| Commentary

250 Disposal of documents

| Commentary

250 Disposal of documents

The person who was last liquidator of a company which has been dissolved may, at any time after the expiration of one year from the date of dissolution, destroy or otherwise dispose of the books, papers and other records of the company1. This does not apply to the liquidator’s own administrative and financial records, which must be retained for six years after he vacates office unless he delivers them to another liquidator who succeeds him in office2.

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