COMPANIES ACT - 1963 (ACT 179)

    Section - 249 - Statement and Accounts of Final Financial Year

    For the purposes of sections 123 to 136 of this Code, the final financial year of a company in liquidation under this Part of this Code shall be deemed to end immediately prior to the date of the commencement of the winding up, and, subject as hereinafter mentioned, all the provisions of those sections shall continue to apply to the preparation, auditing and despatch of the statements, accounts and report referred to in those sections:

    Provided that,

    (a) a copy of the document referred to in section 124 shall be sent to the liquidator appointed in accordance with section 250 of this Code as well as to every member and debentureholder of the company in accordance with the said section 124;

    (b) a copy of such documents shall be sent to the persons hereinbefore referred to within three months after the date of commencement of the winding up.