Does Section 186 of Companies Act do not apply to Builder Developer of Residential infrastructure.

The term "infrastructural facilities" has not been defined in the Companies Act. But, as per the interpretation of the term, it may include facilities such as roads, bridges, airports, railways, power plants, telecommunication networks, water supply, sewerage, and other such facilities that are essential for the development of any country or region.

Realtors, builders, and developers of residential infrastructure in an urban city may be engaged in providing infrastructural facilities to a certain extent.

However, it is unlikely that they would be considered as a company engaged in the business of providing infrastructural facilities under Section 186 of the Companies Act.