Part II

REPORTS BY COMPANY LIQUIDATOR UNDER SECTION 281

25. Report by Company Liquidator.-

(1) The report to bsubmitted bthCompanLiquidator under sub-section (1) of section 281 shall be in Form WIN 16 with such variations as mabe necessary and the CompanLiquidator mamakfurther report or reportsif hthinks fit, according to the provisions of sub-section (4) of the said section.

(2) It shall be thdutof the promotersdirectorsofficersemployees and every person who has made or concurred in making of thstatement of affairs, if and when required, to attend on thCompanLiquidator and answer all such questions as mabput to him, givall such further information as mabe required from himand providsuch assistance as mabrequired bthCompanLiquidator.

(3) ThTribunal shallwithin seven days from threceipt of such reportfia datfor thconsideration thereof bthTribunal and notify the daton thnoticboard of the Tribunal and to thCompany Liquidator.