Information as to pending liquidations
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....y the Central Government, within two months of the expiry of such year and thereafter until the winding up is concluded, at intervals of not more than one year or at such shorter intervals, if any, as may be prescribed, file a statement in such form containing such particulars as may be prescribed, duly audited, by a person qualified to act as auditor of the company, with respect to the proceeding....
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....and any State Government, if both the Governments are members of the Government company. (4) Any person stating himself in writing to be a creditor or contributory of the company shall be entitled, by himself or by his agent, at all reasonable times, on payment of the prescribed fee, to inspect the statement referred to in sub-section (1), and to receive a copy thereof or an extract therefrom. ....
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....de Section 255 readwith Eleventh Schedule of the Insolvency and Bankruptcy Code, 2016 w.e.f. 15-11-2016 (Notified vide Notification No. S.O. 3453(E) dated 15-11-2016) before it was read as, "(1) If the winding up of a company is not concluded within one year after its commencement, the Company Liquidator shall, unless he is exempted from so doing either wholly or in part by....
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....ndment) Act, 2020 w.e.f. 21-12-2020 (Notified vide Notification No. S.O. 4646 (E) dated 21-12-2020) before it was read as, "(6) If a Company Liquidator contravenes the provisions of this section, the Company Liquidator shall be punishable with fine which may extend to five thousand rupees for every day during which the failure continues." 3. Omitted vide Section 50 of the ....
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