Power to exempt class or classes of companies from provisions of this Act
Section 462 of the Companies Act, 2013 deals with power to exempt class or classes of companies from provisions of this Act. The Central Government may in the public interest, by notification direct that any of the provisions of this Act, (a) shall not apply to such class or classes of companies; The Act came into force on 01 Apr 2014.
(1) The Central Government may in the public interest, by notification direct that any of the provisions of this Act,
(a) shall not apply to such class or classes of companies; or
(b) shall apply to the class or classes of companies with such exceptions, modifications and adaptations as may be specified in the notification.
1[(2) A copy of every notification proposed to be issued under sub-section (1), shall be laid in draft before each House of Parliament, while it is in session, for a total period of thirty days, and if, both Houses agree in disapproving the issue of notification or both Houses agree in making any modification in the notification, the notification shall not be issued or, as the case may be, shall be issued only in such modified form as may be agreed upon by both the Houses.
(3) In reckoning any such period of thirty days as is referred to in sub-section (2), no account shall be taken of any period during which the House referred to in sub-section (2) is prorogued or adjourned for more than four consecutive days.
(4) The copies of every notification issued under this section shall, as soon as may be after it has been issued, be laid before each House of Parliament.]
Section 462, The Companies Act, 2013 (Act 18 of 2013).
Made under this section, and citing it
1 instrument states 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 10 instruments name this provision in its title or its text without being made under it.
- Exemptions to Government Companies under section 462 of the CA 2013,notification dated 02.03.2020Notification 2020
- Exemption to Government Companies under section 462 of CA, 2013Notification 2017
- Exemption to Private Companies under section 462 of CA, 2013Notification 2017
- Exemption to Section 8 Companies under section 462 of CA, 2013Notification 2017
- Notification –Exemption to Specified IFSC Private company –under section 462 of the Companies Act,2016Notification 2017
- Notification –Exemption to Specified IFSC Public company –under section 462 of the Companies Act,2016Notification 2017
- Exemptions to Government Companies under section 462 of CA 2013Notification 2015
- Exemptions to Nidhis under section 462 of CA 2013Notification 2015
- Exemptions to Private Companies under section 462 of CA 2013Notification 2015
- Exemptions to Section 8 (Non-Profit) under section 462 of CA 2013Notification 2015
Questions about Section 462
What does Section 462 of the Companies Act deal with?
Section 462 of the Companies Act is headed "Power to exempt class or classes of companies from provisions of this Act". The Central Government may in the public interest, by notification direct that any of the provisions of this Act, (a) shall not apply to such class or classes of companies;
How do I find court cases under Section 462 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 462, section 462 Companies Act, section 462 of the Companies Act. People searching for it also type companies ordinance 462. 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 462 of the Companies Act, and has it changed?
The rules and notifications made under it are where it actually bites, and there is one: most recently Notification dated 23.02.2018 regarding Exemption for segment reporting. (2018).
When did Section 462 of the Companies Act come into force?
Section 462 of the Companies Act, cited as Companies Act 462, 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.