2086
Report by Official Receiver, 8 Edw. 7,
No. 58 of 1911.
COMPANIES.
143.-(1) Where the court has made a winding-up order, the Official Receiver shall, as soon as practicable after receipt of the statement of the company's affairs, submit a preliminary report to the court---
c. 69, s. 148.
(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.
Appointment, 144.(1) For the purpose of conducting the proceedings and performing such duties in reference thereto as the court may impose, the court may
of
liquidators. 8 Edw. 7,
c. 69, s. 149.
appoint a liquidator or liquidators.
(2) The court may make such an appointment provisionally at any time after the presentation of a petition and before the making of an order for winding-up.
(3) (a) If a provisional liquidator is appointed before the making of a winding-up order, the Official Receiver or any other fit person may be appointed:
(b) on a winding-up order being made, the Official Receiver shall by virtue of his office become the provisional liquidator and shall continue to act as such until he or another person becomes liquidator and is capable of acting as such:
(c) when a person other than the Official Receiver is appointed liquidator, he shall not be capable of acting as liquidator until he has notified his appointment to the Registrar of Companies and given security to the satisfaction of the Official Receiver.
2086
Report by Official Receiver, 8 Edw. 7,
No. 58 of 1911.
COMPANIES.
143.-(1) Where the court has made a winding-up order, the Official Receiver shall, as soon as practicable after receipt of the statement of the company's affairs, submit a preliminary [ef. s. 1962) report to the court---..
c. 69, s. 148.
(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.
Appointment, 144.(1) For the purpose of conducting the proceedings remuneration, in winding up a company and performing such duties in reference thereto as the court may impose, the court may
of
liquidators. 8 Edw. 7,
c. 69, s. 149. appoint a liquidator or liquidators.
[ej. s. 196 (2).]
(2) The court may make such an appointment provisionally at any time after the presentation of a petition and before the making of an order for winding-up.
(3) (a) If a provisional liquidator is appointed before the making of a winding-up order, the Official Receiver or any other fit person may be appointed :
(b) on a winding-up order being made, the Official Receiver shall by virtue of his office become the provisional liquidator and shall continue to act as such until he or another person becomes liquidator and is capable of acting as such:
(e) when a person other than the Official Receiver is appointed liquidator, he shall not be capable of acting as liquidator until he has notified his appointment to the Registrar of Companies and given security to the satisfaction of the Official Receiver.
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