Companies.
adjustment of the rights of the contributories among themselves, and make an order for payment of any calls so made.
(2) In making a call the court may take into consideration the probability that some of the contributories may partly or wholly fail to pay the call.
[199
199. (1) The court may order any contributory, purchaser or other person from whom money is due to the company to pay the amount due into such bank as the court may direct to the account of the liquidator instead of to the liquidator, and any such order may be enforced in the same manner as if it had directed payment to the liquidator.
(2) All moneys and securities paid or delivered into such bank in the event of a winding up by the court shall be subject in all respects to the orders of the court.
[200
[CAP. 32
Payment into bank of moneys due to company.
19 & 20 Geo. 5, c. 23, s. 207.
Order on contributory conclusive evidence.
200. (1) An order made by the court on a contributory shall, subject to any right of appeal, be conclusive evidence that the money, if any, thereby appearing to be due or ordered to be paid is due.
(2) All other pertinent matters stated in the order shall be taken to be truly stated as against all persons and in all proceedings.
[201
19 & 20 Geo. 5, c. 23, s. 208.
Appointment of special manager.
19 & 20 Geo. 5, c. 23, s. 209.
201. (1) Where in proceedings the Official Receiver becomes the liquidator of a company, whether provisionally or otherwise, he may, if satisfied that the nature of the estate or business of the company, or the interests of the creditors or contributories generally, require the appointment of a special manager of the estate or business of the company other than himself, apply to the court, and the court may on such application, appoint a special manager of the said estate or business to act during such time as the court may direct, with such powers, including any of the powers of a receiver or manager, as may be entrusted to him by the court.
(2) The special manager shall give such security and account in such manner as the court may direct.
(3) The special manager shall receive such remuneration as may be fixed by the court.
[202
139
Companies.
adjustment of the rights of the contributories among them- selves, and make an order for payment of any calls so made. (2) In making a call the court may take into considera- tion the probability that some of the contributories may partly or wholly fail to pay the call.
[199
199. (1) The court
may order
order any contributory, purchaser or other person from whom money is due to the company to pay the amount due into such bank as the court may direct to the account of the liquidator instead of to the liquidator, and any such order may be enforced in the same manner as if it had directed payment to the liquidator.
(2) All moneys and securities paid or delivered into such bank in the event of a winding up by the court shall be subject in all respects to the orders of the court. [200
[CAP. 32
Payment into moneys due
bank of
to company.
19 & 20 Geo. 5,
c. 23, s. 207.
contributory
evidence.
200. (1) An order made by the court on a contributory Order on shall, subject to any right of appeal, be conclusive evidence conclusive that the money, if any, thereby appearing to be due or ordered to be paid is due.
(2) All other pertinent matters stated in the order shall be taken to be truly stated as against all persons and in all proceedings.
[201
19 & 20 Geo. 5,
c. 23, s. 208.
of special
manager. c. 23, s. 209.
19 & 20 Geo. 5,
201. (1) Where in proceedings the Official Receiver Appointment becomes the liquidator of a company, whether provisionally or otherwise, he may, if satisfied that the nature of the estate or business of the company, or the interests of the creditors or contributories generally, require the appointment of a special manager of the estate or business of the com- pany other than himself, apply to the court, and the court may on such application, appoint a special manager of the said estate or business to act during such time as the court may direct, with such powers, including any of the powers of a receiver or manager, as may be entrusted to him by the court.
(2) The special manager shall give such security and account in such manner as the court may direct.
(3) The special manager shall receive such remunera- tion as may be fixed by the court.
[202
139
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