Date-stamp loading

Part IV Winding Up (ss. 122-242)

Comparing proposed amendment...
Preliminary (s. 122)
Repealed
122. Modes of winding up.
Contributories (ss. 123-128)
Repealed
123. Liability as contributories of present and past members.
Repealed
124. Definition of contributory.
Repealed
125. Nature of liability of contributory.
Repealed
126. Contributories in case of death of member.
Repealed
127. Contributories in case of bankruptcy of member.
Repealed
128. Provision as to married women.
Winding up by Court (ss. 129-145)
Repealed
129. Circumstances in which company may be wound up by court.
Repealed
130. Company when deemed unable to pay its debts.
Repealed
131. Jurisdiction to wind up companies in England.
Repealed
132. Conduct of winding-up business in High Court in England.
Repealed
133. Transfer of proceedings.
Repealed
134. Jurisdiction to wind up companies in Ireland.
Repealed
135. Jurisdiction to wind up companies in Scotland.
Repealed
136. Power in Scotland to remit winding up to Lord Ordinary.
Repealed
137. Provisions as to applications for winding up.
Repealed
138. Effect of winding-up order.
Repealed
139. Commencement of winding up by court.
Repealed
140. Power to stay or restrain proceedings against company.
Repealed
141. Powers of court on hearing petition.
Repealed
142. Actions stayed on winding-up order.
Repealed
143. Copy of order to be forwarded to registrar.
Repealed
144. Power of court to stay winding up.
Repealed
145. Court may have regard to wishes of creditors or contributories.
Official Receiver (ss. 146-148)
Repealed
146. Definition of official receiver.
Repealed
147. Statement of company's affairs to be submitted to official receiver.
Repealed
148. Report by official receiver.
Liquidators (ss. 149-159)
Repealed
149. Appointment, remuneration, and title of liquidators.
Repealed
150. Custody of company's property.
Repealed
151. Powers of liquidator.
Repealed
152. Meetings of creditors and contributories in English winding up.
Repealed
153. Liquidator to give information to official receiver.
Repealed
154. Payments of liquidator in English winding up into bank.
Repealed
155. Audit of liquidator's accounts in English winding up.
Repealed
156. Books to be kept by liquidator in English winding up.
Repealed
157. Release of liquidators in England.
Repealed
158. Exercise and control of liquidator's powers in England.
Repealed
159. Control of Board of Trade over liquidators in England.
Committee of Inspection, Special Manager, Receiver (ss. 160-162)
Repealed
160. Committee of inspection in English winding up.
Repealed
161. Power in England to appoint special manager.
Repealed
162. Power in England to appoint official receiver as receiver for debenture holders or creditors.
Ordinary Powers of Court (ss. 163-173)
Repealed
163. Settlement of list of contributories and application of assets.
Repealed
164. Power to require delivery of property.
Repealed
165. Power to order payment of debts by contributory.
Repealed
166. Power of court to make calls.
Repealed
167. Power to order payment into bank.
Repealed
168. Order on contributory conclusive evidence.
Repealed
169. Power to exclude creditors not proving in time.
Repealed
170. Adjustment of rights of contributories.
Repealed
171. Power to order costs.
Repealed
172. Dissolution of company.
Repealed
173. Delegation to liquidator of certain powers of court in England.
Extraordinary Powers of Court (ss. 174-177)
Repealed
174. Power to summon persons suspected of having property of company.
Repealed
175. Power in England to order public examination of promoters, directors, &c.
Repealed
176. Power to arrest absconding contributory.
Repealed
177. Powers of court cumulative.
Enforcement of and Appeal from Orders (ss. 178-181)
Repealed
178. Power to enforce orders.
Repealed
179. Order for calls on contributories in Scotland.
Repealed
180. Enforcement of orders throughout United Kingdom.
Repealed
181. Appeals from order.
Voluntary Winding Up (ss. 182-198)
Repealed
182. Circumstances in which company may be wound up voluntarily.
Repealed
183. Commencement of voluntary winding up.
Repealed
184. Effect of voluntary winding up on status of company.
Repealed
185. Notice of resolution to wind up voluntarily.
Repealed
186. Consequences of voluntary winding up.
Repealed
187. Notice by liquidator of his appointment.
Repealed
188. Rights of creditors in a voluntary winding up.
Repealed
189. Power to fill vacancy in office of liquidator.
Repealed
190. Delegation of authority to appoint liquidators.
Repealed
191. Arrangement when binding on creditors.
Repealed
192. Power of liquidator to accept shares, &c. as consideration for sale of property of company.
Repealed
193. Power to apply to court.
Repealed
194. Power of liquidator to call general meeting.
Repealed
195. Final meeting and dissolution.
Repealed
196. Costs of voluntary liquidation.
Repealed
197. Saving for rights of creditors and contributories.
Repealed
198. Power of court to adopt proceedings of voluntary winding up.
Winding Up subject to Supervision of Court (ss. 199-204)
Repealed
199. Power to order winding up subject to supervision.
Repealed
200. Effect of petition for winding up subject to supervision.
Repealed
201. Court may have regard to wishes of creditors and contributories.
Repealed
202. Power for court to appoint or remove liquidators.
Repealed
203. Effect of supervision order.
Repealed
204. Appointment of voluntary liquidator as liquidator in winding up by court in Scotland or Ireland.
Supplemental Provisions (ss. 205-236)
Repealed
205. Avoidance of transfers, &c. after commencement of winding up.
Repealed
206. Debts of all descriptions to be proved.
Repealed
207. Application of bankruptcy rules in winding up of insolvent English and Irish companies.
Repealed
208. Ranking of claims in Scotland.
Repealed
209. Preferential payments.
Repealed
210. Fraudulent preference.
Repealed
211. Avoidance of certain attachments, executions, &c. in case of company registered in England or Ireland.
Repealed
212. Effect of floating charge.
Repealed
213. Effect in case of company registered in Scotland of diligence within sixty days of winding up by or subject to supervision of court.
Repealed
214. General scheme of liquidation may be sanctioned.
Repealed
215. Power of court to assess damages against delinquent directors, &c.
Repealed
216. Penalty for falsification of books.
Repealed
217. Prosecution of delinquent directors, &c.
Repealed
218. Penalty on perjury.
Repealed
219. Meetings to ascertain wishes of creditors or contributories.
Repealed
220. Books of company to be evidence.
Repealed
221. Inspection of books.
Repealed
222. Disposal of books and papers of company.
Repealed
223. Power of court to declare dissolution of company void.
Repealed
224. Information as to pending liquidations in England.
Repealed
225. Judicial notice of signature of officers.
Repealed
226. Special commission for receiving evidence.
Repealed
227. Court may order examination of persons in Scotland.
Repealed
228. Affidavits, &c. in United Kingdom and colonies.
Repealed
229. Companies Liquidation Account defined.
Repealed
230. Investment of surplus funds on general account.
Repealed
231. Separate accounts of particular estates.
Repealed
232. Certain receipts and fees to be applied in aid of expenditure.
Repealed
233. Officers and remuneration.
Repealed
234. Annual accounts of English, winding up.
Repealed
235. Returns by officers in English winding up.
Repealed
236. Proceedings of Board of Trade.
Rules and Fees (ss. 237-238)
Repealed
237. Rules and fees for winding up in England.
Repealed
238. Powers to make rules of procedure.
Special Provisions as to Stannaries (ss. 239-241)
Repealed
239. Attachment of debt due to contributory on winding up in stannaries court.
Repealed
240. Preferential payments in stannaries cases.
Repealed
241. Provisions as to mine club funds.
Removal of Defunct Companies from Register (s. 242)
Repealed
242. Registrar may strike defunct company off register.