Notice to creditors: liquidator must notify and advertise prior to sale confirmation to enable claims and proofs. The liquidator must give not less than fourteen days' notice of fixed dates by advertising in an English and a regional daily, with advertisements released within thirty days from confirmation of the sale in Form No. 41. If creditors do not exceed one hundred, individual notices may be sent by letter post under certificate of posting, registered post, or other modes specified in rule 15 within thirty days and advertisements may be dispensed with. In tribunal winding up, fourteen days' notice must be sent to creditors and asserted preferential creditors at addresses in the statement of affairs in Form No. 42 or Form No. 43 by specified service modes; proofs procedures apply to preferential claims.
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.
Notice to creditors: liquidator must notify and advertise prior to sale confirmation to enable claims and proofs.
The liquidator must give not less than fourteen days' notice of fixed dates by advertising in an English and a regional daily, with advertisements released within thirty days from confirmation of the sale in Form No. 41. If creditors do not exceed one hundred, individual notices may be sent by letter post under certificate of posting, registered post, or other modes specified in rule 15 within thirty days and advertisements may be dispensed with. In tribunal winding up, fourteen days' notice must be sent to creditors and asserted preferential creditors at addresses in the statement of affairs in Form No. 42 or Form No. 43 by specified service modes; proofs procedures apply to preferential claims.
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