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[Cites 0, Cited by 0] [Section 263] [Entire Act]

Union of India - Subsection

Section 263(1) in Companies (Court) Rules, 1959

(1)An application for leave to disclaim any part of the property of a company pursuant to sub-section (1) of section 535 shall be made by a summons supported by an affidavit setting out of the full facts relating to the property and the parties interested nature of their interests, and stating whether the company is solvent any notice has been served on the liquidator by any party under sub-section (4) of the said section requiring him to elect whether or not he will disclaim.