Companies Act, 2013

Section 374

Appointment of receiver

⚡ Quick Answer Reference: Section 374 Companies Act

Provision: Section 374 of Companies Act
Act: Companies Act, 2013
Classification: corporate
Jurisdiction: India

Statutory Content

What does Section 374 of Companies Act say?

If the Central Government has, under section 373, superseded the Board of Directors of a company, it may, by order in writing, appoint a person to be the receiver of the company for the purposes of the order.

Indian StandardSection 374, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 374 (India)

Court Pleading StandardSection 374 of the Companies Act, 2013

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

Common Questions about Section 374 Companies Act

What is Section 374 of Companies Act?

Section 374 of the Companies Act, 2013 (Companies Act) defines and regulates "Appointment of receiver". The section states: If the Central Government has, under section 373, superseded the Board of Directors of a company, it may, by order in writing, appoint a person to be the receiver of the company fo...

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