245 - Application to tribunal seeking orders Flashcards

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1
Q

Restrain the company

A
  • From committing any act which is ultra vires its AOA/MOA
  • From committing breach of any provision of its AOA/MOA
  • From taking any action that is contrary to resolutions passed by shareholders
  • From doing any other act which is in contradiction to any provisions under this section or any other law
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2
Q

To claim damages/compensation or demand any action against

A
  • Co or its directors
  • Auditors or any experts/advisors/consultants for any unlawful or wrongful act or for disclosing improper or misleading statement in its reports
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3
Q

Seek remedy

A

Any remedy which the tribunal may deem fit

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