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The Companies Act, 1956

Winding Up (Section 425 to 560)

Section 480 Saving of existing powers of Tribunal.

Section 480 Saving of existing powers of Tribunal.

Substituted

Any powers conferred on the Tribunal by this Act shall be in addition to, and not in derogation of, any existing powers of instituting proceedings.

Original

Any powers conferred on the Court by this Act shall be in addition to, and not in derogation of, any existing powers of instituting proceedings against any contributory or debtor of the company, or the estate of any contributory or debtor, for the recovery of any call or other sums.