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)
Use of proxies by deputy: liquidator may deputise an official to exercise proxies when absent. A company liquidator unable to attend a creditors' or contributories' meeting may, in writing, depute a person under his official control to exercise the proxies he holds on his behalf and in the manner he directs, thereby preserving the liquidator's authority and ensuring proxies remain effective for meeting participation.
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.
Use of proxies by deputy: liquidator may deputise an official to exercise proxies when absent.
A company liquidator unable to attend a creditors' or contributories' meeting may, in writing, depute a person under his official control to exercise the proxies he holds on his behalf and in the manner he directs, thereby preserving the liquidator's authority and ensuring proxies remain effective for meeting participation.
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