189220-1932-Rules-made-by-the-Chief-Justice-under-section-114-of-the-Bankruptcy-Ordinance-1931 — Page 31

826

THE HONG KONG GOVERNMENT GAZETTE, NOVEMBER 18, 1932.

Meetings of creditors to consider conduct of trustee.

R350.

Remunera- tion of special manager.

R351.

Accounts.

R352.

Form 151.

Standing security to Registrar.

R353.

Gazetting notices.

R354.

Re-gazetting.

R355.

given

by

been

the Official Receiver for the benefit of the estate; and the trustee shall pay all fees, costs, and charges of the Official Receiver which may not have been discharged by the trusted before being put into possession of the property of the bank- rupt, and whether incurred before or after he has been put into such possession.

(2) The Official Receiver shall be deemed to have a lien upon the estate until such balance shall have been paid, and such guarantees and other liabilities shall have been discharged.

(3) It shall be the duty of the Official Receiver, if so requested by the trustee, to communicate to the trustee all such information respecting the bankrupt and his estate and affairs as may be necessary or conducive to the due discharge of the duties of the trustee.

180. Where the Official Receiver is of opinion that any act done by a trustee or any resolution passed by a committee of inspection should be brought to the notice of the creditors, for the purpose of being re- viewed or otherwise, the Official Receiver may sum- mon a meeting of creditors accordingly to consider the same. and the expense of summoning such meeting shall be paid by the trustee out of any avail- able assets under his control.

Special Manager.

181. Where a special manager is appointed, he shall be paid such remuneration as is provided by the scale of allowances contained in Table C of Part III of the Appendix.

182. Every special manager shall account to the Official Receiver, and such special manager's accounts shall be verified by affidavit in the prescribed form, and, when approved by the Official Receiver, the totals of the receipts and payments shall be added to the Official Receiver's accounts.

Security by Trustee or Special Manager,

183. In the case of a trustee or special manager the following rules as to security shall be observed, namely:

(1) The security shall be given to the Registrar. (2) It shall not be necessary that security shall be given in each separate matter; but security may be given either specially in a particular matter or generally to be available for any matter in which the person giving security may be appointed either as trustee or special

manager,

(3) The Official Receiver shall fix the amount and nature of such security, and may from time to time, as he thinks fit, either increase or diminish the amount of special or general security which any person has given.

Gazetting.

184. All notices requiring publication in the azette shall be gazetted by the Official Receiver or trustee as the case may be.

185. Where any receiving order is amended, and also in any case in which any matter which has been gazetted has been amended or altered, or in which a matter has been wrongly or inaccurately gazetted, the Official Receiver or trustee shall re-gazette such order or matter with the necessary amendments and alterations in the prescribed form, at the expense of the estate.

一嗨