Companies.
[CAP. 32
Official
Receiver or R. 150.
liquidator.
137. A creditor or a contributory in a winding up by the court may appoint the Official Receiver or liquidator and in a voluntary winding up the liquidator or if there be no liquidator the chairman of a meeting to act as his general or special proxy.
138. No person acting either under a general or a special proxy shall vote in favour of any resolution which would directly or indirectly place himself, his partner or employer in a position to receive any remuneration out of the assets of the company otherwise than as creditor, rateably with the other creditors of the company : Provided that where any person holds special proxies to vote for an application to the court in favour of the appointment of himself as liquidator he may use the said proxies and vote accordingly.
Holder of vote on which he interested.
proxy not to
-matter-in-
is financially
R. 151.
of proxies.
139. (1) A proxy intended to be used at the first meeting of creditors or contributories, or an adjournment thereof, R. 152. shall be lodged with the Official Receiver not later than the time mentioned for that purpose in the notice convening the meeting or the adjourned meeting, which time shall be not earlier than twelve o'clock at noon of the day but one before, nor later than twelve o'clock at noon of the day before the day appointed for such meeting, unless the court otherwise directs.
(2) In every other case a proxy shall be lodged with the Official Receiver or liquidator in a winding up by the court, with the company at its registered office for a meeting under section 226 of the Ordinance and with the liquidator or if there is no liquidator with the person named in the notice convening the meeting to receive the same in a voluntary winding up not later than four o'clock in the afternoon of the day before the meeting or adjourned meeting at which it is to be used.
(3) No person shall be appointed a general or special proxy who is a minor.
140. Where an Official Receiver who holds any proxies cannot attend the meeting for which they are given, he may, in writing, depute some person under his official control to use the proxies on his behalf, and in such manner as he may direct.
Use of deputy. R. 153.
proxies by
85
Companies.
[CAP. 32
Official
Receiver or R. 150.
liquidator.
137. A creditor or a contributory in a winding up by the Proxies to court may appoint the Official Receiver or liquidator and in a voluntary winding up the liquidator or if there be no liquidator the chairman of a meeting to act as his general or special proxy.
138. No person acting either under a general or a special proxy shall vote in favour of any resolution which would directly or indirectly place himself, his partner or employer in a position to receive any remuneration out of the assets of the company otherwise than as creditor, rateably with the other creditors of the company : Provided that where any person holds special proxies to vote for an application to the court in favour of the appointment of himself as liquidator he may use the said proxies and vote accordingly.
Holder of vote on which he interested.
proxy not to
-matter-in-
is financially
R. 151.
of proxies.
139. (1) A proxy intended to be used at the first meet- Lodgment ing of creditors or contributories, or an adjournment thereof, R. 152. shall be lodged with the Official Receiver not later than the time mentioned for that purpose in the notice convening the meeting or the adjourned meeting, which time shall be not earlier than twelve o'clock at noon of the day but one before, nor later than twelve o'clock at noon of the day before the day appointed for such meeting, unless the court otherwise directs.
(2) In every other case a proxy shall be lodged with the Official Receiver or liquidator in a winding up by the court, with the company at its registered office for a meeting under section 226 of the Ordinance and with the liquidator or if there is no liquidator with the person named in the notice convening the mecting to receive the same in a voluntary winding up not later than four o'clock in the afternoon of the day before the meeting or adjourned meeting at which it is to be used.
(3) No person shall be appointed a general or special proxy who is a minor.
140. Where an Official Receiver who holds any proxies cannot attend the meeting for which they are given, he may, in writing, depute some person under his official control to use the proxies on his behalf, and in such manner as he may direct.
Use of deputy. R. 153.
proxies by
85
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