Voluntary liquidation notice requires Form A particulars, stakeholder claims deadlines, and electronic filing by financial creditors. Voluntary liquidation requires a public announcement in Form A containing prescribed particulars of the corporate person, the liquidation commencement date, the liquidator's contact details, and the last date for submission of claims. Stakeholders are called upon to submit proof of claims to the liquidator within the specified time period. Financial creditors must submit claims electronically, while other stakeholders may use in person, post, or electronic modes. False or misleading proofs of claim attract penalties.
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 notice requires Form A particulars, stakeholder claims deadlines, and electronic filing by financial creditors.
Voluntary liquidation requires a public announcement in Form A containing prescribed particulars of the corporate person, the liquidation commencement date, the liquidator's contact details, and the last date for submission of claims. Stakeholders are called upon to submit proof of claims to the liquidator within the specified time period. Financial creditors must submit claims electronically, while other stakeholders may use in person, post, or electronic modes. False or misleading proofs of claim attract penalties.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
