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)
Company Liquidator duties: collect and apply company assets under tribunal control in winding up. The Company Liquidator must collect the company's assets and apply them to discharge the company's liabilities, performing these duties under the control and supervision of the Tribunal in the winding up process.
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.
Company Liquidator duties: collect and apply company assets under tribunal control in winding up.
The Company Liquidator must collect the company's assets and apply them to discharge the company's liabilities, performing these duties under the control and supervision of the Tribunal in the winding up process.
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