A Manual of the Practice as to Winding-up in the High Court and in the County Court: Being the Companies (Winding-up) Act, 1890 and the Winding-up of Companies and Associations (part IV. of the Companies Act, 1862) as Now Amended with Notes and the Companies Winding-up Rules, 1890, Forming a Supplement to A Complete Practice of the County Courts

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Stevens and Sons, 1891 - 171 pages
 

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Page 64 - Act destroys, mutilates, alters, or falsifies any books, papers, writings, or securities, or makes or is privy to the making of any false or fraudulent entry in any register, book of account, or other document belonging to the company with intent to defraud...
Page 55 - ... may, in making a call, take into consideration the probability that some of the contributories upon whom the same is made may partly or wholly fail to pay their respective portions of the same.
Page 53 - Association expires, or whenever the event, if any, occurs, upon the occurrence of which it is provided by the Articles of Association that the company is to be dissolved, and the company in general meeting has passed a resolution requiring the company to be wound up voluntarily : 2.
Page 54 - Consequences 133. The following consequences shall ensue upon the of voluntary voluntary winding up of a company : winding up. (j _) j^g property of the company shall be applied in satisfaction of its liabilities pari passu, and, subject thereto, shall, unless it be otherwise provided by the regulations of the company, be distributed amongst the members according to their rights and interests in the company...
Page 7 - We should like to see it placed by his principal in the hands of every articled clerk One of the most useful practical works we have ever seen."- Indermaur's Law Students
Page 10 - Wharton's Law Lexicon. — Forming an Epitome of the Law of England, and containing full explanations of the Technical Terms and Phrases thereof, both Ancient and Modern ; including the various Legal Terms used in Commercial Business. Together with a Translation of the Latin Law Maxims and selected Titles from the Civil, Scotch and Indian Law. Seventh Edition. By JM LELY, Esq., Barrister-at-Law, Editor of " Chitty's Statutes,
Page 62 - ... or an authority in respect of any particular arrangement, receive, in compensation or part compensation for such transfer or sale, shares, policies or other like interests in such other company, for the purpose of distribution amongst the members of the company being wound up...
Page 60 - ... no responsibility shall rest on the company, or the liquidators, or any one to whom the custody of such books, accounts, and documents has been committed...
Page 41 - To sell the real and personal and heritable and moveable property, effects and things in action of the company by public auction or private contract, with power to transfer the whole thereof to any person or company, or to sell the same in parcels...
Page 16 - If a trustee at any time retains for more than ten days a sum exceeding fifty pounds, or such other amount as the Board of Trade in any particular case...

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