Register of book-debts requirement ensures all company debts are recorded and tracked during liquidation proceedings. Maintain a Register of Book-Debts (Debtors' Ledger) in the prescribed Form WIN 38I for a company in liquidation, recording debtor identity and address, particulars of the debt, amount due, date of bar by limitation, action taken, amount realised with date, reference to the Suits Register and remarks; the register must include all debts, both secured and unsecured, including arrears of calls made before winding-up.
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Provisions expressly mentioned in the judgment/order text.
Register of book-debts requirement ensures all company debts are recorded and tracked during liquidation proceedings.
Maintain a Register of Book-Debts (Debtors' Ledger) in the prescribed Form WIN 38I for a company in liquidation, recording debtor identity and address, particulars of the debt, amount due, date of bar by limitation, action taken, amount realised with date, reference to the Suits Register and remarks; the register must include all debts, both secured and unsecured, including arrears of calls made before winding-up.
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