COMPANIES.
No. 58 of 1911.
2115
(3) Every liquidator who fails to comply with the requirements of this section 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 his control any money representing unclaimed or undistributed assets of the company which have remained unclaimed or undistributed for six months after the date of their receipt, the liquidator shall forthwith pay the same to the Companies Liquidation Account, 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.
(5) For the purpose of ascertaining and getting in any money payable in pursuance of this section, the like powers may be exercised, and by the like authority, as are exercisable under section 80 of the Bankruptcy Ordinance, 1891, Ordinance No. 7 of 1891.
(6) Any person claiming to be entitled to any money paid in pursuance of this section may apply to the Official Receiver for payment of the same, and the Official Receiver may, on a certificate by the liquidator that the person claiming is entitled, make an order for the payment to that person of the sum due.
(7) Any person dissatisfied with the decision of the Official Receiver in respect of any claim made in pursuance of this section may appeal to the court.
c. 69. s. 225.
215. In all proceedings under this Part, all courts, judges, and persons judicially acting, and all officers, judicial or ministerial, of any court, or employed in enforcing the process of any court, shall take judicial notice of the signature of any officer of the court, and also of the official seal or stamp of the several offices of the court, appended to or impressed on any document made, issued, or signed under the provisions of this Part, or any official copy thereof.
* As amended by Law Rev. Ord., 1924.
Page 115
Page 116
COMPANIES.
No. 58 of 1911.
2115
(3) Every liquidator who fails to comply with the re- quirements of this section 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 his control any money representing unclaimed or undistributed assets of the company which have remained unclaimed or undis- tributed for six months after the date of their receipt, the liquidator shall forthwith pay the same to the Companies Liquidation Account, and shall be entitled to the prescribed certificate of receipt for the money so paid, and that certif- icate shall be an effectual discharge to him in respect there- of.
(5) For the purpose of ascertaining and getting in any money payable in pursuance of this section, the like powers may be exercised, and by the like authority, as are exercise- able under section 80 of the Bankruptcy Ordinance, 1891, ordinance for the purpose of ascertaining and getting in the sums, No. 7 of 1891. funds, and dividends referred to in that section.
(6) Any person claiming to be entitled to any money paid. in pursuance of this section may apply to the Official Receiver for payment of the same, and the Official Receiver may, on a certificate by the liquidator that the person claim- ing is entitled, make an order for the payment to that person of the sum due.
(7) Any person dissatisfied with the decision of the Official Receiver in respect of any claim made in pursuance of this section may appeal to the court.
signature of
c. 69. s. 225.
215. In all proceedings under this Part, all courts, judges, Judicial and persons judicially acting, and all officers, judicial or notice of ministerial, of any court, or employed in enforcing the officers. process of any court, shall take judicial notice of the 8 Edw. 7, signature of any officer of the court, and also of the official seal or stamp of the several offices of the court, appended to or impressed on any document made, issued, or signed under the provisions of this Part, or any official copy thereof.
* As amended by Law Rev. Ord., 1924.
*
Page 115Page 116
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