1950_COMPANIES_(WINDING-UP)_RULES — Page 67

HK Historical Laws 香港歷史法例 All AI Reviewed

Companies.

[CAP. 32

up shall not be deemed to be concluded until such funds or assets have either been distributed or paid into the company's liquidation account.

sending statements, regulations applicable R. 194 thereto.

181. In a voluntary winding up or a winding up under the supervision of the court, the statements with respect to the proceedings in and position of a liquidation of a company, the winding up of which is not concluded within a year after its commencement, shall be sent to the Registrar of Companies twice in every year as follows—

(a) the first statement commencing at the date when a liquidator was first appointed and brought down to the end of twelve months from the commencement of the winding up, shall be sent within 30 days from the expiration of such twelve months, or within such extended period as the court may sanction, and the subsequent statements shall be sent at intervals of half a year, each statement being brought down to the end of the half-year for which it is sent. In cases in which the assets of the company have been fully realized and distributed before the expiration of a half-yearly interval a final statement shall be sent forthwith;

(b) subject to the next succeeding rule, Form 92, and Forms 92, 94, 95 and 96, with such variations as circumstances may require, shall be used, and the directions specified in the Form shall (unless the court otherwise directs) be observed in reference to every statement;

(c) every statement shall be sent in duplicate, and shall be verified by an affidavit in Form 93, with such variations as circumstances may require.

182. Where in a voluntary winding up or a winding up under the supervision of the court, a liquidator has received or paid any money on account of the company during any period for which a statement has to be sent R. 195, he shall at the period when he is required to transmit his statement, send to the Registrar of Companies the prescribed statement in Form 92, in duplicate, containing the particulars therein required with respect to the proceedings in and position of the liquidation, and with such statement shall also send an affidavit of receipts or payments in Form 93.

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Companies. [CAP. 32 up shall not be deemed to be concluded until such funds or assets have either been distributed or paid into the company's liquidation account. sending statements, regulations applicable R. 194 thereto. 181. In a voluntary winding up or a winding up under the supervision of the court, the statements with respect to the proceedings in and position of a liquidation of a company, the winding up of which is not concluded within a year after its commencement, shall be sent to the Registrar of Companies twice in every year as follows— (a) the first statement commencing at the date when a liquidator was first appointed and brought down to the end of twelve months from the commencement of the winding up, shall be sent within 30 days from the expiration of such twelve months, or within such extended period as the court may sanction, and the subsequent statements shall be sent at intervals of half a year, each statement being brought down to the end of the half-year for which it is sent. In cases in which the assets of the company have been fully realized and distributed before the expiration of a half-yearly interval a final statement shall be sent forthwith; (b) subject to the next succeeding rule, Form 92, and Forms 92, 94, 95 and 96, with such variations as circumstances may require, shall be used, and the directions specified in the Form shall (unless the court otherwise directs) be observed in reference to every statement; (c) every statement shall be sent in duplicate, and shall be verified by an affidavit in Form 93, with such variations as circumstances may require. 182. Where in a voluntary winding up or a winding up under the supervision of the court, a liquidator has received or paid any money on account of the company during any period for which a statement has to be sent R. 195, he shall at the period when he is required to transmit his statement, send to the Registrar of Companies the prescribed statement in Form 92, in duplicate, containing the particulars therein required with respect to the proceedings in and position of the liquidation, and with such statement shall also send an affidavit of receipts or payments in Form 93. ΙΟΙ

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Companies. [CAP. 32 up shall not be deemed to be concluded until such funds or assets have either been distributed or paid into the companies liquidation account. sending statements, regulations applicable R. 194. thereto. 181. In a voluntary winding up or a winding up under Times of the supervision of the court, the statements with respect liquidator's to the proceedings in and position of a liquidation of a and company, the winding up of which is not concluded within a-year after its commencement, shall be sent to the Regis- trar of Companies twice in every year as follows— (a) the first statement commencing at the date when a liquidator was first appointed and brought down to the end of twelve months from the commence- ment of the winding up, shall be sent within 30 days from the expiration of such twelve months, or within such extended period as the court may sanction, and the subsequent statements shall be sent at intervals of half a year, each statement being brought down to the end of the half-year for which it is sent. In cases in which the assets of the company have been fully realized and dis- tributed before the expiration of a half-yearly interval a final statement shall be sent forthwith; (b) subject to the next succeeding rule, Form 92, and Forms 92, 94, where applicable Forms 94, 95 and 96, with such variations as circumstances may require, shall be used, and the directions specified in the Form shall (unless the court otherwise directs) be observed in reference to every statement: 95 and 96. (c) every statement shall be sent in duplicate, and Form 93. shall be verified by an affidavit in the Form 93, with such variations as circumstances may require. or payments. 182. Where in a voluntary winding up or a winding Affidavit of up under the supervision of the court, a liquidator has no receipts not during any period for which a statement has to be R. 195. sent received or paid any money on account of the com- pany, he shall at the period when he is required to transmit his statement, send to the Registrar of Companies the Forms 92 prescribed statement in Form 92, in duplicate, containing the particulars therein required with respect to the pro- ceedings in and position of the liquidation, and with such statement shall also send an affidavit of no receipts or pay- ments in the Form 93. and 93. ΙΟΙ

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Companies.

[CAP. 32

up shall not be deemed to be concluded until such funds or assets have either been distributed or paid into the companies liquidation account.

sending

statements,

regulations

applicable R. 194.

thereto.

181. In a voluntary winding up or a winding up under Times of the supervision of the court, the statements with respect liquidator's to the proceedings in and position of a liquidation of a and company, the winding up of which is not concluded within a-year

after its commencement, shall be sent to the Regis- trar of Companies twice in every year as follows—

(a) the first statement commencing at the date when a liquidator was first appointed and brought down to the end of twelve months from the commence- ment of the winding up, shall be sent within 30 days from the expiration of such twelve months, or within such extended period as the court may sanction, and the subsequent statements shall be sent at intervals of half a year, each statement being brought down to the end of the half-year for which it is sent. In cases in which the assets of the company have been fully realized and dis- tributed before the expiration of a half-yearly interval a final statement shall be sent forthwith; (b) subject to the next succeeding rule, Form 92, and Forms 92, 94,

where applicable Forms 94, 95 and 96, with such variations as circumstances may require, shall be used, and the directions specified in the Form shall (unless the court otherwise directs) be observed in reference to every statement:

95 and 96.

shall be verified by an affidavit in the Form 93, with such variations as circumstances may require.

or payments.

182. Where in a voluntary winding up or a winding Affidavit of up under the supervision of the court, a liquidator has no receipts not during any period for which a statement has to be R. 195. sent received or paid any money on account of the com- pany, he shall at the period when he is required to transmit his statement, send to the Registrar of Companies the Forms 92 prescribed statement in Form 92, in duplicate, containing the particulars therein required with respect to the pro- ceedings in and position of the liquidation, and with such statement shall also send an affidavit of no receipts or pay- ments in the Form 93.

1950_COMPANIES_(WINDING-UP)_RULES — Page 67

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