Sunday, March 6, 2016

Section 6 of Companies Act, 2013

Section 6 of Companies Act, 2013

Act to override memorandum, articles, etc. Incorporation of company.

Save as otherwise expressly provided in this Act—

a.     the provisions of this Act shall have effect notwithstanding anything to the contrary contained in the memorandum or articles of a company, or in any agreement executed by it, or in any resolution passed by the company in general meeting or by its Board of Directors, whether the same be registered, executed or passed, as the case may be, before or after the commencement of this Act; and
b.    any provision contained in the memorandum, articles, agreement or resolution shall, to the extent to which it is repugnant to the provisions of this Act, become or be void, as the case may be.

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Section 6 of Companies Act, 1956

Meaning of " relative".

A person shall be deemed to be a relative of another, if, and only if,

(a) they are members of a Hindu undivided family ; or

(b) they are husband and wife ; or

(c) the one is related to the other in the manner indicated in Schedule IA.

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