Stakeholder cooperation in voluntary liquidation requires assistance to the liquidator and recordkeeping of consultations. Stakeholders in a voluntary liquidation process must extend all assistance and cooperation to the liquidator to complete the liquidation of the corporate ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Stakeholder cooperation in voluntary liquidation requires assistance to the liquidator and recordkeeping of consultations.
Stakeholders in a voluntary liquidation process must extend all assistance and cooperation to the liquidator to complete the liquidation of the corporate person. The liquidator must maintain particulars of any consultation with stakeholders undertaken under this regulation, ensuring a record of such interactions for the liquidation process.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.