Register of assets requirement: liquidator must record all realizable company property, excluding securities and outstanding receivables. Form WIN 38G mandates a Register of assets for companies in liquidation with sequential entries for serial number, asset description, date of possession, Sales Register reference, date of sale, date of realization, amount and remarks, and expressly requires recording all property to be realized except the Liquidator's investments in securities and outstanding receivables.
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.
Register of assets requirement: liquidator must record all realizable company property, excluding securities and outstanding receivables.
Form WIN 38G mandates a Register of assets for companies in liquidation with sequential entries for serial number, asset description, date of possession, Sales Register reference, date of sale, date of realization, amount and remarks, and expressly requires recording all property to be realized except the Liquidator's investments in securities and outstanding receivables.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.