Verification of claims in liquidation: liquidator's power to verify claims and call for supporting evidence was later omitted. Verification of claims in liquidation was earlier governed by section 39. The liquidator had to verify claims submitted under section 38 within the time specified by the Board and could require any creditor, the corporate debtor, or any other person to produce additional documents or evidence necessary to verify the whole or any part of a claim. The section was later omitted.
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.
Verification of claims in liquidation: liquidator's power to verify claims and call for supporting evidence was later omitted.
Verification of claims in liquidation was earlier governed by section 39. The liquidator had to verify claims submitted under section 38 within the time specified by the Board and could require any creditor, the corporate debtor, or any other person to produce additional documents or evidence necessary to verify the whole or any part of a claim. The section was later omitted.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.