TypeBare Act JurisdictionCentral Government Enacted2002

Companies (Second Amendment) Act, 2002 Section 115

Amendment of Section 583

Section Text


In section 583 of the principal Act,--

(a) in sub-section (1), for the words, brackets and figure "sub-sections (2)", the words, brackets and figure "sub-section (3)" shall be substituted;

(b) sub-section (2) shall be omitted;

(c) in sub-section (3), for the words "or subject to the supervision of Court", the words "by the Tribunal" shall be substituted;

(d) in sub-section (4), for the word "Court", the word "Tribunal" shall be substituted;

(e) in sub-section (5),--

(i) in clauses (a) and (b), for the word "Court", the word "Tribunal" shall be substituted;

(ii) in clause (c), or the words "order of any Court", the words "order of any Court or Tribunal" shall be substituted;

(iii) in clause (d), for the words "satisfaction of the Court", the words "satisfaction of the Tribunal" shall be substituted.