 | Henry Hurrell, Sir Clarendon Golding Hyde - Stock companies - 1883 - 478 pages
...the purpose of winding up its affairs ; (6.) Whenever the company is unable to pay ite debts; (c.) Whenever the Court is of opinion that it is just and equitable that the company should be wound ii ji : (4.) An unregistered company shall, for the purposes of this Act, be deemed to be unable to... | |
 | Jaycee (pseud.) - 1883 - 142 pages
...company a demand for payment, and the company for three weeks afterwards has not paid that sum). V. If the Court is of opinion that it is just and equitable that it should be wound up. The court appoints a functionary called an official liquidator, — very often... | |
 | Saint Vincent - Law - 1884 - 480 pages
...reduced in number to less than seven : (A.) Whenever the Company is unable to pay its debts : (5.) Whenever the Court is of opinion that it is just and equitable that the Company should be wound up. A Company under this Act shall be deemed to be unable to pay its debts — (1.) Whenever a creditor,... | |
 | John Frederick Haynes - English law - 1884 - 736 pages
...European Life Assurance Society, 9 Eq. 122.) When company deemed unable to pay debts. "The court." (5.) Whenever the court is of opinion that it is just and equitable that the company should be wound-up.(a) 80. A company under this Act shall be deemed to be unable to pay its debts : — (1.)... | |
 | Accounting - 1884 - 512 pages
...only for the purpose of winding-up its i flairs. (b.) Whenever it is unable to pay its debts. (c.) Whenever the Court is of opinion that it is just and equitable that the company shall be wound up : (Companies' Act 1862, s. 199, sub-sect. 3). A registered company may be wound-up... | |
 | Joshua Slater - Commercial law - 1884 - 244 pages
...reduced in number to less than seven ; 4. — Whenever the company is unable to pay its debts ; 5. — Whenever the Court is of opinion that it is just and equitable that the company shall be wound up ; * Commencement The winding up of a company by the ofwindingup " ' t JJ by court.... | |
 | Law - 1885 - 308 pages
...registered under the Act 190. The application was under section 73 — a general clause that where the Court is of opinion that it is just and equitable that the company should be wound-up it may make an order for winding-up. The first and most material ground of the application... | |
 | India, Louis Pitman Russell - Corporation law - 1885 - 514 pages
...whenever the Company is unable to pay its debts ; («) whenever for any other reason of a like nature the Court is of opinion that it is just and equitable that the Company should bo wound up. Sec. 79 of the English Companies' A<:t (25 and 26 Vio., c. 89), 1862; and sec. 101 of... | |
 | Benjamin Russell - 1885 - 606 pages
...such period ; when the members shall have become reduced below seven, and whenever the court shall be of opinion that it is just and equitable that the company should be wound up. It may be that each of the many provisions of the Canadian act is not applicable to each of the companies... | |
 | Canada. Parliament. Senate - Canada - 1886 - 1000 pages
...in its very first clause provides. 616 Insolvent Banks and [MAY 18, 1886] Trading Corporations BUI. Whenever the Court is of opinion that it is just and equitable that the Company should be wound up, it may make an order for that purpose upon application by petition on behalf of 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. 
