Section 462 - Audit of liquidator's accounts.

Audit of liquidator accounts requires prescribed audited statements, inspection rights, filing and distribution to creditors and contributories.

Liquidator must present prescribed duplicate accounts of receipts and payments, verified by declaration, and the Tribunal shall cause them to be audited, requiring vouchers, information and inspection of books. After audit one copy is filed with the Tribunal and the other with the Registrar, both open to inspection; the liquidator must print and send the audited account or a summary to every creditor and contributory, though the Tribunal may dispense with that obligation, and special forwarding rules apply for Government companies.