22
(A 22 )
SPECIFICATION OF TAXES, DUTIES, &c.
FEES IN WINDING-UP,—Continued,
19,—On every order of the Court approving such reconstruction or scheme, a fee arcording to the following scale on the estimated value of the company's property transferred or otherwise disposed of, viz.:—
On the first $100,000 or fraction thereof,
On the next 8900,000 or fraction thereof.................... Above $1,000,000,
per cent.
H
..1 10 *
20.- For taxution of costs.—The same fees as those directed to be paid and collected by the Order for the time being in force as to fees in the Original Jurisdiction of the Supreme Court.
TABLE B.
1. On the andit of the Official Receiver's or liquidator's accounts a l'ee according to the following scale on the amount brought to credit, inelud- ing the produce of calls on contributories, but after dedueting (1) money received and spent in carrying on the business of the courpany, and (2) amounts paid by the Official Receiver or liquidator to secured creditors (other than debenture holders) :-
On the first Š On the next
On the next
On the next Above
་་
-
50,000 or fraction thereof 950,000 4,000,000 M 5.000,000 10,000,000
"
"
per cent.
H
18
16
13
11. Where the Oficial Reeviver nets us provisional liquidator only
(a.) Where no winding-up order is made upon the petition or where a winding-up order is rescinded or all further proceedings are stayed prior to the summoning of the statutory meetings of ereditors and contributories :-
Sneh amount as the Court may consider reasonable to be paid by the petitioner or by the company as the Court may direct in respect of the services of the Official Receiver as provisional liquidator,
(b.) Where a winding-up order is made, but the Official Receiver is not continued as liquidator after the statutory meetings of ereditors and contributories :—
(1.) In respect of every 10 members, creditors, and debtors, and every fraction of 10 up to 1,000,
For every 10 or fraction of 10 above 1,000,
Provided that where the net assets of the company including uncalled capital are estimated in the statement of affairs not to excred $5,000 three-fifths of the above fee only shall be charged.
(This fee to include east of official stationery, printing, books, forms, and postage within Hongkong and to places in the British Dominions.)
(2.) On the value of the company's property as estimated in the state- ment of affairs after deducting (in cases where a person other than the Official Receiver has, prior to the making of a winding-up order, been appointed receiver for debenture holders) the amount due to debenture holders :-
Ou the first On the next
On the next Ahove
*
$50,000 or fraction thereof, 200,000 750,000 1,000,000
་་
5+
19
++
1
per cent.
"
•
111.—Where the Official Receiver acts as liquidator of the Company (includ-
ing his services as provisional liquidator) :—
(1.) In respect of every 10 members, creditors, and debtors, and every fraction of 10,
Provided that where the net assets of the company, including uncalled capital, do not exceed $5.000 three-fifths of the above fee only shall be charged.
(This fee to include cost of official stationery, printing, books, forms, and postage within Hongkong and to places in the British Dominions.)
(2.) Upon the total assets, including produce of calls on contributories, roalised or brought to credit by the Official Receiver, after delueting sums on which fees are chargeable under No. IV of this Table, and not being moneys received and spent in carrying on the business of the Company :—
On the first $ 10,000 or fraction thereof,.
On the next 15,000 43
"1
On the noxt 25,000
"2
*
On the next 50,000 On the next 900,000 Ahovu
#1
+
"
*
1,000,000
99
..5 per cent.
"7
3
+9
"
"
10.00
Act of Colonial Legislature or other Authority under which levied.
$5.00
Government Notification
2.50
No. 124 of 1912.