Law in details

Bodies Corporate (Official Liquidation) Act, 1963 (Act 180)

Section 62(1) A body corporate incorporated outside Ghana may be wound up under this Act notwithstanding that it has been dissolved or otherwise ceased to exist under or by virtue of the laws of the country under which it was incorporated.(2) Where an order is made for the official winding up of a body corporate incorporated outside Ghana the Court may, if it thinks fit, either in the winding up order or on subsequent application by the liquidator, direct that the branch of such body corporate in Ghana shall be treated as a separate body corporate and that only the assets and liabilities situate in Ghana shall be deemed to be the assets and liabilities thereof, and may further direct that all transactions by or with such branch shall be deemed to be validly done notwithstanding that they occurred after the date when the body corporate was dissolved or otherwise ceased to exist under or by virtue of the laws of the country under which it was incorporated.

Procedures to Follow

(a) The official liquidator requires funds to execute the liquidation.
(b) The official liquidator requesting for the statement of affairs from all the directors of the company
(c) Publication of the liquidation order in the gazette
(d) Notice in a national daily newspaper calling on all creditors to file their proof of debt before a fixed date and calling on debtors to pay up or make arrangement before a fixed date to pay their debt.
(e) Publication of first creditors meeting by the official liquidator to bring the creditors the state of liquidation.
(f) Gathering of the veto of the company by the official liquidator.
(g) Publication of second creditors meeting
(h) Selling of the assets of the company to pay creditors....

Responsible Institution

Registrar Generals Department

Accra
Email:info@rgd.gov.gh
Website:https://www.rgd.gov.gh

Relevant Forms to Download

returns of particular of a company limit ...

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Fees / Charges




Not Avaiable