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[Cites 0, Cited by 0] [Section 503] [Entire Act]

Union of India - Subsection

Section 503(4) in The Companies Act, 1956

(4)On any application to the [Tribunal] [Substituted by Act 11 of 2003, Section 86, for " Court" . ] for a direction under sub-section (3), the [Tribunal] [Substituted by Act 11 of 2003, Section 86, for " Court" . ] may, if it thinks fit, appoint other persons to act as members of the committee of inspection in the place of the persons mentioned in the creditors' resolution.