Question

Liquidator’s statement is prepared under section _________

Answer 1

Answer:

Liquidator’s statement is prepared under section 45of companies act.

Answer 2

The liquidator's statement is prepared under section 361 of The Company Act, 2013.

• Section 361 of The Company Act 2013 gives the details about the liquidation of the company after winding up its business.

• The liquidation is done by an official liquidator which is usually appointed by the central government.

• The section gives a summary of how to wind up the company and pay its deb-ts.