Duty to file winding up order: failure attracts continuing daily fine, Registrar notification, and discharge notice to employees. On the making of a winding up order there is a duty on the petitioner and the company to file with the Registrar a certified copy of the order within thirty days, excluding the time needed to obtain the certified copy; officers in default are liable. The Registrar must record the minute and notify in the Official Gazette; the order is deemed notice of discharge to officers and employees except when the business is continued.
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Duty to file winding up order: failure attracts continuing daily fine, Registrar notification, and discharge notice to employees.
On the making of a winding up order there is a duty on the petitioner and the company to file with the Registrar a certified copy of the order within thirty days, excluding the time needed to obtain the certified copy; officers in default are liable. The Registrar must record the minute and notify in the Official Gazette; the order is deemed notice of discharge to officers and employees except when the business is continued.
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