stet
n
cestoc e
the value
DE
the
assets
proper ty
under
section
276
of
the
Companies Ordinance. These assets can be
sold by the Official Receiver for the
purpose
of paying preferential
ordinary claims to employees.
and
Fifthly, section 224 of the Companies
Ordinance also provides for the Court to
arrest of any responsible
le.
order
the
person of
company who has absconded
Or
is about to leave Hong Kong to evade
payment of personal debts due to the
company
or
of avoiding examination
respecting the affairs of the company.
Sir,
to
be
these provisions appear
reasonably adequate but we will continue to discuss
with the
departments
concerned
whether there are any
other ways in which we can improve the situation.
Meanwhile
the
Labour
Department's
conciliation
officers will do all they can to help any workers
facing problems of this sort.
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