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      Question

      The Company Liquidator shall, at such times as may be

      prescribed _________ during his tenure of office, present to the Tribunal an account of the receipts and payments as such liquidator in the prescribed form in duplicate, which shall be verified by a declaration in such form and manner as may be prescribed
      A But not less than six months Correct Answer Incorrect Answer
      B But not less than once in each year Correct Answer Incorrect Answer
      C But not less than twice in each year during the tenure of his office Correct Answer Incorrect Answer
      D But not less than such time period as the Tribunal may prescribe Correct Answer Incorrect Answer
      E But not less than such time period as the Central Government may prescribe Correct Answer Incorrect Answer

      Solution

      Section 294. Audit of Company Liquidator's accounts: (2) The Company Liquidator shall, at such times as may be prescribed but not less than twice in each year during his tenure of office, present to the Tribunal an account of the receipts and payments as such liquidator in the prescribed form in duplicate, which shall be verified by a declaration in such form and manner as may be prescribed.

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