A Manual of the Law Relating to Industrial and Provident Societies, in Their Formation, Existence, and Dissolution; With an Appendix Containing Form

Overview

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1869 Excerpt: ... be in the custody of the court. 93. Any official liquidator may resign or be removed by the court on due cause shown: and any vacancy in the office of an official liquidator appointed by the court shall be filled by the court: there shall be paid to the official liquidator such salary or remuneration, by ...
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Overview

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1869 Excerpt: ... be in the custody of the court. 93. Any official liquidator may resign or be removed by the court on due cause shown: and any vacancy in the office of an official liquidator appointed by the court shall be filled by the court: there shall be paid to the official liquidator such salary or remuneration, by way of percentage or otherwise, as the court may direct; and if more liquidators than one are appointed, such remuneration shall be distributed amongst them in such proportions as the court directs. 94. The official liquidator or liquidators shall be described by the style of the official liquidator or official liquidators of the particular company in respect of which he is or they, are appointed; and not by his or their individual name or names; he or they shall take into his or their custody, or under his or their control, all the property, effects and things in action to which the company is or appears to be entitled, and shall perform such duties in reference to the winding up of the company as may be imposed by the court. 95. The official liquidator shall have power, with the sanction of the court, to do the following things:--To bring or defend any action, suit or prosecution, or other legal proceeding, civil or criminal, in the name and on behalf of the company: To carry on the business of the company, so far as may be necessary for the beneficial winding up of the same: To sell the real and personal and heritable and moveable property, effects and things in action of the company by public auction or private contract, with power to transfer the whole thereof to any person or company, or to sell the same in parcels; To do all acts, and to execute, in the name and on behalf of the company, all deeds, receipts and other documents, and for that purpose ...
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Product Details

  • ISBN-13: 9781230391755
  • Publisher: General Books LLC
  • Publication date: 9/12/2013
  • Pages: 74
  • Product dimensions: 7.44 (w) x 9.69 (h) x 0.15 (d)

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