Section 468 - Delivery of property to liquidator. - Companies Act, 1956

Delivery of property to liquidator. 468. 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. -------------------------------------- Notes:- [1] Substituted for "Court" by the Companies (Second Amendment) Act, 2002, w.e.f. a date yet to be notified. [2] Substituted by the Companies (Amendment) Act, 1960, Act 65 of 1960, section 175, for "or officer". [3] Substituted by the Companies (Amendment) Act, 1960, section 175, for "in his hands".