CLB having wider powers and cannot usurp the power of the CLB. The CLB, in exercise of the inherent ... inherent jurisdiction must be made for exercise of the powers permitted under law. If under law, no powers could be exercised, the CLB
relates to inherent powers of the "Bench" and does not provide for
inherent powers of the Chairman. The "inherent powers" under ... power (independent of the Company Law Board) in the
Chairman, who acts exclusively as a delegate of powers from the CLB. Mr.
Khambata
under Regulation 44 of the Company Law Board Regulations,
1991, which reads as follows:-
"44. Saving of inherent power of the Bench:- Nothing ... Companies
Act, it is clear that the inherent power can be exercised by the CLB to meet
the ends of justice
power of review was in fact contained in the Company Law Board Rules, 1975, as rule 45 and was incorporated in the Company Law Board ... applicable to the Company Law Board yet the general principles of law as established therein are applicable and the Company Law Board is bound
State Of Uttar Pradesh And Ors. vs Mukhtar Singh And Ors. on 8 March, 1957
exercise of the inherent power as well as under Regulation 44 of the Company Law Board Regulations, 1991 is empowered to dismiss the company petition ... Company and for the proportionate representation in the Board of the Company is incidental to the main reliefs claimed in the company petition. The grievances
scope, functions and jurisdiction conferred on the Company Law Board concluded that the Company Law Board can only be regarded as a Tribunal ... power the Board framed the Company Law Board Regulations, 1991. Under Regulation 44 , the Board is empowered to exercise the inherent powers which are akin
Power Generating Company Ltd., ("the Company") under Regulation 44 of the Company Law Board Regulations, 1991, seeking directions of this Bench, in exercise ... party from vexatious or harassing litigation.
The Company Law Board in exercise of the inherent powers under Regulation 44 of the Company Law Board Regulations
appoint the statutory auditor of the Company. The CLB in exercise of the inherent power under Regulation 44 which is analogous to Section ... that section the Court has an inherent power of staying its own proceedings. Such inherent power to postpone the hearing of a suit, pending
other hand submitted that Regulation 44 confers inherent powers to the Company Law Board to pass orders that may be necessary for the ends ... power could not be exercised by the Company Law Board on the premise of inherent powers, the only alternative is to follow Regulation
