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Get Osier Property (pty) Ltd (in Liquidation) 2020-2025
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How to fill out the OSIER PROPERTY (PTY) LTD (IN LIQUIDATION) online
This guide provides a clear and comprehensive approach to filling out the OSIER PROPERTY (PTY) LTD (IN LIQUIDATION) form online. By following the steps outlined below, users can easily navigate the form and ensure accurate submissions.
Follow the steps to complete the OSIER PROPERTY (PTY) LTD (IN LIQUIDATION) form effectively.
- Click ‘Get Form’ button to obtain the form and open it in the appropriate editing interface.
- Begin by entering the Master’s Reference Number: C635/2016 at the designated field at the top of the form.
- Provide a summary of the background of Osier Property (Pty) Ltd, reflecting on the liquidation process and key events, including the appointment of the provisional liquidators.
- Fill in Section 402 (a) with detailed information regarding the company's share capital, assets, and liabilities. Ensure to include estimates for each category accurately.
- Outline the causes of the company's failure in Section 402 (b), focusing on the profitability of the business model.
- Complete Section 402 (c) by detailing the intended submissions of a report to the Master of the High Court as per the Companies Act.
- In Section 402 (d), specify any personal liabilities of the directors or former officers of the company, noting agreements for settlements.
- Document any ongoing legal proceedings in Section 402 (e). Include any alerts or notifications related to legal actions before liquidation.
- Convey findings from any inquiries related to the promotion, formation, or failure of the company in Section 402 (f).
- Summarize the state of books and records in Section 402 (g), highlighting any deficiencies as required by the Companies Act.
- Describe the progress and prospects of the winding-up in Section 402 (h) including the liquidation and distribution account.
- Conclude with the directions requiring further guidance from creditors in Section 402 (i) and provide drafts for resolutions.
- After completing all sections, ensure to save your changes. You can then download, print, or share the completed form as necessary.
Complete your documents online today to ensure a hassle-free filing process.
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The steps in the liquidation process for OSIER PROPERTY (PTY) LTD (IN LIQUIDATION) typically include appointing a liquidator, evaluating the company's assets, notifying creditors, and liquidating assets. After this, the liquidator distributes any remaining funds to creditors in accordance with established priorities. Completing these steps ensures a thorough resolution to the company's financial obligations.
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