Provisions applicable to members’ winding up ‑ Whether fees on application made under section 496(1)(a) and section 551 are required to be paid by liquidator - Companies Law - Circular : No. 30/75

Circular : No. 30/75 [3/10/75 ‑ CL ‑ V and 3/15/75 ‑ CL ‑ III], dated 3 ‑ 2 ‑ 1976. Subject:-Provisions applicable to members winding up ‑ Whether fees on application made under section 496(1)(a) and section 551 are required to be paid by liquidator The Regional Director, Madras has raised a point whether voluntary liquidators are required to pay any fees on applications to the Regional Directors under section 496(1)(a) as per provisions of the Companies (Fees on Applications) Rules, 1961. The comments of other Regional Directors were called for in the matter in the light of practice obtaining in their offices. Taking into account the views of all the Regional Directors the matter, it has been decided that since rule 2 of the aforesaid Rules requires the payment of fees by companies and not by liquidators, no fee is required to be paid by any liquidator on applications made to the Regional Director under sections 496(1)(a) and 551. Past cases, if any, decided otherwise, may not, however, be reopened.