Section 293: Books to be kept by Company Liquidator
This section is for keeping and inspecting books by the Company Liquidator.
The section, clause by clause
What the section says
In plain terms
(1)The Company Liquidator shall keep proper books in such manner, as may be prescribed, in which he shall cause entries or minutes to be made of proceedings at meetings and of such other matters as may be prescribed.
The Company Liquidator must keep proper books as prescribed, recording meetings and other prescribed matters.
(2)Any creditor or contributory may, subject to the control of the Tribunal, inspect any such books, personally or through his agent.
Creditors or contributories can inspect these books, either personally or through an agent, under the control of the Tribunal.
The right-hand column is written from the section text, not quoted from it, and it has no legal force. Where the two differ, the left-hand column is the law.
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Reproduced from the official India Code print for reference. Check the current text on India Code before you rely on it, and read the section alongside its Rules. Nothing here is legal advice.