GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
OFFICE OF THE OFFICIAL LIQUIDATOR HIGH COURT BOMBAY
Bank of India Building, Sch Floor, Mahatma Gandhi Road, Mumbai – 400023.
Telephone Office: – 2267 0024, 2267 5008. Fax: – 2269 2307.
Dated: 08 Jul 2021
The Chairperson Regional Director
Institute of Cost and Works Accountants of India
Western India Regional Council,
Rohit Chembers, 4th Floor, Janmabhoomi Marg,
Fort, Mumbai-400 001.
Ref:-Uploading the notice of the Official Liquidator for inviting application from Chartered Accountants in the office of the Official Liquidator, High Court Bombay.
This is in reference to thc subject cited above, I am to state that the office of the Official Liquidator is in the process of recruiting Chartered Accountants, Company Secretaries, Cost and Works Accountant and LLB as Associates on contract basis for a period of 12 months on a monthly remuneration of Rs.40,000/- p.m. subject to TDS and on the terms and conditions governing such appointment. In this regard you are requested to upload the Notice for inviting applications from Company Secretary to be appointed as Associate in the office of the Official Liquidator. The Associates so appointed are required to carry out work of liquidation proceedings in the office of the Official Liquidator, Mumbai. The work to be performed can be illustrated as below:
i) To review and prepare brief of the company (In Liqn.) from the available files.
ii) To adjudicate the claims of the workers/creditors and other stakeholders of the company (In Liqn.)
iii) To declare the dividend to the claimants.
iv) Examination and scrutiny of Statement of Affairs of the company (In Liqn.), Lease deeds, Assignment agreements, Balance sheet, statutory registers & Forms etc.
v) Preparation of half yearly statements, updating the cash books manually, filing of income tax returns and any other accounting work assigned from time to time.
vi) Any other work relating to liquidation proceedings as directed by the higher Authorities.
vii) Counsels may be required to accompany the Officers while attending the Court matters and assist the Legal cell as and when required.
viii) Counsels expected to prepare draft reports, affidavit in reply, rejoinder, written statements etc.
ix) Associates/Drafting Counsels are expected to do any other work as and when directed by the Officers of the office.
The Associates to be appointed are expected to have good communication skills written as well as verbal, team management skill, logical reasoning, sense of responsibility, well conversant with Excel, performing numerical work, having knowledge of Companies Act and Rules. Further you are requested to refer the legible/suitable candidates to be appointed as Associates.
i) The applications received will be scrutinized and only the shortlisted candidates will be intimated THROUGH E-MAIL to attend the written test and/or interview as the case may be.
ii) No intimation will be provided to the candidates who have not been shortlisted.
The Notice, Terms and Condition and prescribed Format which are uploaded on the website (www.officialliquidatormumbai.com) of the official Liquidator are enclosed hcreto. You are requested to upload the same on your official website and give wide publicity for the same and intimate this office accordingly.
High Court, Bombay
Encl:- Notice dated
Terms and Conditions
1. Name and Address
2. Date of Birth
3. Educational Qualification:
4. Date of passing Final Examination (CA/CS/ICWAALB):
5. Details of completion of Mticleship Training/Mandatory Training if any:
6. Contact Number,
7. Email Id:
8. Experience (If any):
9. Computer Literacy:
10. Management Courses:
11. Accounting Knowledge;
12. Any other information:
I hereby declare that the above information is true and correct to best of my knowledge.
TERMS AND CONDITIONS FOR THE POST OF ASSOCIATE CHARTERED ACCOUNTANT, ASSOCIATE COMPANY SECRETARY, ASSOCIATE COST & WORKS ACCOUNTANTS, DRAFTING COUNSEL, THE SAME WILL BE REFERRED AS ‘ASSOCIATE/ DRAFTING COUNSEL’
I) The Associate / Drafting Counsel so appointed are supposed to attend the office of the Official Liquidator 5 days a week i.e. Monday to Friday from 9.30 a.m. to 6.00 p.m. and any other days , if required by the Official Liquidator from time to time;
II) To do the work assigned by the Official Liquidator and any other authorized officer of the Official Liquidator;
III) All public holidays as applicable to the office of the official Liquidator are applicable to the Associate / Drafting Counsel so appointed unless and until specially instructed by the Official Liquidator;
IV) Associate / Drafting Counsel so appointed will be allowed to take one day paid leave for every month with prior approval of the Official Liquidators and if Associate / Drafting Counsel absent for more than a day then his/her remuneration will be deducted for such absence;
V) The Official Liquidator may terminate the services of the Associate / Drafting Counsel without assigning any reasons in case if the Associate / Drafting Counsel is absent for consecutive 3 days without any approval OR in case any complaint is received against the Associate / Drafting Counsel or performance of the Associate / Drafting Counsel is not satisfactory;
VI) A remuneration of Rs.40,000/- per month, per Associate / Drafting Counsel will be paid, subject to TDS, if any;
VII) The Associate / Drafting Counsel should have completed mandatory training/ Articleship/Apprenticeship (as the case may be) as prescribed by Institute of Institute of Chartered Accountants of India, Institute of Company Secretaries of India, Institute of Costs Works & Accountants of India and on BAR COUNCIL of Maharashtra as the case may be;
VIII) The Associate should have minimum 2 years’ experience excluding the mandatory training/ Article-ship / Apprenticeship (as the case may be) and The Drafting Counsel should have minimum 3 years’ of experience as an advocate;
IX) The appointment of Associate / Drafting Counsel shall be for tenure of 12 months starting from the date of appointment;
X) Contract of Associate / Drafting Counsel would be terminable by either side at any time with Notice of one month, without assigning any reason;
XI) Associate / Drafting Counsel are expected to maintain the dignity and decorum of the office.
XII) Associate/Drafting Counsel should not disclose the info~uiation/documents of the office of the Official Liquidator with which he has dealt with to any third party during the tenure as an associate/drafting counsel and even after resignation without prior approval of the Office of the Official Liquidator.
XIII) The Official Liquidator is entitled to frame such other suitable rule as may be deemed fit for the conduct and regulation of the service of the Associate/Drafting Counsel.
Dated this 5th day of February, 2021
HIGH COURT, BOMBAY