(Extension of 14 days granted)
Shanghai, Feb. 25. allotment of shares under Section 44 of the Companies' Ordinances 1932, was made in HM. Supreme Court yesterday by Saunders & Hunt Lid, a British firm with offices in Shang" hal, In granting an extension of 14 days, Judge Sir Allan Mossop eriticlzed the carelessness of many British firms in not Ming the returns at the [appropriate time.
Mr. P. Watkin Williams, appearing for the applicants, stated that Saunders Hunt Lid. was a private company incorporated in July 1938. Owing to inadvertence. he continued, a return of an allotment of shares had not been filed with the Rexistrar of Comanes and he asked for an extension of time in which to Mle this return, Aller Mr. Victor Priestwood. Crown Advocate, appearing for the Registrar of Companies, had offered no objec: tions, His Lordship stated that there had been considerable carelessness by various companies in the past. This was about the hundredth ease' of its Kind which had appeared before him and there was really no excuse to be offered for the people who Roated these companies and pretended to run them.
Text read from the printed page and cleaned; old type leaves the occasional error.