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        Companies Law

        Section 468 - Delivery of property to liquidator.

        Companies Act, 1956
        Chapter VII
        WINDING UP

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        Delivery of property to liquidator: connected persons must surrender company assets and records to the liquidator on demand. Section 468 empowers the Tribunal after a winding up order to require contributories, trustees, receivers, bankers, agents, officers or employees to pay, deliver, surrender or transfer, forthwith or within a Tribunal-directed time, any money, property or books and papers in their custody or under their control to which the company is prima facie entitled, to the liquidator.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                      Provisions expressly mentioned in the judgment/order text.

                          Delivery of property to liquidator: connected persons must surrender company assets and records to the liquidator on demand.

                          Section 468 empowers the Tribunal after a winding up order to require contributories, trustees, receivers, bankers, agents, officers or employees to pay, deliver, surrender or transfer, forthwith or within a Tribunal-directed time, any money, property or books and papers in their custody or under their control to which the company is prima facie entitled, to the liquidator.


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