TMI BlogPower of Central Government to make rules relating to winding up.X X X X Extracts X X X X X X X X Extracts X X X X ..... ompany by the Tribunal; (ii) for the voluntary winding up of companies, whether by members or by creditors; (iii) for the holding of meetings of creditors and members in connection with proceedings under section 391; (iv) for giving effect to the provisions of this Act as to the reduction of the capital; (v) generally for all applications to be made to the Tribunal under the provisions of this Act; (vi) the holding and conducting of meetings to ascertain the wishes of creditors and contributories; (vii) the settling of lists of contributories and the rectifying of the register of members where required, and collecting and applying the assets; (viii) the payment, delivery, conveyance, surrende ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d (b) may make rules consistent with the Code of Civil Procedure, 1908 (5 of 1908) ___ (i) as to the mode of proceedings to be had for winding up a company in High Courts and in Courts subordinate thereto; (ii) for the voluntary winding up of companies, whether by members or by creditors; (iii) for the holding of meetings of creditors and members in connection with proceedings under section 391; (iv) for giving effect to the provisions of this Act as to the reduction of the capital [2] [* * *]; and (v) generally for all applications to be made to the Court under the provisions of this Act. (2) Without prejudice to the generality of the foregoing power, the Supreme Co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) shall continue in force and be deemed to have been made by the Supreme Court unless and until they are superseded by rules made by the Supreme Court after such commencement." --------------------------------------- Notes:- 1. Substituted by the Companies (Amendment) Act, 1960, Act 65 of 1960, section 212, for certain words. 2. The words "and the sub-division of the shares of a company" omitted by the Companies (Amendment) Act, 1960,Act 65 of 1960, section 212. 3. Inserted by the Companies (Amendment) Act, 1960, Act 65 of 1960, section 212. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
