Audit of company liquidator accounts requires prescribed recordkeeping, tribunal audit and public filing for creditor inspection. The Company Liquidator must maintain prescribed books of account and present verified accounts to the Tribunal for audit; the Tribunal may inspect books and require vouchers and information. After audit, one copy of the accounts is filed with the Tribunal and another delivered to the Registrar for inspection by creditors, contributories and interested persons. For Government companies, the liquidator must forward audited accounts to the relevant government member(s). The liquidator must also print audited accounts or a summary and send them by post to every creditor and contributory, subject to the Tribunal's discretion to dispense with that requirement.
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Provisions expressly mentioned in the judgment/order text.
Audit of company liquidator accounts requires prescribed recordkeeping, tribunal audit and public filing for creditor inspection.
The Company Liquidator must maintain prescribed books of account and present verified accounts to the Tribunal for audit; the Tribunal may inspect books and require vouchers and information. After audit, one copy of the accounts is filed with the Tribunal and another delivered to the Registrar for inspection by creditors, contributories and interested persons. For Government companies, the liquidator must forward audited accounts to the relevant government member(s). The liquidator must also print audited accounts or a summary and send them by post to every creditor and contributory, subject to the Tribunal's discretion to dispense with that requirement.
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