Search this Act

Jump directly to a section by number or title.

Complied AI Back to law library Reading nowCompanies Rules under the Companies Act, 201355 chapters · 1109 rules

Chapters55

Reading nowCompanies Rules under the Companies Act Act contents

Law library Updates

Search this Act

Jump directly to a section by number or title.

Rule 166: Procedure at sale · Complied AI

Chapter 37
Rule 166

Rule 166Chapter 37

Procedure at sale

Procedure at sale.- Every sale shall be held by the Company Liquidator, or, if the Tribunal shall so direct, by an agent or an auctioneer approved by the Tribunal, and subject to such terms and conditions, if any, as may be approved by the Tribunal and all sales shall be made by public auction or by inviting sealed tenders or by electronic bidding or in such manners as the Tribunal may direct.

Rule 165 Rule 166 Rule 167