Voluntary liquidation compliance: liquidators must confirm FSP notification and regulator permission, and file Form H and dissolution documents. Liquidators must declare that a corporate entity classified as a Financial Service Provider has both been notified by the Central Government and obtained prior permission from the appropriate regulator before initiating voluntary liquidation. Additionally, liquidators must submit a copy of Form H, the final report filed before the Adjudicating Authority, and the dissolution order to the Board's specified email for voluntary liquidation reporting, consistent with the Board's statutory oversight powers.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Voluntary liquidation compliance: liquidators must confirm FSP notification and regulator permission, and file Form H and dissolution documents.
Liquidators must declare that a corporate entity classified as a Financial Service Provider has both been notified by the Central Government and obtained prior permission from the appropriate regulator before initiating voluntary liquidation. Additionally, liquidators must submit a copy of Form H, the final report filed before the Adjudicating Authority, and the dissolution order to the Board's specified email for voluntary liquidation reporting, consistent with the Board's statutory oversight powers.
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