juris

Section 231: Report by administrator

Insolvency Act · PART III: WINDING UP AND ALTERNATIVES

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

231. Report by administrator (1) An administrator may lodge a report with the Director specifying any matter that, in his opinion, should be brought to the Director’s notice. (2) An administrator shall as soon as practicable report the matter to the Director where he believes that— (a) a past or present officer or shareholder of the company may have committed an offence involving dishonesty or an offence under section 212, 213 or 240 of the Companies Act; or I14 – 133 [Issue 3] Insolvency Act (b) a person who has taken part in the formation, promotion, administration, management or liquidation of the company— (i) may have misapplied or retained or become liable or accountable for the company’s money or property in Mauritius or elsewhere; or (ii) may have been guilty of negligence, default or breach of duty or trust in relation to the company. (3) In any case where the administrator makes a report under subsection (2), the administrator shall give to the Director such assistance as the Director may reasonably require by way of— (a) provision of information; (b) access to documents; and (c) facilities for inspecting and copying documents. (4) In any case where the Court is satisfied that the administrator should make a report under subsection (2) and has not done so, the Court may, on the application of an interested person, direct the administrator to make a report.

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