Tribunal powers to regulate company conduct and order share purchases, terminations or setting aside transactions as just and equitable. Tribunal powers on applications under sections 397 or 398 permit regulation of the company's future conduct, orders for purchase of members' shares by the company or other members and consequent reduction of share capital; termination, setting aside or modification of agreements with officeholders or other persons subject to notice and consent safeguards; and setting aside recent transactions that would amount to a fraudulent preference, together with any other provisions the Tribunal considers just and equitable.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tribunal powers to regulate company conduct and order share purchases, terminations or setting aside transactions as just and equitable.
Tribunal powers on applications under sections 397 or 398 permit regulation of the company's future conduct, orders for purchase of members' shares by the company or other members and consequent reduction of share capital; termination, setting aside or modification of agreements with officeholders or other persons subject to notice and consent safeguards; and setting aside recent transactions that would amount to a fraudulent preference, together with any other provisions the Tribunal considers just and equitable.
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