Companies.
[CAP. 32
(6) Every appointment of a liquidator or committee of inspection shall be advertised by the liquidator in such manner as the court directs immediately after the appointment has been made, and the liquidator has given the required security.
103 (8)
(7) If a liquidator in a winding up by the court shall die, or resign, or be removed, another liquidator may be appointed in his place in the same manner as in the case of a first appointment, and the Official Receiver shall, on the request of not less than one-tenth in value of the creditors or contributories summon meetings for the purpose of determining whether or not the vacancy shall be filled; but none of the provisions of this rule shall apply where the liquidator is released under section 190 of the Ordinance in which case the Official Receiver shall remain liquidator.
Notice of Appointment of Liquidator.
46. The notice of the appointment of a liquidator required by section 238 of the Ordinance shall be in Form 28 in the Appendix.
Security by Liquidator or Special Manager in a Winding up by the Court.
47. In the case of a special manager or a liquidator other than the Official Receiver, the following provisions as to security shall have effect, namely-
(a) the security shall be given to such officers or persons, and in such manner as the Official Receiver may from time to time direct;
(b) it shall not be necessary that security shall be given in each separate winding up; but security may be given either specially in a particular winding up, or generally, to be available for any winding up in which the person giving security may be appointed, either as liquidator or special manager;
(c) the Official Receiver shall fix the amount and nature of such security, and may from time to time, as he thinks fit, either increase or diminish the amount of special or general security which any person has given;
59
Notice of liquidator appointment Form 28.
Security to satisfaction of Official Receiver.
R. 57.
Form 26.
Page 25
Page 26
Page 25
Page 26
Companies.
[CAP. 32
(6) Every appointment of a liquidator or committee of Form 27. inspection shall be advertised by the liquidator in such manner as the court directs immediately after the appoint- ment has been made, and the liquidator has given the required security.
103 (8)
(7) If a liquidator in a winding up by the court shall Forms die, or resign, or be removed, another liquidator may be and (9). appointed in his place in the same manner as in the case of a first appointment, and the Official Receiver shall, on the request of not less than one-tenth in value of the creditors or contributories summon meetings for the purpose of determining whether or not the vacancy shall be filled; but none of the provisions of this rule shall apply where the liquidator is released under section 190 of the Ordinance in which case the Official Receiver shall remain liquidator.
Notice of Appointment of Liquidator.
46. The notice of the appointment of a liquidator required by section 238 of the Ordinance shall be in Form 28 in the Appendix.
Security by Liquidator or Special Manager in a Winding up by the Court.
47, In the case of a special manager or a liquidator other than the Official Receiver, the following provisions as to security shall have effect, namely-
(a) the security shall be given to such officers or persons, and in such manner as the Official Re- ceiver may from time to time direct;
(b) it shall not be necessary that security shall be given in each separate winding up; but security may be given either specially in a particular winding up, or generally, to be available for any winding up in which the person giving security may be appointed, either as liquidator or special manager; (c) the Official Receiver shall fix the amount and nature of such security, and may from time to time, as he thinks fit, either increase or diminish the amount of special or general security which any person has given;
59
Notice of of liquidator
appointment
Form 28.
Security to of Official
satisfaction
Receiver.
R. 57.
Form 26.
Page 25Page 26
No comments yet.
Private notes are available after approval.