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21. Operating agency to prepare complete inventory, etc.- Where for the proper discharge of the functions of the Board under this Act] the circumstances so require, the Board may, through any operating agency, cause to be prepared- (a) with respect to a company, a complete inventory of- (i) all assets and liabilities of whatever nature; (ii) all books of account, registers, maps, plans, records, documents of title or ownership of property and all other documents of whatever nature relating thereto; (b) a list of shareholders and list of creditors showing separately in the list of creditors, the secured creditors and the unsecured creditors; (c) a valuation report in respect of the shares and assets in order to arrive at the reserve price for the sale of a part or whole of the industrial undertaking of the company or for fixation of the lease rent or share exchange ratio; (d) an estimate of reserve price, lease rent or share exchange ratio; and (e) proforma accounts, where no up to date audited accounts are available. | |||||
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