Article 16 Proceedings under the Companies Act 1989

After Order 93, rule 24 there shall be inserted the following rule:

“Proceedings under the Companies Act 1989

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(1)

Proceedings in the High Court under sections 166(8) and 167(5) of the Companies Act 1989 shall be begun by writ and shall be assigned to the Chancery Division.

(2)

No order shall be made under the said sections 166(8) and 167(5) against any person unless he is a party to the relevant proceedings.”.