https://www.taxtmi.com/caselaws?id=98330 Section 195 in winding up proceedings vests the examination power in the court, and the application need not be confined to the official liquidator where the liquidator does not act; a creditor's request can therefore be entertained in a fit case. Rule 197 regulates attendance at the examination but does not exhaustively prohibit the court from permitting a creditor, and where fairness requires, legal assistance may also be allowed. The examination is a limited discovery process and should be confined to identified matters connected with the company's assets and transactions, so as to prevent an unrestricted fishing inquiry while preserving procedural fairness. en-us Wed, 23 Mar 1966 00:00:00 +0530 Fri, 20 Jan 2012 11:49:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98330 Section 195 in winding up proceedings vests the examination power in the court, and the application need not be confined to the official liquidator where the liquidator does not act; a creditor's request can therefore be entertained in a fit case. Rule 197 regulates attendance at the examination but does not exhaustively prohibit the court from permitting a creditor, and where fairness requires, legal assistance may also be allowed. The examination is a limited discovery process and should be confined to identified matters connected with the company's assets and transactions, so as to prevent an unrestricted fishing inquiry while preserving procedural fairness. Case-Laws Companies Law Wed, 23 Mar 1966 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98330