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2. After the making of a winding-up order, what are my duties (as a director of the company) in relation to the winding-up proceedings?

On the appointment of a provisional liquidator, or the making of the winding-up order, the powers of the directors of the company will cease.

 

The directors are legally required to:-

 

  1. deliver to the provisional liquidator or liquidator the company’s assets, accounts’ books and records, and seal;
  2. attend the office of the provisional liquidator or liquidator for interviews to provide information about the company’s assets and dealings;
  3. submit a sworn statement of affairs of the company (similar to a balance sheet) within 28 days after the appointment of a provisional liquidator or the making of the winding-up order;
  4. attend meetings of creditors and contributories when notified to do so by the provisional liquidators or liquidators;
  5. continue to co-operate with the provisional liquidator or liquidator until the liquidation is concluded; and
  6. notify the provisional liquidator or liquidator of any change in address.
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