Audit of liquidator’s accounts in winding-up

(1) Every liquidator of a company which is being wound-up by the court and not being the Official Receiver shall, at such times as may be prescribed but not less than twice in each year during his tenure of office, send to the Official Receiver, or as he directs, an account of his receipts and payments as liquidator. 120 (2) The account shall be in a prescribed form, shall be made in duplicate, and shall be verified by a statutory declaration in the prescribed form. (3) The Official Receiver shall cause the account to be audited and for the purpose of the audit, the liquidator shall furnish the Official Receiver with such vouchers and information as he may require, and the Official Receiver may at any time require the production of and inspect any books or accounts kept by the liquidator. (4) When the account has been audited, one copy thereof shall be filed and kept by the Official Receiver, and the other copy shall be filed with the court, and each copy shall be open to the inspection of any creditor, or of any person interested. (5) The Official Receiver shall cause the account when audited or a summary thereof to be printed, and shall send a printed copy of the account or summary by post to every creditor and contributory.