ENG-1983 — Page 66

INDUSTRY AND TRADE

37

During the year there were 184 petitions in bankruptcy and 334 petitions for the compulsory winding-up of companies. The court made 136 receiving orders, one adminis- tration order and 280 winding-up orders. As in past years, the Official Receiver was appointed trustee or liquidator in almost every case. Assets realised by the Official Receiver during 1983 amounted to $93.4 million. In addition to these compulsory liquidations, 709 companies went into voluntary liquidation - 661 by members' voluntary winding-up and 48 by creditors' voluntary winding-up.

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