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Section 403 – The Companies Act,1956

The Companies Act, 1956

403. Interim order by [Tribunal].

403. Interim order by 1[Tribunal].Pending the making by it of a final order under section 397 or 398, as the case may be, the 1[Tribunal] may, on the application of any party to the proceeding, make any interim order which it thinks fit for regulating the conduct of the company’s affairs, upon such terms and conditions as appear to it to be just and equitable.

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1. Subs. by Act 11 of 2003, sec. 44, for “Company Law Board”. Earlier the words “Company Law Board” were substituted by Act 31 of 1988, sec. 67, for the word “Court” (w.e.f. 31-5-1991).

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The Companies Act, 1956

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