498

 

Property ot
dissolved
company to
be bona

sacanita.

Rules.

Rules in
11th, 12th
and 13th
Schedules
in force

Disquatlitica-
tion for
appointment
as receiver
Power to
appoint
Official
Receiver as
receiver for
debenture
holders or
erediters.
Notification

that receiver

or manager
appointed.

Ch. 31. No. 1.] Compantes.

276. Where a company is dissolved, all property and
rights whatsoever vested in or held on trust for the company
immediately before its dissolution (including leasehold
property but not including property held by the company
on trust for any other person) shall, subject and without
prejudice to any order which may at any time be made by
the Court under the two last foregoing sections of this
Ordinance be deemed to be bona vacantia and shall accord-
ingly belong to the Crown, and shall vest and may be
dealt with in the same manner as other bona vacantia
accruing to the Crown.

Rules and fees.

277. Rules for carrying this Ordinance into effect as far
as relates to procedure, winding up, and costs and fees in
connection therewith, may be made in like manner as rules
may be made under and for the purposes of the Judicature
Ordinance.

278. Until varied or revoked by any rules made under
the preceding section the rules contained in the Eleventh,
Twelfth and Thirteenth Schedules to this Ordinance shall
be in foree.

PART VI.

RECEIVERS AND MANAGERS.

279. .\ body corporate shall not be qualified for appoint -
ment as receiver of the property of a company

280. Where an application is made to the Court to appoint

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.

281. (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 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, shail contain a statement that a receiver or manager
has been appointed.