Insolvency Act · 2022 Revised Edition · Part 10
234. Duty to co-operate with Executive Manager
Official textFrom Attorney General's Chambers, unchanged
Where an Executive Manager is appointed, it is the duty of each of the persons mentioned in subsection (2) to —
Executive Manager
“Executive Manager” means a person appointed as such under section 230(1);
give to the Executive Manager such information concerning the company and its promotion, formation, business, dealings, affairs or property as the Executive Manager may require;
attend on the Executive Manager at such time and place as he may require;
otherwise give the Executive Manager all assistance in connection with the carrying out of his functions or the exercise of his powers which they are reasonably able to give.
The persons referred to in subsection (1) are —
any person who is or was a director, controller, manager, employee, agent, banker, auditor, legal adviser or shareholder of the company;
Insolvency
any other person who the Executive Manager considers is or may be in possession of information which the Executive Manager believes to be relevant to the exercise of any of his powers.
Terms defined in s 3
company
Defined · s 3“company” means a company incorporated or registered under the Companies Act;
Executive Manager
Defined · s 3“Executive Manager” means a person appointed as such under section 230(1);
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.