSection 224 of the Companies Act, 2013

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

Common Questions about Section 224 Companies Act

What is Section 224 of Companies Act?

Section 224 of the Companies Act, 2013 (Companies Act) defines and regulates "Power of Central Government to supersede Tribunal". The section states: If, at any time, the Central Government is of the opinion— (a) that on account of circumstances existing in any State, it is necessary or expedient so to do in the public interest,...

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