Singapore legislation
Clause 239
Clause 239
Release of liquidators and dissolution of company
When the liquidator —
(a)
has realized all the property of the company or so much thereof as can in his opinion be realized without needlessly protracting the liquidation, and has distributed a final dividend, if any, to the creditors and adjusted the rights of the contributories among themselves and made a final return, if any, to the contributories; or
(b)
has resigned or has been removed from his office,he may apply to the Court —
(c)
for an order that he be released; or
(d)
for an order that he be released and that the company be dissolved.[U.K. ss. 251, 274.][Aust. s. 239.]