Companies Act Section 386 — Interpretation

CHAPTER XXII COMPANIES INCORPORATED OUTSIDE INDIA

Commercial / Corporate

Summary

For the purposes of the provisions in this Chapter, the term "certified" means certified in the prescribed manner to be a true copy or a correct translation.

Under clause (b), the term "director", in relation to a foreign company, includes any person in accordance with whose directions or instructions the Board of Directors of the company is accustomed to act.

Under clause (c), the term "place of business" includes a share transfer or registration office.

Official Text

For the purposes of the foregoing provisions of this Chapter,—

(a) the expression “certified” means certified in the prescribed manner to be a true copy or a correct translation;

(b) the expression “director”, in relation to a foreign company, includes any person in accordance with whose directions or instructions the Board of Directors of the company is accustomed to act; and

(c) the expression “place of business” includes a share transfer or registration office.

Referred to by

Companies Act §379 — Application of Act to foreign companies

Related Judgments

CHAIRMAN OF THE MUNICIPAL COMMISSIONERS OF HOWRAH vs SHALIMAR WOOD PRODUCTS & ANOTHER — Supreme Court of India (1962)
DIRECTOR OF RATIONING AND DISTRIBUTION vs THE CORPORATION OF CALCUTTA AND OTHERS — Supreme Court of India (1960)
STATE OF HIMACHAL PRADESH vs NIRMALA DEVI — Supreme Court of India (2017)
MITHILESH SINGH vs UNION OF INDIA AND ORS — Supreme Court of India (2003)