Finance Companies Act · s 30A

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s 30APowers of Minister

Where the Minister has taken action under section 30(2), he may exercise one or more of the following powers -

(a)

confirm. vary or reverse any requiren~ent, appointment or direction made by him;

(b)

make such order as he may think fit in relation to the affairs of the finance company concerned and exercise any power under section 30;

(c)

present a petition to the High Court for the winding-up of the finance company by the High Court.

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