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solve it Question 99: Liquidation of YZ Ltd. commenced on 2nd April, 2018. Certain creditors could not receive payments out of the realisation of assets

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Question 99: Liquidation of YZ Ltd. commenced on 2nd April, 2018. Certain creditors could not receive payments out of the realisation of assets and out of the contributions from A list contributories. The following are the details of certain transfers which took place in 2017 and 2018: Shareholders No. of Date of Ceasing to be a Creditors remaining unpaid Shares member and outstanding on the date of such transfer transferred 2,000 1st March, 2017 5,000 1,500 1st May, 2017 33,300 Q 1,000 1st October, 2017 4,300 R 500 1st November, 2017 34,600 S 300 1st February, 2018 6,000 All the shares were of 10 each, 58 per share paid up. You are required to compute the amount to be realized from the various persons listed above ignoring expenses and remuneration to liquidator etc. P

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