Companies.
which the default continues: Provided that, if a quorum is not present at the meeting, the liquidator shall, in lieu of the return hereinbefore mentioned, make a return that the meeting was duly summoned and that no quorum was present thereat, and upon such a return being made the provisions of the subsection as to the making of the return shall be deemed to have been complied with.
(4) The Registrar on receiving the account and either of the returns hereinbefore mentioned shall forthwith register them, and on the expiration of three months from the registration of the return the company shall be deemed to be dissolved: Provided that the court may, on the application of the liquidator or of any other person who appears to the court to be interested, make an order deferring the date at which the dissolution of the company is to take effect for such time as the court thinks fit.
(5) It shall be the duty of the person on whose application an order of the court under this section is made, within seven days after the making of the order, to deliver to the Registrar an office copy of the order for registration, and if that person fails so to do he shall be liable to a fine of fifty dollars for every day during which the default continues.
[225
Provisions applicable to a Creditors' Voluntary
Winding Up.
[CAP. 32
225. The provisions contained in the eight sections next following shall apply in relation to a creditors' voluntary winding up.
[226
226. (1) The company shall cause a meeting of the creditors of the company to be summoned for the day, or the day next following the day, on which there is to be held the meeting at which the resolution for voluntary winding up is to be proposed, and shall cause the notices of the said meeting of creditors to be sent by post to the creditors simultaneously with the sending of the notices of the said meeting of the company.
(2) The company shall cause notice of the meeting of the creditors to be advertised once in the Gazette and once at least in two local English language newspapers and in one local Chinese language newspaper circulating in Hong Kong.
149
applicable to
winding up.
creditors' ibid. s. 237.
Meeting of
creditors.
19 & 20 Geo. 5,
c. 23, s. 238.
Companies.
which the default continues: Provided that, if a quorum is not present at the meeting, the liquidator shall, in lieu of the return hereinbefore mentioned, make a return that the meeting was duly summoned and that no quorum was present thereat, and upon such a return being made the provisions of the subsection as to the making of the return shall be deemed to have been complied with.
(4) The Registrar on receiving the account and either of the returns hereinbefore mentioned shall forthwith re- gister them, and on the expiration of three months from the registration of the return the company shall be deemed to be dissolved: Provided that the court may, on the application of the liquidator or of any other person who appears to the court to be interested, make an order defer- ring the date at which the dissolution of the company is 10 take effect for such time as the court thinks fit.
(5) It shall be the duty of the person on whose applica- tion an order of the court under this section is made, within seven days after the making of the order, to deliver to the Registrar an office copy of the order for registration, and if that person fails so to do he shall be liable to a fine of fifty dollars for every day during which the default con- [225
tinues.
Provisions applicable to a Creditors' Voluntary
Winding Up.
[CAP. 32
225. The provisions contained in the eight sections next Provisions following shall apply in relation to a creditors' voluntary winding up.
[226
226. (1) The company shall cause a meeting of the creditors of the company to be summoned for the day, or the day next following the day, on which there is to be held the meeting at which the resolution for voluntary winding up is to be proposed, and shall cause the notices of the said meeting of creditors to be sent by post to the creditors simultaneously with the sending of the notices of the said meeting of the company.
(2) The company shall cause notice of the meeting of the creditors to be advertised once in the Gazette and once
149
applicable to
winding up.
creditors' ibid. s. 237.
Meeting of 19 & 20 Geo. 5,
creditors.
c. 23, s. 238.
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