Call payment obligation requires recipients to pay specified sum to the Official Liquidator or RBI and notify with bank voucher. Form No. 105 notifies specified persons of a court sanctioned call payment obligation, requiring payment to the Official Liquidator or into the Reserve Bank public account to the credit of the company's Liquidation Account by a stated date; the payer must produce the notice and copy order at the bank if paying into the Reserve Bank and must promptly notify the Official Liquidator enclosing the bank voucher, noncompliance leading to enforcement proceedings.
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Provisions expressly mentioned in the judgment/order text.
Call payment obligation requires recipients to pay specified sum to the Official Liquidator or RBI and notify with bank voucher.
Form No. 105 notifies specified persons of a court sanctioned call payment obligation, requiring payment to the Official Liquidator or into the Reserve Bank public account to the credit of the company's Liquidation Account by a stated date; the payer must produce the notice and copy order at the bank if paying into the Reserve Bank and must promptly notify the Official Liquidator enclosing the bank voucher, noncompliance leading to enforcement proceedings.
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