https://www.taxtmi.com/acts?id=12855 A company under winding up or provisional liquidation must submit a prescribed statement of affairs, verified by affidavit, detailing assets, debts, creditor particulars (including secured and unsecured debts and securities), receivables and realizable values, and other prescribed information. The statement must be verified by directors and senior officers or other specified persons and filed within twenty-one days of the relevant date, with a possible limited extension. Preparation costs are payable from company assets; non compliance without reasonable excuse entails criminal penalties, and inspection rights are granted to those claiming to be creditors or contributories. en-us Tue, 17 May 2011 15:29:36 +0530 Tue, 17 May 2011 15:29:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12855 A company under winding up or provisional liquidation must submit a prescribed statement of affairs, verified by affidavit, detailing assets, debts, creditor particulars (including secured and unsecured debts and securities), receivables and realizable values, and other prescribed information. The statement must be verified by directors and senior officers or other specified persons and filed within twenty-one days of the relevant date, with a possible limited extension. Preparation costs are payable from company assets; non compliance without reasonable excuse entails criminal penalties, and inspection rights are granted to those claiming to be creditors or contributories. Act-Rules Companies Law Tue, 17 May 2011 15:29:36 +0530 https://www.taxtmi.com/acts?id=12855