193704-1932-Supplementary-Bill-read-a-second-time--Companies — Page 112

Notification

or manager

1638

285.--(1) Whore а receiver or manager of the that receiver property of a company has been appointed, every invoice, order for goods or business letter issued by or on behalf of the company or the receiver or manager or the liquidator of the company, being a document on or in which the name of the company appears, shall contain a statement that a receiver or manager has been appointed.

appointed. 19 & 20 Geo. 5, c. 23, s. 308.

Power of court to fix

remunera-

tion on ap- plication of liquidator. 19 & 20 Geo. 5, c. 23, s. 309.

Delivery to

registrar of accounts of receivers and

managers.

5, c. 23,

8. 310.

(2) If default is made in complying with the requirements of this section, the company and every director, manager, secretary or other officer of the company, and every liquidator of the company, and every receiver or manager, who knowingly and wilfully authorises or permits the default, shall be liable to a fine of two hundred dollars.

286. The court may, on an application made to the court by the liquidator of a company, by order fix the amount to be paid by way of remuneration to any person who, under the powers contained in any instru- ment, has been appointed as receiver or manager of the property of the company, and may from time to time, on an application made either by the liquidator or by the receiver or manager, vary or amend any order so made.

287.-(1) Every receiver or manager of the pro- perty of a company who has been appointed under the powers contained in any instrument shall, within one month, or such longer period as the registrar of companies may allow, after the expiration of the 19 & 20 Geo. period of six months from the date of his appoint- ment and of every subsequent period of six months, and within one month after he ceases to act as receiver or manager, deliver to the registrar of com- panies for registration an abstract in the prescribed form showing his receipts and his payments during that period of six months, or, where he ceases to act as aforesaid, during the period from the end of the period to which the last preceding abstrac related up to the date of his so ceasing, and the aggregate amount of his receipts and of his payments during all preceding periods since his appointment.

Enforce ment of

duty of

receiver to make

returns, &c 19 & 20 Geo. 5, c. 23,

*. 311

(2) Every receiver or manager who makes default in complying with the provisions of this section shall be liable to a fine not exceeding fifty dollars for every day during which the default continues.

288.—(1) If

(a) any receiver of the property of a company. who has made default in filing, delivering or making any return, account or other document or in giving any notice, which a receiver is by law required to file, deliver, make or give, fails to make good the default within fourteca days after the service on him of a notice requiring him to do so; or

(b) any receiver or manager of the property of a company who has been appointed under the powers contained in any instrument, has, after being required at any time by the liquidator of the company so to do, failed to render proper accounts of his receipts and payments and to pay over to the liquidator the amount properly payable to him:

the court may, on an application made for the pur- pose, make an order directing the receiver or manager, as the case may be, to make good the default within such time as may be specified in the order.

(2) In the case of any such default as is mentioned in paragraph (a) of the last preceding subsection an application for the purposes of this section may be