Wind Up - Law Dictionary Search Results
Voluntary winding up and winding up by the court
Voluntary winding up and winding up by the court, the expressions 'voluntary winding up' and 'winding up by the Court'
wind up
Matched in: Term wind up
winding up
winding up Liquidating a business
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Inspectorship, Deed of
an insolvent debtor and his creditors, appointing one or more person or persons to inspect and oversee the winding up of such insolvent affairs on behalf of the creditors. See COMPOSITION; and the repealed (English) Bankruptcy Act,
Affairs of a company have been completely wound up
Affairs of a company have been completely wound up, The phrase 'the affairs of a company have been completely wound up' significant. It shows that the expressions 'winding up of a company' and 'winding up of...
Winding-up
effect that it cannot by reason of its liabilities continue its business and that it is advisable to wind up. Thereupon the business of the company is to cease except for the purposes of a beneficial winding-up, but
Preferential payments
Preferential payments, in bankruptcy, administra-tion of estates of persons dying insolvent, and winding up of a company:-One year's rates and taxes, four months' salaries of clerks up to fifty pounds, and
Liquidator
the Act. (2) Liquidators of a company winding-up voluntarily are appointed by the company in general meeting to wind up its affairs and thereupon the powers of the directors shall cease except so far as the company in
Contributory
by the liquidator, viz., one (the 'A list') of those who are shareholders at the time of the winding-up order, and who are primarily liable to contribute, and another (the 'B list') of those who have ceased
Petition
the Court of Bankruptcy, praying that the debtor may be adjudged bankrupt. See ACT OF BANKRUPTCY. Petition to wind up a company. A winding up of a company by order of the Court must be begun by petition
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