024 Liquidation. See Winding-up ; Liquidator Liquidator, 227 ef seg. And see Voluntary winding-up ; Winding-up account, final, for general meeting, 266 form of, 266 accounts, keeping of, 244 to be laid before meeting of company, 256, 266 actions in name of company, 240 additional, 266 agent of company, in position of, 239, 242, 264 agents, may employ, 240, 247 applications to the Court, 230, 232, 263 by contributories and creditors, 263 for company’s nominee to be liquidator, in creditor's voluntary winding-up, 235 nature of, 263 stay of action, for, 238, 250 when may be made, 263 appointment of (voluntary winding-up), 232 by Court, 265 creditors’ voluntary winding-up, in, 235 evidence of, go, 232 members’ voluntary winding-up, in, 234 more than one may be appointed, 233 not in creditor’s voluntary winding-up, 235 statutory declaration as to, 232 registrar, notice to be delivered to, 241 assets, distribution of, 258, 262 principles of, 262 priority in, 258 assets mortgaged to debenture holders, position of, 251 assets, disposal of surplus, 262 assets, purchase of, by, forbidden, 238 audit of accounts, 256 balance orders, 254 bankruptcy of, vacates office, 266 bankruptcy of contributory, proof in, 240 Board of Trade control over, 256 et seq. accounts, may enforce audit of, 256 criminal proceedings, costs of, when borne by, 257 release of liquidator by, 228 returns to be made to, 256 unclaimed assets, particulars of, to be given to, 256 book debts of company, how far control over, 242, 246 books of company, possession of, by, 241 disposal of, meeting may determine, 267 duty to see carefully into existence, etc., of, 241 lien, if anyone has a duty to remove, etc., 241 borrowing money, Court sanction desirable for, 246 broker, may employ, 247 business, carrying on company’s, 239, 245, 265 application to Court for, 245 beneficial winding-up, necessary for, 245, 265 debts incurred in course of, 246 what involved in, right to, 246 what precautions necessary, 265 calls, power to make, 240, 252, 262 care in managing companv’s affairs, 26x INDEX