15 Submission of Periodical Report to Tribunal
(1) For the purposes of sub-section (1) of section 288 of the Act, Company Liquidator shall make a periodical report to the Tribunal and in any case make a report at the end of each quarters (quarters ending on 31st March, 30th June, 30th September & 31st December) on the progress of the winding up of the company in Form No. 26 which shall be made before the end of the following quarter.
(2) The Tribunal may, on an application by the Liquidator, review any order made by it and make such modification as it thinks fit with or without any further directions. |