reconstituing company -board

tamilarasibabu (Querist) 27 February 2009 This query is : Resolved
In the satyam scam issue and even the earlier issue RBF NIDHI(Oppression and mismangement with the depositors stake) , the company law board reconstituted the Board with the Government appointed members.
I need the legal provisions in detail which empowers the company law board in reconstuting the board, with any supporting case laws, if any.

Follow Query

Report Abuse

Manish Singh (Expert) 02 March 2009
under section 401 of the Companies Act, tyhe Central Govt possess such powers.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Ask Query
Unanswered Queries

Harrasement and metal agony from husband
Applicability of po act
Nps to old pension scheme
Suit filed by heirs claiming ancestral property
Hindu succession query
Application for final decree after preliminary decree
Application for final decree after preliminary decree
Application for final decree after preliminary decree
Claiming ownership of the motor vehicle of a deceased person
Company name struck off by the registrar of companies

Regular matters
Request for second opinion in bar council proceedings
Reinforcing rule-based adjudication in proceedings
Awaiting the shrewd advocate's answer.
Pl. check for legal accuracy
Legal notice used for harrasment
Is advocate guilty?
Advocate�s duty to justice apply to the pre-litigation ?
Legal opinion on baseless legal notice and law
Dismissals due to defective legal notices