Form No. 060 - Preliminary report of the Official Liquidator under section 455(1) - Company Court Rules, 1959

Form No. 60 (See rule 135) [Heading as in Form No. 1) Company Petition No. .............. of 19 ........ Preliminary report of the Official Liquidator under section 455(1) The Official Liquidator, in pursuance of section 455(1) of the Companies Act, 1956, hereby submits his preliminary report to the Court as follows: 1. Capital. The nominal capital of the company is Rs. .............. divided into .............. shares of Rs .............. each. The number of shares issued is .............. and comprises .............. shares allotted as fully paid and .............. shares subscribed for cash and fully called up (or on which Rs .............. per share has been called up). The unpaid calls amount to Rs. .............. 2. Assets. The assets of the company are estimated by the directors (or as the case may be) to be of the value of Rs. .............. and they comprise the following: Assets not specifically pledged: (1) Cash on hand Rs. .............. Cash at Bank Rs. .............. Negotiable Securities Rs. .............. (2) Debts due from contributories Rs. .............. (3) Debts due to the company: ( a ) Secured Rs. .............. Securities available: (give particulars of the properties given as security) ( b ) Unsecured Rs. .............. (4) Movable and Immovable properties: ( a ) Movable properties: ( i ) Stock in trade ( ii ) Other movables (give particulars) ( b ) Immovable properties: (give particulars) (5) Unpaid calls Rs. .............. (6) Other assets Rs. .............. Assets specifically pledged: (1) Assets held by fully secured creditors (give particulars) Rs. .............. (2) Assets held by partly secured creditors (give particulars) Rs. .............. 3. Liabilities : The liabilities of the company are returned as amounting to Rs .............. and include the following: (1) Fully secured creditors Rs. .............. (2) Partly secured creditors Rs. .............. (3) Preferential creditors Rs. .............. (4) Debenture holders Rs. .............. (5) Unsecured creditors Rs. .............. 4. Causes of failure : The company was formed to carry on the business of .............. The failure of the company is, in the opinion of the Official Liquidator, due to ......... 5. Further enquiry: [The Official Liquidator is not at present aware of any matters relating to the promotion or formation of the company, or to the conduct of its business, as to which in his opinion further enquiry is desirable] or [The Official Liquidator is of the opinion that further enquiry is desirable concerning the promotion, formation, or failure of the company and the conduct of its business]. Dated this .............. day of .............. 19 .............. (Sd.) .............. Official Liquidator