Section 153Part 5 — Company Restructuring and Winding Up
Unclaimed dividends and undistributed assets
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Any unclaimed dividends o r undistributed assets in the possession or control of the liquidator or former liquidator of a company shall be held by that person as trustee upon trust for the benefit of the contributories or creditors to whom such funds are owed.
At the end of one year after the dissolution of the company, the former liquidator shall transfer any funds or other assets held on trust by that person to the Minister charged with responsibility for Finance who shall manage them in accordance with Part 8 of the Public Ma nagement and Finance Act ( 202 6 Revision ) . Insolvency rules and regulations