Power to summon persons suspected of holding company assets enables compelled examination, production and enforcement of payment or delivery orders. The Tribunal, after appointment of a provisional liquidator or a winding up order, may summon officers or persons suspected of possessing company property, books, papers, or being indebted to the company, and examine them on oath orally or by written interrogatories; require production of such books and papers subject to claimed liens which the Tribunal will determine; apprehend persons who fail to appear without lawful impediment; and order payment or delivery to the provisional liquidator or liquidator, with such orders executed as civil decrees and discharging the payer or deliverer from liability unless otherwise directed.
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.
Power to summon persons suspected of holding company assets enables compelled examination, production and enforcement of payment or delivery orders.
The Tribunal, after appointment of a provisional liquidator or a winding up order, may summon officers or persons suspected of possessing company property, books, papers, or being indebted to the company, and examine them on oath orally or by written interrogatories; require production of such books and papers subject to claimed liens which the Tribunal will determine; apprehend persons who fail to appear without lawful impediment; and order payment or delivery to the provisional liquidator or liquidator, with such orders executed as civil decrees and discharging the payer or deliverer from liability unless otherwise directed.
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