Power to restrain fraudulent persons from managing companies.

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....any; or      (b) in the course of winding-up a company it appears that a person           (i) has been guilty of any offence for which he is punishable (whether he has been convicted or not) under section 542; or           (ii) has otherwise been guilty, while an officer of the co....

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.... to wind up] the company as respects which the offence was committed; and      (b) in relation to the granting of leave, means any Court ^[4][or the Tribunal] having jurisdiction to wind up the company as respects which leave is sought. (3) A person intending to apply for the making of an order under this section by the Court ^[5][or the Tribunal] having jurisdiction to w....

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....or or liquidator, the Official Liquidator or liquidator shall appear and call the attention of the Court ^[7][or the Tribunal, as the case may be] to any matters which seem to him to be relevant, and may himself give evidence or call witnesses. (6) An order may be made by virtue of sub-clause (ii) of clause (b) of sub-section (1), notwithstanding that the person concerned may be criminally liab....

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....ies (Second Amendment) Act, 2002 for the following:  "includes the Court by which he is convicted, as well as any Court having jurisdiction to wind up" [4] Inserted by the Companies (Second Amendment) Act, 2002. w.e.f. a date yet to be notified. [5] Inserted by the Companies (Second Amendment) Act, 2002. w.e.f. a date yet to be notified. [6] Inserted by the Companies (Second Amend....