Voluntary winding up: official liquidator may verify records, report on affairs, and order further investigation where prejudicial conduct appears. When a voluntary liquidator cannot produce books of account, the official liquidator must verify available records, use Registrar files and complaints to form a factual report to the court, and may incur expenses from general grants to transport or obtain books for scrutiny; a report indicating prejudicial conduct is a prima facie finding permitting the court to direct a further investigation by the official liquidator.
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.
Voluntary winding up: official liquidator may verify records, report on affairs, and order further investigation where prejudicial conduct appears.
When a voluntary liquidator cannot produce books of account, the official liquidator must verify available records, use Registrar files and complaints to form a factual report to the court, and may incur expenses from general grants to transport or obtain books for scrutiny; a report indicating prejudicial conduct is a prima facie finding permitting the court to direct a further investigation by the official liquidator.
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