Companies.
Supplementary Provisions as to Winding Up.
[CAP. 32
tion for
as liquidator.
263. (1) A body corporate shall not be qualified for Disqualifica- appointment as liquidator of a company, whether in a appointment winding up by or under the supervision of the court or in a voluntary winding up, and any appointment made in contravention of this provision shall be void.
(2) Nothing in this section shall disqualify a body corporate from acting as liquidator of a company if acting under an appointment made before the commencement of this Ordinance, but subject as aforesaid any body corporate which acts as liquidator of a company shall be liable to a fine of two thousand dollars.
19 & 20 Geo. 5, c. 23, s. 278.
[264
22 of 1950, Schedule.
of duty of
to make
returns, &c.
19 & 20 Geo. 5, c. 23, s. 279.
264. (1) If any liquidator, who has made any default Enforcement in filing, delivering or making any return, account or other liquidator document, or in giving any notice which he is by law required to file, deliver, make or give, fails to make good the default within fourteen days after the service on him of a notice requiring him to do so, the court may, on an application made to the court by any contributory or creditor of the company or by the Registrar of Companies, make an order directing the liquidator to make good the default within such time as may be specified in the order.
(2) Any such order may provide that all costs of and incidental to the application shall be borne by the liquidator.
(3) Nothing in this section shall be taken to prejudice the operation of any enactment imposing penalties on a liquidator in respect of any such default as aforesaid.
[265
265. (1) Where a company is being wound up, whether by or under the supervision of the court or voluntarily, every invoice, order for goods or business letter issued by or on behalf of the company or a liquidator of the company, or a receiver or manager of the property of the company, being a document on or in which the name of the company appears, shall contain a statement that the company is being wound up.
(2) If default is made in complying with this section, the company and every director, manager, secretary or other officer of the company, and every liquidator of the company
173
Notification pany is in
that a com-
liquidation.
19 & 20 Geo. 5, c. 23, s. 280.