Powers Vested In Company Law Board

104(4B) To authorize formation of one or more benches from among its members.

17(2) To confirm alteration in memorandum of association as to change place of registered office from

one state to another or with respect to objects of a company.

18(4) To extend time for filling of documents or for registration of alteration.

43 To grant relief to a private company from consequence of accidental failure to comply with

conditions constituting it a private company.

49(10) To direct an immediate inspection of register of investment if inspection is refused.

58A(9) To take cognizance of any case of non- payment of deposits and to direct repayment of such

deposits forth with in specified time subject to certain conditions.

80A(1) To give consent to issue of further redeemable preference shares in lieu of irredeemable shares.

79(2) To sanction issue of shares at a discount.

111 To hear appeal against refusal of registration of transfer/transmission of shares / debentures and pass an order dismissing the appeal or rejecting application /directing registration of transfer transmission or rectification of register of members.

113(3) To extend any of the periods within which certificates of debentures and pass an order dismissing the appeal or rejecting application/direction registration of transfer/transmission or rectification of register of members.

118(3) To pass an order directing that a copy of trust deed be sent forthwith to person requiring it.

141(1)&(3) To grant relief by extension of time or condoning delay in filing particulars of a charge or modifications of a charge or intimation of payment or satisfaction of a charge with Registrar.

144(4) To pass an order directing immediate inspection of copies of instrument creating charges or register of charges.

163(6) To pass an order directing immediate inspection of registers and returns or directing copies thereof be sent forthwith to person requiring it.

167 To call or direct calling of annual general meeting of a company and give ancillary or consequential directions.

186 To order a meeting of company to be called, held and conducted and to give ancillary and consequential directions for holding and conducting meeting.

188(5) To decide as to whether rights of requisitionists to get their resolution circulated to shareholders is being abused to secure needless publicity for defamatory matter and to order company’s costs on an application to be paid in whole or in part by retiring auditors.

235(2) To declare by an order that affairs of a company be investigated by inspectors.

237 To form an opinion as to circumstances requiring in investigation of the affairs of a company.

247(1A) To declare , in the course of any proceedings , by an order that affairs of a company be investigated as regards membership of company.

248(1) To investigate ownership of any shares in or debentures of a company.

250 To pass an order imposing certain restrictions

269(7)/(8)(9) To decide on reference as to whether there has been a contravention of schedule XIII. If yes , to make an order as to penalty, cessation of appointees office and refund of remuneration.

284(4) proviso To decide as to whether right of a director to get his representation circulated and read out at meeting is being abused to secure needless publicity for defamatory matter and to order company`s cost on application to be paid in whole or in part b such director.

304(2)(b) To pass an order directing immediate inspection of register maintained under section 303.

307(9) To pass an order directing immediate inspection of register maintained under the section.

388B to

388E To recommend removal of managerial personnel.

397,398 To recommend removal of managerial personnel.

400,401,

402,403,

404,405

407(1)(b) To grant leave for an appointment of managerial director or manager whose agreement has

been terminated or set aside provided notice has been served on Central Government.

408(1),(2), To decide whether it is necessary to appoint Government directors on board of directors and

&(5) to advise Central Government accordingly.

409(1) To prevent change in board of directors likely to affect company prejudicially.

614(1) To pass an order directing a company to make good the default from its failure to make

returns, etc., to Registrar.

621A To compound certain offences.