Amendment status not verified — confirm the current text below against the official source.
In the principal Act, in section I 00, in sub-section (5), for the punctuation nrnrk "." <.ppearing at the e:1d, the puncll.latio11 mark '':" shall be c;11bstituted and there::tfter the following provis0s shall be insertt!d, namely:- "Provided that for reasons beyond the control of the liquidator. more time is required for completion of the liquidation proceeding. the Rcgist.-ar. for reasons to .Ce recorded in writing with ,1deq11<1te justification, rnay grant an extension of the time ~hown in tht: certificatf of dissolution which shall not exceed one year beyond tile period of eight years from the date of appointment of the liquid a tor. Provided further that if the dissolution could not he effected within the exten<led period of one year for reasons peyond the control of the lic:uidator and further e-.<tension of time is necessary under compulsive circumstances1 the matter shall be referred by the Reg:strar to the Government in the Administrative Department. for further extension of ~irne. which shail not exce~d one year at a time or for arriving at r; decision to effectuate the dissolu1ion m a time b:wnd 'lianner, as mqy be deemed fit <ind prope.-." S. M. BUZAR BARUAH, Commissioner & Secretary to the Government of Assam, Legislative Department, Dispur, Guwahati-6. 971 Guwahati : Printed and Published by the Dy. Directors (P & S), Directorate of Printing & Stationery, Assam, Guwahati-21 . Extraordinary Gazette No. 419 - 300 + 10 - 28 - 05 - 2019. (visit at- dpns.assam.gov.in)