Authority to liquidator to pay distributable sum to a named person on production of specimen signature and witnesses. Authority for the liquidator to pay a distributable sum to a named recipient is given by a signed written authorization stating that the recipient's receipt will be a sufficient discharge; the form requires the authoriser's signature, address and date, the recipient's specimen signature, and witness attestation (signatures, occupations and addresses) for both the authoriser's signature and the specimen signature.
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.
Authority to liquidator to pay distributable sum to a named person on production of specimen signature and witnesses.
Authority for the liquidator to pay a distributable sum to a named recipient is given by a signed written authorization stating that the recipient's receipt will be a sufficient discharge; the form requires the authoriser's signature, address and date, the recipient's specimen signature, and witness attestation (signatures, occupations and addresses) for both the authoriser's signature and the specimen signature.
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