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)
Contumacy procedure requires reporting refusal to answer during tribunal-appointed examinations, leading to tribunal proceedings and comparable sanctions. If an examinee before a person or authority appointed by the Tribunal refuses to answer to the satisfaction of that person or authority, the examiner shall forthwith report the refusal to the Tribunal; the examinee will be dealt with as if he had defaulted before the Tribunal. The written report must set forth the questions and any answers, notify the examinee of the date to attend before the Tribunal, be in Form WIN 67, and the Tribunal may take such action as it thinks fit.
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.
Contumacy procedure requires reporting refusal to answer during tribunal-appointed examinations, leading to tribunal proceedings and comparable sanctions.
If an examinee before a person or authority appointed by the Tribunal refuses to answer to the satisfaction of that person or authority, the examiner shall forthwith report the refusal to the Tribunal; the examinee will be dealt with as if he had defaulted before the Tribunal. The written report must set forth the questions and any answers, notify the examinee of the date to attend before the Tribunal, be in Form WIN 67, and the Tribunal may take such action as it thinks fit.
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