Companies Act, 1956
Section - 464 - Appointment and composition of committee of inspection
Committee of inspectionAppointment and composition of committee of inspection.464. [(1) (a) The [Tribunal] may, at the time of making an order for the winding up of a company or at any time thereafter, direct that there shall be appointed a committee of inspection to act with the liquidator.(b) Where a direction is given by the [Tribunal] as aforesaid, the liquidator shall, within two months from the date of such direction, convene a meeting of the creditors of the company (as ascertained from its books and documents) for the purpose of determining who are to be members of the committee.[(2) The liquidator shall, within fourteen days from the date of the creditors’ meeting or such further time as the .... To read the full section download the app from Google Play store
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