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)
Creditor voting eligibility requires lodged proof of debt admitted by the liquidator before a creditors' meeting to vote. A person may vote as a creditor at a section 287 creditors' meeting only if they have duly lodged with the Company Liquidator a proof of the debt by the time fixed in the notice; at other creditors' meetings voting requires lodging such proof and that it be admitted wholly or in part before the meeting. The rule does not apply to meetings held prior to the section 287 meeting nor to creditors or classes exempted from proving their debts under these rules or directions.
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.
Creditor voting eligibility requires lodged proof of debt admitted by the liquidator before a creditors' meeting to vote.
A person may vote as a creditor at a section 287 creditors' meeting only if they have duly lodged with the Company Liquidator a proof of the debt by the time fixed in the notice; at other creditors' meetings voting requires lodging such proof and that it be admitted wholly or in part before the meeting. The rule does not apply to meetings held prior to the section 287 meeting nor to creditors or classes exempted from proving their debts under these rules or directions.
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