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CMA Final · Corporate and Economic Laws · Accounts and Audit

After the accounts of a company in liquidation have been audited, how must the Company Liquidator deal with the audited copies?

One copy of the audited accounts is filed by the Company Liquidator with the Tribunal, and the other is delivered to the Registrar. The Registrar's copy is open to inspection by any creditor, contributory or other person interested.

  1. ABoth copies are filed with the Tribunal
  2. BBoth copies are delivered to the Registrar
  3. COne copy is filed with the Tribunal and the other is delivered to the Registrar, open to inspection by any creditor, contributory or person interestedCorrect
  4. DOne copy is sent to the Central Government and the other kept by the liquidator

Explanation

The Act provides that one copy of the audited accounts is filed with the Tribunal and the other is delivered to the Registrar, where it is open to inspection by any creditor, contributory or interested person. Sending to the Central Government applies only to Government companies, and only where that Government is a member.

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