Section 289 Companies Act Explained: Appointment of receiver | Nyaya

Statutory Content

What does Section 289 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, appoint a receiver for a company, and the receiver shall have such powers as may be specified in the order.

Indian StandardSection 289, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 289 (India)

Court Pleading StandardSection 289 of the Companies Act, 2013

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

Common Questions about Section 289 Companies Act

What is Section 289 of Companies Act?

Section 289 of the Companies Act, 2013 (Companies Act) defines and regulates "Appointment of receiver". The section states: If the Central Government is of the opinion that it is necessary or expedient so to do, it may, by order, appoint a receiver for a company, and the receiver shall have such powers ...

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