Companies Act, 2017 — section 8

8. Reference by the Federal Government or Commission to the Court..—(1) Without prejudice to the powers, jurisdiction and authority exercisable by the concerned Minister-in-Charge of the Federal Government or any functionary thereof or the Commission under this Act, the concerned Minister-in-Charge of the Federal Government or the Commission, as the case may be, may make a reference to the Court, on any question or matter which is considered to be of special significance requiring orders, determination or action concerning affairs of a company or class of companies or any action of any officer thereof. Explanation.—In this sub-section “officer” includes an auditor, liquidator or agent of the company.

(2)Where a reference is made to the Court under sub-section (1), the Court may make such order as it may deem just and equitable under the circumstances. PART IV INCORPORATION OF COMPANIES AND MATTERS INCIDENTAL THERETO