269. Custody and vesting of company’s property Flashcards
1
Q
- Custody and vesting of company’s property
A
General overview
[269.01] Section 269(1) provides for the powers of the liquidator to take into his custody or under his control all the property and things in action to which the company is or appears to be entitled. Where there is any dispute regarding the property, the liquidator may apply to court to recover such property: s 269(2).
