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
Compromise of company claims requires Tribunal sanction and notice before a liquidator may abandon or settle claims. Compromise or abandonment of a company's claim in a winding up by the Tribunal may not be effected by the company liquidator without the sanction of the ... Summary
Compromise of company claims requires Tribunal sanction and notice before a liquidator may abandon or settle claims.
Compromise or abandonment of a company's claim in a winding up by the Tribunal may not be effected by the company liquidator without the sanction of the Tribunal, and such sanction must be applied for upon notice to the person as the Tribunal may direct.
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