COMPANIES.
No. 58 of 1911.
2089
(g) to do all such other things as may be necessary for winding up the affairs of the company and distributing its assets.
(3) The exercise by the liquidator in a winding-up by the court of the powers conferred by this section shall be subject to the control of the court, and the Official Receiver or any creditor or contributory may apply to the court with respect to any exercise or proposed exercise of any of those powers.
(4) Where a liquidator is provisionally appointed by the court, the court may limit and restrict his powers by the order appointing him.
147.(1) When a winding-up order has been made by the court, the Official Receiver shall summon separate meetings of the creditors and contributories of the company for the purpose of
(a) determining whether or not an application is to be made to the court for appointing a liquidator in the place of the Official Receiver
and
(b) determining whether or not an application is to be made to the court for the appointment of a committee of inspection to act with the liquidator, and who are to be the members of the committee if appointed.
(2) The court may make any appointment and order required to give effect to any such determination, and, if there is a difference between the determinations of the meetings of the creditors and contributories in respect of any of the matters mentioned in the foregoing provisions of this section, the court shall decide the difference and make such order thereon as the court may think fit.
(3) In case a liquidator is not appointed by the court, the Official Receiver shall be the liquidator of the company.
148. Where in the winding-up of a company by the court a person other than the Official Receiver is appointed liquidator, he shall give the Official Receiver such information and such access to and facilities for inspecting the books and documents of the company, and generally such aid as may be requisite for enabling that officer to perform his duties under this Ordinance.
COMPANIES.
No. 58 of 1911.
2089
(g) to do all such other things as may be necessary for winding up the affairs of the company and distributing its
assets.
(3) The exercise by the liquidator in a winding-up by the court of the powers conferred by this section shall be subject to the control of the court, and the Official Receiver or any creditor or contributory may apply to the court with respect to any exercise or proposed exercise of any of those powers.
(4) Where a liquidator is provisionally appointed by the court, the court may limit and restrict his powers by the order appointing him.
147.(1) When a winding-up order has been made by Meetings of the court, the Official Receiver shall summon separate meet- creditors and ings of the creditors and contributories of the company for tories in the purpose of
(a) determining whether or not an application is to be made to the court for appointing a liquidator in the place of the Official Receiver
and
(b) determining whether or not an application is to be made to the court for the appointment of a committee of inspection to act with the liquidator, and who are to be the members of the committee if appointed.
(2) The court may make any appointment and order required to give effect to any such determination, and, if there is a difference between the determinations of the meetings of the creditors and contributories in respect of any of the matters mentioned in the foregoing provisions of this section, the court shall decide the difference and make such order thereou as the court may think fit.
(3) In case a liquidator is not appointed by the court, the Official Receiver shall be the liquidator of the company.
contribu-
winding-up. 8 Edw. 7,
. (9, 152,
[cf. s. 196(2).]
information
148. Where in the winding-up of a company by the Liquidator court a person other than the Official Receiver is appointed to give liquidator, he shall give the Official Receiver such information to Official and such access to and facilities for inspecting the books Receiver. and documents of the company, and generally such aid as c. 69, s. 153. may
be requisite for enabling that officer to perform his duties under this Ordinance.
8 Edw. 7.
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