CO537-(1262-1649) — Page 337

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THE NATIONAL ARCHIVES

T

2

Ins

Ref.:

CO 537/1374

2

1

J

INWARD

TELEGRAM

10119

Cypher (O.T.P.)

IMMEDIATE

CCF.

SISTRATION

FROM HONG KONG (31r M. Young)

TO V. OF S., COLONIES.

D. 25th Ware, Mhe. R. 25th

No. 119 secret.

9

П

07.00 hrs

2

RECEIV

15468/17/46

Your telegram No. 327.

Debtor-Creditor Relationships.

Reply in regard to (e) will be telsgraphed

vely shortly,

Replies on other points es follows

(b) All payments to liquidator would be invalid. Those by liquidater woulé be prima fheie valid as they were accopină voluntarily in vust majority of cases. Thoy could, however, be chall oryzed like other classea of payinente on the grounds of duress, Express ratification of each trencretion would hardly bo possible as liqullator made payments to nearly 827 depceitory and holders of current accounts.

(a) Mot regarded La possible to construet satisfactory scale,

Copies sunt 60:-

Fr. 388!!*y*

Beat of Fog

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Hr. J. Pahor,

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