& 
h) 
COMPANIES ACT, 1920 
723 
Provided that, subject to any order made under section 
fifty-seven of the Supreme Court of Judicature (Consolida- 
tion) Act, 1925, and without prejudice to the power to make 
orders of transfer under that Act, the jurisdiction of the 
High Court under this provision shall be exercised by the 
Chancery Division of that Court and provision may be 
made by general rules for regulating the exercise of the said 
jurisdiction: 
A petition for winding up a trustee savings bank may be 
presented by the National Debt Commissioners, or by a 
commissioner appointed under the Trustee Savings Banks 
Act, 1887, as well as by any person authorised under the 
other provisions of this Act to present a petition for 
winding up a company: 
In the case of a limited partnership the provisions of this 
Act with respect to winding up shall apply with such 
modifications, if any, as may be provided by rules made 
by the Lord Chancellor with the concurrence of the President 
of the Board of Trade, and with the substitution of general 
partners for directors. 
50 & 51 Vict 
Cc. 47 
(2) Where a company incorporated outside Great Britain 
which has been carrying on business in Great Britain ceases to 
carry on business in Great Britain, it may be wound up as an un- 
registered company under this Part of this Act, notwithstanding that 
it has been dissolved or otherwise ceased to exist as a company 
under or by virtue of the laws of the countrv under which it was 
incorporated. 
(3) Nothing in this Part of this Act shall affect the operation 
of any enactment which provides for any partnership, association, 
or company, being wound up, or being wound up as a company or 
as an unregistered company, under any enactment repealed by this 
Act, except that references in any such first-mentioned enactment 
to any such repealed enactment shall be read as references to the 
corresponding provision (if any) of this Act. 
339.—(1) In the event of an unregistered company being wound 
up, every person shall be deemed to be a contributory who is liable 
to pay or contribute to the payment of any debt or liability of the 
company, or to pay or contribute to the payment of any sum for 
the adjustment of the rights of the members among themselves, or 
to pay or contribute to the payment of the costs and expenses of 
winding up the company, and every contributory shall be liable 
to contribute to the assets of the company all sums due from him in 
respect of any such liability as aforesaid: 
Provided that, in the case of an unregistered company within 
the stannaries, a past member shall not be liable to contribute to 
the assets of the company if he has ceased to be a member for two 
years or more either before the mine ceased to be worked or before 
the date of the winding-up order. 
Contributories in 
winding up of 
unregistered 
company.