Section 468 – The Companies Act,1956

The Companies Act, 1956

468. Delivery of property to liquidator.

The 1[Tribunal] may, at any time after making a winding up order, require any contributory for the time being on the list of contributories, and any trustee, receiver, banker, agent, 2[officer or other employee] of the company, to pay, deliver, surrender or transfer forthwith or within such time as the 1[Tribunal] directs, to the liquidator, any money, property or books and papers 3[in his custody or under his control] to which the company is prima facie entitled.

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1. Subs. by Act 11 of 2003, sec. 73, for “Court”.

2. Subs. by Act 65 of 1960, sec. 175, for “or officer” (w.e.f. 28-12-1960).

3. Subs. by Act 65 of 1960, sec. 175, for “in his hands” (w.e.f. 28-12-1960).

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The Companies Act, 1956

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