Notwithstanding that the list of the contributories has not been settled under 1[section 467 of the Companies Act, 1956 (1 of 1956)], the High Court may, if it appears to it necessary or expedient so to do, at any time after making a winding up order, make a call on and order payment thereof by any contributory under sub-section (1) of 2[section 470 of the Companies Act, 1956] if such contributory has been placed on the list of contributories by the official liquidator and has not appeared to dispute his liability.
Footnotes in the official text
- 1.Subs. by Act 95 of 1956, s. 14 and the Sch., for “section 184 of the Indian Companies Act, 1913 (7 of 1913)” (w.e.f. 14-1-1957).
- 2.Subs. by s. 14 and the Sch., ibid., for “section 187 of the Indian Companies Act, 1913 (7 of 1913)” (w.e.f. 14-1-1957).