PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP (From Rule 179 to Rule 182)
Validity of creditor meetings despite non-receipt of notice; tribunal retains power to order otherwise under winding up rules. Proceedings and resolutions of a summoned meeting of creditors or contributories remain valid even if some did not receive the notice sent to them, unless the Tribunal orders otherwise.
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.
Validity of creditor meetings despite non-receipt of notice; tribunal retains power to order otherwise under winding up rules.
Proceedings and resolutions of a summoned meeting of creditors or contributories remain valid even if some did not receive the notice sent to them, unless the Tribunal orders otherwise.
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