Companies (Winding-up) Rules

Where any money is seized or received by the bailiff in part satisfaction of an
                execution against the goods of a company the same shall be paid into court to the
                credit of a ledger account in the name of the bailiff with a sub-title in the matter
                of the action and if, before the completion of the execution by the receipt or
                recovery of the full amount of the levy, notice is served on the bailiff that a
                provisional liquidator has been appointed or that a winding-up order has been made
                or that a resolution for voluntary winding-up has been passed or that a winding-up
                statement made under
section 228A
of the Ordinance has been delivered to
                the Registrar of Companies under that section, the bailiff shall forthwith inform
                the Registrar of the service of such notice and the Registrar shall, on being so
                required, deliver any money so seized or received in part satisfaction of the
                execution to the liquidator after deducting therefrom the costs of the
                    execution.