Amended and updated notes on section 9 of Companies Act 2013. Detail discussion on provisions and rules related to effect of registration.
Chapter II (Sections 3–22) of the Companies Act, 2013 (CA 2013) deals with the provisions related to incorporation of company and matters incidental thereto. Section 9 of CA 2013 provides for effect of registration.
Recently, we have discussed in detail section 8 (Formation of companies with charitable objects, etc.) of CA 2013. Today, we learn the provisions of section 9 of Companies Act 2013 read with the Companies (Incorporation) Rules, 2014.
Section 9 of the Companies Act, 2013 has been notified by the Ministry of Corporate Affairs (MCA) vide Notification No. S.O. 902(E) issued dated 27.03.2014. This notification was come into force from 1st April, 2014 i.e. the commencement date of section 9 is 1-4-2014.
| 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. | II |
| Chapter Name | Incorporation of Company and matters incidental thereto |
| Section No. | 9 |
| Section Name | Effect of registration |
| Monthly Updated Edition | Company Law PDF |
Section 9 of Companies Act 2013: Effect of registration
Section 9 shall come into force on 1st April, 2014 vide Notification No. S.O. 902(E) issued dated 27.03.2014.
From the date of incorporation mentioned in the certificate of incorporation, such subscribers to the memorandum and all other persons, as may, from time to time, become members of the company, shall be a body corporate by the name contained in the memorandum, capable of exercising all the functions of an incorporated company under this Act and having perpetual succession and a common seal with power to acquire, hold and dispose of property, both movable and immovable, tangible and intangible, to contract and to sue and be sued, by the said name.
The term “and a common seal” omitted by the Companies (Amendment) Act, 2015 w.e.f. 29-05-2015.