COMPANIES ACT, 1929

656

the court orders that no statement shall be submitted, as soon as
practicable after the date of the order, submit a preliminary report
to the court—

(a) as to the amount of capital issued, subscribed, and paid up,

and the estimated amount of assets and liabilities; and

(6) if the company has failed, as to the causes of the failure;

and

whether in his opinion further inquiry is desirable as to
any matter relating to the promotion, formation, or failure
of the company, or the conduct of the business thereof.

(2) The official receiver may also, if he thinks fit, make a further
report, or further reports, stating the manner in which the company
was formed and whether in his opinion any fraud has been committed
by any person in its promotion or formation, or by any director or
other officer of the company in relation to the gompany since the
formation thereof, and any other matters which in his opinion it is
desirable to bring to the notice of the court.

(3) If the official receiver states in any such further report as
aforesaid that in his opinion a fraud has been committed as aforesaid,
the court shall have the further powers provided in sections two
hundred and sixteen and two hundred and seventeen of this Act.

Liquidators.
183. For the purpose of conducting the proceedings in winding Power of court
: . 5 to appoint
up a company and performing such duties in reference thereto as liquidators.
the court may impose, the court may appoint a liquidator or
liquidators.

184.—(1) Subject to the provisions of this section, the court may
appoint a liquidator provisionally at any time after the presentation
of a winding-up petition.

(2) Where the proceedings are in England, the appointment of
a provisional liquidator may be made at any time before the making
of a winding up order, and either the official receiver or any other fit
person may be appointed.

(3) Where the proceedings are in Scotland, the appointment
of a provisional liquidator may be made at anv time before the
first appointment of liquidators.

(4) Where a liquidator is provisionally appointed by the court,
the court may limit and restrict his powers by the order appointing
him.
185. The following provisions with respect to liquidators snal
have effect on a winding-up order being made in England :~
(1) The official receiver shall by virtue of his office become the
provisional liquidator and shall continue to act as such until
he or another person becomes liquidator and is capable of
acting as such:

Appointment
and powers of
provisional
liquidator.

Appointment,
style, &c., of
liquidators in
England.