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

TMI Blog

Home

Summons under section 542(1)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y be] Applicant v .............. Respondents Summons under section 542(1) Let all parties attend the sitting Judge in chambers on .............. (day), the ............ day of .............. 19 ......., at .............. o'clock in the .............. noon on the hearing of an application under section 542(1) on the part of the [Official] Liquidator of the company aforesaid [or, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... C.D., etc., or, as the case may be] and the respondents as the .............. of the company were knowingly parties to the carrying on of the business of the said company in the manner aforesaid. 2. A declaration that the respondents .............. (Names) .............. shall be personally responsible, without any limitation of liability, for all the debts or other liabilities of the company. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the respondent on which the charge is created under section 542(2)(b)]. [and that the liability of the respondent C.D., thereunder shall be and constitute a first charge on the debenture issued by the said company to him, and the money secured thereby]. 6. An order that the respondents do pay to the applicant costs of and incidental to this application. 7. Such other order in the premises as t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates