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of <h1>Companies in Liquidation Must Include Status in Documents per Section 344; Non-Compliance Leads to Hefty Fines.</h1> Section 344 of the Companies Act, 2013 mandates that when a company is undergoing liquidation, whether by tribunal decision or voluntarily, all documents such as invoices, orders for goods, or business letters issued by or on behalf of the company must include a statement indicating that the company is in liquidation. Failure to comply with this requirement results in penalties, with fines ranging from fifty thousand to three lakh rupees for the company and any responsible officers, including the Company Liquidator, receiver, or manager who knowingly permits the non-compliance.
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