Banking Regulation Act : Special provisions to make calls on contributories. Indian Bare Acts :

Banking Regulation Act,1949

Act No : 10

Section : Special provisions to make calls on contributories.

45E. Special provisions to make calls on contributories.- 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 1*[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.