We heard you! Soon we are bringing you the biggest update yet with Updated & New acts, all Central and State acts, the Constitution of India, and a dedicated Mobile App! 🚀
(1) Any creditor aggrieved by the decision of the Official Liquidator
under section 363 may file an appeal before the Central Government within thirty days of such decision.
(2) The Central Government may after calling the report from the Official Liquidator either dismiss
the appeal or modify the decision of the Official Liquidator.
(3) The Official Liquidator shall make payment to the creditors whose claims have been accepted.
(4) The Central Government may, at any stage during settlement of claims, if considers necessary,
refer the matter to the Tribunal for necessary orders.
Download our fully-offline, High speed android app.- Click here