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)
Minor proxy prohibition bars appointment of minors as general or special proxies in creditor and contributory meetings. Minor persons are disqualified from serving as proxies in meetings of creditors and contributories: no individual who is a minor may be appointed as either a general proxy or a special proxy under the Companies (Winding Up) Rules, 2020.
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.
Minor proxy prohibition bars appointment of minors as general or special proxies in creditor and contributory meetings.
Minor persons are disqualified from serving as proxies in meetings of creditors and contributories: no individual who is a minor may be appointed as either a general proxy or a special proxy under the Companies (Winding Up) Rules, 2020.
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