Insolvency Act · 2022 Revised Edition · Part 7
207. Court’s enforcement powers under section 206
Official textFrom Attorney General's Chambers, unchanged
If it appears to the Court, on consideration of any evidence obtained under section 206 or this section, that any person has in his possession any property of the company, the Court may, on the application of the office holder, order that person to deliver the whole or any part of the property to the office holder at such time, in such manner and on such conditions as the Court thinks fit.
Court
“Court”, in relation to a company, means a court having jurisdiction to wind up the company;
If it appears to the Court, on consideration of any evidence so obtained, that any person is indebted to the company, the Court may, on the application of the office holder, order that person to pay to the office holder, at such time and in such manner as the Court may direct, the whole or any
company
“company” means a company incorporated or registered under the Companies Act;
Insolvency 162
insolvency
“insolvency”, in relation to a company, includes the approval of a voluntary arrangement or the appointment of a judicial manager;
part of the amount due, whether in full discharge of the debt or otherwise, as the Court thinks fit.
The Court may, if it thinks fit, order that any person, who if within the jurisdiction of the Court would be liable to be summoned to appear before it under section 206 or this section, shall be examined in —
Brunei Darussalam where he may for the time being be; or
a place outside Brunei Darussalam.
Any person who appears or is brought before the Court under section 206 or this section may be examined on oath concerning the company or the matters mentioned in section 206(2)(c).
Adjustment of prior transactions (judicial management and liquidation)
Terms defined in s 3
company
Defined · s 3“company” means a company incorporated or registered under the Companies Act;
Court
Defined · s 3“Court”, in relation to a company, means a court having jurisdiction to wind up the company;
insolvency
Defined · s 3“insolvency”, in relation to a company, includes the approval of a voluntary arrangement or the appointment of a judicial manager;
property
Defined · s 3“property”, in relation to a company, includes money, goods, things in action and every description of property, whether real or personal, and whether in Brunei Darussalam or elsewhere, and also obligations and every description of interest whether present or future or vested or contingent arising out of, or incidental to, property.