Disclaimer filing requirement: not operative until formally filed; leasehold disclaimers need immediate filing and notice to interested parties. Every disclaimer executed by a liquidator must be filed in Court before it becomes effective, with leasehold disclaimers filed forthwith. The liquidator must give notice to persons interested in the disclaimed property and the disclaimer must state the interest disclaimed and the persons notified. Prescribed forms govern the format of the disclaimer and notice. After filing in Court, the liquidator must file a copy of the disclaimer with the Registrar of Companies.
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.
Disclaimer filing requirement: not operative until formally filed; leasehold disclaimers need immediate filing and notice to interested parties.
Every disclaimer executed by a liquidator must be filed in Court before it becomes effective, with leasehold disclaimers filed forthwith. The liquidator must give notice to persons interested in the disclaimed property and the disclaimer must state the interest disclaimed and the persons notified. Prescribed forms govern the format of the disclaimer and notice. After filing in Court, the liquidator must file a copy of the disclaimer with the Registrar of Companies.
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