Investor Presentaiton slide image

Investor Presentaiton

. Distinction between receiver/manager appointed by debenture holders and one appointed by court 606 SECTION 14 (B): Accounts and Inquiries 606 . Application for accounts and inquiries 606 • Direction as to manner of taking account 607 Account ordered to be taken may be verified by affidavit 607 • Party who alleges that an account is erroneous in respect of an amount 607 . Where there is undue delay in the prosecution of an account Distribution of fund before all persons entitled to share in a 608 fund is ascertained 608 • The court may direct any necessary account or inquiry to be taken or made 608 • Mode of vouching accounts 609 Surcharge and just allowances 609 SECTION 14 (C): Administration of Estate 609 . Procedures for grant of probate 610 • Whether executors must be expressly mentioned in a Will as such before they can so act 611 • Requirements for validity of will 611 . Whether there is a formal requirement that testator's signature must be at foot of will 612 • Need for court to exercise caution in the use of opinion of handwriting experts 612 . Whom burden of proof of genuineness and authenticity of Will lies 612 • How corrections and alterations in Will are authenticated 613 . Who is the propounder of a Will and who is an executor and how appointed 613 • What amount to propounding of a Will and Burden of proof an propounder of a Will 614 • Probate or administration of the real estate may be granted with that of his personal estate 614 xliii
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