https://www.taxtmi.com/acts?id=14115 Rule 304 prescribes that audit fees, payable to the auditor and debited to the liquidation account, are calculated on a specified scale applied to the gross amount brought to credit (including calls on contributories, interest and rents) after deducting amounts spent carrying on the business and amounts paid by the Official Liquidator to secured creditors other than debenture holders; a corresponding fee applies to disbursements except payments to secured creditors not being debenture holders. When the audit is by the Examiner of Local Funds Accounts, such fees are payable into the public account of India to the credit of the State Government. en-us Tue, 31 May 2011 15:36:56 +0530 Tue, 31 May 2011 15:36:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14115 Rule 304 prescribes that audit fees, payable to the auditor and debited to the liquidation account, are calculated on a specified scale applied to the gross amount brought to credit (including calls on contributories, interest and rents) after deducting amounts spent carrying on the business and amounts paid by the Official Liquidator to secured creditors other than debenture holders; a corresponding fee applies to disbursements except payments to secured creditors not being debenture holders. When the audit is by the Examiner of Local Funds Accounts, such fees are payable into the public account of India to the credit of the State Government. Act-Rules Companies Law Tue, 31 May 2011 15:36:56 +0530 https://www.taxtmi.com/acts?id=14115