Companies Act, 2013

Section 254

Appointment of provisional manager

⚡ Quick Answer Reference: Section 254 Companies Act

Provision: Section 254 of Companies Act
Act: Companies Act, 2013
Classification: corporate
Jurisdiction: India

Statutory Content

What does Section 254 of Companies Act say?

If the Central Government has, under section 253, superseded the Board of Directors of a company, it may, by order, appoint a person to be the provisional manager of the company for such period, not exceeding two years, as the Central Government may specify, and the company shall be bound by the acts of the provisional manager.

Indian StandardSection 254, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 254 (India)

Court Pleading StandardSection 254 of the Companies Act, 2013

Canonical Web linkhttps://nyaya.cloud/acts/companies-act-2013/254

Embed this Section Card

Want to display this Section explanation card on your website? Copy and paste the HTML code below:

<iframe src="https://nyaya.cloud/api/widget/section?act=companies-act-2013&sec=254" width="100%" height="250" style="border:none; border-radius:8px;"></iframe>

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

Common Questions about Section 254 Companies Act

What is Section 254 of Companies Act?

Section 254 of the Companies Act, 2013 (Companies Act) defines and regulates "Appointment of provisional manager". The section states: If the Central Government has, under section 253, superseded the Board of Directors of a company, it may, by order, appoint a person to be the provisional manager of the company fo...

Landmark Case Laws