Laws-2486

528 Debts of all descriptions to be admitted to proof 529 Application of insolvency rules in winding up of insolvent companies 530 Preferential payments 531 Fraudulent preference 531A Avoidance of voluntary transfer 532 Transfers for benefit of all creditors to be void 533 Liabilities and rights of certain fraudulently preferred persons 534 Effect of floating charge 535 Disclaimer of onerous property in case of a company which is being wound up 536 Avoidance of transfers etc after commencement of winding up 537 Avoidance of certain attachments, executions etc in winding up by Tribunal 538 Offences by officers of companies in liquidation 539 Penalty for falsification of books 540 Penalty for frauds by officers 541 Liability where proper accounts not kept 542 Liability for fraudulent conduct of business 543 Power of court to assess damages against delinquent directors etc 544 Liability under sections 542 and 543 to extend to partners or directors in firm or company 545 Prosecution of delinquent officers and members of company 546 Liquidator to exercise certain powers subject to sanction 547 Notification that a company is in liquidation 548 Books and papers of company to be evidence 549 Inspection of books and papers by creditors and contributories 550 Disposal of books and papers of company 551 Information as to pending liquidations 552 Official liquidator to make payments into the public account of india 553 Voluntary liquidator to make payments into scheduled bank 554 Liquidator not to pay moneys into private banking account 555 Unpaid dividends and undistributed assets to be paid into the companies liquidation account 556 Enforcement of duty of liquidator to make returns, etc 557 Meetings to ascertain wishes of creditors or contributories 558 Court or person before whom affidavit may be sworn 559 Power of court to declare dissolution of company void 560 Power of registrar to strike defunct company off register