PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY <BR> LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP - Companies (Winding Up) Rules, 2020
PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY <BR> LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP - Companies (Winding Up) Rules, 2020
Substitution of contributory in winding up petitions requires amendment and affidavit filed within seven days; petition retains original presentation date. When the Tribunal orders substitution of a contributory as petitioner, it shall adjourn the hearing to a date fixed by the Bench, direct necessary ... Summary
Substitution of contributory in winding up petitions requires amendment and affidavit filed within seven days; petition retains original presentation date.
When the Tribunal orders substitution of a contributory as petitioner, it shall adjourn the hearing to a date fixed by the Bench, direct necessary amendments, and require the substituted contributory to amend the petition within seven days and file two legible copies plus an affidavit in duplicate setting out the grounds; the amended petition is treated as the petition for winding up and is deemed presented on the date the original petition was presented.
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