https://www.taxtmi.com/acts?id=38437 Rule 40 prohibits advisory committee members from deriving any profit, directly or indirectly, from winding up transactions or from receiving payments out of the company's assets for services or goods supplied in connection with asset administration, except under an order of the Tribunal; any such payments or profits made contrary to this rule shall be disallowed or recovered on the audit of the liquidator's accounts or otherwise. en-us Thu, 06 Feb 2020 17:17:42 +0530 Wed, 07 Jan 2026 12:31:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38437 Rule 40 prohibits advisory committee members from deriving any profit, directly or indirectly, from winding up transactions or from receiving payments out of the company's assets for services or goods supplied in connection with asset administration, except under an order of the Tribunal; any such payments or profits made contrary to this rule shall be disallowed or recovered on the audit of the liquidator's accounts or otherwise. Act-Rules Companies Law Thu, 06 Feb 2020 17:17:42 +0530 https://www.taxtmi.com/acts?id=38437