Section 196 – THE COMPANIES (COURT) RULES, 1959

196. List of contributories under section 104(1)(b)

Where, on the application of a creditor made under section 104(1)(b) the Court thinks fit to direct that a list of persons liable to contribute to his debt or claim be settled, such list shall be settled in the same manner as a list of ordinary contributories of a company in a winding-up.

General meetings of creditors and contributories in a winding-up by Court and of creditors in a creditors’ voluntary winding-up

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