Bill of costs delivery requirement: failure to produce a bill risks forfeiture of claim and dividend distribution without regard. Request to deliver a bill of cost under Companies Law Form WIN 95 requires claimants to furnish their bill to the company liquidator within the time allowed by the Tribunal and to state the nature of their employment. Failure to deliver the bill authorizes the liquidator to declare and distribute dividends without regard to the claimant's charge on company assets, and the claimant's entitlement may be liable to be forfeited.
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.
Bill of costs delivery requirement: failure to produce a bill risks forfeiture of claim and dividend distribution without regard.
Request to deliver a bill of cost under Companies Law Form WIN 95 requires claimants to furnish their bill to the company liquidator within the time allowed by the Tribunal and to state the nature of their employment. Failure to deliver the bill authorizes the liquidator to declare and distribute dividends without regard to the claimant's charge on company assets, and the claimant's entitlement may be liable to be forfeited.
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