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THE HONGKONG GOVERNMENT GAZETTE, FEBRUARY 14, 1913.
No. of Company
No. 88. (Rules 177 and 178.)
[Re
This is the Exhibit marked B referred
of
this
to in the affidavit
; sworn before me day of
19
A Commisssoner for Oaths.]
STATEMENT OF RECEIPTS AND PAYMENTS AND GENERAL
DIRECTIONS AS TO STATEMENTS.
(Name of Company.)
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(1.) Every statement must be on sheets 13 inches by 16 inches.
Size of sheets.
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by
(2.) Every statement must contain a detailed account of all the Form and liquidator's realizations and disbursements in respect of the company. contents of The statement of realizations should contain a record of all receipts Statement. derived from assets existing at the date of the winding-up order or resolution and subsequently realized, including balance in bank, book debts and calls collected, property sold, &c.; and the account of disbursements should contain all payments for costs and charges, or to creditors, or contributories. Where property has been realized, the gross proceeds of sale must be entered under realizations, and the necessary payments incidental to sales must be entered as dis- bursements. These accounts should not contain payments into the companies liquidation account (except unclaimed dividends--see par. 5) or payments into or out of bank, or temporary investments by the liquidator, or the proceeds of such investments when realised, which should be shown separately:-
(a.) by means of the bank
pass book:
(b) by a separate detailed statement of moneys invested
by the liquidator, and investments realized.
Interest allowed or charged by the bank, bank commission, &c., and profit or loss upon the realization of temporary investments, should, however, be inserted in the accounts of realizations or dis- bursements, as the case may be. Each receipt and payment must be entered in the account in such a manner as sufficiently to explain its nature. The receipts and payments must severally be added up at the foot of each sheet, and the totals carried forward from one account to another without any intermediate balaner, so that the gross totals shall represent the total amounts received and paid by the liquidator respectively.
(3.) When the liquidator carries on a business, a trading account Trading must be forwarded as a distinct account, and the totals of receipts Account. and payments on the trading account must alone be set out in the statement.
(4.) When dividends or instalments of compositions are paid to Dividends, creditors, or a return of surplus assets is made to contributories, the &c. total amount of each dividend, or instalment of composition, or return to contributories, actually paid, must be entered in the state- ment of disbursements as one sum; and the liquidator must forward separate accounts showing in lists the amount of the claim of each creditor, and the amount of dividend or composition payable to each creditor, and of surplus assets payable to each contributory, dis- tinguishing in each list the dividends or instalments of composition and shares of surplus assets actually paid and those remaining unclaimed. Each list must be on sheets 13 inches by 8 inches.
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(5.) When unclaimed dividends, instalments of compositions or returns of surplus assets are paid into the companies liquidation account, the total amount so paid in should be entered in the state- ment of disbursements as one sum.
(6.) Credit should not be taken in the statement of disbursements for any amount in respect of liquidator's remuneration unless it has been duly allowed by resolution of the company in general meeting, or by order of court.
LIQUIDATOR'S STATEMENT OF ACCOUNT.
Pursuant to Section 214 of the Companies Ordinance, 1911. Name of Company
Nature of proceedings (whether wound up
by the court, or under the supervision
of the court, or voluntarily).
Date of commencement of winding-up Date to which statement is brought down Name and address of liquidator
This statement is required in duplicate.
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