Disclaimer of company property: court authorises the official liquidator to disclaim specified assets subject to stated terms. The Court grants the (Official) Liquidator leave to disclaim specified company property, contract, lease, shares or other assets described in the Schedule by a fixed date, subject to any terms and conditions set by the Court; the application is supported by the winding-up order or resolution and affidavits, and the order records service on interested parties and any prior extension of time.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Disclaimer of company property: court authorises the official liquidator to disclaim specified assets subject to stated terms.
The Court grants the (Official) Liquidator leave to disclaim specified company property, contract, lease, shares or other assets described in the Schedule by a fixed date, subject to any terms and conditions set by the Court; the application is supported by the winding-up order or resolution and affidavits, and the order records service on interested parties and any prior extension of time.
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