section 68
No suit for dividend.
The Travancore-Cochin Insolvency Act, 1956Corporate195585 sections
Statutory text
No suit for a dividend shall lie against the receiver, but where the receiver refuses to pay any dividend, the Court may, on the application of any creditor who is entered in the schedule, order him to pay it, and also to pay out of his own money interest thereon for the time that it is withheld, and the costs of the application.
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