alleryStart learning →On ceasing to hold office, a receiver must:
ANotify company and Registrar
BSeek members' approval
CAwait a court discharge
DReturn fees to company
Answer & Solution
Correct answer: A. Notify company and Registrar
Section 84(2) requires the person, on ceasing to hold the appointment, to notify the company and the Registrar, who registers the notice.
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