Section 288 of Companies Act, 2013 – Submission of periodical reports to Tribunal

  • Updated Till : November 29, 2022

SECTION 288. SUBMISSION OF PERIODICAL REPORTS TO TRIBUNAL

[Effective from 15th December, 2016]

(1) The Company Liquidator shall make periodical reports to the Tribunal and in any case make a report at the end of each quarter with respect to the progress of the winding up of the company in such form and manner as may be prescribed.

(2) The Tribunal may, on an application by the Company Liquidator, review the orders made by it and make such modifications as it thinks fit.

Applicable Rules

Companies (Winding Up) Rules, 2020

[Effective from 1st April, 2020]

Rule 76. Submission of periodical reports to the tribunal.—The Company Liquidator shall make quarterly reports, referred to in sub-section (1) of section 288, to the Tribunal in Form WIN 37 with respect to the progress of winding up of the company.

 

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