Section 6Statement of assets, etc., to be submitted to Registrar

s. 6

6. Statement of assets, etc., to be submitted to Registrar (1) Within three days of the commencement of this Ordinance, or within such period as the Registrar may allow, the manager of an undesirable company shall submit to the Registrar a statement showing the assets and liabilities of the company. (2) Any one who contravenes the provisions of sub-section (1) shall be punishable with imprisonment for a term which may extend to one year or with fine or with both.