Section 386: Interpretation
This section explains what certain terms mean in the context of the Chapter.
The section, clause by clause
What the section says
In plain terms
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.
The right-hand column is written from the section text, not quoted from it, and it has no legal force. Where the two differ, the left-hand column is the law.
Amendment notes
- 1. Ins. by Act 1 of 2018, s. 78 (w.e.f. 9-2-2018).
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Reproduced from the official India Code print for reference. Check the current text on India Code before you rely on it, and read the section alongside its Rules. Nothing here is legal advice.