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
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