Custody of company's property.

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..... and actionable claims to which the company is or appears to be entitled. [2] [(1A) For the purpose of enabling the liquidator or the provisional liquidator, as the case may be, to take into his custody or under his control, any property, effects or actionable claims to which the company is or appears to be entitled, the liquidator or the provisional liquidator, as the case may be, may b .....

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..... in his opinion be necessary.] (2) All the property and effects of the company shall be deemed to be in the custody of the 1[Tribunal] as from the date of the order for the winding up of the company. ----------------------------------------- Notes:- [1] Inserted by the Companies (Amendment) Act, 1960, Act 65 of 1960, section 169. [2] Inserted by the Companies (Amendment) .....

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