193704-1932-Supplementary-Bill-read-a-second-time--Companies — Page 84

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Order on

1610

(2) All moneys and securities paid or delivered into such bank in the event of a winding up by the court shall be subject in all respects to the orders of the court.

201.-(1) An order made by the court on a contributory contributory shall, subject to any right of appeal, be conclusive evidence that the money, if any, thereby appearing to be due or ordered to be paid is due.

conclusive evidence.

19 & 20 Geo. 5, c. 23,

s. 208.

Appoint. ment of special manager.

19 & 20 Geo. 5, c. 23,

s. 209.

Power to exclude creditors

not proving in time.

19 & 20 Geo. 5, c. 23,

8. 210.

Adjustment of rights of contribu

tories.

19 & 20 Geo. 5, c. 23,

3. 211.

Inspection of books

by creditors

and contri- butories.

19 & 20 Geo 5, c. 23, s. 212.

Power to

order costs of winding up to be

paid out of assets.

10 & 20 Geo. 5. c. 23, s. 213.

Power to

summon persons suspected of having property of company. 19 & 20 Geo. 5, c. 23,

*. 214.

(2) All other pertinent matters stated in the order shall be taken to be truly stated as against all persons and in all proceedings.

202.-(1) Where in proceedings the official receiver becomes the liquidator of a company, whether pro- visionally or otherwise, he may, if satisfied that the nature of the estate or business of the company, or the interests of the creditors

or contributories generally, require the appointment of & special manager of the estate or business of the company other than himself, apply to the court, and the court may on such application, appoint a special manager of the said estate or business to act during such time as the court may direct, with such powers, including any of the powers of a receiver or manager, as may be entrusted to him by the court.

(2) The special manager shall give such security and account in such manner as the court may direct.

(3) The special manager shall receive such re- muneration as may be fixed by the court.

203. The court may fix a time or times within which creditors are to prove their debts or claims, or to be excluded from the benefit of any distribution made before those debts are proved.

204. The court shall adjust the rights of the contributories among themselves, and distribute any surplus among the persons entitled thereto.

205. The court may, at any time after making a winding-up order, make such order for inspection of the books and papers of the company by creditors and contributories as the court thinks just, and any books and papers in the possession of the company may be inspected by creditors or contributories accordingly, but not further or otherwise.

206. The court may, in the event of the assets being insufficient to satisfy the liabilities, make an order as to the payment out of the assets of the costs, charges, and expenses incurred in the winding up in such order of priority as the court thinks just.

207.-(1) The court may, at any time after the appointment of a provisional liquidator or the making of a winding-up order, summon before it any officer of the company or person known or suspected to have in his possession any property of the company or supposed to be indebted to the company, or any person whom the court deems capable of giving information concerning the promotion, formation, trade, dealings, affairs, or property of the company.

(2) The court may examine him on oath concerning the matters aforesaid, either by word of mouth or on written interrogatories, and may reduce his answers to writing and require him to sign them.

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