Companies Act (Cap. 386), article 290

290. (1) The liquidator shall, within fourteen days after his appointment, deliver to the Regis trar for registration a notice of his appointment stating his name and residence. (2) If the liquidator fails to comply with the requirements of this article he shall be liable to a penalty, and, for every da y during 180 CAP. 386.] COMP ANIES which the default continue s, to a further penalty. When arrangement is binding on members.