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of <h1>Tribunal Must Notify Central Government on Applications Under Sections 397 and 398 of Companies Act, 1956.</h1> The Tribunal is required to notify the Central Government of any applications submitted under sections 397 and 398 of the Companies Act, 1956. Before issuing a final order, the Tribunal must consider any representations made by the Central Government. The authority to handle these applications was transferred from the Company Law Board to the Tribunal through an amendment in 2002. Additionally, a fee of Rs. 5000 is applicable as of April 1, 2000, and the power will be transferred to the National Company Law Tribunal upon the commencement of the amendment.
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