Insolvency Act · 2022 Revised Edition · Part 3
23. Statement that receiver or manager appointed
Official textFrom Attorney General's Chambers, unchanged
Where a receiver or manager of the property of a company or of the property in Brunei Darussalam of any other corporation has been
property
“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.
Insolvency appointed, every invoice, order for goods or business letter issued by or on behalf of the company or such other corporation the receiver or manager or the liquidator of the company or such other corporation, being a document on or in which the name of the company or such other corporation appears, shall contain a statement immediately following the name of the company or such other corporation that a receiver or manager has been appointed.
insolvency
“insolvency”, in relation to a company, includes the approval of a voluntary arrangement or the appointment of a judicial manager;
A company or such other corporation and any officer or liquidator of the company or such other corporation and any receiver or manager company or such other corporation who knowingly and wilfully authorises or permits the non-compliance of this section is guilty of an offence and liable on conviction to a fine not exceeding $10,000, and, in the case of a continuing offence, with a further fine not exceeding $500 for every day or part thereof during which the offence continues after conviction.
company
“company” means a company incorporated or registered under the Companies Act;
Terms defined in this Act
company
Defined · s 3“company” means a company incorporated or registered under the Companies Act;
document
Defined · s 3“document” includes summons, notice, order and other legal process, and registers;
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.
Part
Judicial Management
Part
Winding Up of Companies Registered Under Companies Act
Chapter I
Chapter II
Chapter III
Chapter IV
Chapter V
Chapter VI
Chapter VII
Chapter VIII
Chapter IX
Chapter X
Part