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Section 424J – The Companies Act,1956

The Companies Act, 1956

424J. Power of Tribunal to call for periodic information.

1[424J. Power of Tribunal to call for periodic information.On receipt of reference under section 424A, the Tribunal may call for any periodic information from the company as to the steps taken by the company to make its net worth exceed the accumulated losses or to make repayment of its debts referred to in that section, as the case may be, and the company shall furnish such information.]

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1. Section 424J ins. by Act 11 of 2003, sec. 47.

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The Companies Act, 1956

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