Skip to content

CS Professional · Insolvency and Bankruptcy - Law and Practice · Voluntary Liquidation of Companies

Meera Foods Ltd, in voluntary liquidation, has its registered office in Pune and material operations in Chennai. Where must the liquidator publish the public announcement, as per the Voluntary Liquidation Process Regulations?

The liquidator must publish in one English and one regional language newspaper at the registered office location and at other places of material business such as Chennai. Publication is also required on the company's website, if any, and the Board's designated website.

  1. AOnly in one English newspaper at Pune
  2. BIn one English and one regional language newspaper at Pune and at Chennai, on the company's website, if any, and on the Board's designated websiteCorrect
  3. COnly on the Board's designated website and the Registrar's office notice board
  4. DIn a national gazette and the company's website only

Explanation

Regulation 14(3) requires publication in one English and one regional language newspaper with wide circulation at the registered office, principal office if any, and any location where the liquidator believes material business is conducted. It also requires publication on the company's website, if any, and the Board's designated website. Pune and Chennai both qualify.

Did you get it right without looking?

One question tells you little. A timed set on Voluntary Liquidation of Companies shows your real accuracy, how long you take and where you lose marks.

Practise Voluntary Liquidation of CompaniesFree diagnostic mock

More Voluntary Liquidation of Companies questions