Payment of fees to CAs in cases where funds are not permitted from Common Pool Fund

Last updated: 22 July 2011

GENERAL CIRCULAR NO. 42/2011 DATED 7/7/2011 It has been noticed that certain Courts have not allowed fees to be paid to the Chartered Accountants from Common Pool Fund in cases where petitions are filed in respect of companies under liquidation having no assets. The matter has been considered and it has been decided that in all such cases following steps be taken : (i) Official Liquidator will take permission of Court to appoint a Chartered Accountant. (ii) Offici
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Attached File : 40_9890_general_circular_no_42_2011.pdf


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