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TypeBare Act JurisdictionCentral Government

Companies Act, 1956 Section 528

Debts of All Descriptions to Be Admitted to Proof

~1 min read
https://sooperkanoon.com/act/11532

Bare act section · Research

About this section

Companies Act, 1956 Section 528 is part of Companies Act, 1956 - Debts of All Descriptions to Be Admitted to Proof. Read the section text below and explore Indian court judgments that cite it.

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Section Text

In every winding up (subject, in the case of insolvent companies, to the application in accordance with the provisions of this Act of the law of insolvency), all debts payable on a contingency, and all claims against the company, present or future, certain or contingent, ascertained or sounding only in damages, shall be admissible to proof against the company, a just estimate being made, so far as possible, of the value of such debts or claims as may be subject to any contingency; or may sound only in damages, or for some other reason may not bear a certain value.

Frequently asked questions

What does Companies Act, 1956 Section 528 provide?

Section Section 528 of the Companies Act, 1956 (Debts of All Descriptions to Be Admitted to Proof) is reproduced on this page as part of the Companies Act, 1956. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Companies Act, 1956 Section 528?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Companies Act, 1956 Section 528. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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