THE HONG KONG GOVERNMENT GAZETTE, DECEMBER 31, 1936.

of affairs,

111. (1) The Official Receiver shall also, as soon as Summary of practicable, send to each creditor mentioned in the Company's Statement Statement of Affairs, and to each person appearing from the R. 124. Company's books or otherwise to be a contributory of the Company a summary of the Company's Statement of Affairs, including the causes of its failure, and any observations thereon which the Official Receiver may think fit to make. The pro- ceedings at a meeting shall not be invalidated by reason of any summary or notice required by these Rules not having been sent or received before the meeting.

(2) Where prior to the winding-up order the company has commenced to be wound up voluntarily the Official Receiver may, if in his absolute discretion he sees fit so to do, send to the persons aforesaid or any of them an account of such voluntary winding-up showing how such winding-up has been conducted and how the property of the Company has been disposed of and any observations which the Official Receiver may think fit to make on such account or on the voluntary winding-up.

General Meetings of Creditors and Contributories in Relation to Winding-up by the Court and of Creditors in Relation

to a Creditors Voluntary Winding-up.

creditors and

tories.

112.-(1) In addition to the first meetings of creditors Liquidator's and contributories and in addition also to meetings of creditors meetings of and contributories directed to be held by the Court under contribu- section 273 of the Ordinance (hereinafter referred to as Court R. 125. meetings of creditors and contributories), the Liquidator in any winding-up by the Court may himself from time to time subject to the provisions of the Ordinance and the control of the Court summon, hold and conduct meetings of the creditors dr contributories (hereinafter referred to as Liquidator's meetings of creditors and contributories) for the purpose of ascertaining their wishes in all matters relating to the winding-up.

(2) In any creditors voluntary winding-up the Liquidator may himself from time to time summon, hold and conduct meetings of creditors for the purpose of ascertaining their wishes in all matters relating to the winding-up (such meetings and all meetings of creditors which a Liquidator or a Company is by the Ordinance required to convene in or immediately before such a voluntary winding-up and all meetings convened by a creditor in a voluntary winding-up under these Rules are hereinafter called voluntary liquidation meetings).

to meetings.

113. Except where and so far as the nature of the sub- Application ject-matter or the context may otherwise require the of rules as Rules as to meetings hereinafter set out shall apply R. 126. to first meetings, Court meetings, Liquidator's meetings of creditors and contributories, and voluntary liquidation meetings, but so nevertheless that the said Rules shall take effect as to first meetings subject and without prejudice to any express provisions of the Ordinance and as to Court meetings subject and without prejudice to any express directions of the Court.

R. 127.

Form 75.

7

114-(1) The Official Receiver or Liquidator shall sum- Summoning mon all meetings of creditors and contributories by giving not of meetings. less than seven days notice of the time and place thereof in the Gazette and in one or more local papers; and shall not less than seven days before the day appointed for the meeting send by post to every person appearing by the Company's books to be a

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