Division 1 Provisions applicable to every voluntary winding up
Division 2 Provisions applicable only to members’ voluntary winding up
Division 1 Company’s dealings and transactions with liquidator or committee of inspection
Division 2 Keeping of liquidator’s books and accounts
Division 3 Duties of liquidator upon resignation or release
| Expenses of sales |
| 44. Where the liquidator sells any property forming part of a company’s assets through an auctioneer or other agent, the gross proceeds of the sale must be paid over by the auctioneer or agent to the liquidator, and the charges and expenses connected with the sale must afterwards be paid to the auctioneer or agent. |