 | Law reports, digests, etc - 1869 - 810 pages
...to pay its debts. But then, in the Companies' Act, 1862, s. 79, clause 5, is the expression, " when the Court is of opinion that it is just and equitable that the company be wound up." Now, in In re the Suburban Hotel Company, I thought that, where the company was suffering... | |
 | Leone Levi - Commercial law - 1863 - 572 pages
...only for the purpose of winding up its affairs, b. Whenever the company is unable to pay its debts. e. Whenever the Court is of opinion that it is just and equitable that the company should be wound up. 4. An unregistered company shall, for the purposes of this Act, be deemed to be unable to pay its debts,... | |
 | Leonard Shelford - Corporation law - 1863 - 680 pages
...the purpose of winding-up its affairs ; (J.) Whenever the company is unable to pay its debts ; (c.) Whenever the court is of opinion that it is just and equitable that the company should be wound-up : (4.) An unregistered company shall, for the purposes of this act, be deemed to be unable... | |
 | Joseph Smith Taylor - Bankruptcy - 1865 - 518 pages
...up by the Court as hereinafter defined, under the following circumstances ; (that is to say,) (1). Whenever the Company has passed a special resolution...and equitable that the Company should be wound up : 80. A Company under this Act shall be deemed to be unable to pay its debts, (1). Whenever a creditor,... | |
 | Leone Levi - Legislation - 1865 - 586 pages
...inspectors for the same purpose. Regulations are afterwards made for the winding-up of companies : — (1.) Whenever the company has passed a special resolution...just and equitable that the company should be wound np. A company under this Act shall be deemed to be unable to pay its debts — (1.) Whenever a creditor,... | |
 | Richard Spearman E. Farries - Corporation law - 1865 - 206 pages
...incorporation, or suspends business for a whole year: (3.) Whenever the members are less than seven in number: (4.) Whenever the company is unable to pay its debts:*...and equitable that the company should be wound up. * A company shall be deemed to be unable to pay its debts, (S. 80.) (1.) When any creditor of the company,... | |
 | Anthony Pulbrook - 1865 - 238 pages
...members are reduced in number to less than seven :0 4. Whenever the company is unable to pay its debts :f 5. Whenever the court" is of opinion that it is just...and equitable that the company should be wound up. a Definition of the court, sec. 81. b Application to wind up to be made by petition, sec. 82. " Definition... | |
 | Francis William Clark - Partnership - 1866 - 606 pages
...up by the Court as hereinafter defined, under the following circumstances ; (that is to say,) (1.) Whenever the company has passed a special resolution...and equitable that the company should be wound up. LXXX. A company under this Act shall be deemed to be unable to pay its debts, (1.) Whenever a creditor,... | |
 | Hong Kong. Legislative Council - 1866 - 626 pages
...be made by Petition. Power of Court Commencement of winding-up by Court. Court may grant Injunction. (3.) Whenever the Members are reduced in Number to...and equitable that the Company should be wound up. LXXVIII. A Company under this Ordinance shall be deemed to be unable to pay its Debts, (1.) Whenever... | |
 | John Hendry - Conveyancing - 1867 - 628 pages
...it does not commence its business within a year from its incorporation, or suspends its business for a whole year. 3. Whenever the members are reduced...and equitable that the company should be wound up ; 25 and 26 Viet., c. 89, \ 79, For which purpose an application may be made by the company, or by... | |
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Whenever the Court is of opinion that it is just and equitable that the company should be wound up. 
