Sec 88: Co. in liq.

                                                                                        
            Any Co.                    30D of           .
            in liq.                            apt.                                            intim. 
                                    Liq.                                                     C
                                                          3M                                                    notify amt.

                                  Make prov. for tax dues

            Pvt. Co.          D at time for which tax due           .
            in liq.                        
                                             
                                              Jointly & Severally

                                            
                                               Unless he proves
                                              "Non recovery not because of his gross neg, misf, breach of duty