23164-1911-Supplementary-Bill-re-published--Companies — Page 68

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(3) In the case of contributories, regard shall be had to the number of votes conferred on each contributory by the articles.

210. Where any company is being wound up, all books Books of and papers of the company and of the liquidators shall, as company to between the contributories of the company, be primâ fucie be evidence. evidence of the truth of all matters purporting to be therein recorded.

8 Edw. 7 c. 69 s. 220.

fb. s. 221.

211. After an order for a winding up by or subject to the Inspection supervision of the court, the court may make such order for of books. inspection by creditors and contributories of the company of its books and papers 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.

Disposal of

212.-(1) When a company has been wound up and is about to be dissolved, the books and papors of the company books and and of the liquidators may be disposed of as follows (that is to say):-

(a) In the case of a winding up by or subject to the supervision of the court in such way as the court directs;

(b) In the case of a voluntary winding up in such way as the company by extraordinary resolu- tion directs.

(2) After five years from the dissolution of the company no responsibility shall rest on the company, or the liquidators, or any person to whom the custody of the books and papers has been committed, by reason of the same not being forthcoming to any person claiming to be interested therein.

papers of

company. Ib... 222.

solution of company

213-(1) Where a company has been dissolved, the Power of court may at any time within two years of the date of the court to dissolution, on an application being made for the purpose declare dis- by the liquidator of the company or by any

other person who appears to the court to be interested, make an order, void. upon such terms us the court thinks fit, declaring the 7. 8. 223. dissolution to have been void, and thereupon such proceed- ings may be taken as might have been taken if the company had not been dissolved.

(2) It shall be the duty of the person on whose appli- cation the order was made, within seven days after the making of the order, to file with the registrar of companies an office copy of the order, and if that person fails so to do he shall be liable to a fine not exceeding fifty dollars for every day during which the default continues.

214.-(1) Where a company is being wound up, if the Information winding up is not concluded within one year after his com- as to pend- meurement, the liquidator shall, at such intervals as may ing liquida- be prescribed, until the winding up is concluded, soud to the registrar of companies a statement in the prescribed form and containing the prescribed particulars with respect to the proceedings in and position of the liquidation,

(2) Any person stating himself in writing to be a creditor or contributory of the company shall be entitled, by himself or by his agent, at all rea--mable times, on payment of the prescribed fee, to inspect the statement, and to receive a copy thereof or extract therefrom; but any person untruth- fully so stating himself to be a creditor or contributory shall be guilty of a emitempt of court, and shall be punish- able accordingly on the application of the liquidator or of the official receivor.

(3) If a liquidator fails to comply with the requirements of this section he shall be liable to a fine not exceeding five hundred dollars for each day during which the default continues.

(4) If it appears from any such statement or otherwise that a liquidator has in his hands or under bis control any money representing unclaimed or undistributed assers of the company which have remained unclained or undistributed for six months after the date of their receipt, the liquidator shall forthwith pay the same to the Companies Liquida- tion Account at the bank, and shall be entitled to the prescribed certificate of receipt for the money so paid, and that certificate shall be an effectual discharge to him in respect thereof.

tions. 1b. s. 224.