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    <title>Amendment of section 241.</title>
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    <description>The amendment authorises the Central Government to refer to the Tribunal cases where persons managing a company may be unfit and proper to hold director or related offices owing to fraud, misfeasance, negligent or unlawful conduct, or management harmful to industry interests; such referrals must join the person as respondent, be presented with a concise statement of circumstances and materials, be signed and verified as a government plaint, and, for prescribed companies or classes, be filed before the Principal Bench of the Tribunal.</description>
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      <description>The amendment authorises the Central Government to refer to the Tribunal cases where persons managing a company may be unfit and proper to hold director or related offices owing to fraud, misfeasance, negligent or unlawful conduct, or management harmful to industry interests; such referrals must join the person as respondent, be presented with a concise statement of circumstances and materials, be signed and verified as a government plaint, and, for prescribed companies or classes, be filed before the Principal Bench of the Tribunal.</description>
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