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 Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Court, Not Govt, Handles Liquidators' Filing Delays u/r 327; Fees for Late Statements Apply, Exemptions Revoked 1972.</h1> The circular addresses the issue of delayed filing of statements by liquidators in pending liquidation cases. It clarifies that the Central Government lacks the authority to condone such delays, which fall under the jurisdiction of the court as per rule 327 of the Companies (Court) Rules, 1959. Liquidators must inform the court of any delays, and the court may grant extensions if justified. However, liquidators remain accountable for defaults. The Registrar may accept late statements with an additional fee, but this does not absolve the liquidator of responsibility. Additionally, exemptions from filing fees for certain documents were revoked in 1972.
TaxTMI 
TaxTMI 
