Liquidation compliance certificate requires full disclosure of timelines, asset realisations and stakeholder distributions under liquidation rules. Form H under Regulation 45(3) requires the liquidator to declare a structured record of the liquidation process: identities and case particulars, dates of key events, publication and intimation steps, asset valuation (fair and liquidation values), permissions for auction or private sale, schedules of asset sales and realisations, transfers to the liquidation account, and detailed distribution schedules to stakeholders. It mandates reporting of deviations from the Code, particulars of avoidance transaction applications, filings and reports to the Authority and the Board, and a final certification by the liquidator including IP registration and contact details.
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.
Liquidation compliance certificate requires full disclosure of timelines, asset realisations and stakeholder distributions under liquidation rules.
Form H under Regulation 45(3) requires the liquidator to declare a structured record of the liquidation process: identities and case particulars, dates of key events, publication and intimation steps, asset valuation (fair and liquidation values), permissions for auction or private sale, schedules of asset sales and realisations, transfers to the liquidation account, and detailed distribution schedules to stakeholders. It mandates reporting of deviations from the Code, particulars of avoidance transaction applications, filings and reports to the Authority and the Board, and a final certification by the liquidator including IP registration and contact details.
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