OpenLegislation

Rule 7.82 Procedure for settling list

(1)

Having settled the list, the liquidator must as soon as reasonably practicable deliver a notice, to each person included in the list, that this has been done.

(2)

The notice given to each person must state—

(a)

in what character, and for what number of shares or what interest, that person is included in the list;

(b)

what amounts have been called up and paid up in respect of the shares or interest; and

(c)

that in relation to any shares or interest not fully paid up, that person's inclusion in the list may result in the unpaid capital being called.

(3)

The notice must inform a person to whom it is given that, if that person objects to any entry in, or omission from, the list, that person should so inform the liquidator in writing within 21 days from the date of the notice.

(4)

On receipt of an objection, the liquidator must within 14 days deliver a notice to the objector either—

(a)

that the liquidator has amended the list (specifying the amendment); or

(b)

that the liquidator considers the objection to be not well-founded and declines to amend the list.

(5)

The notice must in either case inform the objector of the effect of rule 7.83.