Page:UKSRO 1890.pdf/281

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COMPANY.
245
ceedings in the winding up, and shall render an application to the Court unnecessary.
Information subsequent to statement of affairs.

60. After the statement of affairs of a company has been submitted to the Official Receiver it shall be the duty of each person who has made it, if and when required, to attend on the Official Receiver and answer all such questions as may be put to him, and give all such further information as may be required of him by the Official Receiver in relation to the statement of affairs.

Default.

61. Any default in complying with the requirement of section 7 of the Companies (Winding Up) Act, 1890, may be reportedby the Official Receiver to the Court.

Expenses of statement of affairs.

62.  A person who is required to make or concur in making any statement of affairs of a company shall before incurring any costs or expenses in and about the preparation and making of the statement apply to the Official Receiver for his sanction and submit a statement of the estimated costs and expenses which it is intended to incur; and no person shall be allowed out of the assets of the company any costs or expenses which have not before being incurred been sanctioned by the Official Receiver.

Appointment of Liquidator.

Appointment of Liquidator on report of meetings of creditors and contributories.

63.—(1) Form 32.As soon as possible after the first meetings of creditors and contributories have been held the Official Receiver or the chairman of the meeting, as the case may be, shall report the result of each meeting to the Court.

(2) Form 34.Upon the result of the meetings of creditors and contributories being reported to the Court, the Court may, if the creditors and contributories are unanimous in their determination, upon the application of the Official Receiver, forthwith make the appointments necessary for giving effect to such determination. In any other case the Court shall, on application by the Official Receiver, fix a day for considering the determinations of the meetings, deciding differences (if any), and making such appointments and orders as shall be necessary.

(3) When a time and place have been fixed for the consideration of the determinations of the meetings such time and place shall be advertised by the Official Receiver in such manner as the Court shall direct, but so that the first or only advertisement shall be published not less than seven days before the day so fixed.

(4) Upon the consideration of the determinations of the meetings the Court shall hear the Official Receiver or any creditor or contributory.

(5) Form 34.If a Liquidator is appointed a copy of the order appointing him shall be transmitted to the Board of Trade by the Official Receiver, and the Board of Trade shall as soon as the Liquidator
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