Section 1
. The proviso ins. by Act 1 of 2018, s. 76 (w.e.f. 15-8-2018).
1 . The proviso ins. by Act 1 of 2018, s. 76 (w.e.f. 15-8-2018).
(a) shall not include—
(i) a railway company incorporated under any Act of Parliament or other Indian law or any Act of Parliament of the United Kingdom;
(ii) a company registered under this Act; or
(iii) a company registered under any previous companies law and not being a company the registered office whereof was in Burma, Aden, Pakistan immediately before the separation of that country from India; and
(b) save as aforesaid, shall include any partnership firm, limited liability partnership or society or co-operative society, association or company consisting of more than seven members at the time when the petition for winding up the partnership firm, limited liability partnership or society or co-operative society, association or company, as the case may be, is presented before the Tribunal.
Roop's Law Assist