TMI BlogStatement that company is in liquidationX X X X Extracts X X X X X X X X Extracts X X X X ..... 1) Where a company is being wound up, whether by the Tribunal or voluntarily, every invoice, order for goods or business letter issued by or on behalf of the company or a Company Liquidator of the com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pliance, shall be punishable with fine which shall not be less than fifty thousand rupees but which may extend to three lakh rupees.
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