Section 90 Companies Act Explained: Power of Central Government to make call on shareholders | Nyaya

Statutory Content

What does Section 90 of Companies Act say?

The Central Government may, if it considers necessary or expedient so to do, make a call on the shareholders of a company to meet the expenses of any investigation or inquiry under this Chapter, and the shareholders shall be bound to pay the amount so called upon them.

Indian StandardSection 90, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 90 (India)

Court Pleading StandardSection 90 of the Companies Act, 2013

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

Common Questions about Section 90 Companies Act

What is Section 90 of Companies Act?

Section 90 of the Companies Act, 2013 (Companies Act) defines and regulates "Power of Central Government to make call on shareholders". The section states: The Central Government may, if it considers necessary or expedient so to do, make a call on the shareholders of a company to meet the expenses of any investigation or inquiry under...

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