It can manage a company’s affairs, buy shares, and change agreements. Section 242 of the companies act 2013 gives the national company law tribunal (nclt) power. Powers of tribunal.— (1) if, on any application made under section 241, the tribunal is of the opinion—
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Explore the details of section 242 of the companies act, including its significance for company operations and legal compliance. (1) if, on any application made under.
