Section 335 of the Companies Act, 2013
Section 335 of the Companies Act, 2013
Title: "Power of the Central Government to give directions"
📘 Summary:
Section 335 empowers the Central Government to issue directions to companies or their officers in the public interest or to secure the proper management of the company.
🔍 Key Provisions:
✅ 1. Power to Issue Directions:
The Central Government may, by order, direct a company or any of its officers to do or refrain from doing any act.
These directions may be given if:
It is necessary in the public interest.
It is needed to ensure proper management of the company.
⚖️ 2. Binding Effect:
The company or the officers must comply with the directions issued by the Central Government.
🧾 Purpose:
To ensure that companies operate in a manner that is fair, transparent, and in line with the public good.
To prevent mismanagement or irregularities in companies.
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