Power to apply to Tribunal to have questions determined or powers exercised.
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....uestion arising in the winding up of a company; or (b) to exercise, as respects the enforcing of calls, the staying of proceedings or any other matter, all or any of the powers which the Tribunal might exercise if the company were being wound up by the Tribunal. (2) The liquidator or any creditor or contributory may apply to the Tribunal for an order setting aside an....
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.... ------------------------------------------ Notes:- [1] Sections 518 and 519 substituted by the Companies (Second Amendment) Act, 2002, w.e.f. a date yet to be notified. Prior to their substitution, section 518 and 519 reads as under for the following: "518. Power to apply to Court to have questions determined or powers exercised. (1) The liquidator or any contributory ....
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....ied or put into force by a High Court to such High Court; and (b) if the attachment, distress or execution is levied or put into force by any other Court, to the Court having jurisdiction to wind-up the company. (4) The Court, if satisfied on an application under sub-section (1) or (2) that the determination of the question or the required exercise of power or the or....
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....company since its formation; and the Court may, after considering the report, direct that that person or officer shall attend before the Court on a day appointed by it for that purpose, and be publicly examined as to the promotion or formation or the conduct of the business of the company, or as to his conduct and dealings as officer thereof. (2) The provisions of sub-sections (2) to (11) of se....
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