Advocate, representing the Registrar of Companies, opposed the petition on the grounds that the company had shareholders and not a majority of British directors, Mr. Hartopp said that, as it was a private company, subscribers could Appoint their directors, who could be made responsible to fie past returns and to carry out all its obligations.
The Crown Advocate insisted that, if the Company were revived, must be ina position to give an Undertaking to full its obligations.
"Judge Grant Jones said.he thought the best course would be to adjourn the cate sine die in order that counsel might agree upon the terms: whereby the company be restored. If they could agree, they could bring it to Court and he was prepared to make an order under those terms, If they could not agree, then he would have to give a decision one way oF another at a later date,
Text read from the printed page and cleaned; old type leaves the occasional error.