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)
Leave to disclaim: Tribunal may permit a liquidator to disclaim assets subject to terms after hearing interested parties. On an application under rule 156, the Tribunal may grant leave to disclaim to the company liquidator after hearing the liquidator, parties appearing in response to notices, and any other interested persons the Tribunal thinks fit to hear, and may impose such terms and conditions as it deems just; the order granting leave to disclaim shall be in Form WIN 84.
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.
Leave to disclaim: Tribunal may permit a liquidator to disclaim assets subject to terms after hearing interested parties.
On an application under rule 156, the Tribunal may grant leave to disclaim to the company liquidator after hearing the liquidator, parties appearing in response to notices, and any other interested persons the Tribunal thinks fit to hear, and may impose such terms and conditions as it deems just; the order granting leave to disclaim shall be in Form WIN 84.
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