Section 386 Interpretation – Companies Act 2013

Amended and updated notes on section 386 of Companies Act 2013. Detail discussion on provisions and rules related to interpretation.

Amended and updated notes on section 386 of Companies Act 2013. Detail discussion on provisions and rules related to interpretation.

Chapter XXII (Section 379393) of the Companies Act, 2013 (CA 2013) deals with the provisions related to companies incorporated outside India. Section 386 of CA 2013 provides for interpretation.

Recently, we have discussed in detail section 385 (Fee for registration of documents) of CA 2013. Today, we learn the provisions of section 386 of the Companies Act 2013.

The provisions of section 386 are effective from 12th September, 2013. You may refer Notification No. S.O. 2754(E) issued dated 12-09-2013. In this article, you will learn detail of the provisions of section 386 the Companies Act 2013 read with the Companies (Registration of Foreign Companies) Rules, 2014.

Name of ActThe Companies Act 2013
Enacted byParliament of India
Administered byMinistry of Corporate Affairs (MCA)
Number of Chapters29
Number of Sections484 (470-43+57)
Number of Schedules7
You are reading:
Chapter No.XXII
Chapter NameAccounts of Companies
Section No.386
Section NameInterpretation
Monthly Updated EditionCompany Law PDF

Section 386 of Companies Act 2013: Interpretation

Section 386 shall come into force on 12th September, 2013 vide Notification No. S.O. 2754(E) dated 12.09.2013 except clause (a) which shall come into force on 1st April, 2014 vide Notification No. S.O. 902(E) issued dated 27.03.2014.

For the purposes of the foregoing provisions of this Chapter, —

  • (a) the expression “certified” means certified in the prescribed manner to be a true copy or a correct translation;
  • (b) the expression “director”, in relation to a foreign company, includes any person in accordance with whose directions or instructions the Board of Directors of the company is accustomed to act; and
  • (c) the expression “place of business” includes a share transfer or registration office.


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