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TMI BlogPowers of Tribunal on application under section 397 or 398.X X X X Extracts X X X X X X X X Extracts X X X X ..... (a) the regulation of the conduct of the company's affairs in future; (b) the purchase of the shares or interests of any members of the company by other members thereof or by the company; (c) in the case of a purchase of its shares by the company as aforesaid, the consequent reduction of its share capital. (d) the termination, setting aside or modification of any agreeme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the party concerned; (f) the setting aside of any transfer, delivery of goods, payment, execution or other act relating to property made or done by or against the company within three months before the date of the application under section 397 or 398, which would, if made or done by or against an individual, be deemed in his insolvency to be a fraudulent preference; (g) any other ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) Act, 1988, w.e.f. 31-5-1991. [4] Sub-clauses (iii) and (iv). Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000, as provisions relating to managing agents, etc. had become redundant after abolition of system by Act 17 of 1969. [5] Sub-clauses (iii) and (iv). Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000, as provisions relating to managing agents, etc. h ..... X X X X Extracts X X X X X X X X Extracts X X X X
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