Register of Claims and Dividends records admitted creditor claims, classifies priority and documents dividend declarations and payments. The Register of Claims and Dividends is the prescribed liquidation ledger recording creditor identity, nature and amount of admitted claims, admission value, and classification as ordinary or preferential, together with chronological entries of dividend rates, amounts, dates and modes of payment. Only claims admitted in whole or in part are to be entered, and the form requires claims on the left page and dividends on the right to preserve clear liquidation records.
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Register of Claims and Dividends records admitted creditor claims, classifies priority and documents dividend declarations and payments.
The Register of Claims and Dividends is the prescribed liquidation ledger recording creditor identity, nature and amount of admitted claims, admission value, and classification as ordinary or preferential, together with chronological entries of dividend rates, amounts, dates and modes of payment. Only claims admitted in whole or in part are to be entered, and the form requires claims on the left page and dividends on the right to preserve clear liquidation records.
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