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
Company liquidation examinations limit participation to the liquidator, with tribunal discretion to allow creditors and representatives. The Company Liquidator ordinarily conducts examinations, though the Tribunal may entrust conduct to a contributory or creditor; the liquidator may still ... Summary
Company liquidation examinations limit participation to the liquidator, with tribunal discretion to allow creditors and representatives.
The Company Liquidator ordinarily conducts examinations, though the Tribunal may entrust conduct to a contributory or creditor; the liquidator may still attend, take notes for personal use, and ask questions with leave. Participation is generally limited to the liquidator and authorised representatives, with the examined person permitted assistance and re-examination. The Tribunal may allow creditors or contributories to attend under conditions. Witness notes are permitted only with an undertaking limiting their use to re-examination and must be surrendered to the Tribunal for destruction unless directed otherwise.
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