Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Liquidator May Disclaim Liabilities with Court Permission Under Terms in Form No. 132, Company Court Rules 1959.</h1> On hearing the summons, the court may, after considering the Liquidator's input and any other interested parties responding to notices, grant the Liquidator permission to disclaim certain liabilities or interests. This permission is subject to terms and conditions deemed just by the court. The order granting such leave must adhere to Form No. 132 as specified in the Company Court Rules, 1959.
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