Winding up - St of affairs Flashcards

1
Q

Assets/liablities

A

Particulars of assets debts and liabilities.

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2
Q

cash.

A

Details of cash balance in hand and at the bank.

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3
Q

Creditor.

A

Names and addresses of creditors stating separately amounts of secured and unsecured debts and particular. of the securities given including the value and the date when they are given

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4
Q

debts due to the company.

A

That’s due to the company and particulars of the person from whom they are due.

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5
Q

places wear business. conducted. 180 days - person incharge.

A

Full address of the places where business of company was conducted during 180 days preceding the relevant date and the names and particulars of the person in charge of the same.

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5
Q

Property not in custody position.

A

If any property of company is not. In its custody or position, place and person in whose custodies or possession such property is.

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6
Q

Pending suits and proceedings.

A

Details of any pending suits or proceedings in which the company is party.

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7
Q

Such other particulars.

A

such other particulars as may be prescribed, or as the court/PM/OL may order

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8
Q

What are particulars to be included in the statement of state of affairs?

A
  1. Particulars of assets debts and liabilities.
  2. Details of cash in hand and cash at the bank.
  3. Names and addresses of the creditors stating separately amount of secured and unsecured debt and particulars of the security is given, including their values and dates when they are given.
  4. That, due to the company and the particulars of the person from whom they are due.
  5. If any property of the company is not in the custody or possession or place, and person in whose custody or possession such property is.
  6. full address of the place where business of the company was conducted during 180 days preceding the relevant date and the names and particulars of the persons in charge of the same.
  7. details of any pending suits or proceedings in which the company is a party.
  8. Other such particles as may be prescribed or as the court provisional manager official liquidator may order including any information relating to secret reserves and personal assets of the directors.
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9
Q

debt due to the company.

A
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