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Powers of Tribunal on application under section 397 or 398.

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....conduct of the company's affairs in future; (b) the purchase of the shares or interests of any members of the company by other members thereof or by the company; (c) in the case of a purchase of its shares by the company as aforesaid, the consequent reduction of its share capital. (d) the termination, setting aside or modification of any agreement, howsoever arrived at, between the company o....

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....lating to property made or done by or against the company within three months before the date of the application under section 397 or 398, which would, if made or done by or against an individual, be deemed in his insolvency to be a fraudulent preference; (g) any other matter for which in the opinion of the [7][Tribunal] it is just and equitable that provision should be made. ------------------....

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....naging agents, etc. had become redundant after abolition of system by Act 17 of 1969. [5] Sub-clauses (iii) and (iv). Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000, as provisions relating to managing agents, etc. had become redundant after abolition of system by Act 17 of 1969. [6] Substituted for "Company Law Board" by the Companies (Second Amendment) Act, 2002, w.e.f. a dat....