Rules and Regulations of India

Law Library of Rules and Regulations of India

Section 2 – The Company Law Board Regulations, 1991

2. Definitions

(1) In these Regulations, unless the context otherwise requires,-


(a) “Act” means the Companies Act, 1956;


(b) “Annexure” means an Annexure to these Regulations;


(c) “Application” means an application by which an interlocutory proceeding is commenced before a Bench;


(d) “Authorized representative” means a person authorized in writing by a party under sub-regulation (2) of regulation 19 to function before a Bench as the representative of such party;


3[(e) “Bench” means a bench of the Board and includes the Principal Bench 3A[, Additional Principal Bench] and a member sitting singly;]


(f) “Bench Officer” means an officer notified by the Board for the purpose of-


(i) receiving, examining and processing of applications; and


(ii) performing such other functions as may be entrusted to him by or under these Regulations;


(g) “Board” means the Board of Company Law Administration, constituted under section 10E of the Act;


(h) “Certified” means, in relation to a copy, certified as provided in section 76 of the Indian Evidence Act, 1872;


(i) “Chairman” means Chairman of the Board;


4[(j) “company” includes a non-banking financial company as defined in clause (f) of section 45-I of the Reserve Bank of India Act, 1934 and a foreign company;]


(k) “Filed” means filed in the office of the Bench;


(l) “Form” means a form specified in Annexure II;


3[(m) “Member” means a Member (whether judicial or technical,) of the Board and includes the Chairman and Vice Chairman;]


(n) “The Monopolies Act” means the Monopolies and Restrictive Trade Practices Act, 1969;


(o) “Office of the Bench” means the office of the Bench Officer:,


(p) “Party” means a person who files an application or petition before a Bench, the respondent, the Registrar of Companies or the Regional Director and includes any person who has a right under the Act 5[or the Reserve Bank of India Act, 1934] to make suggestions or objections;


(q) “Petition” means an application, appeal or complaint in pursuance of which any proceeding, not being an interlocutory proceeding, is commenced by the Bench;


(r) “Reference” means a reference within the meaning of regulations 35, 40 and 42 of these Regulations;


(s) “Regional Director” means a person appointed by the Central Government as a Regional Director for the purposes of the Act;


(t) “Registrar” means Registrar of Companies appointed under the Act;


(u) “Sealed” means sealed with the seal of the ‘Board’ or ‘Bench’;


(v) “Secretary” means Secretary to the Board and includes “Under- Secretary” to the Board and any other officer, by whatever name called, to whom powers and duties of Secretary may be entrusted under regulation 31;


(w) “Section” means a section of the Act;


6[(x) [***]]


7[(y) “Vice Chairman” means Vice Chairman of the Board.]


(2) Words or expressions occurring in these Regulations and not defined in sub-regulation (1) shall bear the same meaning as in the Act.

Main Index

Rules and Regulations of India


Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2021 Rules and Regulations of India

Free Legal Help, Just WhatsApp Away

MyNation HELP line

We are Not Lawyers, but No Lawyer will give you Advice like We do

Please read Group Rules – CLICK HERE, If You agree then Please Register CLICK HERE and after registration  JOIN WELCOME GROUP HERE

We handle Women Centric biased laws like False Section 498A IPC, Domestic Violence(DV ACT), Divorce, Maintenance, Alimony, Child Custody, HMA 24, 125 CrPc, 307, 312, 313, 323, 354, 376, 377, 406, 420, 497, 506, 509; TEP, RTI and many more…

MyNation FoundationMyNation FoundationMyNation Foundation