Whether fee is not payable by liquidator/receivers in respect of various statements, returns, etc. - Companies Law - Circular : No. 15/76

Circular : No. 15/76 [1/1/76-CL-V and 1/1/74-CL-III], dated 24-6-1976. Fees - As prescribed in Schedule X - Whether fee is not payable by liquidator/receivers in respect of various statements, returns, etc., filed with Registrar under section 552, 553 or 554 A question has been raised as to whether those liquidators who are required to file statements with the Registrar of Companies under section 244 of the Indian Companies Act, 1913 (corresponding to sections 552, 553 and 554), have to pay fees as per Schedule X to the Companies Act, 1956 in the light of Notification No. GSR 260(E), dated 24-4-1972. The matter has been examined, and it has been decided that having regard to the saving in section 647, no fee is payable by the liquidators in filing statements with the Registrars of Companies under section 244 of the 1913 Act. The statement of accounts are governed by the rules framed by the respective High Courts in that behalf.