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(8) Where a person referred to in subsection (7) makes no objection to any matter
referred to in paragraph (a), (b) or (c) of that subsection within seven days of the notification
thereof in terms of subsection (3), or where a judge issues a confirming order in terms of
subsection (7) in relation to any matter in issue, the person concerned shall become a culpable
person for the purposes of this Act.
(9) A person referred to in subsection (7) shall bear the onus of satisfying the
administrator or a judge that any amendment, rescission or variation of any matter referred to
in paragraph (a), (b) or (c) of that subsection should be made in his or her favour.
(10) A decision by a judge not to issue a confirming order in terms of subsection (7), or
to issue it subject to any amendment, rescission or variation of any matter referred to in
paragraph (a), (b) or (c) of that subsection in favour of a respondent, shall not prevent the
administrator from making a fresh application in terms of that subsection on the basis of new
evidence obtained since the original application, or to correct any mistake in the original
application, and subsections (3), (7), (8) and (9) shall apply to such fresh application.
(11) Any person shall be entitled by himself or by his agent at all reasonable times, on
payment of the fee fixed by the administrator and notified in the Gazette, to inspect the
statement submitted in pursuance of this section and to a copy thereof or extract therefrom.
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Identification of culpable persons
(1) If, in the course of compiling a statement under section 9, the administrator is of the
opinion that any past or present director of the company or other person who it appears to the
administrator was knowingly a party to the carrying on of the business of the company—
(a) recklessly; or
(b) with gross negligence; or
(c) with intent to defraud any person or for any fraudulent purpose;
or that a fraud has been committed by any person in the promotion or formation of the
company, the administrator may direct that any person who is or has been a director or officer
of the company or has taken part in the promotion or formation of the company shall attend
before him or her on a day and at a place he or she shall appoint for that purpose and be
publicly examined as to the promotion or formation or the conduct of the business of the
company or as to his or her conduct and dealings as director or officer thereof.
(2) An administrator shall for the purposes of this section have the power of summoning
and examining witnesses, administering oaths, requiring the production or delivery of
documents, punishing defaulting or recalcitrant witnesses in terms of subsections (3) to (9),
and allowing costs and expenses to witnesses.
(3) If anu person who has been summoned under subsection (1) fails to appear in answer
to the summons or if that person fails to remain in attendance at the examination, the
administrator at the examination may issue a warrant authorising any member of the police to
apprehend that person and to bring him or her before the administrator.
(4) Upon the apprehension and production before the administrator of any person in
terms of subsection (3), the administrator may, unless satisfied that that person had a
reasonable excuse for failing to appear at or to attend the examination or for absenting himself
or herself from the examination, commit the person to prison to be detained there for a period
not exceeding forty-eight hours.