https://www.taxtmi.com/circulars?id=2682 AD Category I banks are authorised to permit remittance out of assets of Indian companies under liquidation provided the remittance complies with any court or liquidator order and the applicant submits a tax clearance or no objection from the Income Tax authority, auditor certificates confirming domestic liabilities are paid or provided for, that the winding up conforms to the Companies Act, 1956, and, for non court winding up, an auditor certificate confirming no pending legal proceedings or impediments. en-us Thu, 31 May 2007 00:00:00 +0530 Mon, 06 Oct 2008 12:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2682 AD Category I banks are authorised to permit remittance out of assets of Indian companies under liquidation provided the remittance complies with any court or liquidator order and the applicant submits a tax clearance or no objection from the Income Tax authority, auditor certificates confirming domestic liabilities are paid or provided for, that the winding up conforms to the Companies Act, 1956, and, for non court winding up, an auditor certificate confirming no pending legal proceedings or impediments. Circulars FEMA Thu, 31 May 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2682