All posts by Tina Saha - 756. page

Professional Tax Consultant and Article Writer

Circumstances in which company may be wound up by Tribunal : Section – 433.  A company may be wound up by the Tribunal,—           (a)   if the company has, by special resolution, resolved […]

Contributories in case of winding up of a body corporate which is a member : Section – 432.  If a body corporate which is a contributory is ordered to be […]

Contributories in case of insolvency of member : Section – 431.  If a contributory is adjudged insolvent, either before or after he has been placed on the list of contributories,— (a )  his […]

Contributories in case of insolvency of member : Section – 431. If a contributory is adjudged insolvent, either before or after he has been placed on the list of contributories,—          (a )  his […]

Contributories in case of death of member : Section – 430. (1) If a contributory dies either before or after he has been placed on the list of contributories, his legal […]

Nature of liability of contributory : Section – 429. (1) The liability of a contributory shall create a debt accruing due from him at the time when his liability commenced, but […]

Definition of “contributory” : Section – 428. The term “contributory” means every person liable to contribute to the assets of a company in the event of its being wound up, and […]

Obligations of directors and managers whose liability is unlimited : Section – 427. In the winding up of a limited company, any director[***] or manager, whether past or present, whose liability […]

Obligations of directors and managers whose liability is unlimited : Section – 427. In the winding up of a limited company, any director [***] or manager, whether past or present, whose liability is, […]

Liability as contributories of present and past members : Section – 426. (1) In the event of a company being wound up, every present and past member shall be liable to […]