What is the responsibility of the liquidator in the course of winding up the Company

The receiver of assets / liquidator shall within 30 days from the date of appointment intimate the Commissioner of his appointment. Thereafter, the Commissioner may provide the details that the Company may be liable to pay tax, interest or penalty.

(ICAI FAQ PUBLICATIONS 06-09-2017 Liability in case of Company in liquidation: FAQ NO. 7)

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