(1) Where a notified order has been made under sub-section (1) of section 3 in relation to the undertaking of the company, every person having possession, custody or control of any property shall deliver the property to the Board of Control or to any such person (Including the managing agent) as may be authorised by the Board in this behalf.
(2) Any person who, on the commencement of this Ordinance, has in his possession or under his control any books, documents or other papers relating to the undertaking of the company shall be liable to account for the said books, documents and papers to the Board of Control and shall deliver them up to the Board or to any such person (including the managing agent) as may be authorised by the Board in this behalf.
(3) The Central Government may take all necessary steps for securing possession of all properties of the company.
Duty to furnish particulars
11. The company shall, within ten days from the commencement of this Ordinance or within such further period as the Central Government may allow in this behalf, furnish to the Board of Control a complete inventory of all the properties and assets (including particulars of book debts and investments and belongings) of the company at the commencement of this Ordinance, and of all liabilities SEC. 1] THE GAZETTE OF INDIA EXTRAORDINARY 227 and obligations of the company subsisting at such cornrnencement and also of all agreements entered into by the company and in force from such commencement.