9911796707
TMI BlogCOMPLIANCE CERTIFICATE-Regulation 38(3)-(Voluntary Liquidation Process) Regulations, 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... 4 Date of initiation of voluntary liquidation process 5 Date of appointment of Liquidator 6 Liquidator's Registration No. as IP 7 Whether the Liquidator was replaced during the process (Yes / No) If yes Name of previous Liquidator and his registration No. Date of replacement of previous Liquidator 8 Date of opening of bank account for liquidation (with account details) 9 Date of notice for uncalled capital/unpaid capital contribution 10 Date of realization of uncalled capital/unpaid capital contribution 11 Date of intimation to statutory authority as applicable. a. PF b. ESI c. Income Tax d. Inspector of Factory e. GST/VAT f. RBI g. Others 12 Amount deposited into Corporate Voluntary Liquidation Account: a. Amo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ues to Employees [Sec. 53(1)(c)] 6 Debts of Unsecured Financial Creditors [Sec. 53(1)(d)] 7 Government Dues + Amount Unpaid following Enforcement of Security Interest [Sec.53(1)(e)] 8 Any remaining Debts and Dues [Sec. 53(1)(f)] 9 Preference Shareholders [Sec. 53(1)(g)] 10 Equity Shareholders [Sec.53(1)(h)] Total *If there are sub-categories in a category, please add rows for each sub-category. 6. The Voluntary Liquidation Process has been conducted as per the stipulated timeline: Sl. No. Section / Regulation Description of Task Norm (Number of Days) Compliance Date Actual Timeline (Number of days) (1) (2) (3) (4) (5) (6) 1 Section 59(3)(a), Regulation 3(1) (a) Declaration from majority of directors / partners ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 12 Regulation 30(2) Preparation of list of stakeholders by the Liquidator T + 45*/75 13 Section 42 Appeal by creditor against the decision of the Liquidator T + 81 14 Regulation 35(1) Distribution of the proceeds to stakeholders by the Liquidator Date of realization + 30 15 Regulation 39(2) Deposit of amount of unclaimed dividends and undistributed proceeds in Corporate Voluntary Liquidation Account by the Liquidator Prior to submission of application under sub- section (7) of section 59 16 Regulation 38(2) Submission of Final Report to the Board and Registrar of Companies by the Liquidator T + 90*/270 17 Section 59(7), Regulation 38(3) Submission of Final Report, along with the application for dissolution, to AA T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ade to sufficiently meet the obligations arising from such pending litigations. 11. The records referred to in regulations 8 and 10 shall be preserved as mandated under regulation 41. 12. Any other information which the Liquidator may like to submit. 13. I [Name of Liquidator], hereby certify that the contents of this certificate are true and correct to the best of my knowledge and belief, and nothing material has been concealed there from. (Signature) Name of the Liquidator: IP Registration No: Address as registered with the Board: Email id as registered with the Board: Date:…………………… Place: ………………….] ************* NOTES:- 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
