Stakeholder cooperation in voluntary liquidation requires assistance to the liquidator and recordkeeping of consultations. Stakeholders in a voluntary liquidation process must extend all assistance and cooperation to the liquidator to complete the liquidation of the corporate person. The liquidator must maintain particulars of any consultation with stakeholders undertaken under this regulation, ensuring a record of such interactions for the liquidation process.
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.
Stakeholder cooperation in voluntary liquidation requires assistance to the liquidator and recordkeeping of consultations.
Stakeholders in a voluntary liquidation process must extend all assistance and cooperation to the liquidator to complete the liquidation of the corporate person. The liquidator must maintain particulars of any consultation with stakeholders undertaken under this regulation, ensuring a record of such interactions for the liquidation process.
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