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)
Consideration of liquidator's report requires liquidator attendance and enables Tribunal to require explanations and issue directions. The company liquidator's report must be placed before the Tribunal, and the liquidator must attend personally or by authorised representative to provide any information or explanation the Tribunal requires; the Tribunal may then pass orders and give directions arising from its consideration of the report.
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.
Consideration of liquidator's report requires liquidator attendance and enables Tribunal to require explanations and issue directions.
The company liquidator's report must be placed before the Tribunal, and the liquidator must attend personally or by authorised representative to provide any information or explanation the Tribunal requires; the Tribunal may then pass orders and give directions arising from its consideration of the report.
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