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Instructions regarding the preparation of the statement of account

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....ook Debts and Calls collected, Property sold, etc., and under disbursements should be entered all payments for costs and charges, or to creditors and contributories. Where property has been realised, the gross proceeds of sale must be entered under realisations, and the necessary payments incidental to sales must be entered as disbursements. The statements should not contain payments into or out of the Bank (which should be shown by the Bank pass book), nor the temporary investments by the Liquidator or the proceeds of such investments when realised, which should be shown separately, by a separate detailed statement of moneys invested by the Liquidator and the investments realised. Interest allowed or charged by the Bank, bank commission....

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.... composition or return of surplus assets are paid into the Companies Liquidation Account, the total amount so paid should be entered in the statement of disbursements as one sum. Liquidator's Account Exhibit 'A' (to be filled in duplicate) This is the Exhibit marked 'A' referred to in the affidavit of ........... solemnly affirmed before me this ........ day of . ....... 19 ........ 1. Name of Company 2. Nature of proceeding* 3. Date of commencement of winding-up 4. Date to which statement is brought down 5. Name and address of liquidator Commissioner Liquidator's statement of account pursuant to section 551 of the Companies Act, 1956 Liquidator's account from ........... to ........... ....

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....bove   * Here state whether it is winding-up under supervision of Court, or a members or creditors voluntary winding-up. If it is a winding-up under the supervision of the Court, the number of the petition or other proceeding in which the order was made and the date of the order should also be given. 1 Note.-Full details of investments made and realisations thereof should be given in a separate statement. Annexures to the Account Annexure I Statement as to the position of the liquidation as on ................ (the date to which the statement is brought down) 1.             Assets: Rs.  P.   (a) Assets not specifically pledged: &....

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....ding-up. 6. Period within which the winding-up may probably be concluded: 7. Legal proceedings (if any), instituted, pending or concluded during the period: Name of Court and number of proceeding Names of parties and their advocates Nature of proceeding State of proceeding Nature of decree or order made, if any Remarks 1 2 3 4 5 6 (If any actions or other proceedings are delaying the close of the liquidation, state shortly the nature and probable duration thereof. State also other circumstances tending to delay the winding-up of the company, affecting the realised value of the property or the costs of realisation). Annexure II Liquidator's Trading Account Liquidator of the above company ....

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................. day of ................... 19 ......., at the rate of ................... per share, and that the contributories whose names are set forth below are entitled to the amounts set opposite their respective names, and have been paid such amounts except in the cases specified as unclaimed. Dated the ................... day of ................... 19 ......... (Sd.) ................... Liquidator       Amount returned on shares Number on list Name of contributory Number of shares Paid Unclaimed       Rs.  P. Rs.    P. 1 2 3 4 5       Total   Annexure-V Statement of unclaimed divi....