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The Companies(Removal of Difficulties) Fourth Order, 2014

The Central Government in exercise of the powers conferred under Section 470(1) of the Companies Act, 2013, passed an order called the Companies (Removal of Difficulties) Second Order, 2014 dated June 2, 2014 to the effect that the Company Law Board shall exercise the jurisdiction, powers, authority and functions under Section 74(2) of the Act until a date is notified by the Central Government under Section 434(1) of the Act. - Gazette Notification dated June 6, 2014

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Power to re-assess by AO and disclosure of material facts

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The recovery of vehicles by the financier not an offence - SC

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