Registrar-Generals-Department-Annual-report-1956-1957 — Page 18

Liquidations in Progress.

21. At the end of the year 90 companies were in the course of being wound up as follows:

Up

Liquidations begun prior to 1/4/56.

Liquidations begun during 1956/57.

35

By Members' Voluntary Winding-

36

By Creditors' Voluntary Winding-

Up

3

1

L

By Winding-Up by the Court

14

1

53

37

Local or Branch Registers.

22. 4 licences to keep local or branch Share Registers were granted under Section 103 of the Ordinance.

Money-Lenders.

23. 8 Money-Lenders licences were issued under the Money- Lenders Ordinance (Cap. 163). This is 3 less than in 1955/56.

Deposits by Fire, Marine, and Life Insurance Companies.

24. The deposits made by Insurance Companies with the Registrar of Companies under the Fire and Marine Insurance Companies Deposit Ordinance (Cap. 34) and those made under the Life Insurance Companies Ordinance (Cap. 36) are shown in Tables X and XI respectively.

Chinese Partnerships Ordinance (Cap. 31).

25. No partnerships have been registered under the Chinese Partnerships Ordinance since the war. Only 21 Chinese Part- nerships have ever been registered, the last registration being in 1934.

Limited Partnerships Ordinance (Cap. 37).

26. Only two Limited Partnerships have been registered since the war, one in 1946 and one in 1948. Prior to these, there were only two registrations, one in 1913 and one in 1919.

Revenue.

27. The fees collected totalled $860,254.00, which is over 60% higher than in the year 1955/56. This increase reflects the increase in capital fees introduced with effect from 1st June, 1955, by the Companies (Amendment) Ordinance, 1955,

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