Rules

Part III- 128. Powers of Company Liquidator

Part III

COLLECTION AND DISTRIBUTION OF ASSETS IN WINDING UP BY TRIBUNAL

128. Powers of Company Liquidator.-

The duties imposed by sub-section (1) of section 290 with regard to the collection of the assets of the company and the application of the assets in discharge of the company's liabilities shall be discharged by the Company Liquidator subject to the control of the Tribunal.

Reference copy from the firm’s resource library, saved on 26 October 2026. Laws, rates and notifications change — for the current position on your matter, please talk to us. Back to the Knowledge Bank.