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Registration of Charges (s. 122) |
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122. Amendment of section 99 of the Principal Act. |
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Winding Up by the Court (ss. 123-127) |
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123. Amendment of sections 214 and 345 of Principal Act. |
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124. Amendment of section 231 of the Principal Act. |
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125. No lien over company's books, records, etc. |
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126. Power of court to summon persons for examination. |
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127. Order for payment or delivery of property against person examined under section 245 of Principal Act. |
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Declaration of Solvency (s. 128) |
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128. Statutory declaration of solvency in case of proposal to wind up voluntarily. |
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Provisions applicable to a Members' Voluntary Winding Up (s. 129) |
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129. Duty of liquidator to call creditors' meeting if he is of opinion that company is unable to pay its debts. |
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Provisions applicable to a Creditors' Voluntary Winding Up (ss. 130-131) |
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130. Amendment of section 266 of the Principal Act. |
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131. Creditors' voluntary winding up. |
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Provisions applicable to every Voluntary Winding Up (ss. 132-133) |
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132. Amendment of section 275 of the Principal Act. |
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133. Consent to appointment as liquidator and notification of appointment. |
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Provisions applicable to every Winding Up (ss. 134-145) |
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134. Preferential payments in a winding up. |
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135. Fraudulent preference. |
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136. Circumstances in which floating charge is invalid. |
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137. Criminal liability of persons concerned for fraudulent trading of company. |
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138. Civil liability of persons concerned for fraudulent or reckless trading of company. |
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139. Power of the court to order the return of assets which have been improperly transferred. |
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140. Company may be required to contribute to debts of related companies. |
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141. Pooling of assets of related companies. |
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142. Amendment of section 298 of the Principal Act. |
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143. Amendment of section 299 of the Principal Act. |
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144. Duty of liquidators and receivers to include certain information in returns etc. |
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145. Penalty for default of receiver or liquidator in making certain accounts and returns. |
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Supplementary Provisions (ss. 146-148) |
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146. Disqualification for appointment as liquidator. |
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147. Disclosure of interest by creditors etc. at creditors' meetings. |
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148. Extension of power of court to assess damages against directors. |
