Compantes. [Ch. 31. No. 1.

Statement of affairs.

37. (1) A person who under section 173 of the Ordinance has been
required by the Official Receiver to submit and verify a statement of
affairs of a company, shall be furnished by the Official Receiver with
such forms and instructions as the Official Receiver in his discretion
shall consider necessary. The statement shall be made out in duplicate,
one copy of which shall be verified by affidavit. The Official Receiver
shall cause to be filed with the Registrar of the Supreme Court the verified
statement of affairs.

(2) The Official Receiver may from time to time hold personal
interviews with any such person as is mentioned in paragraphs (a), (8), (c)
or (d) of subsection (2) of section 173 of the Ordinance for the purpose
of investigating the company’s affairs and it shall be the duty of every
such person to attend on the Official Receiver at such time and place
as the Official Receiver may appoint and give the Official Receiver all
information that he may require.

38. When any person requires any extension of time for submitting the
statement of affairs, he shall apply to the Official Receiver, who may, if he
thinks fit, give a written certificate extending the time, which certificate
shall be filed with the proceedings in the winding up and shall render an
application to the Court unnecessary.

39. 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 or
concurred in making 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.

40. Any default in complying with the requirements of section 173 of
the Ordinance may be reported by the Official Receiver to the Court.

41. 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, except by order of the
Court, 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.

42. (1) Any application to dispense with the requirements of section 173
of the Ordinance shall be supported by a report of the Official Receiver
showing the special circumstances which in his opinion render such
a course desirable.

(2) When the Court has made an order dispensing with the
requirements of the said section, it may give such consequential directions
as it may see fit and in particular it may give directions as to the sending
of any notices which are by these rules required to be sent to any person
mentioned in the statement of affairs.

585

Preparation
of statement
of affairs.

Form 19,

Extension
of time for
submitting
statement of
affairs.

Information
subsequent
to statement
of affairs.

Default.

Expenses of
statement of
affairs.

Dispensing
with state-
ment of
affairs.