https://www.taxtmi.com/caselaws?id=96576 A contributory's winding-up liability is a statutory debt enforceable by calls, but payment made to the Official Liquidator in his official capacity, after notice of liability and before the formal call order, discharged that liability in the circumstances. The Court treated the payment as effective where there was no clear proof that the company was deprived of the benefit of the money or that it was properly traced and misapplied. It was therefore unjust to require the contributory to pay the same amount again merely because the money had not been deposited in the bank account later specified for calls. en-us Fri, 01 Jan 1932 00:00:00 +0530 Mon, 09 Jan 2012 15:14:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96576 A contributory's winding-up liability is a statutory debt enforceable by calls, but payment made to the Official Liquidator in his official capacity, after notice of liability and before the formal call order, discharged that liability in the circumstances. The Court treated the payment as effective where there was no clear proof that the company was deprived of the benefit of the money or that it was properly traced and misapplied. It was therefore unjust to require the contributory to pay the same amount again merely because the money had not been deposited in the bank account later specified for calls. Case-Laws Companies Law Fri, 01 Jan 1932 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96576