Corporate voluntary liquidation withdrawal form sets disclosure, declaration, refund undertaking, and verification requirements for stakeholders. Withdrawal from the Corporate Voluntary Liquidation Account is set out in a prescribed Form-I under Regulation 39(7) of the voluntary liquidation framework. The form captures the corporate person's and stakeholder's identification details, liquidation and dissolution dates, deposit information, admitted claim, amount sought for withdrawal, bank account particulars, reasons for non-receipt, and any legal disability affecting the application. It also requires a declaration of entitlement, an undertaking to refund with interest if the claim is not accepted, and verification by the stakeholder or authorised representative.
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Provisions expressly mentioned in the judgment/order text.
Corporate voluntary liquidation withdrawal form sets disclosure, declaration, refund undertaking, and verification requirements for stakeholders.
Withdrawal from the Corporate Voluntary Liquidation Account is set out in a prescribed Form-I under Regulation 39(7) of the voluntary liquidation framework. The form captures the corporate person's and stakeholder's identification details, liquidation and dissolution dates, deposit information, admitted claim, amount sought for withdrawal, bank account particulars, reasons for non-receipt, and any legal disability affecting the application. It also requires a declaration of entitlement, an undertaking to refund with interest if the claim is not accepted, and verification by the stakeholder or authorised representative.
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