Companies Act Section 291: Provision for professional assistance to Company Liquidator.

THE COMPANIES ACT, 2013

ACT NO. 18 OF 2013

COMPANIES ACT 2013 SECTION 291 CHAPTER XX

WINDING UP

 

Provision for professional assistance to Company Liquidator.— (1) The Company Liquidator may, with the sanction of the Tribunal, appoint one or more chartered accountants or company secretaries or cost accountants or legal practitioners or such other professionals on such terms and conditions, as may be necessary, to assist him in the performance of his duties and functions under this Act.

(2) Any person appointed under this section shall disclose forthwith to the Tribunal in the prescribed form any conflict of interest or lack of independence in respect of his appointment.

Tags: companies act 2013 section 291 CHAPTER XX, companies act 2013, companies act chapter xx, company act section 291, provision for professional assistance to company liquidator.



Finance Bazaar

FinanceBazaar is building one of India’s largest financial services marketplace for SMEs and Startups. We understand the financial needs of startups, right from Company Registration to Fundraising, Debt Financing to Investor Relations Management, and managing Government Compliances. To help SMEs and Startups start, manage, and grow their business, we have a panel of Chartered Accountants (CAs) from across India. We bring you all of the services that a startup requires such as Company Registration, Trademark, ISO, FSSAI License, Startup India Registration, GST Registration, and Returns and everything at one place.

Related Blogs



Annual Compliance calendar for Unlisted Companies for FY 2020-21 (Companies Act, 2013). DIR-8, MBP-1, E-form MSME-1, E-form DIR-3 KYC, E-form DPT-3, BEN-1, E-form BEN-2, E-form PAS-6, E-form FC-3, E-form FC-4, E-form, AOC-4 (CFS) (XBRL), E-form, MGT-7, E-form CRA-2, E-form CRA-4 (XBRL).

Read more