TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tribunal Can Freeze Company Assets Under Section 221 of Companies Act 2013 to Protect Public and Creditor Interests.</h1> Section 221 of the Companies Act, 2013 allows the Tribunal to freeze a company's assets if it appears that their removal, transfer, or disposal may harm the company, its shareholders, creditors, or public interest. This can occur following a reference by the Central Government, an inquiry, investigation, or a complaint by certain members or creditors. The freeze can last up to three years or be subject to conditions set by the Tribunal. Violating the order results in fines for the company and potential imprisonment and fines for responsible officers.
TaxTMI 
TaxTMI 
