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[Cites 0, Cited by 0] [Section 187B] [Entire Act]

Union of India - Subsection

Section 187B(5) in The Companies Act, 1956

(5)No suit, prosecution or other legal proceeding shall lie against the public trustee at the instance of the trustee or any person on his behalf or any other person on the ground that the public trustee has abstained from exercising the rights and powers conferred on him by this section.