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of <h1>Companies Bill Clause 222: Tribunal Can Restrict Securities During Investigations; Violations Lead to Fines and Possible Jail.</h1> Clause 222 of the Companies Bill, 2011, allows the Tribunal to impose restrictions on securities of a company during investigations under section 216 or upon a complaint, if essential facts cannot be ascertained without such restrictions. The Tribunal can order these restrictions for a period not exceeding three years. If a company issues or transfers securities in violation of such an order, it faces fines ranging from one lakh to twenty-five lakh rupees. Company officers in default may face imprisonment up to six months, fines between twenty-five thousand and five lakh rupees, or both.
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