Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Official Liquidator Fees Credited to Government, Based on Asset Realization; Court Sets Provisional and Voluntary Liquidation Fees</h1> In winding-up cases where the Official Liquidator acts as Liquidator, fees must be credited to the Central Government from the company's assets or by the petitioner. The fees are determined based on the assets realized or distributed, with specific percentages applied to different asset brackets. For provisional liquidators, fees are court-determined. The Official Liquidator's fees also apply when acting as a trustee or performing special duties, with court approval. Fees for voluntary winding-up and additional liquidators are also court-fixed. The court may reduce fees if deemed excessive or during company reconstruction or arrangement.
TaxTMI 
TaxTMI 
