valid as on 20/07/2018

Section 364. Appeal by creditor
Effective from 15-12-2016

(1) Any creditor aggrieved by the decision of the under section 363 may file an appeal before the  within thirty days of such decision.

(2) The  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  may, at any stage during settlement of claims, if considers necessary, refer the matter to the for necessary orders.

2(61) Official Liquidator means an Official Liquidator appointed under sub-section (1) of section 359
Delegation of power to Regional Directors at Mumbai, Kolkata, Chennai, New Delhi, Ahmedabad, Hyderabad and Shillong vide notification S.O. 4090(E). To view the notification,Click Here
Delegation of power to Regional Directors at Mumbai, Kolkata, Chennai, New Delhi, Ahmedabad, Hyderabad and Shillong vide notification S.O. 4090(E). To view the notification,Click Here
Delegation of power to Regional Directors at Mumbai, Kolkata, Chennai, New Delhi, Ahmedabad, Hyderabad and Shillong vide notification S.O. 4090(E). To view the notification,Click Here
2(90) Tribunal means the National Company Law Tribunal constituted under section 408

Delegations of Powers to Regional Directors S.O. 4090(E) dated 19/12/2016


Enforcement Notification S.O. 3677(E) dated 07/12/2016


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