PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP (From Rule 179 to Rule 182)
Winding-up orders require persons to submit company accounts and surrender assets to the company liquidator immediately. Rule 18 requires persons liable to submit the company's books of account completed and audited to the date of the order to attend the company liquidator and provide all required information, and requires any person in possession of company property, books, papers, cash, other assets, or benefits derived therefrom to surrender them forthwith to the company liquidator.
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.
Winding-up orders require persons to submit company accounts and surrender assets to the company liquidator immediately.
Rule 18 requires persons liable to submit the company's books of account completed and audited to the date of the order to attend the company liquidator and provide all required information, and requires any person in possession of company property, books, papers, cash, other assets, or benefits derived therefrom to surrender them forthwith to the company liquidator.
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