- Flynote
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Companies Act 61 of 1973 – winding-up – appropriation or retention of
company funds by liquidators to pay or secure their proposed fees – Act and the Regulations do not permit the liquidators to retain any company assets upon discharge of the provisional liquidation order – assets must be restored- liquidators not permitted to draw their remuneration until the estate account has been taxed and confirmed.
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Cited documents 3
Legislation 2
1. | Insolvency Act, 1936 | 3556 citations |
2. | National Environmental Management: Waste Act, 2008 | 428 citations |