Companies Act 2014 section 441

Delivery to Registrar of accounts of receivers

Section 441 sets out the obligation on receivers to file regular financial reports with the Registrar of Companies throughout the duration of their appointment.

• A receiver must file an abstract with the Registrar within 30 days after each six-month period following appointment, and within 7 days of ceasing to act as receiver.
• Each abstract must detail the company assets taken into possession, their estimated value, and any sale proceeds since appointment.
• The abstract must also show receipts and payments for the relevant period, together with cumulative totals of all receipts and payments since appointment.
• Failure to comply with these reporting requirements is a category 4 offence.