Companies Act, 2013

Section 265

Appointment of receiver for management of company

⚡ Quick Answer Reference: Section 265 Companies Act

Provision: Section 265 of Companies Act
Act: Companies Act, 2013
Classification: corporate
Jurisdiction: India
Liability / Punishment: None

Statutory Content

What does Section 265 of Companies Act say?

If the Central Government is of the opinion that it is necessary or expedient so to do, it may, by order in writing, appoint a receiver for the management of the company and the receiver shall have the power to exercise all such powers and perform all such functions as may be necessary for the management of the company and the company shall be bound to comply with the order and the receiver shall be entitled to receive such remuneration as the Central Government may fix.

Indian StandardSection 265, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 265 (India)

Court Pleading StandardSection 265 of the Companies Act, 2013

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

Criminal Liability

Punishment under Section 265 Companies Act

None

Common Questions about Section 265 Companies Act

What is Section 265 of Companies Act?

Section 265 of the Companies Act, 2013 (Companies Act) defines and regulates "Appointment of receiver for management of company". The section states: If the Central Government is of the opinion that it is necessary or expedient so to do, it may, by order in writing, appoint a receiver for the management of the company and the re...