Bare ActsKerala Chitties Act, 1975

Section 46

Commencement and effect of winding up order.--

Amendment status not verified — confirm the current text below against the official source.

An order for the winding up of a chitty shall operate in favour of all the subscribers to whom amounts are due from the chitty and it shall be deemed to have commenced from the time of the presentation of the petition for the winding up.

Section 46 – Kerala Chitties Act, 1975 | DailyLaw.ai