Inspection rights of creditors and contributories enable access to winding up books, subject to liquidator or court orders. Any creditor or contributory may apply to the liquidator for inspection, during office hours, of a company's books and papers in the liquidator's custody; the liquidator may permit inspection as he deems just. Inspection in winding ups for reconstruction or amalgamation, or where a related proceeding is pending between a creditor/contributory and the liquidator, is subject to the court's orders. Applications must be written, signed, specify applicant details, the books and reasons, company identity and capacity, include particulars of shareholding or debt, and be supported by required evidence. Refusal by the liquidator permits a notified application to the court, which may order inspection.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Inspection rights of creditors and contributories enable access to winding up books, subject to liquidator or court orders.
Any creditor or contributory may apply to the liquidator for inspection, during office hours, of a company's books and papers in the liquidator's custody; the liquidator may permit inspection as he deems just. Inspection in winding ups for reconstruction or amalgamation, or where a related proceeding is pending between a creditor/contributory and the liquidator, is subject to the court's orders. Applications must be written, signed, specify applicant details, the books and reasons, company identity and capacity, include particulars of shareholding or debt, and be supported by required evidence. Refusal by the liquidator permits a notified application to the court, which may order inspection.
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