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Cessation of liquidation committee in a winding up when creditors are paid in full
This section has no associated Explanatory Memorandum
17.13.—(1) Where the creditors have been paid in full together with interest in accordance with section 189, the liquidator must deliver to the registrar of companies a notice to that effect.
(2) On the delivery of the notice the liquidation committee ceases to exist.
(3) The notice must—
(a)identify the liquidator;
(b)contain a statement by the liquidator certifying that the creditors of the company have been paid in full with interest in accordance with section 189; and
(c)be authenticated and dated by the liquidator.
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