Sick Industrial Companies (Special Provisions) Act, 1985 Section 23B - Bare Act

¹[23B. Power of Board to call for periodic information

On receipt of a report under sub-clause (i) of clause (a) of sub-section (1) of section 23 or under sub-section (1) of section 23A or upon information or its own knowledge under sub-section (2) of section 23A, the Board 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 and the company shall furnish such information.]

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1. Inserted by Act 12 of 1994, sec. 15 (w.e.f. 1-2-1994).