Section - 250 - Companies Act, 1956

Section - 250 - Imposition of restrictions upon shares and debentures and prohibition of transfer of shares or debentures in certain cases

[Imposition of restrictions upon shares and debentures and prohibition of transfer of shares or debentures in certain cases.

250. (1) Where it appears to the

[

[Tribunal], whether on a reference made to it by the Central Government in connection with any investigation under

[***] or on a complaint made by any person in this behalf], that there is good reason to find out the relevant facts about any shares (whether issued or to be issued) and the

[Tribunal] is of the opinion that such facts cannot be found out unless the restrictions specified in sub-section (2) are imposed, the

[Tribunal] may, by order, direct that the shares shall be subject to the restrictions imposed by sub-section (2) for such period not exceeding three years as may be specified in the order.

(2) So long as any shares are d .... To read the full section download the app from Google Play store