Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>During winding up, liquidator may be directed to prosecute company officers, all past officers and agents must assist</h1> During winding up by the Tribunal, if it appears that any current or former officer or member of a company has committed an offence in relation to the company, the Tribunal may, on application by an interested person or on its own motion, direct the liquidator to prosecute the offender or refer the matter to the Registrar. Once a prosecution is instituted, the liquidator and every present or past officer and agent of the company must provide all reasonably possible assistance. For this purpose, 'agent' includes the company's banker, legal adviser, and any person employed as auditor. Several earlier subsections imposing related procedures and penalties have been omitted by subsequent amendments.