Full text: Secretarial practice

COMPANIES ACT, 192g 
711 
(2) If default is made in complying with the requirements of 
this section, the company and every director, manager, secretary 
or other officer of the company, and every liquidator of the company, 
and every receiver or manager, who knowingly and wilfully authorises 
or permits the default, shall be liable to a fine of twenty pounds. 
309. The Court may, on an application made to the court by the 
liquidator of a company, by order fix the amount to be paid by way 
of remuneration to any person who, under the powers contained in 
any instrument, has been appointed as receiver or manager of the 
property of the company, and may from time to time, on an applica- 
tion made either by the liquidator or by the receiver or manager, 
vary or amend any order so made. 
310.—(1) Every receiver or manager of the property of a company 
who has been appointed under the powers contained in any instru- 
ment shall, within one month, or such longer period as the registrar 
of companies may allow, after the expiration of the period of six 
months from the date cf his appointment and of every subsequent 
period of six months, and within one month after he ceases to act 
as receiver or manager, deliver to the registrar of companies for 
registration an abstract in the prescribed form showing his receipts 
and his payments during that period of six months, or, where he 
ceases to act as aforesaid, during the period from the end of the 
period to which the last preceding abstract related up to the date 
of his so ceasing, and the aggregate amount of his receipts and of his 
payments during all preceding periods since his appointment. 
(2) Every receiver or manager who makes default in complying 
with the provisions of this section shall be liable to a fine not exceed- 
ing five pounds for every day during which the default continues. 
311.—(1) If 
(a) any receiver of the property of a company, who has made 
default in filing, delivering or making any return, account 
or other document or in giving any notice, which a receiver 
is by law required to file, deliver, make or give, fails to 
make good the default within fourteen days after the 
service on him of a notice requiring him to do so; or 
any receiver or manager of the property of a company 
who has been appointed under the powers contained in 
any instrument, has, after being required at any time by 
the liquidator of the company so to do, failed to render 
proper accounts of his receipts and payments and to pay 
over to the liquidator the amount properly payable to him; 
the court may, on an application made for the purpose, make an 
order directing the receiver or manager, as the case may be, to 
make good the default within such time as may be specified in the 
order 
Dower of court 
to fix remunera- 
tion on ap- 
plication of 
liquidator. 
Delivery to 
registrar of 
accounts of 
receivers and 
managers. 
Enforcement of 
luty of receiver 
0 make returns, 
ke. 
(2) In the case of any such default as is mentioned in paragraph 
(a) of the last preceding subsection an application for the purposes 
of this section may be made by any member or creditor of the
	        
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