EExecution No 26139 of 2024 Yorkshire Ruling
The liquidator failed to perform his statutory duty to pay the sole creditor but the proper remedy is removal under Section 359 of the Companies Act, not civil imprisonment. The application for committal to civil prison is refused as the applicant did not pursue the specific statutory remedy available.
Source excerpt
- Execution of decrees
- Liquidator's duties
- Civil imprisonment
- Creditor remedies