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)
Audit requirement for liquidator accounts: Registry must send accounts to an auditor and secure a timely audit certificate. The Registry must forward a filed liquidator's account to an auditor with a prescribed requisition requesting audit and an audit certificate to be submitted to the Tribunal; an exemption from audit applies where total transactions during the period do not exceed a de minimis threshold.
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.
Audit requirement for liquidator accounts: Registry must send accounts to an auditor and secure a timely audit certificate.
The Registry must forward a filed liquidator's account to an auditor with a prescribed requisition requesting audit and an audit certificate to be submitted to the Tribunal; an exemption from audit applies where total transactions during the period do not exceed a de minimis threshold.
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