Rule 39 - Directions at hearing of summons. - Company Court Rules, 1959

Directions at hearing of summons. [14] 39. Upon the hearing of the summons for directions, the Court shall give such directions as it may think fit for the advertisement of the petition, and the service of notices on the debenture holders and creditors of the company, if any, and such other persons whose interests will, in the opinion of the Court, be affected by the alteration. The order on the summons shall be in Form No. 13. The notice shall be in Form No. 14. Where the Court thinks fit to dispense with the notice required by section 17(3)(a) in the case of any person or class of persons it shall record its reasons for doing so. --------------------------------- Notes:- [14] Powers of the Court have been conferred on the Company Law Board by the Companies (Amendment) Act, 1974, w.e.f. 1-2-1975.