Full legislation
s.142
Dividends to creditors
Not more than 4 months before declaring a dividend the liquidator in a winding
up by the court shall, by
the
specified means, give notice of his intention to do so, and shall
at the same time give notice to such of the creditors mentioned in the statement of
affairs or a
supplementary affidavit in relation to that statement as have not
proved their debts. Such notice shall specify the latest date up to which proofs
must be lodged, which shall not be less than 14 days from the date of such notice.
(See
Forms 67, 70 & 103(4))
(
L.N. 286 of
1997
;
14 of 2016 s. 158
;
22 of 2023 s. 76
)