(C

SECRETARIAL PRACTICE
property, which forms part of the assets of the company
and which, after the execution of the assurance, either at
law or in equity, is or remains part of the assets of the
company; and
every power of attorney, proxy paper, writ, order, certificate,
affidavit, bond or other instrument or writing relating solely
to the property of any company which is being so wound up,
or to any proceeding under any such winding-up,
shall be exempt from duties chargeable under the enactments relating
to stamp duties.

(2) In the case of such a winding up as aforesaid of a company
registered in Scotland,

(a) every conveyance relating solely to property which forms
part of the assets of the company and which, after the
execution of the conveyance, is or remains the property of
the company for the benefit of its creditors; and
every power of attorney, commission, factory, oath,
affidavit, articles of roup or sale, submission, decree arbitral,
and every other instrument and writing whatsoever relating
solely to the property of the company; and
every deed or writing forming a part of the proceedings in
the winding up,

shall be exempt from duties chargeable under the enactments
relating to stamp duties.

(3) In subsection (1) of this section the expression ‘“assurance’’
includes deed, conveyance, assignment and surrender, and in sub-
section (2) of this section the expression ‘conveyance’ includes
assignation, instrument, discharge. writing and deed.

Books of com-
pany to be
evidence.

282. Where a company is being wound up, all books and papers
of the company and of the liquidators shall, as between the con-
tributories of the company, be primé facie evidence of the truth of
all matters purporting to be therein recorded.
Disposal of 283.—(1) When a company has been wound up and is about to be
books and papers issolved, the books and papers of the company and of the liauidators
may be disposed of as follows, that is to say: —

(a) In the case of a winding up by, or subject to the supervision

of, the court in such way as the court directs;

In the case of a members’ voluntary winding up, in such
way as the company by extraordinary resolution directs,
and, in the case of a creditors’ voluntary winding up, in
such way as the committee of inspection or, if there is no
such committee, as the creditors of the company, may
direct.

(2) After five years from the dissolution of the company no
responsibility shall rest on the company, the liquidators, or any
person to whom the custody of the books and papers has been com-
mitted, by reason of any book or paper not being forthcoming to any
person claiming to be interested therein.