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of <h1>Rule 102: Procedure for Substituting Creditor or Contributory as Petitioner in Winding-Up Petition Explained</h1> Rule 102 of the Company Court Rules, 1959, outlines the procedure when a judge orders the substitution of a creditor or contributory as the petitioner in a winding-up petition. The judge will adjourn the petition hearing to a new date and require necessary amendments to the petition. The substituted party must amend the petition within seven days, file two clean copies, and submit an affidavit detailing the grounds for supporting the petition. The amended petition will be treated as the original petition for winding up, effective from the date the initial petition was filed.
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