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of <h1>Official Liquidator Must Report Company Liquidation Meeting Outcomes Using Form No. 61 Under Rule 141, 1959.</h1> Rule 141 of the Company Court Rules, 1959, mandates that after meetings regarding company liquidation, the Official Liquidator must report the outcomes to the Court using Form No. 61. If contributories agree with creditors on the Committee of Inspection's composition, it is constituted accordingly. If not, the Liquidator seeks Court directions on the committee's formation. The Court sets a date to consider resolutions from both meetings, with notice advertised at least seven days prior. On the hearing date, the Court may appoint a Committee of Inspection, dispense with it, or issue relevant orders after considering inputs from the Liquidator and stakeholders.
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