COMPANIES.
No. 58 of 1911.
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costs and expenses incurred in and about the preparation and making of the statement and affidavit as the Official Receiver may consider reasonable, subject to an appeal to the Court.
(5) If any person, without reasonable excuse, makes default in complying with the requirements of this section, he shall be liable to a fine not exceeding 100 dollars for every day during which the default continues.
(6) 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 reasonable times, on payment of the prescribed fee, to inspect the statement submitted in pursuance of this section, and to a copy thereof or extract therefrom. But any person untruthfully so stating himself to be a creditor or contributory shall be guilty of a contempt of court and shall be punishable accordingly on the application of the liquidator or of the Official Receiver.
Official
143.-(1) Where the Court has made a winding-up order, the Report by Official Receiver shall, as soon as practicable after receipt of the statement of the company's affairs, submit a preliminary report to the Court-
(a) as to the amount of capital issued, subscribed, and paid up, and the estimated amount of assets and liabilities; and
(b) if the company has failed, as to the causes of the failure; and
(c) whether in his opinion further inquiry is desirable 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 further 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 promotion 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.
Liquidators.
c. 69 s. 148.
ment, re-muneration,
144. (1) For the purpose of conducting the proceedings in winding up a company and performing such duties in reference thereto as the Court may impose, the Court may appoint a liquidator or liquidators,
and title of liquidators.
1
:Page 76
2150
No. 58 of 1911.
COMPANIES.
No. 58 of 1911.
2149
costs and expenses incurred in and about the preparation and making of the statement and affidavit as the Official Receiver may consider reasonable, subject to an appeal to the Court.
(5) If any person, without reasonable excuse, makes default in complying with the requirements of this section, he shall be liable to a fine not exceeding 100 dollars for every day during which the default continues.
(6) 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 reasonable times, on payment of the prescribed fee, to inspect the statement submitted in pursuance of this section, and to 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 contempt of court and shall be punishable accordingly on the application of the liquidator or of the Official Receiver.
Official
143.-(1) Where the Court has made a winding-up order, the Report by Official Receiver shall, as soon as practicable after receipt of the Receiver. statement of the company's affairs, submit a preliminary report to 8 Edw. 7 the Court-
(a) as to the amount of capital issued, subscribed, and paid up, and the estimated amount of assets and liabilities; and
(b) if the company has failed, as to the causes of the failure; and (c) whether in his opinion further inquiry is desirable as to any matter relating to the promotion, formation, or failure of the com- pany, or the conduct of the business thereof.
(2) The Official Receiver may also, if he thinks fit, make a further report, or further reports, stating the manner in which the company was formed and whether in his opinion any fraud has been com- mitted by any person in its promotion 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.
Liquidators.
c. 69 s. 148.
ment, re- muneration,
144. (1) For the purpose of conducting the proceedings in Appoint- winding up a company and performing such duties in reference thereto as the Court may impose, the Court may appoint a liquida- and title of tor or liquidators,
liquidators. ih, s. 149.
1
:Page 76
2150
No. 58 of 1911.
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