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)
Calls by company liquidator: tribunal may grant leave to make statutory calls under winding up provisions. Rule 131 of the Companies (Winding Up) Rules, 2020 authorises the Tribunal to grant leave to the Company Liquidator to make calls referred to in the Act's winding up provisions, subject to the statutory limitation set out in the relevant provision.
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.
Calls by company liquidator: tribunal may grant leave to make statutory calls under winding up provisions.
Rule 131 of the Companies (Winding Up) Rules, 2020 authorises the Tribunal to grant leave to the Company Liquidator to make calls referred to in the Act's winding up provisions, subject to the statutory limitation set out in the relevant provision.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.