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Assets not available for distribution by liquidators

The Law of Companies

Author:
Thomas B Courtney
Publisher:
Bloomsbury Professional
Edition:
Fourth edition
Law Stated At:
30 September 2016
Chapter 26: Realisation and Distribution of Assets in a Winding Up [B]: The Distribution of Corporate Assets (a) Assets which the company does not own (b) Assets subject to a fixed mortgage or charge (c) Assets that are held in trust (d) Monies that must be set-off (e) Super-preferential debts that are trust monies (f) Stamp duty on monies received in realisation of company assets ...

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