Unlock Advanced Research with PRISMAI Integrated with over 4 crore judgments and laws — designed for legal practitioners, researchers, students and institutions - Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ... Upgrade to Premium Document Options Get in PDF Print it! [Cites 0, Cited by 0] [Section 448(5)] [Section 448] [Entire Act] Union of India - Subsection Section 448(5)(b) in The Companies Act, 1956 (b)be treated as first charge on the realisation of the assets and be paid to the Official Liquidator or to the Central Government, as the case may be.