https://www.taxtmi.com/acts?id=17612 Section 316, formerly imposing a duty on the company liquidator to file quarterly progress reports and to convene quarterly meetings of members and creditors in prescribed form and manner, and prescribing fines for each failure to comply, has been omitted by the Insolvency and Bankruptcy Code, 2016, thereby removing those statutory reporting, meeting and penalty provisions from the Companies Act. en-us Sat, 02 Mar 2013 15:25:26 +0530 Fri, 12 Dec 2025 17:49:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17612 Section 316, formerly imposing a duty on the company liquidator to file quarterly progress reports and to convene quarterly meetings of members and creditors in prescribed form and manner, and prescribing fines for each failure to comply, has been omitted by the Insolvency and Bankruptcy Code, 2016, thereby removing those statutory reporting, meeting and penalty provisions from the Companies Act. Act-Rules Companies Law Sat, 02 Mar 2013 15:25:26 +0530 https://www.taxtmi.com/acts?id=17612