TaxTMI Login
Just a moment...
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>Section 347 of Companies Act 2013: Rules for disposing company records post-wind up; fines for violations, no imprisonment.</h1> Section 347 of the Companies Act, 2013, addresses the disposal of books and papers when a company is completely wound up and about to be dissolved. The Tribunal directs the disposal process. After five years post-dissolution, no responsibility lies with the company, liquidator, or custodian for missing documents. The Central Government can make rules to prevent destruction of such documents and allow creditors or contributors to appeal related orders. Violations of these rules or orders may result in a fine up to fifty thousand rupees. Amendments have removed imprisonment as a penalty for contraventions.
TaxTMI 
TaxTMI 
