State Act
45
Section 45. Scheme for Liquidation.
The Saurashtra Gharkhed, Tenancy Settlement and Agricultural Lands Ordinance, 1949
Act no. 41 of 19491949In forceGujarat (State Act)
45. When the total amount of the debts and liabilities including those due and incurred to the Government has been finally determined, the manager shall prepare and submit to the Collector a schedule of such debts and liabilities, and a scheme (hereinafer called the liquidation scheme) showing the mode in which it is proposed to pay discharge the same, whether from the income of the property under management, or with the aid of funds raised under the powers hereinafter conferred, or partly in one of such ways and partly in the other.