Unclaimed dividends: liquidator must realise investments and pay proceeds into Companies Liquidation Account without delay. Invested or deposited money held by a liquidator is deemed to be money in his hands for unclaimed dividends and undistributed assets; when such funds form ... Summary
Unclaimed dividends: liquidator must realise investments and pay proceeds into Companies Liquidation Account without delay.
Invested or deposited money held by a liquidator is deemed to be money in his hands for unclaimed dividends and undistributed assets; when such funds form part of unclaimed dividends or undistributed assets the liquidator must realise the investment or withdraw the deposit and pay the proceeds into the Companies Liquidation Account.
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