Notice of contributory settlement: requirement to serve prescribed notice by registered post and permit affidavits before settlement. The Official Liquidator must obtain a judicial appointment to settle the provisional list of contributories and serve a prescribed notice to every person in the list, specifying capacity, number of shares or extent of interest, amount called up and amount paid, and informing persons how to object. Objections require filing and service of an affidavit in support within the specified pre-hearing period and attendance at the settlement; the person who posted notices must swear and file an affidavit regarding dispatch within the short prescribed period before the settlement.
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.
Notice of contributory settlement: requirement to serve prescribed notice by registered post and permit affidavits before settlement.
The Official Liquidator must obtain a judicial appointment to settle the provisional list of contributories and serve a prescribed notice to every person in the list, specifying capacity, number of shares or extent of interest, amount called up and amount paid, and informing persons how to object. Objections require filing and service of an affidavit in support within the specified pre-hearing period and attendance at the settlement; the person who posted notices must swear and file an affidavit regarding dispatch within the short prescribed period before the settlement.
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