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local liquidation in which the local creditors are given a preference they should be debarred from proving in any other liquidation of the same company and that it should not, as is apparently contemplated, be left to the Local Court to decide what is to be done with any surplus. This shoul d be handed as of right over to the Liquidator of the Company appointed in the country of origin of the Company or, if there is no other liquidation, be refunded to the Company or distributed among all its other creditors pari passu. The debarring of such Dominion or foreign creditors from, say, an English liquidation would, I think, necessitate some amendment to the English Companies Act.
(Sgd.) E. A. Phillips.
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