Chapter 5
Liquidation Of Company
Contains Sections:

37

Liquidation Of Company On Issuance Of Order For Liquidation

38

Consequences On The Commencement Of Liquidation Proceedings

39

Conversion Of Liquidation Of Company Into Restructuring Program

40

Functions, Duties And Powers Of Liquidator

41

Money To Be Lent By Creditor

42

Report To Be Submitted By Liquidator

43

To Call Meeting Of Creditors

44

Power To Form Committee Of Creditors

45

To Give Time Limit For Submission Of Debt Claim

46

Power Of The Court To Make Order In Relation To Liquidation Ofcompany

47

Cancellation Of Registration Of Company

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