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Section 138 – THE COMPANIES (COURT) RULES, 1959

138. Consideration of report by Court

The consideration of the report (or reports) made by the Official Liquidator pursuant to sub-section (2) of section 455, shall be before the Judge in Chambers, and the Official Liquidator shall personally or by counsel attend the consideration thereof and give the Court any further information or explanation with reference to the matters contained therein which the Court may require. On a consideration of the report (or reports), the Court may pass such orders and give such directions as it may think fit including directions under section 478.

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