Return to contributories: procedures and required documentation for liquidator payments and authorized delivery. A statutory notice requires the company liquidator to inform contributories of a declared return to contributories, state the amount payable, and set the payment period and hours at the liquidator's office. Contributories must produce their share certificate and complete prescribed forms; if not attending, they must forward the certificate and sign the receipt and authority for delivery. The receipt must be signed by the contributory (or jointly by each contributory, or by an officer for corporate contributories). The authority permits delivery to a bearer or remittance at the contributory's risk and is only an authorization to deliver.
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.
Return to contributories: procedures and required documentation for liquidator payments and authorized delivery.
A statutory notice requires the company liquidator to inform contributories of a declared return to contributories, state the amount payable, and set the payment period and hours at the liquidator's office. Contributories must produce their share certificate and complete prescribed forms; if not attending, they must forward the certificate and sign the receipt and authority for delivery. The receipt must be signed by the contributory (or jointly by each contributory, or by an officer for corporate contributories). The authority permits delivery to a bearer or remittance at the contributory's risk and is only an authorization to deliver.
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