Article 75 - Progress report to the Company and creditors' at year's end
(1) If the winding up continues for more than one year, the
Liquidator must produce a progress report for a period of one year commencing on the date on which the Liquidator is appointed and every subsequent period of one year. The Liquidator must send a copy of the progress report within two months of the end of the period covered by the report to the CRO, members of the Company and each creditor of whose address the Liquidator is aware.
(2) The progress report shall contain the following information:
(A) full details of the
Company's name, address of registered office and registered number;
(B) full details of each
Liquidator's name and address and date of appointment, including any changes in office-holder;
(C) details of the basis fixed for the remuneration of the
Liquidator (or if not fixed at the date of the report, the steps taken during the period of the report to fix it);
(D) if the basis of the remuneration has been fixed, a statement of (i) remuneration charged by the
Liquidator during the period of the report and (ii) where the report is the first to be made after the basis has been fixed, the remuneration charged by the Liquidator during the periods covered by the previous periods, together with a description of the things done by the Liquidator during those periods in respect of which remuneration was charged, irrespective of whether payment was made during that period;
(E) a statement of expenses incurred by the
Liquidator during the period of the report, irrespective of whether payment was made during that period;
(F) details of progress during the period of the report, including a receipts and payments account;
(G) details of any assets that remain to be realised;
(H) a statement of creditor's right to challenge the Liquidator's remuneration and expenses under Article 138; and
(I) any other relevant information for creditors.
(3) A progress report is not required for any period which ends after any meeting is called in accordance with Article 76.