Balance Order
Legal definition for Indian law research
Definition
Balance order, a method of enforcing payment of a call from contributories under s. 206 of the Companies Act, 1929, and (English) Companies Winding-up Rules 1929, rr. 84-88. The order is not a judgment and does not preclude an action for the call, Westmoreland State Co. v. Fieden, 1891 (3) Ch 15.
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