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Effect of alteration of memorandum or articles of company by order under section 397 or 398.

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Full Text of the Document

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.... notwithstanding any other provision of this Act, the company shall not have power, except to the extent, if any, permitted in the order, to make without the leave of the [2][Tribunal] any alteration whatsoever which is inconsistent with the order, either in the memorandum or in the articles. (2) Subject to the provisions of sub-section (1), the alterations made by the order shall, in all respec....