—(1) Where a judicial management order has been made, the judicial manager shall —
immediately send to the Registrar a copy of the order;
immediately send to the company and publish a notice of the order in the Gazette and in an English and Chinese local daily newspaper; and
within 28 days after the making of the order, unless the Court otherwise directs, send such a notice to all creditors of the company (so far as he is aware of the addresses),
and the Registrar shall enter the copy of the order in his records of the company.
(2) A statement as to the affairs of the company shall be made out and submitted to the judicial manager in accordance with section 227L within 21 days after receipt by the company of the notice of the judicial management order. Any longer period allowed by the judicial manager shall not exceed 2 months.
(3) If a person, without reasonable excuse, fails to comply with this section he shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 and also to a default penalty.