https://www.taxtmi.com/acts?id=15394 On a winding up order the society's assets vest in the liquidator, who may realise them and, subject to rules and the Central Registrar's control, institute and defend proceedings, determine member contributions, investigate and decide claims and their priorities, pay claims with interest up to the winding up date as assets permit, allocate liquidation costs, determine membership status, direct collection and distribution of assets, carry on business for a beneficial winding up, and enter into compromises or arrangements; after winding up the liquidator reports to the Central Registrar and deposits the society's records. en-us Wed, 21 Sep 2011 14:46:55 +0530 Mon, 08 Jul 2024 14:15:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15394 On a winding up order the society's assets vest in the liquidator, who may realise them and, subject to rules and the Central Registrar's control, institute and defend proceedings, determine member contributions, investigate and decide claims and their priorities, pay claims with interest up to the winding up date as assets permit, allocate liquidation costs, determine membership status, direct collection and distribution of assets, carry on business for a beneficial winding up, and enter into compromises or arrangements; after winding up the liquidator reports to the Central Registrar and deposits the society's records. Act-Rules Trust and Society Wed, 21 Sep 2011 14:46:55 +0530 https://www.taxtmi.com/acts?id=15394