Section - 424 - Application of sections 421 to 423 to receivers and managers appointed by Tribunal and managers appointed in pursuance of an instrument
[Application of sections to to receivers and managers appointed by Tribunal and managers appointed in pursuance of an instrument.424. The provisions of sections to shall apply to the receiver of, or any person appointed to manage, the property of a company, appointed by the Tribunal or to any person appointed to manage, the property of a company under any powers contained in an instrument, in like manner as they apply to a receiver appointed under any powers contained in an instrument.]
44. Substituted by the Companies (Second Amendment) Act, 2002, w.e.f. a date yet to be notified. Prior to its substitution, section 424 read as under : "424. Application of sections 421 to 423 to receivers and managers appointed by Court and managers appointed in pursuance of an instrument.—The provisions of sections 421, 422 and 423 shall apply to the receiver of, or any person appointed to manage, the property of a company, appointed by a Court or to any person appointed to manage the pro .... To read the full section download the app from Google Play store