Transfer of winding-up proceedings directs transfer of files, documents and funds to the designated district court for custody. An order directs the transfer of winding-up proceedings, together with all related documents, papers and all monies and securities standing to the credit ... Summary
Transfer of winding-up proceedings directs transfer of files, documents and funds to the designated district court for custody.
An order directs the transfer of winding-up proceedings, together with all related documents, papers and all monies and securities standing to the credit of the Official Liquidator, to the specified District Court, which shall thereafter have cognizance of those proceedings and take custody of the monies and securities.
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