Amended and updated notes on section 427 of Companies Act 2013. Detail discussion on provisions and rules related to president, Members, officers, etc., to be public servants.
Chapter XXVII (Sections 407–434) of the Companies Act, 2013 (CA 2013) deals with the provisions related to National Company Law Tribunal and Appellate Tribunal i.e. NCLT and NCLAT. Section 427 of CA 2013 provides for president, Members, officers, etc., to be public servants.
Recently, we have discussed in detail section 426 (Delegation of powers) of CA 2013. Today, we learn the provisions of section 427 of the Companies Act 2013.
The provisions of section 427 are effective from 1st June, 2016. You may refer Notification No. S.O. 1934(E) dated 1-06-2016. In this article, you will learn detail of the provisions of section 427 the Companies Act 2013.
| Name of Act | The Companies Act 2013 |
|---|---|
| Enacted by | Parliament of India |
| Administered by | Ministry of Corporate Affairs (MCA) |
| Number of Chapters | 29 |
| Number of Sections | 484 (470-43+57) |
| Number of Schedules | 7 |
| You are reading: | |
| Chapter No. | XXVII |
| Chapter Name | National Company Law Tribunal and Appellate Tribunal |
| Section No. | 427 |
| Section Name | President, Members, officers, etc., to be public servants |
| Monthly Updated Edition | Company Law PDF |
Section 427 of Companies Act 2013: President, Members, officers, etc., to be public servants
Section 427 shall come into force on 1st June, 2016 vide Notification No. S.O. 1934(E) issued dated 01.06.2016.
The President, Members, officers and other employees of the Tribunal and the Chairperson, Members, officers and other employees of the Appellate Tribunal shall be deemed to be public servants within the meaning of section 21 of the Indian Penal Code.