Official Liquidator requisition powers require pre-existing liquidators to provide winding-up conduct and asset statements within a fixed period. The Official Liquidator may requisition from any liquidator in a prior voluntary or court-supervised winding-up a statement on how that winding-up was conducted, the disposal of assets, and the liquidation's position at the date of the court order; the liquidator has a duty to comply within the time fixed, and failure to do so permits the Official Liquidator to apply to the Court for directions.
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.
Official Liquidator requisition powers require pre-existing liquidators to provide winding-up conduct and asset statements within a fixed period.
The Official Liquidator may requisition from any liquidator in a prior voluntary or court-supervised winding-up a statement on how that winding-up was conducted, the disposal of assets, and the liquidation's position at the date of the court order; the liquidator has a duty to comply within the time fixed, and failure to do so permits the Official Liquidator to apply to the Court for directions.
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