In this Act, unless the context otherwise requires,—
(a)“Companies Act,” means the Companies Act, 1956 (1 of 1956);
(b)“company” means an Indian company as defined in 2[clause (26) of section 2 of the Income-tax Act, 1961 (43 of 1961) and includes a company referred to in sub-clause (ii) of clause (17)] of the said section which has made arrangements for the declaration and payment of dividends within Indian in accordance with the rules made under the said Act;
(c)“preference share” means a share which 3*** carries, as respects dividends, a preferential right to be paid a fixed amount or an amount calculated at a fixed rate;
(d)“previous year” has the same meaning as in the 4[Income-tax Act, 1961 (43 of 1961)];
(e)“stipulated dividend”, in relation to a preference share, means the fixed amount or the amount calculated at fixed rate which the holder of such share has a preferential right to be paid as dividend;
(f)all other word and expressions used but not defined in this Act and defined in the Companies Act shall have the meanings respectively assigned to them in that Act.