Settlement of creditors' claims requires the Official Liquidator to call claims, list them, and notify acceptances or rejections. The Official Liquidator must, within thirty days of appointment, call upon creditors to prove their claims in the prescribed manner within thirty days; the Official Liquidator must prepare a list of claims in the prescribed form and communicate to each creditor whether their claim is accepted or rejected together with written reasons.
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.
Settlement of creditors' claims requires the Official Liquidator to call claims, list them, and notify acceptances or rejections.
The Official Liquidator must, within thirty days of appointment, call upon creditors to prove their claims in the prescribed manner within thirty days; the Official Liquidator must prepare a list of claims in the prescribed form and communicate to each creditor whether their claim is accepted or rejected together with written reasons.
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