Chapter-5 Liquidation of Company

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Sections

Section 37: Liquidation of company on issuance of order for liquidation
Section 38: Consequences on the commencement of liquidation proceedings
Section 39: Conversion of liquidation of company into restructuring program
Section40: Functions, duties and powers of liquidator
Section 41: Money to be lent by creditor
Section 42: Report to be submitted by liquidator
Section 43: To call meeting of creditors
Section 44: Power to form committee of creditors
Section 45: To give time limit for submission of debt claim
Section 46: Power of the Court to make order in relation to liquidator of Company
Section 47: Cancellation of registration of Company

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