Contract of employment with managing or whole-time directors
Section 190 of the Companies Act, 2013 deals with contract of employment with managing or whole-time directors. Every company shall keep at its registered office,-- (a) where a contract of service with a managing or whole-time director is in writing, a copy of the contract; The Act came into force on 01 Apr 2014.
(1) Every company shall keep at its registered office,--
(a) where a contract of service with a managing or whole-time director is in writing, a copy of the contract; or
(b) where such a contract is not in writing, a written memorandum setting out its terms.
(2) The copies of the contract or the memorandum kept under sub-section (1) shall be open to inspection by any member of the company without payment of fee.
(3) If any default is made in complying with the provisions of sub-section (1) or sub-section
(2) , the company shall be liable to a penalty of twenty-five thousand rupees and every officer of the company who is in default shall be liable to a penalty of five thousand rupees for each default.
(4) The provisions of this section shall not apply to a private company.
Section 190, The Companies Act, 2013 (Act 18 of 2013).
Judgments citing this section
These may be obiter dicta or a precedent, for you to study. These are the judgments where this section is quoted.
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… company or a resolution passed in its general meeting, or by its Board of Directors, is entrusted with substantial powers of management of the affairs of the company and includes a director occupying the position of managing director, by whatever name called. Reference was also made to the provisions contained under section 190 of the Companies Act, 2013, which provides for contract of employment with managing or wholettime director. Inviting the attention of the court to the provisions contained in section 203, which provides for appointment of key managerial personnel which includes the position of Managing Director or Chief Executive …
Questions about Section 190
What does Section 190 of the Companies Act deal with?
Section 190 of the Companies Act is headed "Contract of employment with managing or whole-time directors". Every company shall keep at its registered office,-- (a) where a contract of service with a managing or whole-time director is in writing, a copy of the contract;
How do I find court cases under Section 190 of the Companies Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Companies Act 190, section 190 Companies Act, section 190 of the Companies Act. People searching for it also type companies act 2006 section 190. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When did Section 190 of the Companies Act come into force?
Section 190 of the Companies Act, cited as Companies Act 190, came into force on 01 Apr 2014, having been enacted on 29 Aug 2013. It is in force as at the date shown on this page.
Other sections of this Act
- 2. Definitions5089 words
- 143. Powers and duties of auditors and auditing standards1867 words
- 230. Power to compromise or make arrangements with creditors and members1432 words
- 232. Merger and amalgamation of companies1416 words
- 149. Company to have Board of Directors1403 words
- 217. Procedure, powers, etc., of inspectors1390 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 15 Oct 2026. This page is not a substitute for legal advice.