Companies Act, 1956
398. Application to [Tribunal] for relief in cases of mismanagement
(1) Any members of a company who complain- (a) that the affairs ... reason of such change, it is likely that the affairs of the company [will be conducted in a manner prejudicial to public interest or] [ Substituted
Companies Act, 1956
397. Application to [Tribunal] for relief in cases of oppression
(1) Any member of a company who complain that the affairs ... Section 44, for " Company Law Board" .] is of opinion- (a) that the company's affairs [are being conducted in a manner prejudicial to public interest
Companies Act, 1956
235. [ Investigation of the affairs of a company
.-(1) The Central Government may, where a report has been made by the Registrar ... more competent persons as inspectors to investigate the affairs of a company and to report thereon in such manner as the Central Government may direct
behalf of the Company
Law Board under Section 237(b) of the Companies Act.
appointing four inspectors to investigate the affairs of the
appellant company ... concerned company
to carry on its business and no restrictions are imposed on
those who carry on the company's affairs. Even
listed company” means a company which has any of its securities listed on any recognised stock exchange; [Provided that such class of companies, which have ... employment of the company; and (B) persons who, having been formerly in the employment of the company, were members of the company while in that
promotion and formation of companies (clauses 50 to 74); (b) the capital structure of companies (clauses 79 to 83); (c) company meetings and procedure (clauses ... August, 1997 to replace Companies Act, 1956. The Companies Bill, 1997 stands referred to Department related-Standing Committee on Home Affairs and the report
section 241, the Tribunal is of the opinion— (a) that the company’s affairs have been or are being conducted in a manner prejudicial ... order which it thinks fit for regulating the conduct of the company’s affairs upon such terms and conditions as appear
company; (b) to carry on the business of the company so far as may be necessary for the beneficial winding up of the company ... other things as may be necessary for winding up the affairs of the company and distributing its assets. (2) The Liquidator in a winding
member of a company who complains that— (a) the affairs of the company have been or are being conducted in a manner prejudicial to public ... reason of such change, it is likely that the affairs of the company will be conducted in a manner prejudicial to its interests
Section 237 in The Companies Act, 1956
237. Investigation of company's affairs in other cases .-
Without prejudice to its powers under section ... company was formed for any fraudulent or unlawful purpose; (ii) that persons concerned in the formation of the company or the management of its affairs
