Obligations of companies registering under this Part
Section 374 of the Companies Act, 2013 deals with obligations of companies registering under this Part. Every company which is seeking registration under this Part shall,-- (a) ensure that secured creditors of the company, prior to its registration under this Part, have either consented to or have given their no objection to company's registration under this Part; The Act came into force on 01 Apr 2014.
Every company which is seeking registration under this Part shall,--
(a) ensure that secured creditors of the company, prior to its registration under this Part, have either consented to or have given their no objection to company's registration under this Part;
(b) publish in a newspaper, advertisement one in English and one in vernacular language in such form as may be prescribed giving notice about registration under this Part, seeking objections and address them suitably;
(c) file an affidavit, duly not arised, from all the members or partners to provide that in the event of registration under this Part, necessary documents or papers shall be submitted to the registering or other authority with which the company was earlier registered, for its dissolution as partnership firm, limited liability partnership, cooperative society, society or any other business entity, as the case may be.
(d) comply with such other conditions as may be prescribed.
1[Provided that upon registration as a company under this Part a limited liability partnership incorporated under the Limited Liability Partnership Act, 2008 (6 of 2009) shall be deemed to have been dissolved under that Act without any further act or deed.]
Section 374, The Companies Act, 2013 (Act 18 of 2013).
Made under this section, and citing it
2 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 1 instrument names this provision in its title or its text without being made under it.
Questions about Section 374
What does Section 374 of the Companies Act deal with?
Section 374 of the Companies Act is headed "Obligations of companies registering under this Part". Every company which is seeking registration under this Part shall,-- (a) ensure that secured creditors of the company, prior to its registration under this Part, have either consented to or have given their no objection to company's registration under this Part;
How do I find court cases under Section 374 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 374, section 374 Companies Act, section 374 of the Companies Act. People searching for it also type companies ordinance 374. 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 374 of the Companies Act, and has it changed?
The rules and notifications made under it are where it actually bites, and there are 2: most recently G.S.R No. 39(e) Companies Authorized to Register Amendment rules 2023 dated 19.01.2023 (2023), then Chapter XXI -The Companies (Authorised to Registered )Rules, 2014. (2014).
When did Section 374 of the Companies Act come into force?
Section 374 of the Companies Act, cited as Companies Act 374, 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.