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.


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

Indian Laws – Bare Acts


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