Companies. [Ch. 31. No. 1.

(2) The Court shall fix the amount and nature of such security, and
may from time to time, as it thinks fit, either increase or diminish
the amount of the security which any person has given.

(3) The certificate of the Registrar of the Supreme Court that
a Liquidator or special manager has given the security ordered to
be given shall be filed with the Registrar.

(4) The cost of furnishing the required security by a Liquidator or
special manager, including any premiums which he may pay to
a guarantee society, shall be borne by him personally, and shall not
be charged against the assets of the company as an expense incurred
in the winding up.

45. (1) If a Liquidator or special manager fails to give the required
security within the time stated for that purpose in the order appointing
him, or any extension thereof, the Official Receiver shall report such
failure to the Court, who may thereupon rescind the order appointing the
Liquidator or special manager.

(2) If a Liquidator or special manager fails to keep up his security
the Official Receiver shall report such failure to the Court, who may
thereupon remove the Liquidator or special manager, and make such
order as to costs as the Court shall think fit.

(3) Where an order is made under this rule rescinding an order for
the appointment of or removing a Liquidator, the Court may direct that
meetings shall be held for the purpose of determining whether an
application shall be made to the Court for another Liquidator to be
appointed and thereupon the same meetings shall be summoned and the
same proceedings may be taken as in the case of a first appointment
of a Liquidator.

Public examination.

46. The consideration of a report made by the Official Receiver
pursuant to subsection (2) of section 174 of the Ordinance shall be before
a Judge of the Court personally in Chambers, and the Official Receiver
shall personally, or by counsel or solicitor, attend the consideration of
the report, and give the Court any further information or explanation
with reference to the matters stated in the report which the Court may
require.

47, Where a Judge makes an order under section 205 of the Ordinance,
directing any person or persons to attend for public examination—
(a) the examination shall be held in open Court;
(b) the Judge may, if he thinks fit, either in the order for

examination, or by any subsequent order, give directions as to the
special matters on which any such person is to be examined.

48. Upon an order directing a person to attend for public examination
being made, the Official Receiver shall, unless the Judge shall otherwise
direct, without further order take an appointment for the public
examination to be held.

587

Form 23.

Failure to
give or keep
up security.

Considera-
tion of
report.

Procedure
consequent
on order

for public
examination.

Form 24.

Application
for day for
holding
examination.