Appendix G (1).
REPORT OF THE OFFICIAL RECEIVER AND REGISTRAR
OF TRADE MARKS AND LETTERS PATENT
FOR THE YEAR 1931.
BANKRUPTCY.
New Business,
1. Twenty-two petitions were presented during the year. The assets collected amounted to over $877,000.00. The estimated liabilities exceeded $2,000,000.00.
Fees.
2. The fees received for the Official Receiver's commission amounted to $24,106.34. This total is in excess of any previous annual total, the nearest approach to it being in the year 1928, when the fees amounted to $20,080.40. The result is largely accounted for by the fact that two of the companies which were wound up compulsorily during the year had considerable assets for realisation and distribution, and one bankruptcy involved an exceptionally large amount.
Discharges.
3. Seven discharges were granted during the year. Three of these were unconditional, and the remainder subject either to the debtor consenting to judgment for a part of his unpaid liabilities, or agreeing to make further payments for the benefit of his creditors out of his after-acquired property. No applications for discharge were refused,
Bankruptcy Ordinance.
4. A new Bankruptcy Ordinance, No. 10 of 1931, was passed during the year, and came into force on the 1st of January, 1932.
Companies Winding-Up.
5. Two compulsory winding-up orders were made during the year, and an order for voluntary winding up under supervision was made in one case in which a compulsory order had been applied for.
Appendix G (1).
REPORT OF THE OFFICIAL RECEIVER AND REGISTRAR
OF TRADE MARKS AND LETTERS PATENT
FOR THE YEAR 1931.
BANKRUPTCY.
New Business,
1. Twenty-two petitions were presented during the year. The assets collected amounted to over $877,000.00. The estimated liabilities exceeded $2,000,000.00.
Fees.
2. The fees received for the Official Receiver's commission amounted to $24,106.34. This total is in excess of any previous annual total, the nearest approach to it being in the year 1928, when the fees amounted to $20,080.40. The result is largely accounted for by the fact that two of the companies which were wound up compulsorily during the year had considerable assets for realisation and distribution, and one bankruptcy involved an exceptionally large amount.
Discharges.
3. Seven discharges were granted during the year. Three of these were unconditional, and the remainder subject either to the debtor consenting to judgment for a part
part of his unpaid. liabilities, or agreeing to make further payments for the benefit of his creditors out of his after-acquired property. No applications for discharge were refused,
Bankruptcy Ordinance.
4. A new bankruptcy Ordinance, No. 10 of 1931, was passed during the year, and came into force on the 1st of January, 1932
Companies Winding-Up.
5. Two compulsory winding-up orders were made during the year, and an order for voluntary winding up under supervision was made in one case in which a compulsory order had been applied for.
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