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    <title>2018 (2) TMI 27 - GUJARAT HIGH COURT</title>
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    <description>Where a company has completed members&#039; voluntary winding up and the record shows compliance with the declaration of solvency, notice, final accounts, final meeting and registrar&#039;s no-objection, Section 497 of the Companies Act, 1956 permits dissolution because no prejudice to members or public interest was shown. The Court also treated preservation of company records as necessary after dissolution and directed the voluntary liquidator to keep the books of account for five years from the date of dissolution. It further accepted reimbursement of the Official Liquidator&#039;s report-related office expenses and directed the directors to pay the stated amount within four weeks.</description>
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    <pubDate>Tue, 30 Jan 2018 00:00:00 +0530</pubDate>
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      <title>2018 (2) TMI 27 - GUJARAT HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=354606</link>
      <description>Where a company has completed members&#039; voluntary winding up and the record shows compliance with the declaration of solvency, notice, final accounts, final meeting and registrar&#039;s no-objection, Section 497 of the Companies Act, 1956 permits dissolution because no prejudice to members or public interest was shown. The Court also treated preservation of company records as necessary after dissolution and directed the voluntary liquidator to keep the books of account for five years from the date of dissolution. It further accepted reimbursement of the Official Liquidator&#039;s report-related office expenses and directed the directors to pay the stated amount within four weeks.</description>
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