The term Manufacturing Company has not been defined specifically under the provisions of the Companies Act, 1956. However, the term is defined in the Manufacturing And Other Companies (Auditor's Report) Order, 1988 to mean a company engaged in any manufacturing process as defined in the Factories Act, 1948 (63 of 1948).

Accordingly, a manufacturing company may be one which is engaged in or proposes to engage in a manufacturing process of making, altering, repairing, ornamenting, finishing, packing, oiling, washing, cleaning, breaking up, demolishing, or otherwise treating or adapting any article or substance with a view to its use, sale, transport, delivery or disposal; or generating, transforming or transmitting power; or composing types for printing, printing by letter press, lithography, photogravure or other similar process or book binding; or constructing, reconstructing, repairing, refitting, finishing or breaking up ships or vessels etc

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