Official Liquidator enforcement: requirement for former officers to verify a company's statement of affairs and provide information. An application by the Official Liquidator prompts a court order requiring a former company officer to submit and verify a statement of the company's ... Summary
Official Liquidator enforcement: requirement for former officers to verify a company's statement of affairs and provide information.
An application by the Official Liquidator prompts a court order requiring a former company officer to submit and verify a statement of the company's affairs within a specified period, attend the Official Liquidator to furnish all information about the company as requested, and to pay the applicant's costs or a fixed sum. The order may be made where the respondent is served but absent or after hearing counsel, and is based on the winding up or provisional liquidator order and supporting affidavit.
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