Bare ActsCompanies Act, 1956

Section 424J

Power of Tribunal to call for periodic information

Amendment status not verified — confirm the current text below against the official source.

On receipt of reference under section 424A, the Tribunal may call for any periodic information from the company as to the steps taken by the company to make its net worth exceed the accumulated losses or to make repayment of its debts referred to in that section, as the case may be, and the company shall furnish such information.

Section 424J – Companies Act, 1956 | DailyLaw.ai