Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Statutory Provisions

Home Acts & Rules Bill Bills COMPANIES BILL, 2011 Chapters List Chapter XX - Part IV Official liquidators This

Clause 363 - Settlement of claims of creditors by Official Liquidator. - COMPANIES BILL, 2011

COMPANIES BILL, 2011
Chapter XX - Part IV
Official liquidators
  • Contents

Settlement of claims of creditors by Official Liquidator.

     363. (1) The Official Liquidator within thirty days of his appointment shall call upon the creditors of the company to prove their claims in such manner as may be prescribed, within thirty days of the receipt of such call.

      (2) The Official Liquidator shall prepare a list of claims of creditors in such manner as may be prescribed and each creditor shall be communicated of the claims accepted or rejected along with reasons to be recorded in writing.

 
 
 
 

Quick Updates:Latest Updates