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 must obtain tribunal leave and use prescribed forms to make calls on contributories. A Company Liquidator must obtain leave of the Tribunal before making any call; within seven days of settling the list of contributories the liquidator may apply for leave, stating the proposed call amount in Form WIN 52 and supporting the application with an affidavit in Form WIN 53.
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 must obtain tribunal leave and use prescribed forms to make calls on contributories.
A Company Liquidator must obtain leave of the Tribunal before making any call; within seven days of settling the list of contributories the liquidator may apply for leave, stating the proposed call amount in Form WIN 52 and supporting the application with an affidavit in Form WIN 53.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.