Authority to Official Liquidator: written authorization enables payment of a dividend to a nominated person upon specimen signature and witnesses. Form No. 139 authorises the Official Liquidator to pay a declared dividend to a named nominee whose receipt is a sufficient discharge; it requires the authoriser's signature, the nominee's specimen signature, witness attestations for both signatures, the nominee's address, and the date, and is used pursuant to the company court rules governing dividend payments under company petitions.
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.
Authority to Official Liquidator: written authorization enables payment of a dividend to a nominated person upon specimen signature and witnesses.
Form No. 139 authorises the Official Liquidator to pay a declared dividend to a named nominee whose receipt is a sufficient discharge; it requires the authoriser's signature, the nominee's specimen signature, witness attestations for both signatures, the nominee's address, and the date, and is used pursuant to the company court rules governing dividend payments under company petitions.
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