Action by affected persons
Section 37 of the Companies Act, 2013 deals with action by affected persons. A suit may be filed or any other action may be taken under section 34 or section 35 or section 36 by any person, group of persons or any association of persons affected byany misleading statement or the inclusion or omission of any matter in the prospectus. The Act came into force on 01 Apr 2014.
A suit may be filed or any other action may be taken under section 34 or section 35 or section 36 by any person, group of persons or any association of persons affected byany misleading statement or the inclusion or omission of any matter in the prospectus.
Section 37, The Companies Act, 2013 (Act 18 of 2013).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
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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… The effect of Section 37 would, therefore, be that in addition to the provisions contained under the Sarfaesi Act. in respect of proceedings initiated under the said Act, it will be in order for a party to fall back upon the provisions of the other Acts mentioned in Section 37, namely, the Companies Act, 1956, the Securities Contracts (Regulation) Act, 1956, the Securities and Exchange Board of India Act, 1992, the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, or any other law for the time being in force." $2011$ In a recent judgment delivered by this Court in …
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… The effect of Section 37 would, therefore, be that in addition to the provisions contained under the Sarfaesi Act. in respect of proceedings initiated under the said Act, it will be in order for a party to fall back upon the provisions of the other Acts mentioned in Section 37, namely, the Companies Act, 1956, the Securities Contracts (Regulation) Act, 1956, the Securities and Exchange Board of India Act, 1992, the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, or any other law for the time being in force." $2011$ In a recent judgment delivered by this Court in …
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… The effect of Section 37 would, therefore, be that in addition to the provisions contained under the Sarfaesi Act. in respect of proceedings initiated under the said Act, it will be in order for a party to fall back upon the provisions of the other Acts mentioned in Section 37, namely, the Companies Act, 1956, the Securities Contracts (Regulation) Act, 1956, the Securities and Exchange Board of India Act, 1992, the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, or any other law for the time being in force." $2011$ In a recent judgment delivered by this Court in …
Made under this section, and citing it
3 instruments state that it was made under this provision — the power to make it comes from here, so a change to any of them changes what this section requires in practice. Newest first.
Another 2 instruments name this provision in its title or its text without being made under it.
Questions about Section 37
What does Section 37 of the Companies Act deal with?
Section 37 of the Companies Act is headed "Action by affected persons". A suit may be filed or any other action may be taken under section 34 or section 35 or section 36 by any person, group of persons or any association of persons affected byany misleading statement or the inclusion or omission of any matter in the prospectus.
How do I find court cases under Section 37 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 37, section 37 Companies Act, section 37 of the Companies Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 37 of the Companies Act, and has it changed?
Its own text turns on section 34 (Criminal liability for mis-statements in prospectus), section 35 (Civil liability for mis-statements in prospectus), section 36 (Punishment for fraudulently inducing persons to invest money), so none of them can safely be read on its own. 1 other provision in this corpus refers back to it. The rules and notifications made under it are where it actually bites, and there are 3: most recently Amendment of Schedule VII of the Companies Act,2013 (2019), then commencment notification dt 14.08.2019 -CA (Amendment) Act 2019 (2019), and 1 more.
When did Section 37 of the Companies Act come into force?
Section 37 of the Companies Act, cited as Companies Act 37, 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 14 Oct 2026. This page is not a substitute for legal advice.