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of <h1>Section 312 Omission: Liquidator Appointment Notification No Longer Mandatory Under Insolvency and Bankruptcy Code, 2016</h1> Section 312 of the Companies Act, 2013, which was omitted by the Insolvency and Bankruptcy Code, 2016, previously required companies to notify the Registrar of the appointment of a Company Liquidator, including details of the liquidator, any vacancies, and appointments to fill such vacancies within ten days. Failure to comply with these notification requirements resulted in a fine for the company and any defaulting officers, with penalties accruing daily.
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