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of <h1>Tribunal Can Order Transfer of Company Assets to Liquidator Under Section 468 of Companies Act, 1956</h1> Section 468 of the Companies Act, 1956, outlines the authority of the Tribunal to mandate the delivery of company assets to a liquidator during the winding-up process. After issuing a winding-up order, the Tribunal can require any contributory, trustee, receiver, banker, agent, officer, or other employee of the company to promptly transfer any money, property, books, or papers under their control to the liquidator. These assets must be those to which the company is prima facie entitled. The provision ensures that the liquidator has access to the company's assets for proper administration during liquidation.
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