Companies Act, 2017

PART-X

OFFICIAL LIQUIDATORS

Companies Act, 2017 PART-X OFFICIAL LIQUIDATORS From: 2023-11-01 - To: 0000-00-00 321. Report by official liquidator- (1) Where the Court has made a winding up order and appointed an official liquidator, such liquidator shall, as soon as practicable after receipt of the statement to be submitted under section 320 and not later than sixty days, from the date of the winding up order submit a report to the Court, containing the following particulars, namely (a) the nature and details of the assets of the company including their location and current value duly ascertained by a 1[ ] valuer; (b) the cash balance in hand and in the bank, if any, and the negotiable securities, if any, held by the company; (c) the amount of authorised and paid up capital; (d) the existing and contingent liabilities of the company indicating particulars of the creditors, stating separately the amount of secured and unsecured debts, and in the case of secured debts, particulars of the securities given; (e) the debts due to the company and the names, addresses and occupations of the persons from whom they are due and the amount likely to be realised on account thereof; (f) debts due from contributories; (g) details of trademarks and intellectual properties, if any, owned by the company; (h) details of…