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Companies Law - Highlights / Catch Notes

Home Highlights November 2022 Year 2022 This

Winding up of company - Payment of remuneration to the ...


Tribunal Revisits Liquidator Fees, Overlooks 2020 Winding Up Rules; Case Restored for Further Review.

November 17, 2022

Case Laws     Companies Law     AT

Winding up of company - Payment of remuneration to the liquidator - The Tribunal mainly considered the provisions of IBBI (Liquidation Process) Regulations, 2016 as amended in 2019 which have quoted in para 5 and 6 of the impugned order and passed the order regarding the fees but the Tribunal has not considered the provisions of Ministry of Corporate Affairs dated 24.01.2020 regarding Companies (winding up) Rules, 2020. - Matter restored back - AT

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