The Indian Companies Act 1882, 6 of 1882, (Rep., Act 1 of 1956)

Section 248. The provisions made by this Part of this Act with respect to unregistered Companies shall be deemed

Repealed or not in force · As amended up to 2026-08

248. The provisions made by this Part of this Act with respect to unregistered Companies shall be deemed to be made in addition to, and not in restriction of, any provisions hereinbefore contained with respect to winding-up Companies by the Court. 1882.] Companies. The Court or official liquidator may, in addition to anything contained in this Part of this Act, exercise any powers or do any act in the case of unregistered Companies which might be exercised or done by it or him in winding-up Companies formed under this Act; but an unregistered Company shall not, except in the event of its being wound-up, be deemed to be a Company under this Act, and then only to the extent provided by this Part of this Act. --- PART IX. MISCELLANEOUS PROVISIONS. 249. No Company under this Act shall have power to buy its own shares.

Source: India Code