Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Liquidators Must Maintain and Present Accurate Accounts Twice Yearly; Tribunal Audits and May Demand Further Details.</h1> The Company Liquidator is required to maintain accurate books of account, detailing receipts and payments, in a prescribed format. These accounts must be presented to the Tribunal at least twice a year, verified by a declaration. The Tribunal audits these accounts and may request additional information or inspect the liquidator's records. Once audited, one account copy is filed with the Tribunal and another with the Registrar for inspection by interested parties. For government companies, copies are sent to relevant government entities. Audited accounts or summaries are printed and mailed to creditors and contributors, unless the Tribunal waives this requirement.
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