Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 460] [Entire Act]

Union of India - Subsection

Section 460(3) in The Companies Act, 1956

(3)The Liquidator-
(a)may summon general meetings of the creditors or contributories, whenever he thinks fit, for the purpose of ascertaining their wishes;
(b)shall summon such meetings at such times, as the creditors or contributories, as the case may be, may, by resolution, direct, or whenever requested in writing to do so by not less than one-tenth in value of the creditors or contributories, as the case may be.