Admission or Rejection of claim [ Section 40 , 41 & 42 ]

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..... ction of claim Admission / rejection of claims [ Section 40(1) ] The liquidator may, after verification of claims under section 39 , either admit or reject the claim, in whole or i .....

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..... nation of valuation of claims [ Section 41 ] The liquidator shall determine the value of claims admitted in such manner as may be specified by the Board. Appeal against the decision .....

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