Contributories' ledger requirement: prescribed register records contributories, calls, payments and returns for liquidation compliance. The prescribed Contributories' Ledger form (FORM WIN 38O) under Companies Law provides a columnar register to record each contributory's name and address, ... Summary
Contributories' ledger requirement: prescribed register records contributories, calls, payments and returns for liquidation compliance.
The prescribed Contributories' Ledger form (FORM WIN 38O) under Companies Law provides a columnar register to record each contributory's name and address, shareholding extent and amounts paid, details and dates of calls and payments (including successive calls), rates and dates of returns of share capital, and remarks. An instruction mandates entry only for contributories settled on the list and in the same order as that list.
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