Singapore legislation
Clause 309
Clause 309
Official Receiver to act as representative of defunct company in certain events
(1)
Where after a company has been dissolved it is proved to the satisfaction of the Official Receiver —
that the company if still existing would be legally or equitably bound to carry out complete or give effect to some dealing, transaction or matter; and
that in order to carry out complete or give effect thereto some purely administrative act, not discretionary, should have been done by or on behalf of the company, or should be done by or on behalf of the company if still existing,the Official Receiver may as representing the company or its liquidator under the provisions of this section do or cause to be done any such act.[Aust.s. 309.]
(2)
The Official Receiver may execute or sign any relevant instrument or document adding a memorandum stating that he has done so in pursuance of this section, and such execution or signature shall have the same force, validity and effect as if the company if existing had duly executed such instrument or document.