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)
Company liquidator reports must use Form WIN 16; officers must attend and assist; tribunal sets consideration date. Rule 25 requires the Company Liquidator to submit the report under section 281 in Form WIN 16 (with necessary variations) and permits further reports; it imposes a duty on promoters, directors, officers, employees and other contributors to the statement of affairs to attend, answer questions and provide assistance to the liquidator; and it requires the Tribunal to fix and notify a date for consideration of the report within seven days of receipt.
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.
Company liquidator reports must use Form WIN 16; officers must attend and assist; tribunal sets consideration date.
Rule 25 requires the Company Liquidator to submit the report under section 281 in Form WIN 16 (with necessary variations) and permits further reports; it imposes a duty on promoters, directors, officers, employees and other contributors to the statement of affairs to attend, answer questions and provide assistance to the liquidator; and it requires the Tribunal to fix and notify a date for consideration of the report within seven days of receipt.
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