242 - Specific Powers Flashcards
1
Q
S
A
Relating to SHAREHOLDING of the Co - restriction on transfer, additional allotment etc.
2
Q
A
A
AFFAIRS of the company - May intervene in the day to day affairs of the company
3
Q
F
A
FRAUDULENT PREFERENCE - can cause such agreements to be void ab initio
4
Q
A
A
Termination, setting aside or modification of
- AGREEMENTS with directors - if just and equitable
- AGREEMENTS with 3rd parties - after due notice and consent of concerned party.
5
Q
R
A
REMOVAL of MD/Manager/WTD and fixing manner of appointment of MD/Manager/WTD
6
Q
R
A
Recovery of undue gains of MD/Manager/WTD
- if the victim is identifiable - repay to victim
- if victim unidentifiable - Transfer to IEPF
7
Q
A
A
APPOINTMENT of nominee director who shall report to the tribunal on specified matter
8
Q
C
A
Impose COSTS as the tribunal may seem fit
9
Q
O
A
OTHER ORDERS as the Tribunal may deem just & equitable.
