ORDINANCE No. 1 of 1865.
Companies, &c. (Part IV. Winding-up.)
709
109. (108.) Any order so made shall be reported by the Official Registrar to the Registrar who shall make a minute accordingly in his books of the dissolution of such company.
110. (109.) If the Official Liquidator makes default in reporting to the Registrar, in the case of a company being wound up by the Court, the order that the company be dissolved, he shall be liable to a penalty not exceeding fifty dollars for every day during which he is so in default.
111. (110.) Any petition for winding-up a company by the Court under this Ordinance shall constitute a lis pendens within the terms of Ordinance No. 10 of 1856, provided that the memorial be signed by the petitioners and contained their names and additions and the name of the company whose estate is intended to be affected thereby and the day when the said petition was filed, and the sum of money, if any, in controversy and so that the said memorial be verified in other respects as by Ordinance No. 3 of 1844 is in the case of judgments provided.
Extraordinary Powers of Court.
112. (111.) The Court may, after it has made an order for winding-up the company, summon before it any officer of the company or person known or suspected to have in his possession any of the estate or effects of the company, or supposed to be indebted to the company, or any person whom the Court may deem capable of giving information concerning the trade, dealings, estate, or effects of the company; and the Court may require any such officer or person to produce any books, papers, deeds, writings, or other documents in his custody or power relating to the company; and if any person so summoned, after being tendered a reasonable sum for his expenses refuses to come before the Court at the time appointed, having no lawful impediment (made known to the Court at the time of its sitting, and allowed by it), the Court may cause such person to be apprehended, and brought before the Court for examination; nevertheless, in cases where any person claims any lien on papers, deeds, or writings or documents produced by him, such production shall be without prejudice to such lien, and the Court shall have jurisdiction in the winding-up to determine all questions relating to such lien.
113. (112.) The Court may examine upon oath, either by word of mouth or upon written interrogatories, any person appearing or brought before it, concerning the affairs of the company.
make minute of dissolution of company.
Penalty on Official Liquidator for not reporting dissolution of company.
Petition to be lis pendens.
Power of Court to summon persons before it suspected of having property of company.
Examination of parties by Court.
ORDINANCE No. 1 of 1865.
Companies, &c. (Part IV. Winding-up.)
709
109. (108.) Any order so made shall be reported by the Official Registrar to Liquidator to the Registrar who shall make a minute accordingly in his books of the dissolution of such company.
110. (109.) If the Official Liquidator makes default in reporting to the Registrar, in the case of a company being wound up by the Court, the order that the company be dissolved, he shall be liable to a penalty not exceeding fifty dollars for every day during which he is so in default.
111. (110.) Any petition for winding-up a company by the Court under this Ordinance shall constitute a lis pendens within the terms of Ordinance No. 10 of 1856, provided that the memorial be signed by the petitioners and contained their names and additions and the name of the company whose estate is intended to be affected thereby and the day when the said petition was filed, and the sum of money, if any, in con- troversy and so that the said memorial be verified in other respects as by Ordinance No. 3 of 1844 is in the case of judgments provided.
Extraordinary Powers of Court.
112. (111.) The Court may, after it has made an order for wind- ing-up the company, summon before it any officer of the company or person known or suspected to have in his possession any of the estate or effects of the company, or supposed to be indebted to the company, or any person whom the Court may deem capable of giving information concerning the trade, dealings, estate, or effects of the company; and the Court may require any such officer or person to produce any books, papers, deeds, writings, or other documents in his custody or power relating to the company; and if any person so summoned, after being tendered a reasonable sum for his expenses refuses to come before the Court at the time appointed, having no lawful impediment (made known to the Court at the time of its sitting, and allowed by it), the Court may cause such person to be apprehended, and brought before the Court for examination; nevertheless, in cases where any person claims any
lien on papers, deeds, or writings or documents produced by him, such produc- tion shall be without prejudice to such lien, and the Court shall have jurisdiction in the winding-up to determine all questions relating to such lien.
113. (112.) The Court may examine upon oath, either by word of mouth or upon written interrogatories, any person appearing or
make minuto of dissolution of company.
Penalty on dissolution of
not reporting
company.
Petition to be lis pendens.
Power of Court to sum-
mon persons before it suspected of having pro- perty of com- pany.
Examination of parties by Court.
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