Wind Up - Law Dictionary Search Results
Balance order
enforcing payment of a call from contributories under s. 206 of the Companies Act, 1929, and (English) Companies Winding-up Rules 1929, rr. 84-88. The order is not a judgment and does not preclude an action for the
Chose
Companies Act, 1862 (see now s. 191 (2) of the (English) Companies Act, 1929), included claims in a winding-up against directors for misfeasance. Part of a debt is not assignable in law under this enactment but the
Committee of Inspection
committee's consent and to follow its directions, see (English) Bankruptcy Act, 1914, ss. 56 and 79. In companies winding up, a similar committee may be appointed by the creditors and contributories: see (English) Companies Act, 1929, ss.
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Disposition of the company's property
the company's property, where a company pays a creditor by cheque between the date of petition and the winding up order against the company, it is illogical to hold that there is an additional disposition in favour
Friendly societies
to certain obiter dicta in McGlade v. Royal London Mutual Insurance Society, (1910) 2 Ch 169. As to winding up, see also Companies Act, 1929, Part X. Consult Brabrook, or Pratt, or Fuller on Friendly Societies.
Distress
Woodfall's L. and T.; Foa, Landlord and Tenant; and Chit. Stat., tit. 'Landlord and Tenant.' See also BANKRUPTCY; WINDING-UP; PREFERENTIAL PAYMENTS.
Dividend
120-123 of the Companies Clauses Consolidation Act, 1845); a distributive share of a bankrupt's estate or on the winding-up of the company, of its assets. As to the liability upon a company in respect of a dividend
Duly constituted according to law
purpose of carrying on a business but simply for the purpose of being registered with a view to winding up. It is not a company entitled to be registered under Part XXII, Chpater II of the Companies
Fraud
instances of acts which have been declared to be or treated as fradulent by statute, see MISFEASANCE; PROSPECTUS; WINDING-UP; FRADULENT PREFERENCE; FRAUDULENT CONVEYANCES; PASSING OFF. Fraud and collusion vitiate even the most solemn proceedings in any civilised
Fraudulent preferences
within three months, Bankruptcy Act, 1914, s. 44; and see Companies Act, 1925, s. 265, in regard to winding-up of companies.
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