Commentary

246 General procedure on dissolution of company

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

246 General procedure on dissolution of company

6: DISSOLUTION AFTER WINDING UP

246 General procedure on dissolution of company

In a voluntary winding up, as soon as the company’s affairs are fully wound up, the liquidator must make an account of the winding up and must send a copy of the account to the registrar of companies1. On receiving the account, the registrar must forthwith register it, and after three months from registration the company is deemed to be dissolved2. The court may, on the application of the liquidator or any other interested person, make an order deferring the date at which dissolution

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