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Section 149 in The Companies Act, 1956 [Entire Act]

which he is liable to pay in cash, a proportion equal to the proportion payable on application and allotment on the shares offered for public ... which he is liable to pay in cash, a proportion equal to the proportion payable on application and allotment on the shares payable in cash
Union of India - Section Cites 0 - Cited by 141

Section 61 in The Provincial Insolvency Act, 1920 [Entire Act]

petition. (2) The debts specified in sub-section (1) shall rank equally between themselves, and shall be paid in full, unless the property ... insufficient to meet them, in which case they shall abate in equal proportions between themselves. (3) Subject to the retention of such sums
Union of India - Section Cites 0 - Cited by 55
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