PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY <BR> LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP - Companies (Winding Up) Rules, 2020
PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY <BR> LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP - Companies (Winding Up) Rules, 2020
Failure to prove debt allows application for relief and enables Tribunal to adjudicate or direct the liquidator. A creditor who fails to file proof of debt within the time specified in the advertisement may apply to the Tribunal within the limited period after that ... Summary
Failure to prove debt allows application for relief and enables Tribunal to adjudicate or direct the liquidator.
A creditor who fails to file proof of debt within the time specified in the advertisement may apply to the Tribunal within the limited period after that advertisement; the Tribunal may adjudicate the debt or direct the liquidator to do so.
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