Bare ActsKerala Chitties Act, 1975

Section 50

Suits stayed on winding up order.--

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

When a winding up order has been made or an interim receiver has been appointed, no suit or other legal proceedings shall be continued or commenced against the foreman by a subscriber for the realisation of amounts due to him in respect of the chitty except with the leave of the Court winding up the chitty and on such terms as the Court may impose.

Section 50 – Kerala Chitties Act, 1975 | DailyLaw.ai