Does Company Law Board have the power of seeking responses from other authorities i.e SEBI,RBI,CCI in case there is allegation of violation of SEBI act, RBI act, Competition Act.
Saurabh Kumar (Student) 10 October 2014
Does Company Law Board have the power of seeking responses from other authorities i.e SEBI,RBI,CCI in case there is allegation of violation of SEBI act, RBI act, Competition Act.
Sunil S Nair (lawyer) 11 October 2014
Very well yes in interest of share holders right
T. Kalaiselvan, Advocate (Advocate) 17 October 2014
Appreciable reply by ld. Mr.Nair. The CLB can very well seek opinion from its sister authorities on issues involving common interest.
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