(1984 Ed.] Companies [CAP. 32 259
(a) with the omission of the references to the court in subsection (1); and
(b) with the substitution for the references to the court in subsection (2) of references to the Official Receiver.
(4) Subsection (1) shall not apply in relation to the appointment of a receiver or manager to act with an existing receiver or manager or in place of a receiver or manager dying or ceasing to act, except that, where that subsection applies to a receiver or manager who dies or ceases to act before it has been fully complied with, the references in paragraphs (b) and (c) thereof to the receiver shall, subject to subsection (5), include references to his successor and to any continuing receiver or manager.
Nothing in this subsection shall be taken as limiting the meaning of the expression "the receiver" where used in, or in relation to, subsection (2).
(5) This section and section 300B, where the company is being wound up, shall apply notwithstanding that the receiver or manager and the liquidator are the same person, but with any necessary modifications arising from that fact.
(6) Nothing in subsection (2) shall be taken to prejudice the duty of the receiver to render proper accounts of his receipts and payments to the persons to whom, and at the times at which, he may be required to do so apart from that subsection.
(7) If the receiver makes default in complying with the requirements of this section, he shall be liable to a fine of $200 for every day during which the default continues.
(8) This section shall not apply where the receiver or manager was appointed before the commencement* of the Companies (Amendment) Ordinance 1984.
(Added 6 of 1984, s. 213)
300B. (1) The statement as to the affairs of a company required by section 300A to be submitted to the receiver (or his successor) shall show as at the date of the receiver's appointment the particulars of the company's assets, debts and liabilities, the names, addresses and occupations of its creditors, the securities held by them respectively, the dates when the securities were respectively given and such further or other information as may be prescribed.
(2) The said statement shall be submitted by, and be verified by affidavit of, one or more of the persons who are at the date of the receiver's appointment the directors and by the person who is at that date the secretary of the company, or by such of the persons hereafter in this subsection mentioned as the receiver (or his successor), subject to the direction of the court, may require to submit and verify the statement, that is to say, persons-
(a) who are or have been officers of the company;
(6 of 1984.) [*31.8.84.]
Special provisions as to statement submitted to receiver.
1948 c. 38, s. 373.
(
(
1984 Ed.]
Companies
[CAP. 32
259
(a) with the omission of the references to the court in subsec-
tion (1); and
(b) with the substitution for the references to the court in
subsection (2) of references to the Official Receiver.
(4) Subsection (1) shall not apply in relation to the appoint- ment of a receiver or manager to act with an existing receiver or manager or in place of a receiver or manager dying or ceasing to act, except that, where that subsection applies to a receiver or manager who dies or ceases to act before it has been fully complied with, the references in paragraphs (b) and (c) thereof to the receiver shall, subject to subsection (5), include references to his successor and to any continuing receiver or manager.
Nothing in this subsection shall be taken as limiting the meaning of the expression "the receiver" where used in, or in relation to, subsection (2).
(5) This section and section 300B, where the company is being wound up, shall apply notwithstanding that the receiver or manager and the liquidator are the same person, but with any necessary modifications arising from that fact.
(6) Nothing in subsection (2) shall be taken to prejudice the duty of the receiver to render proper accounts of his receipts and payments to the persons to whom, and at the times at which, he may be required to do so apart from that subsection.
(7) If the receiver makes default in complying with the require- ments of this section, he shall be liable to a fine of $200 for every day -during which the default continues.
(8) This section shall not apply where the receiver or manager was appointed before the commencement* of the Companies (Amendment) Ordinance 1984.
(Added, 6 of 1984, s. 213)
300B. (1) The statement as to the affairs of a company required by section 300A to be submitted to the receiver (or his successor) shall show as at the date of the receiver's appointment the particu- lars of the company's assets, debts and liabilities, the names, addresses and occupations of its creditors, the securities held by them respectively, the dates when the securities were respectively given and such further or other information as may be prescribed.
(2) The said statement shall be submitted by, and be verified by affidavit of, one or more of the persons who are at the date of the receiver's appointment the directors and by the person who is at that date the secretary of the company, or by such of the persons hereafter in this subsection mentioned as the receiver (or his successor), subject to the direction of the court, may require to submit and verify the statement, that is to say, persons-
(a) who are or have been officers of the company;
(6 of 1984.) [*31.8.84.]
Special provisions as to statement submitted to receiver.
1948 c. 38, s. 373.
(
No comments yet.
Private notes are available after approval.