would clearly fall under Section 402(b) of the Companies Act and are enforceable under Section 634A of the Companies Act. Counsel submitted, Company ... orders which fall under Section 402(b) of the Companies Act and therefore, are not enforceable under Section 634A of the Companies Act. Counsel submitted
which the applicants are
at liberty to execute this order under Section 634A
of the Act for realization of the defaulted amount ... Emphasis supplied)
9. Section 634A of the Act reads thus:
"634A. ENFORCEMENT OF ORDERS OF
COMPANY LAW BOARD
Any order made by the Company
impugned order, the Company Law Board has, in proceedings
instituted under Section 634A of the Companies Act (hereinafter
referred to as the Act), directed ... Petition. This was a petition filed under Section 634A of the Act
which essentially provides for executing the order of the Company
Law Board, treating