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Home Acts & Rules Companies Law Rules Companies (Winding Up) Rules, 2020 Part III = WINDING UP BY TRIBUNAL (OTHER THAN SUMMARY WINDING UP) Chapters List This

WINDING UP BY TRIBUNAL (OTHER THAN SUMMARY WINDING UP) - Companies (Winding Up) Rules, 2020

Part: III
WINDING UP BY TRIBUNAL (OTHER THAN SUMMARY WINDING UP)
DEBTS AND CLAIMS AGAINST COMPANY
Rule 100 : Notice for proving debts
Rule 101 : Proof of debt
Rule 102 : Mode of proof and verification thereof
Rule 103 : Contents of proof
Rule 104 : Workmen's dues
Rule 105 : Production of bills of exchange and promissory notes
Rule 106 : Value of debts
Rule 107 : Discount
Rule 108 : Interest
Rule 109 : Periodical payments
Rule 110 : Proof of debt payable at future time
Rule 111 : Examination of proof
Rule 112 : Company Liquidator's right to call any person in connection with investigation
Rule 113 : Affidavit
Rule 114 : Costs of proof
Rule 115 : Acceptance or rejection of proof to be communicated
Rule 116 : Appeal by creditor
Rule 117 : Procedure where creditor appeals
Rule 118 : Company Liquidator not to be personally liable for costs
Rule 119 : Proofs and list of creditors to be filed in Tribunal
Rule 120 : List of creditors not to be varied
Rule 121 : Notice of filing list and inspection of same
Rule 122 : Expunging of proof
Rule 123 : Procedure on failure to prove debt within time fixed
Rule 124 : Right of creditor who has not proved debt before declaration of dividend
Rule 125 : Payment of subsequent interest
ATTENDANCE AND APPEARANCE OF CREDITORS AND CONTRIBUTORIES
Rule 126 : Attendance at proceedings
Rule 127 : Representation of creditors and contributories before Tribunal
COLLECTION AND DISTRIBUTION OF ASSETS IN WINDING UP BY TRIBUNAL
Rule 128 : Powers of Company Liquidator
Rule 129 : Company Liquidator to be in position of receiver
Rule 130 : Company’s property to be surrendered to Company Liquidator on requisition
CALLS IN WINDING UP BY TRIBUNAL
Rule 131 : Calls by Company Liquidator
Rule 132 : Company Liquidator to realise uncalled capital
Rule 133 : Application for leave to make call
Rule 134 : Notice of application
Rule 135 : Order granting leave to make call and document making call
Rule 136 : Service of notice of call
Rule 137 : Order for payment of call
Rule 138 : Other moneys due by contributories
EXAMINATION UNDER SECTIONS 299 AND 300
Rule 139 : Application for examination under section 299
Rule 140 : Directions at hearing of application
Rule 141 : Service of summons
Rule 142 : Conduct of examination
Rule 143 : Notes of deposition
Rule 144 : Order for examination under section 300
Rule 145 : Notice of examination
Rule 146 : Adjournment of examination for orders of Tribunal
Rule 147 : Procedure for contumacy
Rule 148 : Notes of examination
Rule 149 : Application under sub-section (5) of section 300
Rule 150 : Warrant of arrest of contributory
Rule 151 : Prison to which contributory arrested on warrant is to be taken
Rule 152 : Execution of warrant of arrest outside jurisdiction of Tribunal
APPLICATION AGAINST DELINQUENT DIRECTORS, PROMOTERS AND OFFICERS OF THE COMPANY
Rule 153 : Application under section 339 or section 340
Rule 154 : Directions at preliminary hearing of summons
Rule 155 : Liberty to apply for further directions
DISCLAIMER
Rule 156 : Application for disclaimer
Rule 157 : Preliminary hearing of application
Rule 158 : Claimant to furnish statement of his interest
Rule 159 : Service of notice
Rule 160 : Order granting leave to disclaim
Rule 161 : Disclaimer to be filed in Tribunal
Rule 162 : Vesting of disclaimed property
COMPROMISE OR ABANDONMENT OF CLAIMS
Rule 163 : No claim to be compromised or abandoned without sanction of Tribunal
Rule 164 : Application for sanction of compromise
SALE BY COMPANY LIQUIDATOR
Rule 165 : Sale to be subject to sanction and to confirmation by Tribunal
Rule 166 : Procedure at sale
Rule 167 : Expenses of sale
DIVIDENDS AND RETURNS OF CAPITAL IN WINDING UP BY TRIBUNAL
Rule 168 : Declaration of dividend or return of capital
Rule 169 : Notice of declaration
Rule 170 : Form of authority to pay dividend
Rule 171 : Transmission of dividends, etc. by post
Rule 172 : Form of order directing return of capital
Rule 173 : Payment of dividend or return of capital due to deceased creditor or contributory
TERMINATION OF WINDING UP
Rule 174 : Company Liquidator to apply for dissolution
Rule 175 : Dissolution of company
Rule 176 : Liquidator to pay the balance into Company Liquidation Dividend and Undistributed Assets Account
Rule 177 : Conclusion of winding up
Rule 178 : Application to declare dissolution void
PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY
LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP
Rule 179 : Statement to accompany payment
Rule 180 : Unclaimed dividends or undistributed assets under investment
Rule 181 : Application by person for payment of money paid into the Company Liquidation Dividend and Undistributed Assets Account
Rule 182 : Cost and expenses payable out of the assets in a winding up by Tribunal
 

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