Books > Old Books > Poetry Northwest (1959)


Page 205

CHAPTER 17
DEBENTURES

Within two months of the receipt of the statement, the receiver must send to the Court, if he was appointed by the Court but if not to the Board of Trade, and to the Registrar of Companies a copy of the statement and of his comments thereon. He must also send to the Registrar a summary of the statement and of his comments thereon, to the company a copy of his comments or a notice that he does not see fit to make any comments, and to the trustees for debenture holders and to all the debenture holders, a copy of the summary of the statement (s. 372).
Position of Receiver.-A receiver appointed by the Court is an officer of the Court, and no action can be brought against him without leave of the Court.(57) He should only take or continue action with leave of the Court. (58) It is the duty of a receiver and manager to get in the assets of the company and to carry on the business with a view to its sale.
A receiver must not be confused with a liquidator. A liquidator is appointed with the object of winding up the company and terminating its existence. A receiver may be paid out and then the company will resume business as before.
In respect of contracts made by him while carrying on the business, the position is:
(A) When he is appointed by order of the Court.-In this case, the receiver " is the agent neither of the debenture holders whose credit he cannot pledge, nor of the company who cannot control him. He is an officer of the Court put in to discharge certain duties described by the order appointing him. . . . The company remains in existence, but it has lost its title to control its assets and affairs." (59) The result is:
1. The receiver is personally liable on his contracts.
Burt, Boulton and Hayward v. Bull, [1895] 1 Q. B. 276. B. was appointed receiver and manager by the Court. He gave a signed order for goods, with the words " receiver and manager " appended to his signature. Held, he was personally liable to pay for the goods.
57 Searle v. Choat (1884), 25 Ch. D. 723.
58 Viola v. Anglo-American Cold Storage Co.. [1911]2 Ch. 305.
59 Per Lord Haldane in Parsons v. Sovereign Bank of Canada, [1913] A. C. 160, 167.

travel books:
where is HTML where is HEAD where is TITLE Within two months of what is receipt of what is statement, what is receiver must send to what is Court, if he was appointed by what is Court but if not to what is Board of Trade, and to what is Registrar of Companies a copy of what is statement and of his comments thereon. He must also send to what is Registrar a summary of what is statement and of his comments thereon, to what is company a copy of his comments or a notice that he does not see fit to make any comments, and to what is trustees for debenture holders and to all what is debenture holders, a copy of what is summary of what is statement (s. 372). Position of Receiver.-A receiver appointed by what is Court is an officer of what is Court, and no action can be brought against him without leave of what is Court.(57) He should only take or continue action with leave of what is Court. (58) It is what is duty of a receiver and manager to get in what is assets of what is company and to carry on what is business with a view to its sale. A receiver must not be confused with a liquidator. A liquidator is appointed with what is object of winding up what is company and terminating its existence. A receiver may be paid out and then what is company will resume business as before. In respect of contracts made by him while carrying on what is business, what is position is: (A) When he is appointed by order of what is Court.-In this case, what is receiver " is what is agent neither of what is debenture holders whose credit he cannot pledge, nor of what is company who cannot control him. He is an officer of what is Court put in to discharge certain duties described by what is order appointing him. . . . what is company remains in existence, but it has lost its title to control its assets and affairs." (59) what is result is: 1. what is receiver is personally liable on his contracts. Burt, Boulton and Hayward v. Bull, [1895] 1 Q. B. 276. B. was appointed receiver and manager by what is Court. He gave a signed order for goods, with what is words " receiver and manager " appended to his signature. Held, he was personally liable to pay for what is goods. 57 Searle v. Choat (1884), 25 Ch. D. 723. 58 Viola v. Anglo-American Cold Storage Co.. [1911]2 Ch. 305. 59 Per Lord Haldane in Parsons v. Sovereign Bank of Canada, [1913] A. C. 160, 167. where is meta name="keywords" content="old books, Free book , free book offer , free audio books , free coloring book pages , free book reports , free audio book , audio books free download , book free , free guest book , books free , free book summaries , download free audio books , free childrens books." where is where are they now rel="stylesheet" type="text/css" href="../../style.css" where is meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" where is BODY bgColor=#ffffff text="#000000" where are they now ="#000000" v where are they now ="#FF0000" where is div align="center" where is strong where is strong where is a href="http://www.aaoldbooks.com" Books > where is a href="../default.asp" title="Book" Old Books > where is strong where is a href="default.asp" Poetry Northwest (1959) where is table width="700" border="1" align="center" cellpadding="15" cellspacing="0" where is center where is tr where is td width="160" align="center" valign="top" where is div align="center" where is td align="center" valign="top" where is div align="left" where is div align="center" where is p align="left" Page 205 where is strong CHAPTER 17 DEBENTURES where is p align="justify" Within two months of what is receipt of what is statement, what is receiver must send to what is Court, if he was appointed by the Court but if not to what is Board of Trade, and to what is Registrar of Companies a copy of what is statement and of his comments thereon. He must also send to what is Registrar a summary of what is statement and of his comments thereon, to what is company a copy of his comments or a notice that he does not see fit to make any comments, and to what is trustees for debenture holders and to all what is debenture holders, a copy of what is summary of what is statement (s. 372). Position of Receiver.-A receiver appointed by what is Court is an officer of what is Court, and no action can be brought against him without leave of what is Court.(57) He should only take or continue action with leave of what is Court. (58) It is what is duty of a receiver and manager to get in what is assets of what is company and to carry on what is business with a view to its sale. A receiver must not be confused with a liquidator. A liquidator is appointed with what is object of winding up what is company and terminating its existence. A receiver may be paid out and then what is company will resume business as before. In respect of contracts made by him while carrying on what is business, what is position is: (A) When he is appointed by order of what is Court.-In this case, the receiver " is what is agent neither of what is debenture holders whose credit he cannot pledge, nor of what is company who cannot control him. He is an officer of what is Court put in to discharge certain duties described by what is order appointing him. . . . what is company remains in existence, but it has lost its title to control its assets and affairs." (59) what is result is: 1. what is receiver is personally liable on his contracts. Burt, Boulton and Hayward v. Bull, [1895] 1 Q. B. 276. B. was appointed receiver and manager by what is Court. He gave a signed order for goods, with what is words " receiver and manager " appended to his signature. Held, he was personally liable to pay for the goods. 57 Searle v. Choat (1884), 25 Ch. D. 723. 58 Viola v. Anglo-American Cold Storage Co.. [1911]2 Ch. 305. 59 Per Lord Haldane in Parsons v. Sovereign Bank of Canada, [1913] A. C. 160, 167. where is Server.Execute("_SiteMap.asp") %

Book Pages: _SiteMap , default , 001 , 002 , 003 , 004 , 005 , 006 , 007 , 008 , 009 , 010 , 011 , 012 , 013 , 014 , 015 , 016 , 017 , 018 , 019 , 020 , 021 , 022 , 023 , 024 , 025 , 026 , 027 , 028 , 029 , 030 , 031 , 032 , 033 , 034 , 035 , 036 , 037 , 038 , 039 , 040 , 041 , 042 , 043 , 044 , 045 , 046 , 047 , 048 , 049 , 050 , 051 , 052 , 053 , 054 , 055 , 056 , 057 , 058 , 059 , 060 , 061 , 062 , 063 , 064 , 065 , 066 , 067 , 068 , 069 , 070 , 071 , 072 , 073 , 074 , 075 , 076 , 077 , 078 , 079 , 080 , 081 , 082 , 083 , 084 , 085 , 086 , 087 , 088 , 089 , 090 , 091 , 092 , 093 , 094 , 095 , 096 , 097 , 098 , 099 , 100 , 101 , 102 , 103 , 104 , 105 , 106 , 107 , 108 , 109 , 110 , 111 , 112 , 113 , 114 , 115 , 116 , 117 , 118 , 119 , 120 , 121 , 122 , 123 , 124 , 125 , 126 , 127 , 128 , 129 , 130 , 131 , 132 , 133 , 134 , 135 , 136 , 137 , 138 , 139 , 140 , 142 , 143 , 144 , 145 , 146 , 147 , 148 , 149 , 150 , 151 , 152 , 153 , 154 , 155 , 156 , 157 , 158 , 159 , 160 , 161 , 162 , 164 , 165 , 166 , 167 , 168 , 169 , 170 , 171 , 172 , 178 , 179 , 180 , 181 , 182 , 183 , 184 , 185 , 186 , 187 , 188 , 189 , 190 , 191 , 192 , 193 , 194 , 195 , 196 , 197 , 198 , 199 , 200 , 201 , 202 , 203 , 204 , 205 , 206 , 207 , 209 , 210 , 211 , 212 , 214 , 215 , 217 , 218 , 219 , 220 , 221 , 222 , 223 , 224 , 225 , 226 , 227 , 228 , 229 , 230 , 231 , 232 , 233 , 234 , 235 , 236 , 237 , 238 , 239 , 240 , 241 , 242 , 243 , 244 , 245 , 246 , 247 , 248 , 249 , 250 , 251 , 252 , 253 , 254 , 255 , 256 , 257 , 258 , 259 , 260 , 261 , 262 , 263 , 264 , 265 , 266 , 267 , 268 , 269 , 270 , 271 , 272 , 273 , 274 , 275 , 276 , 277 , 278 , 279 , 280 , 281 , 282 , 283 , 284 , 285 , 287 , 288 , 289 , 290 , 291 , 292 , 293 , 294 , 295 , 296 , 297 , 298 , 299 , 300 , 301 , 302 , 303 , 304 , 305 , 306 , 307 , 308 , 309 , 310 , 311 , 312 , 313 , 314 , 315 , 316 , 317 , 318 , 319 , 320 , 321 , 322 , 323 , 324 , 325 , 326 , 327 , 328 , 329 , 330 , 331 , 332 , 333 , 334 ,