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Companies Act, 2013 · Chapter VII · Management and administration

Section 99 of the Companies Act, 2013 Punishment for default in complying with provisions of sections 96 to 98

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 99. 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.
Plain-English explainer coming. We add explainers in order of how often a section is looked up. Until this one is written and checked, the quickest route is the official text of the Act on India Code. If you need this section explained for your company now, tell us and we will prioritise it.
Official text on India Code ↗ Ask us about section 99

Related sections

Sections this one refers to:

96Annual general meeting98Power of Tribunal to call meetings...97Power of Tribunal to call annual g...
← Previous section98. Power of Tribunal to call meetings of members, etc. Next section →100. Calling of extraordinary general meeting

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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