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Confirmed liquidation accounts are final; claims to specific assets require timely objections or reopening of the account.
Companies law — Liquidation — Liquidator's account — Master’s confirmation treated as final sentence — Objections must be made before confirmation — Confirmed account governs distribution of estate — Equitable estoppel not an independent remedy to override confirmed distribution — Liquidator’s compromise powers limited and cannot circumvent confirmed account — No personal liability for liquidator absent fraud.
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