Liquidator's call: contributors must pay mandated contributions into the liquidation account by the court ordered deadline. Leave is given to the Official Liquidator to make a call on all contributories, fixing an amount per share, and each contributory must, by a specified ... Summary
Liquidator's call: contributors must pay mandated contributions into the liquidation account by the court ordered deadline.
Leave is given to the Official Liquidator to make a call on all contributories, fixing an amount per share, and each contributory must, by a specified date, pay the amount due to the Official Liquidator or into the public account of India at the Reserve Bank of India to the credit of the company's liquidation account, pursuant to the winding-up order, the list of contributories and the certificate of final settlement.
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