¡
CAP. 32]
[s. 281 cont.]
Disquali-fication for appointment as receiver.
19 & 20 Geo. 5, c. 23, s. 306.
22 of 1950, Schedule.
Power to appoint Official Receiver as receiver for debenture holders or creditors.
ibid s. 307.
Notification to Companies.
(2) All rules made under this section shall be judicially noticed, and shall have effect as if enacted by this Ordinance.
(3) There shall be paid in respect of proceedings under this Ordinance, where no fee is otherwise fixed, such fees as the Chief Justice may, with the sanction of the Legislative Council direct, and he may direct by whom and in what manner the same are to be collected and accounted for.
[282
PART VI.
RECEIVERS AND MANAGERS.
282. (1) A body corporate shall not be qualified for appointment as receiver of the property of a company.
(2) Any body corporate which acts as receiver as aforesaid shall be liable to a fine of two thousand dollars.
[283
283. Where an application is made to the court to appoint a receiver on behalf of the debenture holders or other creditors of a company which is being wound up by the court, the Official Receiver may be so appointed.
[284
284. (1) Where a receiver or manager of the property of a company has been appointed, every invoice, order for goods or business letter issued by or on behalf of the receiver or manager appointed.
19 & 20 Geo. 5, c. 23, s. 308.
22 of 1950, Schedule.
Power of court to fix remuneration on application of liquidator.
19 & 20 Geo. 5, c. 23, s. 309.
company or the receiver or manager or the liquidator of the company, being a document on or in which the name of the company appears, shall contain a statement that a receiver or manager has been appointed.
(2) If default is made in complying with the requirements of this section, the company and every director, manager, secretary or other officer of the company, and every liquidator of the company, and every receiver or manager who knowingly and wilfully authorizes or permits the default, shall be liable to a fine of five hundred dollars.
[285
285. The court may, on an application made to the court by the liquidator of a company, by order fix the amount to be paid by way of remuneration to any person who, under the powers contained in any instrument, has been appointed as receiver or manager of the property of the company,
182
Page 170
Page 171
i
¡
CAP. 32]
[s. 281 cont.]
Disquali- fication for appointment as receiver. 19 & 20 Geo. 5, c. 23, s. 306.
22 of 1950, Schedule.
Power to appoint
Official
Receiver as receiver for debenture
holders or creditors.
ibid s. 307.
Notification
Companies.
(2) All rules made under this section shall be judicially noticed, and shall have effect as if enacted by this Ordinance.
(3) There shall be paid in respect of proceedings under this Ordinance, where no fee is otherwise fixed, such fees as the Chief Justice may, with the sanction of the Legislative Council direct, and he may direct by whom and in what manner the same are to be collected and accounted for. [282
PART VI.
RECEIVERS AND MANAGERS.
282. (1) A body corporate shall not be qualified for appointment as receiver of the property of a company.
(2) Any body corporate which acts as receiver as afore- said shall be liable to a fine of two thousand dollars.
[283
283. Where an application is made to the court to appoint a receiver on behalf of the debenture holders or other creditors of a company which is being wound up by the court, the Official Receiver may be so appointed. [284
284. (1) Where a receiver or manager of the property of a company has been appointed, every invoice, order for 19 & 20 Geo. 5, goods or business letter issued by or on behalf of the
that receiver or manager appointed.
c. 23, s. 308.
22 of 1950, Schedule.
Power of
court to fix remuneration
on application of liquidator.
19 & 20 Geo. 5, c. 23, s. 309.
company or the receiver or manager or the liquidator of the company, being a document on or in which the name of the company appears, shall contain a statement that a receiver or manager has been appointed.
(2) If default is made in complying with the require- ments of this section, the company and every director, manager, secretary or other officer of the company, and every liquidator of the company, and every receiver or manager who knowingly and wilfully authorizes or permits the default, shall be liable to રી fine of five hundred dollars.
[285
285. The court may, on an application made to the court by the liquidator of a company, by order fix the amount to be paid by way of remuneration to any person who, under the powers contained in any instrument, has been appointed as receiver or manager of the property of the company,
182
Page 170Page 171
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