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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:
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