Section 15
Determination of genuine shares.
The Richardson and Cruddas Limited (Acquisition and Transfer of Undertaking) Act, 1972
About this Act
An Act to provide for the acquisition and transfer of the undertaking of the Richardson and Cruddas Limited, for the reconstruction of the register of its members and for matters connected therewith or incidental thereto.
The Tribunal shall, after taking such evidence as may be
adduced before it and after making such inquiry as it may think fit and after hearing such persons as may
desire to be heard, determine which of the documents purporting to be shares represent, in reality, a
contribution to the capital of the old company, and on such determination, all other documents purporting
to be shares shall stand declared to be spurious and shall stand cancelled.