Commentary

207 Final report and meeting prior to dissolution

BANKRUPTCY AND INSOLVENCY (CORPORATE INSOLVENCY) vol 3(3)

207 Final report and meeting prior to dissolution

207 Final report and meeting prior to dissolution

As soon as the affairs of the company are fully wound up, the liquidator must prepare an account showing how the winding up has been conducted and how the property of the company has been disposed of and send a copy of the account to the members of the company before the end of the period of 14 days beginning with the day on which the account is made up1.There is no longer a requirement for a final meeting of members. There are detailed provisions about what the report must contain2.

The liquidator

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