1192
THE HONG KONG GOVERNMENT GAZETTE, DECEMBER 31, 1936.
Resignation of Liquidator. R. 165.
Office of Liquidator vacated by
(3) It shall be the duty of the Official Receiver, if so requested by the Liquidator, to communicate to the Liquidator all such information respecting the estate and affairs of the Company as may be necessary or conducive to the due dis- charge of the duties of the Liquidator.
(4) This and the next following Rule shall apply only in a winding-up by the Court.
154. A Liquidator who desires to resign his office shall summon separate meetings of the creditors and contributories of the Company to decide whether or not the resignation shall be accepted. If the creditors and contributories by ordinary resolutions both agree to accept the resignation of the Liquida- tor, he shall file with the Registrar a memorandum of his re- signation, and shall send notice thereof to the Official Receiver, and the resignation shall thereupon take effect. In any other case the Liquidator shall report to the Court the result of the meetings and shall send a report to the Official Receiver and thereupon the Court may, upon the application of the Liquida- tor or the Official Receiver, determine whether or not the resignation of the Liquidator shall be accepted, and may give such directions and make such orders as in the opinion of the Court shall be necessary.
155. If a Receiving Order in Bankruptcy is made against the Liquidator, he shall thereby vacate his office, and for the his insolvency purposes of the application of the Ordinance and Rules shall be
deemed to have been removed.
R. 166.
Payments out of Bank.
R. 167.
Special Bank account.
R. 168.
Forms 82 and 83.
Record of
R. 169.
Payments Into and Out of a Bank.
156. All payments out of the Companies Liquidation Account shall be made in such manner as the Colonial Treasurer may from time to time direct.
157.-(1) Where the Liquidator in a winding-up by the Court is authorised to have a special bank account, he shall forthwith pay all moneys received by him into that account to the credit of the Liquidator of the Company.
All payments out shall be made by cheque payable to order, and every che- que
shall have marked or written on the face of it the name of the Company, and shall be signed by the Liquidator, and shall be countersigned by at least one member of the Committee of Inspection, and by such other person, if any, as the Committee of Inspection may appoint.
(2) Where application is made to the Official Receiver to authorise the Liquidator in a winding-up by the Court to make his payments into and out of a special bank account, the Official Receiver may grant such authorisation for such time and on such terms as he may think fit, and may at any time order the account to be closed if he is of opinion that the account is no longer required for the purposes mentioned in the application.
Books.
158. In a winding-up by the Court the Official Receiver, Proceedings. until a Liquidator is appointed by the Court, and thereafter the Liquidator, shall keep a record in which he shall record all minutes, all proceedings had and resolutions passed at any meeting of creditors or contributories, or of the Committee of Inspection, and all such matters as may be necessary to