Lawzonline.com 
 
Home|Discussion Forum|Communities|Professional Search|Law Dictionary|Bare Acts|Law Schools|State Bare Acts||Law quotes
Articles  |    Humor    |    Law Digest
 
 
Bare acts search

 
 
 
Bare acts > Companies (Court) Rules, 1959 > Rule 280
 
    


280. Payment of dividend or return of capital due to a deceased creditor or contributory.- Where a claim made in respect of a dividend due to a deceased creditor or a return of capital due to a deceased contributory is Rs. 500 or less, the Official Liquidator may, upon satisfying himself as to the claimant's right and title to receive the dividend or the return as the case may be, apply to the Court for sanctioning the payment of such dividend or return to the claimant without the production of a succession certificate or like authority. Where the Court sanctions the payment. the Official Liquidator shall make the payment upon obtaining a personal indemnity from the payee.

Termination of Winding-up

 

 

 

 

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

 

 

Quick Links     
      
Family LawsInsurance LawsEnvironmental lawTax LawFDI 
Company LawTelecommunication LawLabour LawsCentral RulesRBI 
Business & Commercial LawsConsumer lawsCorporate lawsCriminal lawsSEBI 
Intellectual Property lawMedia & Press lawsPharma & Medical lawsProperty lawFEMA 
Debt Recovery LawsAmendmentsProfessional lawBanking LawsLegal Links 
      
      
 
 
India No 1 Business Directory and Classified Portal

 
 
 
 

 
   
 

 

 

Privacy PolicyDisclaimer

Copyright @Lawzonline.com