Home Acts & Rules Companies Law Rules Company Court Rules, 1959 This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Rule 146 - Order sanctioning payment to Committee. - Company Court Rules, 1959Extract Order sanctioning payment to Committee.- 146. Where the sanction of the Court to a payment to a member of the Committee of Inspection for services rendered by him in connection with the administration of the company's assets is obtained, the order of the Court shall specify the nature of the services, and such sanction shall only be given where the service performed is of a special nature. Except by the express sanction of the Court, no remuneration shall be paid to a member of the Committee for services rendered by him in the dis charge of the duties attaching to his office as a member of such Committee.
|