Section 2 of Indian Companies Act 2013 has definitions of different terms in used in the Act. In this Act, unless the context otherwise requires,
(1) "abridged prospectus" means a memorandum containing such salient features of a prospectus as may be specified by the Securities and Exchange Board by making regulations in this behalf;
(2) "accounting standards" means the standards of accounting or any addendum thereto for companies or class of companies referred to in section 133;
(3) "alter" or "alteration" includes the making of additions, omissions and substitutions;
(4) "Appellate Tribunal" means the National Company Law Appellate Tribunal constituted under section 410;
(5) "articles" means the articles of association of a company as originally framed or as altered from time to time or applied in pursuance of any previous company law or of this Act;
(6) "associate company", in relation to another company, means a company in which that other company has a significant influence, but which is not a subsidiary company of the company having such influence and includes a joint venture company.
1[Explanation.-- For the purpose of this clause,--
(a) the expression "significant influence" means control of at least twenty per cent. of total voting power, or control of or participation in business decisions under an agreement;
(b) the expression "joint venture" means a joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement;]
(7) "auditing standards" means the standards of auditing or any addendum thereto for companies or class of companies referred to in sub-section (10) of section 143;
(8) "authorised capital" or "nominal capital" means such capital as is authorised by the memorandum of a company to be the maximum amount of share capital of the company;
(9) "banking company" means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949);