https://www.taxtmi.com/caselaws?id=100954 The court directed the ex-directors to prepare and file the statement of affairs within two months based on the available records and books. Failure to comply would result in the official liquidator's report being treated as a complaint under section 454(5A) of the Companies Act, 1956, leading to penal proceedings. Further orders would be contingent on compliance with this directive. en-us Wed, 30 May 1984 00:00:00 +0530 Wed, 08 Feb 2012 10:49:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100954 The court directed the ex-directors to prepare and file the statement of affairs within two months based on the available records and books. Failure to comply would result in the official liquidator's report being treated as a complaint under section 454(5A) of the Companies Act, 1956, leading to penal proceedings. Further orders would be contingent on compliance with this directive. Case-Laws Companies Law Wed, 30 May 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100954