Cos 288 — Submission of periodical reports to Tribunal

Companies Act, 2013

Statutory text

(1)  The  Company  Liquidator  shall  make periodical reports to the Tribunal and in any case make a report at the end of each quarter with respect to the progress of the winding up of the company in such form and manner as may be prescribed.
(2) The Tribunal may, on an application by the Company Liquidator, review the orders made by it and make such modifications as it thinks fit.
289. [Power  of  Tribunal  on  application  for  stay  of  winding  up.] Omitted  by the  Insolvency  and Bankruptcy Code, 2016 (31 of 2016), s. 255 and the Eleventh Schedule (w.e.f. 15-11-2016).

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