Powers of Tribunal on application under section 397 or 398.
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.... (a) the regulation of the 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. (....
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....t between the company and any person not referred to in clause (d), provided that no such agreement shall be terminated, set aside or modified except after due notice to the party concerned and provided further that no such agreement shall be modified except after obtaining the consent of the party concerned; (f) the setting aside of any transfer, delivery of goods, payme....
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....tion of the commencement of the amendment, power will be transferred to the National Company Law Tribunal. [3] Substituted for "Company Law Board" by the Companies (Second Amendment) Act, 2002, w.e.f. a date yet to be notified. Earlier the quoted words were substituted for "Court" by the Companies (Amendment) Act, 1988, w.e.f. 31-5-1991. [4] Sub-clauses (iii) and (iv). Omitted by the Companies (....


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