Tribunal power to restrain board changes prevents actions altering directorships pending inquiry and confirmation by the tribunal. Where the managing director, any other director, or the manager complains that a change in share ownership is likely to produce a prejudicial change in the Board, the Tribunal may, after inquiry and if satisfied it is just and proper, order that resolutions or actions to effect a Board change after the complaint date shall not have effect unless confirmed by the Tribunal; the Tribunal may issue an interim order with the same effect, and the restraint does not apply to private companies unless they are subsidiaries of public companies.