with
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861
(c) whether in his opiniou further inquiry is desir- able as to any matter relating to the promotion, formation, or failure of the company, or the conduct of the business thereof.
(2) The official receiver may also, if he thinks fit, make a further report, or farther reports, stating the manner in which the company was formed and whether in his opinion any fraud has been committed by any person in its promo- tion or formation, or by any director or officer of the company in relation to the company since the formation thereof, and any other matters which in his opinion it is desirable to bring to the notice of the court.
144.
Liquidators.
For the purpose of conducting the proceed- Appoint- ings in winding up a company and performing such duties ment, re-
muneration, in reference thereto as the court may impose, the court may and title of appoint a liquidator or liquidators,
(2) The court may make such an appointment provi- sionally at way time after the presentation of a petition and before the making of an order for winding up.
(3)--() If a provisional liquidator is appointed before the making of a winding-up erder, the official re- ceiver or any other fit person may be appointed: (5) On a winding-up order being made the official receiver shall by virtue of his office become the provisional liquidator and shall contine to act as spel until he or another person becomes liquidator and is capable of acting as such : (e) When a person other than the official rereiver is appointed liquidator he shall not be capable of acting as liquidator until he has notified his «ppointment to the registrar of companies and given security to the satisfaction of the official receiver.
(4) If a e than one liquidator is appointed by the court, the cut shall declare whether any act by this Ordinner required or authorised to be done by the liquidator is to be due by all or any one or more of the persons appointed.
(5) A Bigt "dator appointed by the court may resign or, on cause shown, be removed by the court.
(6) A voz mey in the office of a liquidator appointed by the court had be fil'el by the court and the official receiver shall by virtue of his office be the liquidator during the vacancy.
(7) Whore a person other than the official receiver is appointed liquidator, be shall receive such salary or remu- neration by way of percentage or otherwise as the court may dirt and, if more such persons than one are appointed 'iquidators, their remuneration shall be distributed among the n in sneh proportions as the court directs.
liquidators.
8 Edw. 7 e.
69 8. 149.
(8) A Equilator shall be described, where a person other / than the ficial recriver is liquidator, by the style of the liquidator. 991, where the official reecivor is liquidator, by the style of the official receiver and liquidator, of the particular company in respect of which he is appointed,. and not by individual name.
(9) The nets of a liquidator shall be valid notwithstand- ing any defcers that may afterwards be discovered in his appointment or qualification.
145. In a winding up by the court the liquidator Custody of shall take into his custody, or under his control, all the company's
property. property and things in action to which the company is or Ib. s. 150. appears to be entitled.
146(1) The liquidator in a winding up by the court Powers of shall hav: power, [will] the sanction e`ther of the court or liquidator. of the committee of inspection--
(a) to bring or defend any action or other legal proceeding in the name and on behalf of the
Ib. s. 151.
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