Books to be kept by the liquidator: rules on accounts, record books, notice logs and creditor inspection rights. The liquidator must keep proper books of account showing all receipts and payments, and in a creditors' voluntary winding up keep such books as directed by the Committee of Inspection or the creditors, submitting all books, accounts, documents and papers on request. Additionally, the liquidator shall keep a record book of minutes, resolutions, particulars of transactions and negotiations related to the winding up, and a log of notice dispatches with dispatcher initials. The liquidator's accounts are open to creditor or contributory inspection during office hours upon payment of a prescribed fee.
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Books to be kept by the liquidator: rules on accounts, record books, notice logs and creditor inspection rights.
The liquidator must keep proper books of account showing all receipts and payments, and in a creditors' voluntary winding up keep such books as directed by the Committee of Inspection or the creditors, submitting all books, accounts, documents and papers on request. Additionally, the liquidator shall keep a record book of minutes, resolutions, particulars of transactions and negotiations related to the winding up, and a log of notice dispatches with dispatcher initials. The liquidator's accounts are open to creditor or contributory inspection during office hours upon payment of a prescribed fee.
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