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The Companies Act, 1956

Revival and Rehabilitation (Section 424A to 424L)

Section 424J- Power of Tribunal to call for periodic information.

[This section was inserted by Companies (Second Amendment) Act 2002 but effective date not notified till date.]

Section 424J- Power of Tribunal to call for periodic information.

On receipt of reference under section 424A, the Tribunal may call for any periodic information from the company as to the steps taken by the company to make its net worth exceed the accumulated losses or to make repayment of its debts referred to in that section, as the case may be, and the company shall furnish such information.