Rules and Regulations of India

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Section 330 – THE COMPANIES (COURT) RULES, 1959

330. Consideration by Court of the statements under section 551 and the final account, in a winding-up subject to the supervision of the Court

In a winding-up subject to the supervision of the Court, upon the filing into Court of each of the statements under section 551(1) referred to in rule 327 or of the account referred to in the last preceding rule, the Registrar shall obtain orders of the Judge fixing a date for the consideration thereof by the Judge, and notify the date on the notice board of the Court and to the liquidator. The liquidator shall attend the consideration of the statement or of the final account, as the case may be, and shall give the Judge such further explanation or information with reference to the matters contained therein as the Judge may require.

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