Amendment status not verified — confirm the current text below against the official source.
Po'IJJer to make rules. ( 1) The High Court may with the previous sanction of the Government, make rules for ~arry ing mto effect the provisions of this Act. ( 2) In particular and without prejudice to the generality of the forego111g power, such rules may provide- (a) for the appointment and remuneration of receivers ( ot~er than Official Receivers), the audit of the accounts of all receivers and the costs of such audit; (b) for meetings of creditors; (c) for the procedure to be followed where the debtor is a firm; (d) for the procedure to be followed in the case of estates to be administered in a s'll:mmary manner; and (e) for any matter which is to be or may be prescribed. . ( 3) All rules made under this section shall be published 111 the G.azett~ and shall, on such publicatiOn have effect as if enacted 111 this Ad. ' 43 T(. P.J\nl'vfANAGf!.~ r·· Arsf!t~nt Secret::-, ~·d. No. 3~ i J