https://www.taxtmi.com/acts?id=17571 If the Tribunal finds a prima facie case on a third party winding up petition it may direct the company to file objections and a statement of affairs within thirty days (with a possible thirty day extension) and may require the petitioner to deposit security for costs; failure to file forfeits the company's right to oppose. Directors and officers must deliver completed and audited books to the liquidator within thirty days of a winding up order, and non compliance attracts imprisonment up to six months, or a fine between twenty five thousand and five lakh rupees, or both; complaints lie to the Special Court by specified officials or authorised persons. en-us Sat, 02 Mar 2013 14:48:42 +0530 Fri, 12 Dec 2025 14:56:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17571 If the Tribunal finds a prima facie case on a third party winding up petition it may direct the company to file objections and a statement of affairs within thirty days (with a possible thirty day extension) and may require the petitioner to deposit security for costs; failure to file forfeits the company's right to oppose. Directors and officers must deliver completed and audited books to the liquidator within thirty days of a winding up order, and non compliance attracts imprisonment up to six months, or a fine between twenty five thousand and five lakh rupees, or both; complaints lie to the Special Court by specified officials or authorised persons. Act-Rules Companies Law Sat, 02 Mar 2013 14:48:42 +0530 https://www.taxtmi.com/acts?id=17571