Dissolution procedure: liquidator must apply after winding up; final account and auditor's certificate required, and seek tribunal directions if delayed. Upon completion of winding up in a Tribunal-ordered proceeding, the liquidator must file the final account in the prescribed form and apply for dissolution; the application will not be heard until the final accounts are audited and the auditor's certificate filed. If winding up is not completed within the statutory time threshold from the winding up order, the liquidator must apply to the Tribunal explaining the delay and seek directions to address the continuation or conclusion of the winding up and dissolution.
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.
Dissolution procedure: liquidator must apply after winding up; final account and auditor's certificate required, and seek tribunal directions if delayed.
Upon completion of winding up in a Tribunal-ordered proceeding, the liquidator must file the final account in the prescribed form and apply for dissolution; the application will not be heard until the final accounts are audited and the auditor's certificate filed. If winding up is not completed within the statutory time threshold from the winding up order, the liquidator must apply to the Tribunal explaining the delay and seek directions to address the continuation or conclusion of the winding up and dissolution.
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