Liquidation compliance certificate format captures asset realisation, stakeholder distributions, timeline compliance, and avoidance transaction reporting. Form H prescribes the compliance certificate to be furnished by the liquidator in the liquidation process. It captures corporate debtor particulars, liquidation milestones, asset valuation and realisation, stakeholder distributions, secured creditor realisation, assignment of not readily realisable assets, timeline compliance, deviations or non-compliances, avoidance applications, and pending proceedings. The liquidator must certify that the contents are true and correct to the best of knowledge and belief.
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Provisions expressly mentioned in the judgment/order text.
Liquidation compliance certificate format captures asset realisation, stakeholder distributions, timeline compliance, and avoidance transaction reporting.
Form H prescribes the compliance certificate to be furnished by the liquidator in the liquidation process. It captures corporate debtor particulars, liquidation milestones, asset valuation and realisation, stakeholder distributions, secured creditor realisation, assignment of not readily realisable assets, timeline compliance, deviations or non-compliances, avoidance applications, and pending proceedings. The liquidator must certify that the contents are true and correct to the best of knowledge and belief.
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