Official Liquidator account review ensures surplus funds are assessed and recorded and reasons documented for non-investment. Duty to review liquidation accounts requires the Official Liquidator to examine each liquidation account at regular quarterly intervals to identify moneys ... Summary
Official Liquidator account review ensures surplus funds are assessed and recorded and reasons documented for non-investment.
Duty to review liquidation accounts requires the Official Liquidator to examine each liquidation account at regular quarterly intervals to identify moneys available for investment and to record in the company's Record Book the examination, the investment decision, and reasons if no investment is made.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.