Section Text
If the managing director or any other director1[***] or the manager, of a company, or any other person, who has not been impleaded as a respondent to any application under section 397 or 398 applies to be added as a respondent thereto, the2[Tribunal] shall, if it is satisfied that there is sufficient cause for doing so, direct that he may be added as a respondent accordingly.
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1. The words "the managing agent, secretaries and treasurers," omitted by Act 53 of 2000, Section 181 (w.e.f.13-12-2000).
2 . Substituted by Act 31 of 1988, Section 67, for "Court" (w.e.f. 31- 5-1991) and again Substituted by Act 11 of 2003, Section 44 for "Company Law Board".