The Indian Companies Act 1913, 7 of 1913, (Rep., Act 1 of 1956)

Section 59. Power to dispense with consent of creditor on security being given for his debt

Repealed or not in force · As amended up to 2026-08

59. Power to dispense with consent of creditor on security being given for his debt. 60. Order confirming reduction. 61. Registration of order and minute of reduction.

Source: India Code