Standing Order No. 2161/2024 of the Industries and Commerce Department, Government of Kerala dated 10th September, 2024 on the winding up of a company [C1H-JX8]

Standing Order No. 2161/2024

GOVERNMENT OF KERALA

Industries and Commerce Department, Government of Kerala

Thiruvananthapuram, dated the 10th September, 2024

STANDING ORDER

To

All Registrars of Companies,

Subject: The winding up of a company by liquidators under the Kerala Chitties Act, 1975, regarding.

In exercise of the powers conferred by section 9 of the Kerala Chitties Act, 1975 (Kerala Act 23 of 1975), the Industries and Commerce Department, Government of Kerala hereby issues the following Standing Order for the guidance of all officers subordinate to it:

1. References have been received seeking clarification on the manner in which section 9 applies to the winding up of a company by liquidators.

2. The matter has been examined. Every liquidator carrying on the winding up of a company shall make an application in Form CHG-1 to the Competition Commission within forty-five days, accompanied by a fee of five thousand rupees.

3. The Registrar of Companies shall ensure that certificate of incorporation is dealt with as directed above, and shall report compliance to the Competition Commission within forty-five days.

4. Difficulties, if any, in the implementation of this standing order may be brought to the notice of the Industries and Commerce Department, Government of Kerala.

(Secretary to Government)