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"National Holiday" / "Public Holiday" : Meaning & Definition under Companies Act

Meaning of National Holiday as per the Companies Act, 2013:

As per the explanation given to the Section 96(2) of the Companies Act, 2013, "National Holiday" means and includes a day declared as National Holiday by the Central Government.


Definition of Public Holiday as per the Companies Act, 1956:


As per Section 2(38) of the Companies Act, 1956, "public holiday" means a public holiday within the meaning of the Negotiable Instruments Act, 1881 (26 of 1881) :


Provided that no day declared by the Central Government to be a public holiday shall be deemed to be such a holiday, in relation to any meeting, unless the declaration was notified before the issue of the notice convening such meeting.


Public Holiday meaning as per meaning of the Negotiable Instruments Act, 1881: The expression "public holiday" includes Sundays and any other day declared by the Central Government, by notification in the Official Gazette, to be a public holiday.
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