 | William Henry Somerset Bell, Manfred Nathan - Law - 1902 - 786 pages
...members are reduced to less than 7 in number, (4) Where the company is unable to pay its debts, and (5) Whenever the Court is of opinion that it is just and equitable that the company shall be wound up. As to the last p)wiso, see Fairbridge v. Xm)th African News Co. (17 CLJ 66), where... | |
 | Nathaniel Lindley Baron Lindley - Corporation law - 1902 - 1106 pages
...just and equitable to wind it up. ^¿ upe It is obvious, from the context of the Act, that the words, "whenever the Court is of opinion that it is just and equitable (h) Limgham Skating ¡link Co., 5 see Planters of Mashonaland Syndicate Cli. D. 669 ; Cork Shipping... | |
 | International Correspondence Schools - Banks and banking - 1903 - 646 pages
...reduced in numbers to less than seven; (4) whenever the company is unable to pay its debts; and (5) whenever the court is of opinion that it is just and equitable that the company should be wound up."' 64. Rights of Creditors and Stockholders on Dissolution.— At common law, upon dissolution, called... | |
 | John Wertheimer - 1903 - 278 pages
...are 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 " (c) that the company should be wound up. 82. Any application to the court for a \vinding-up of a... | |
 | Francis Beaufort Palmer - Corporation law - 1904 - 1330 pages
...on. Ejusdem generit rule. (5) Just and Equitable. As to paragraph (5) of sect. 79 : — The words " whenever the Court is of opinion that it is just and equitable that the company should be wound up," in paragraph (5) of sect. 79 of 1862, seem ex facie plain enough, and to invest the Court with full... | |
 | Louis Arthur Goodeve - Personal property - 1904 - 548 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 should be wound up.8 A company is deemed to be unable to pay its debts whenever a Company creditor (by assignment or... | |
 | Charles Bruce Morison - Corporation law - 1904 - 732 pages
...The members are reduced in number to less than seven. (d) The company is unable to pay its debts. (e) The Court is of opinion that it is just and equitable that the company should be wound-up. By Sec. 233 of 1903 the voluntary winding-up of a company shall not be a bar to the right... | |
 | Lehmann - Corporation law - 1904 - 692 pages
...gesetzwidrige Verhalten der Aktiengesellschaft unmittelbar berührt wird, schreitet der Staat kraft 1) „Whenever the Court is of opinion, that it is just and equitable that the company ahxmld be wound up." Die Praxis interpretiert diese Klausel freilich streng. Bloße schlechte Verwaltung... | |
 | L. S. Sealy - Law - 1971 - 920 pages
...the view that this statutory prescription for winding up under the sixth sub-section - namely, when the court is of opinion that it is just and equitable that this should be done - is restricted to cases ejusdem generis with those enumerated in the other subsections... | |
 | Great Britain. Parliament. House of Commons - Great Britain - 1862 - 752 pages
...the Purpose of winding up its Affairs ; 5 (6.) 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 to pay its... | |
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Whenever the Court is of opinion that it is just and equitable that the Company should be wound up. 
