189220-1932-Rules-made-by-the-Chief-Justice-under-section-114-of-the-Bankruptcy-Ordinance-1931 — Page 32

THE HONG KONG GOVERNMENT GAZETTE, NOVEMBER 18, 1932.

of order

186. Where an order (other than an order Gazetting annulling an adjudication or rescinding a receiving annulment order) which has been gazetted is annulled, revoked, already or rescinded, notice of the order of annulment, gazetted. revocation, or rescission shall be published in the R356. Gazette. When the order is annulled, revoked, or rescinded on the application of the Official Receiver or of the trustee the fee for gazetting shall be paid out of the estate, but in any other case such fee shall be paid by the party making the application.

Accounts and Audit.

187. The Official Receiver, until a trustee is ap- Record pointed, and thereafter the trustee, shall keep a of minutes, record of all minutes, all proceedings had, and etc. resolutions passed at any meeting of creditors, R360. or of the committee of inspection, and all such matters as may be necessary to give a correct view of his administration of the estate, but he shall not be bound to insert in the record any document of a confidential nature (such as the opinion of counsel on any matter affecting the interest of the creditors), nor need he exhibit such document to any person other than a member of the committee of inspection.

188. The Official Receiver, until a trustee is ap- Cash book. pointed, and thereafter the trustee, shall keep a book R361. to be called the "Cash Book" in which he shall (subject to the provisions of these rules as to trading accounts) enter the receipts and payments made by him.

189. The trustee shall submit the said record and Books to be cash book, together with any other requisite books submitted to and vouchers, to the committee of inspection (if any) when required, and not less than once every three R362.

months.

committee of inspection.

190. The committee of inspection shall not less audit of than once every three months audit the cash book cash book. and certify therein under their hands the day on R363. which the said book was audited.

Form 145.

accounts.

191.-(1) Every trustee shall, at the expiration of Official six months from the date of the receiving order, and Receiver's at the expiration of every succeeding six months audit thereafter until his release, transmit to the Official of trustee's Receiver a copy of the cash book in duplicate for R364. such period, together with the necessary vouchers and copies of the certificates of audit by the committee of inspection. He shall also forward with the first accounts a summary of the debtor's statement of affairs, showing thereon in red ink the amounts realised, and explaining the cause of the non-realisa- tion of such assets as may be unrealised.

(2) When the estate has been fully realised and distributed, or, if the adjudication is annulled, the trustee shall forthwith send in his accounts to the Official Receiver although the six months may not have expired.

(3) The accounts sent in by the trustee shall be Form 146. certified and verified by him.

192. When the trustee's account has been audited, Accounts to. the Official Receiver shall certify that the account be filed. has been duly passed, and shall file the same with R365. the proceedings in the bankruptcy.

193. Where a trustee has not since the date of his Affidavit of appointment or since the last audit of his accounts, no receipts. as the case may be, received or paid any sum of R366. money on account of the debtor's estate, he shall, at the period when he is required to transmit his estate account to the Official Receiver, forward to the Official Receiver an affidavit of no receipts or pay- ments.

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