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Companies Act, 2013 · Chapter XI · Appointment and qualifications of directors

Section 159 of the Companies Act, 2013 Penalty for default of certain provisions

In force Change proposed — not yet law

A change is proposed to this section. The Corporate Laws (Amendment) Bill, 2026 (Bill No. 85 of 2026) would amend section 159. It was introduced in Lok Sabha on 23 March 2026 and referred to a Joint Parliamentary Committee, which presented its report on 3 August 2026. It is not law, and the section applies as it stands until a passed Bill is notified. Bill summary on PRS India.
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Official text on India Code ↗ Ask us about section 159

Related sections

Sections this one refers to:

152Appointment of directors155Prohibition to obtain more than on...156Director to intimate Director Iden...

Sections that refer to this one:

161Appointment of additional director...
← Previous section158. Obligation to indicate Director Identification Number Next section →160. Right of persons other than retiring directors to stand for...

Section number, heading and status: Companies Act, 2013 as consolidated on India Code (amendments to about 2020–21). General information, not legal advice; confirm on the official sources before relying on a provision.

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