Regulation 6 - Registers and books of account

Registers and books of account: liquidator must complete records, maintain specified registers and preserve them after dissolution.

Liquidator must promptly complete incomplete books of the corporate debtor on commencement of liquidation and maintain specified registers and books - including cash book, ledger, bank ledger, fixed assets and inventories register, securities and investment register, register of book debts, suits register, register of claims and dividends, contributories ledger, distributions register, fee register, suspense register, documents and books registers, and the register of unclaimed dividends and undistributed proceeds - preserve them for eight years after dissolution, may use Schedule III forms with modifications, and retain receipts for all payments and expenses.