Section 427. President, Members, officers, etc., to be public servants
Notified on 01-06-2016
The President, , and other employees of the and the Chairperson, Members, officers and other employees of the shall be deemed to be public servants within the meaning of section 21 of the Indian Penal Code.
2(55) Member, in relation to a company, means—
(i) the subscriber to the memorandum of the company who shall be deemed to have agreed to become member of the company, and on its registration, shall be entered as member in its register of members;
(ii) every other person who agrees in writing to become a member of the company and whose name is entered in the register of members of the company;
(iii) every person holding shares of the company and whose name is entered as a beneficial owner in the records of a depository
2(59) Officer includes any director, manager or key managerial personnel or any person in accordance with whose directions or instructions the Board of Directors or any one or more of the directors is or are accustomed to act
2(90) Tribunal means the National Company Law Tribunal constituted under section 408
2(4) Appellate Tribunal means the National Company Law Appellate Tribunal constituted under section 410