Section 30Section 30

s. 30

30 Notwithstanding anything contained to the contrary in the Company Act, 1994 (Act No. XVIII of 1994), the Government, for efficient performance of the Company converted under sub-section (1) of section 29, shall have power to- (a) amend the Memorandum of Association and Articles of Association of the Company; (b) dissolve the Board of Directors of the Company and constitute or reconstitute the Board of Directors; or (c) take any other measure, as and when necessary.