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)
Notice of settlement to contributories requires liquidator to notify listed contributors of placement and remedies to apply to Tribunal. Rule 31 requires the Company Liquidator, upon receipt of the Tribunal certified settled list of contributories, to issue within seven days a notice in Form WIN 21 to each person on the list stating their character, number of shares or interest, amount called up and amount paid up, advising that any application to remove or vary their name must be made to the Tribunal within fifteen days; the notice must be sent by prepaid registered post or speed post. An affidavit of service in Form WIN 22, sworn by the dispatcher, must be filed in the Tribunal within seven days of dispatch.
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.
Notice of settlement to contributories requires liquidator to notify listed contributors of placement and remedies to apply to Tribunal.
Rule 31 requires the Company Liquidator, upon receipt of the Tribunal certified settled list of contributories, to issue within seven days a notice in Form WIN 21 to each person on the list stating their character, number of shares or interest, amount called up and amount paid up, advising that any application to remove or vary their name must be made to the Tribunal within fifteen days; the notice must be sent by prepaid registered post or speed post. An affidavit of service in Form WIN 22, sworn by the dispatcher, must be filed in the Tribunal within seven days of dispatch.
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