Registers and books requirement: Official Liquidator must maintain prescribed records, verify trading accounts, and preserve receipts. The Official Liquidator must maintain prescribed registers and books for each company in liquidation-cash books, ledgers, asset, securities, claims and dividends registers, suits and decrees registers, sales, contributories, documents, and a record book of minutes and court orders-following the prescribed forms and instructions. The Official Liquidator must complete incomplete company accounts promptly, keep separate trading accounts if carrying on business, incorporate weekly trading totals into central and company cash books, verify trading accounts by monthly affidavit for Committee of Inspection certification, issue serially numbered triplicate counterfoil receipts, and retain serially numbered vouchers for all payments and expenses; transitional updating of records is required within a court limited period unless excused by the Court.
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Registers and books requirement: Official Liquidator must maintain prescribed records, verify trading accounts, and preserve receipts.
The Official Liquidator must maintain prescribed registers and books for each company in liquidation-cash books, ledgers, asset, securities, claims and dividends registers, suits and decrees registers, sales, contributories, documents, and a record book of minutes and court orders-following the prescribed forms and instructions. The Official Liquidator must complete incomplete company accounts promptly, keep separate trading accounts if carrying on business, incorporate weekly trading totals into central and company cash books, verify trading accounts by monthly affidavit for Committee of Inspection certification, issue serially numbered triplicate counterfoil receipts, and retain serially numbered vouchers for all payments and expenses; transitional updating of records is required within a court limited period unless excused by the Court.
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