TMI BlogFinal meeting and dissolution.X X X X Extracts X X X X X X X X Extracts X X X X ..... the meeting in the Official Gazette, and also in some newspapers circulating in the district where the registered office of the company is situate. (3) Within one week after the meeting, the liquidator shall send to the [1] [Registrar and the Official Liquidator [2] [referred to in clause (c) of sub-section (1) of section 448] a copy each of the account and shall make a return to each of them] of the holding of the meeting and of the date thereof. If the copy is not so sent or the return is not so made, the liquidator shall be punishable with fine which may extend to [3] [five hundred rupees] for every day during which the default continues. (4) If a quorum is not present at the meeting aforesaid, the liquidator shall, in li ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d to in clause (c) of sub-section (1) of section 448] makes a report to the [11] [Tribunal] that the affairs of the company have been conducted in a manner prejudicial as aforesaid, the [12] [Tribunal] shall by order direct the Official Liquidator [13] [referred to in clause (c) of sub-section (1) of section 448] to make a further investigation of the affairs of the company and for that purpose shall invest him with all such powers as the [14] [Tribunal] may deem fit. (6B) On the receipt of the report of the Official Liquidator [15] [referred to in clause (c) of sub-section (1) of section 448] on such further investigation the [16] [Tribunal] may either make an order that the company shall stand dissolved with effect fro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e.f. a date yet to be notified. [11] Substituted for "Court" by the Companies (Second Amendment) Act, 2002. w.e.f. a date yet to be notified. [12] Substituted for "Court" by the Companies (Second Amendment) Act, 2002. w.e.f. a date yet to be notified. [13] Inserted by the Companies (Second Amendment) Act, 2002. w.e.f. a date yet to be notified. [14] Substituted for "Court" by the Companies (Second Amendment) Act, 2002. w.e.f. a date yet to be notified. [15] Inserted by the Companies (Second Amendment) Act, 2002. w.e.f. a date yet to be notified. [16] Substituted for "Court" by the Companies (Second Amendment) Act, 2002. w.e.f. a date yet to be notified. [17] Substituted for "Court" by the Companies (Second Amendm ..... X X X X Extracts X X X X X X X X Extracts X X X X
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