https://www.taxtmi.com/caselaws?id=99276 The two provisos to section 394(1) are directed to distinct factual situations and operate independently: the first proviso requires a report where a scheme affects a company that is being wound up and supplies oversight via the Registrar or Company Law Board, while the second proviso governs orders for dissolution without winding up and mandates a report by the official liquidator after scrutiny of books and papers; accordingly the second proviso applies to dissolution without winding up irrespective of engagement of the first proviso, benefiting the appellant. en-us Fri, 12 Mar 1976 00:00:00 +0530 Wed, 25 Jan 2012 17:44:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99276 The two provisos to section 394(1) are directed to distinct factual situations and operate independently: the first proviso requires a report where a scheme affects a company that is being wound up and supplies oversight via the Registrar or Company Law Board, while the second proviso governs orders for dissolution without winding up and mandates a report by the official liquidator after scrutiny of books and papers; accordingly the second proviso applies to dissolution without winding up irrespective of engagement of the first proviso, benefiting the appellant. Case-Laws Companies Law Fri, 12 Mar 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99276