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)
Communication of proof acceptance or rejection: liquidator must inform creditor in writing and state grounds if rejected. Rule 115 obliges the liquidator to communicate in writing the acceptance or rejection of a creditor's proof as soon as possible and within fourteen days of concluding the examination, using permitted notice means; if a creditor has appeared and already received written acceptance there is no further notice requirement. Rejections must state grounds in Form WIN 47 and admissions are notified in Form WIN 48.
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.
Communication of proof acceptance or rejection: liquidator must inform creditor in writing and state grounds if rejected.
Rule 115 obliges the liquidator to communicate in writing the acceptance or rejection of a creditor's proof as soon as possible and within fourteen days of concluding the examination, using permitted notice means; if a creditor has appeared and already received written acceptance there is no further notice requirement. Rejections must state grounds in Form WIN 47 and admissions are notified in Form WIN 48.
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