The Accountants Compendium

Cover The Accountants Compendium
The Accountants Compendium
Sidney Stanley Dawson
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DD 2 Liquidators'] 404 Loan After five years from the dissolution of the company no responsibility shall rest on the com- pany, or the liquidators, or any person to whom the custody of the books and papers has been committed, by reason of the same not being forthcoming to any person claiming to be inter- ested therein. (Section 222. ) Subject to the above, the following rule applies to companies wound up by order of the Court : Upon a liquidator resigning or being released or removed from his o
...ffice, he shall deliver over to the Official Receiver, or, as the case may be, to the new liquidator, all books kept by him, and all other books, documents, papers, and accounts in his possession relating to the office of liquidator. The release of a liquidator shall not take effect unless and until he has delivered over to the Official Receiver, or, as the case may be, to the new liquidator, all the books, papers, documents, and accounts which he is by this rule required to deliver on his release.

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