G (1) 2
Fees.
5. The fees received for Official Receiver's commission and possession fees amounted to $29,362.40, showing an increase of $5,163.06 over the previous year notwithstanding that a fewer number of petitions in bankruptcy were filed. This increase is accounted for by the fact that in 1934 the assets distributed in dividends in thirty-one cases exceeded the assets distributed in dividends in only nineteen cases in 1933.
Discharges.
6. Three discharges were granted during the year, one subject to suspension for three months, one to suspension for one month and one conditional on consent to judgment against the applicant being entered by the Official Receiver. No applications for discharge were refused.
Rules.
7. Two amendments to the Bankruptcy Rules, 1982, were made by the Chief Justice and approved of by the Legislative Council and published in the Government Gazette under G.N. Nos. 493 and 698.
General.
8. At the end of the year under review there remained twenty-two cases in bankruptcy ripe for payment of a final dividend, being fifteen cases in which petitions were presented prior to 1934 and seven in 1934. In addition there were twenty-two cases in which debtors should have applied for their discharge and thirty-three cases in which trustees should have applied for their release. An effort will be made during 1935 to wipe out, or at least to make a substantial reduction in these arrears.
9. In fourteen bankruptcy cases salaried employees pay instalments and it is customary to pay dividends on account as soon as there are assets sufficient to pay ten per cent.
COMPANIES LIQUIDATION. BANKRUPTCY. 1934 9 5 1933 4 3 23 19 4 18 9 16 1 5 LO 4 41 28 13 25 17 30 1 6 7G (1) 2
Fees.
5. The fees received for Official Receiver's commission and possession fees amounted to $29,362.40, showing an increase of $5,163.06 over the previous year notwithstanding that a fewer number of petitions in bankruptcy were filed. This increase is accounted for by the fact that in 1934 the assets distributed in dividends in thrity one cases exceeded the assets distributed in dividends in only nineteen cases in 1933.
Discharges.
6. Three discharges were granted during the year, one subject to suspension for three months, one to suspension for one month and one conditional on consent to judgment against the applicant being entered by the Official Receiver. No applications for discharge were refused.
Rules.
7. Two amendments to the Bankruptcy Rules, 1982, were made by the Chief Justice and approved of by the Legislative Council and published in the Government Gazette under G.N. Nos. 493 and 698.
General.
8. At the end of the year under review there remained twenty two cases in bankruptcy ripe for payment of a final dividend, being fifteen cases in which petitions were presented prior to 1934 and seven in 1934. In addition there were twenty two cases in which debtors should have applied for their discharge and thirty three cases in which trustees should have applied for their release. An effort will be made during 1935 to wipe out, or at least to make a substantial reduction in these
arrears.
•
9. In fourteen bankruptcy cases salaried employees pay instalments and it is customary to pay dividends on account as soon as there are assets sufficient to pay ten per cent.
COMPANIES
LIQUIDATION.
BANKRUPTCY.
1934 9 5
من
1933 4 3
市北
23 19
4 18
9 16
1
5
LO
4
41 28
13
25 17
30
1
6
7
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