(6)
Where a person is adjudged bankrupt and has directly or
indirectly made a gift caught by this Ordinance
(a) a court shall not make an order under
wing
(b)
(i)
section 31, 47 or 49 of the Bankruptcy Ordinance
(Cap. 6); or
(ii) section 60 of the Conveyancing and Property
Ordinance (Cap. 219),
in respect of the making of the gift at any time when
proceedings for a drug trafficking offence have been
instituted against him and have not been concluded or when
property of the person to whom the gift was made is subject
to a restraint order or charging order; and
any order made under any of those sections after the
conclusion of the proceedings shall take into account any
realisation under this Ordinance of property held by the
person to whom the gift was made.
Winding up of company holding realisable property
17. (1) Where realisable property is held by a company and an
order for the winding up of the company has been made or a resolution
has been passed by the company for voluntary winding up, the
functions of the liquidator (or any provisional liquidator) shall not
be exercisable in relation to
No comments yet.
Private notes are available after approval.