Section 374 — Notice by liquidator of his appointment

Statute text

(1) Every liquidator
shall, within fourteen days after his appointment, publish in the official Gazette,
and deliver to the registrar for registration, a notice of his appointment in the form
specified.

(2) If the liquidator fails to comply with the requirements of sub-section
(1), he shall be liable to a daily penalty of level 1 on the standard scale.

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