POWERS OF TRIBUNAL TO MAKE SUITABLE ORDER OF INQUIRY ON COMPLETION. If after making an inquiry under section 424B, the Tribunal is satisfied that a company has become a sick industrial company, the Tribunal shall, after considering the relevant facts of all and the case circumstances, decide, as soon as may be, by an …
AMALGAMATION, MERGER OR DIVISION
581ZN. Amalgamation, division or merger etc to form new Producer Companies:- A Producer Company may, by a passed resolution at its general meeting- decide to transfer its liabilities and assets, in whole or in part, to any other Producer Company, which agrees to such transfer by a passed resolution at its general meeting, for …
CREDITORS MEETING:
CREDITORS MEETING: The company shall cause the creditors meeting of the company to be called for the day, or the following next day, on which there is to be held the company general meeting for voluntary winding up at which resolution is to be proposed, and shall cause the creditors meetings by post to be …
DISSOLUTION OF COMPANY LAW BOARD
10FA. DISSOLUTION OF COMPANY LAW BOARD: On and from the companies commencement(Second Amendment) Act,2002, the Company Law Administration Board constituted under sub-section (1) of section 10E shall stand dissolved. On the Company Law board dissolution, the …