https://www.taxtmi.com/acts?id=17519 The Tribunal may, during an investigation under section 216 or on complaint, order that securities issued or to be issued by a company be subject to such restrictions as it deems fit for a time-limited period not exceeding three years. If securities are issued, transferred, or acted upon in contravention of such an order, the company is liable to a substantial monetary penalty and every officer in default is subject to criminal liability including possible short-term imprisonment and a separate monetary penalty, or both. en-us Sat, 02 Mar 2013 13:31:23 +0530 Thu, 11 Dec 2025 14:10:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17519 The Tribunal may, during an investigation under section 216 or on complaint, order that securities issued or to be issued by a company be subject to such restrictions as it deems fit for a time-limited period not exceeding three years. If securities are issued, transferred, or acted upon in contravention of such an order, the company is liable to a substantial monetary penalty and every officer in default is subject to criminal liability including possible short-term imprisonment and a separate monetary penalty, or both. Act-Rules Companies Law Sat, 02 Mar 2013 13:31:23 +0530 https://www.taxtmi.com/acts?id=17519