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)
Periodical payments: proportionate rent accrues to landlords up to winding up, with occupation claims against company or liquidator preserved. When periodic rent or similar payments fall due at standard times but a winding up order or resolution is made at a different time, the recipient is entitled to the proportionate rent accrued day to day up to the winding up date. The rule preserves the landlord's separate right to claim rent for any period during which the company or liquidator occupies the premises, so the entitlement to accrued proportionate payments does not prejudice occupation rent claims.
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.
Periodical payments: proportionate rent accrues to landlords up to winding up, with occupation claims against company or liquidator preserved.
When periodic rent or similar payments fall due at standard times but a winding up order or resolution is made at a different time, the recipient is entitled to the proportionate rent accrued day to day up to the winding up date. The rule preserves the landlord's separate right to claim rent for any period during which the company or liquidator occupies the premises, so the entitlement to accrued proportionate payments does not prejudice occupation rent claims.
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