Provisions applicable to every mode of winding up ‑ Payment to claimant resident in India whether Indian or foreign national ‑ Whether to be made by rupee cheques

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..... ‑III, Dated:- 30-7-1959 Circular - Circulars - Companies Law - File No. 6/13/59 ‑ CL ‑ III, dated 30 ‑ 7 ‑ 1959. Subject:- Provisions applicable to every mo .....

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..... to claimants outside India should be made through a bank authorised to deal in foreign exchange after obtaining from the parties necessary exchange control permits from the Reserve Bank. Payment can .....

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