CAP. 32]
Power to exclude creditors
not proving
in time.
ibid. s. 210.
Adjustment of rights of
Companies.
202. The court may fix a time or times within which creditors are to prove their debts or claims, or to be excluded from the benefit of any distribution made before those debts are proved.
[203
203. The court shall adjust the rights of the contributories among themselves, and distribute any surplus among
the persons entitled thereto.
ibid. s. 211.
Inspection of books by
creditors and 19 & 20 Geo. 5,
contributories.
c. 23, s. 212.
Power to
order costs of
be paid out
[204
204. The court may, at any time after making a winding up order, make such order for inspection of the books and papers of the company by creditors and contributories as the court thinks just, and any books and papers in the possession of the company may be inspected by creditors or contributories accordingly, but not further or otherwise.
[205
205. The court may, in the event of the assets being insufficient to satisfy the liabilities, make an order as to the payment out of the assets of the costs, charges, and expenses incurred in the winding up in such order of priority as the court thinks just.
of assets. ibid. s. 213.
Power to
summon persons
suspected
of having
property
of company.
19 & 20 Geo. 5,
[206
206. (1) The court may, at any time after the appointment of a provisional liquidator or the making of a winding up order, summon before it any officer of the company or person known or suspected to have in his possession any property of the company or supposed to be indebted to the company, or any person whom the court deems capable of giving information concerning the promotion, formation, trade, dealings, affairs, or property of the company.
(2) The court may examine him on oath concerning the matters aforesaid, either by word of mouth or on written interrogatories, and may reduce his answers to writing and require him to sign them.
(3) The court may require him to produce any books and papers in his custody or power relating to the company, but, where he claims any lien on books or papers produced by him, the production shall be without prejudice to that lien, and the court shall have jurisdiction in the winding up to determine all questions relating to that lien.
(4) If any person so summoned, after being tendered a reasonable sum for his expenses, refuses to come before
140
CAP. 32]
Power to exclude creditors
not proving
in time.
ibid. s. 210.
Adjustment of rights of
Companies.
202. The court may fix a time or times within which creditors are to prove their debts or claims, or to be excluded from the benefit of any distribution made before those debts are proved.
[203
203. The court shall adjust the rights of the contribu- contributories. tories among themselves, and distribute any surplus among
the persons entitled thereto.
ibid. s. 211.
Inspection of books by
creditors and 19 & 20 Geo. 5,
contributories.
c. 23, s. 212.
Power to
order costs of
be paid out
[204
204. The court may, at any time after making a winding up. order, make such order for inspection of the books and papers of the company by creditors and contributories as the court thinks just, and any books and papers in the possession of the company may be inspected by creditors or contributories accordingly, but not further or otherwise. [205
205. The court may, in the event of the assets being winding up to insufficient to satisfy the liabilities, make an order as to the payment out of the assets of the costs, charges, and expenses incurred in the winding up in such order of priority as the court thinks just.
of assets. ibid. s. 213.
Power to
summon persons
suspected
of having
property
of company.
19 & 20 Geo. 5,
[206
206. (1) The court may, at any time after the appoint- ment of a provisional liquidator or the making of a winding up order, summon before it any officer of the company or person known or suspected to have in his possession any c. 23, s. 214. property of the company or supposed to be indebted to the company, or any person whom the court deems capable of giving information concerning the promotion, formation, trade, dealings, affairs, or property of the company.
(2) The court may examine him on oath concerning the matters aforesaid, either by word of mouth or on written interrogatories, and may reduce his answers to writing and require him to sign them.
(3) The court may require him to produce any books and papers in his custody or power relating to the company, but, where he claims any lien on books or papers produced by him, the production shall be without prejudice to that lien, and the court shall have jurisdiction in the winding up to determine all questions relating to that lien.
(4) If any person so summoned, after being tendered a reasonable sum for his expenses, refuses to come before
140
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