Question

    As per the Companies Act the Official Liquidator within

    thirty days of his appointment shall call upon the creditors of the company ____________ within thirty days of the receipt of such call
    A File a lawsuit against the company Correct Answer Incorrect Answer
    B Submit a detailed financial statement Correct Answer Incorrect Answer
    C Request an extension for claim submission Correct Answer Incorrect Answer
    D To prove their claims in such manner as may be prescribed Correct Answer Incorrect Answer
    E Either a or b or c or d Correct Answer Incorrect Answer

    Solution

    Explanation: Section 363. Settlement of claims of creditors by Official Liquidator: (1) The Official Liquidator within thirty days of his appointment shall call upon the creditors of the company to prove their claims in such manner as may be prescribed, within thirty days of the receipt of such call.

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