FOURTH
SCHEDULE
[See section 45D(2)]
List of Debtors
1. The official liquidator shall from time to time submit
list of debtors to the High Court, each list being verified
by an affidavit.
2. Every such list shall contain the following particulars:
(a) names and addresses of the debtors;
(b) amount of debt due to the banking company by each debtor;
(c) rate of interest, if any, and the date up to which such
interest has been calculated in the case of each debtor;
(d) description of papers, writings, and documents, if any,
relating to each debt;
(e) relief or reliefs claimed against each debtor.
3. (a) In every such list, the official liquidator shall
distinguish between the debts for which the banking company
holds and security other than a personal security and the
debts for which no security or only a personal security is
given;
(b) In the case of secured debts, particulars of the securities
claimed by the ban king company, and whenever possible their
estimated value, and the names and addresses of person or
persons, if any, having an interest in the securities or the
right of redemption therein;
(c) In case the debt is guaranteed by any person or persons,
the name and address of the guarantor or guarantors with particulars
as to the extent to which the debt is guaranteed and description
of documents, papers or writings in support of such guarantee.
4. If the debtor is adjudged insolvent either before or after
he has been included in any such list, but before such list
is settled, the name and address of the assignee or the receiver
of his estate, as the case may be, should be stated in, or
added to, the list.
5. If the original debtor dies either before or after he
has been included in any such list, but before such list is
settled, there shall be substituted in his place the names
and addresses of his legal representatives as far as the official
liquidator is able to ascertain.
|