Bare ActsThe Travancore-Cochin Insolvency Act, 1956 (No.2 of 1956)

Section 68

No su'tt for dwzdend

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

No su'tt for dwzdend. No sUit for a dividend shall lie agamst the receiver, but wher<? the receiver refuses to pay any dividend, the Court may, on thP application of any creditor who is entered m the schedule, ,,rder him to pay it, and also to pay out of his own money intet est thereon for the time that It is withheld, and the costs of the application.

Section 68 – The Travancore-Cochin Insolvency Act, 1956 (No.2 of 1956) | DailyLaw.ai