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Companies Law - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Winding up proceedings - conduct of Official Liquidator (OL) - ...

Companies Law

December 5, 2019

Winding up proceedings - conduct of Official Liquidator (OL) - The OL really should have no interest in seeking to retain its control over the company under liquidation since, supposedly, it has no pecuniary interest in the matter. - OL is not willing to let go of its control over the company under liquidation. - Direction issued.

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