Section 1
. The Explanation subs. by Act 1 of 2018, s. 2 (w.e.f. 7-5-2018).
1 . The Explanation subs. by Act 1 of 2018, s. 2 (w.e.f. 7-5-2018).
(i) all sums of money received and expended by a company and matters in relation to which the receipts and expenditure take place;
(ii) all sales and purchases of goods and services by the company;
(iii) the assets and liabilities of the company; and
(iv) the items of cost as may be prescribed under section 148 in the case of a company which belongs to any class of companies specified under that section;
(14) " branch office " , in relation to a company, means any establishment described as such by the company;
(15) " called -up capital " means such part of the capital, which has been called for payment;
(16) " charge " means an interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage;
(17) " chartered accountant " means a chartered accountant as defined in clause (b) of sub-section (1) of section 2 of the Chartered Accountants Act, 1949 (38 of 1949) who holds a valid certificate of practice under sub -section (1) of section 6 of that Act;
(18) " Chief Executive Officer " means an officer of a company, who has been designated as such by it;
(19) " " Chief Financial Officer " means a person appointed as the Chief Financial Officer of a company;
(20) " company " means a company incorporated under this Act or under any previous company law;
(21) " company limited by guarantee " means a company having the liability of its members limited by the memorandum to such amount as the members may respectively undertake to contribute to the assets of the company in the event of its being wound up;
(22) " company limited by shares " means a company having the liability of its members limited by the memorandum to the amount, if any, unpaid on the shares respectively held by them;
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