1232

Negotiable instruments.

H. K. Code, s. 78 (11).

Execution of transfer of share, etc. [ib. s. 78 (12).]

*

Duration of imprisonment for debt.

No. 3 of 1901.

CODE OF CIVIL PROCEDURE.

person except the purchaser, or receiving payment of any dividends thereon, and the manager, secretary, or other proper officer of the company or corporation from permitting any such transfer or making any such payment to any person except the purchaser.

436. Where the property sold consists of a negotiable instrument of which actual seizure has been made, the same shall be delivered to the purchaser.

437.--(1) If the execution of a transfer by any person in whose name any share in a public company or corporation is standing, or the indorsement by any person of any negotiable instrument, or the execution by any person of any deed or other instrument relating to immovable property or any interest therein, is lawfully required to give effect to any sale in execution of a judgment, the Registrar, with the sanction of the Court, may-

(a) execute such transfer; or

(b) indorse such negotiable instrument; or

(c) execute such deed or other instrument.

(2) The execution of such transfer, the indorsement of such negotiable instrument, and the execution of such deed or other instrument by the Registrar shall have the same effect as the execution and the indorsement by the person whose execution or indorsement is so required as aforesaid.

(3) Until the execution of such transfer or the indorsement of such negotiable instrument, the Court may, by order, appoint some person to receive any dividend or interest due in respect of any such share or negotiable instrument.

Execution of Judgment for Money by Imprisonment.

433. No person shall be imprisoned in execution of a judgment for a longer period than one year, or for a longer period than [ib. s. 79 (3).] 6 months if the judgment is for the payment of money not exceeding 500 dollars, or for a longer period than 3 months if the judgment is for the payment of money not exceeding 100 dollars.

Subsistence allowance to prisoner for debt.

439. When a judgment debtor is committed to prison in execution of the judgment, the Court shall fix whatever monthly allowance it may think sufficient for his subsistence, not exceeding 25 cents [ib. s. 79 (1).]

* As amended by No. 2 of 1912.

Share This Page