Companies Act, 1956

Section - 421 - Filing of accounts of receivers

Receivers and managers

Filing of accounts of receivers

421. Every receiver of the property of a company who has been appointed under a power conferred by any instrument and who has taken possession, shall once in every half year while he remains in possession, and also on ceasing to act as receiver, file with the Registrar an abstract in the prescribed form of his receipts and payments during the period to which the abstract relates.

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