Western Australian Consolidated Acts Western Australian Consolidated Acts (1) Where the Court
has made a winding-up order, the official liquidator unless the court
otherwise directs shall, as soon as practicable after receipt of the statement
of the company’s affairs, to be submitted under the last preceding
section, or, in a case where the Court orders that no statement shall be
submitted, as soon as practicable after the date of the order, submit a
preliminary report to the Court —
(a) as
to the amount of capital issued, subscribed, and paid up, and the estimated
amount of assets and liabilities; and
(b) if
the company has failed, as to the causes of failure; and
(c)
whether in his opinion further inquiry is desirable as to any matter relating
to the promotion, formation or failure of the company or the conduct of the
business thereof.
(2) The official
liquidator may also, if he thinks fit, make a further report or further
reports stating the manner in which the company was formed, and whether in his
opinion any fraud has been committed by any person in its promotion or
formation, or by any director or other officer of the company in relation to
the company since the formation thereof, and any other matters which in his
opinion it is desirable to bring to the notice of the Court.
(3) If the official
liquidator states in any such further report as aforesaid that in his opinion
a fraud has been committed as aforesaid, the Court shall have the further
powers provided in sections 225 and 226.