INDEX Directors—continued dividends capital, out of, liability for, 188 declaration of, 186, 187 ecclesiastical persons cannot be, 143 election of, resolution, form of, 3:8 employee of, cannot be auditor, 182 excluding, injunction to prevent, - expression, what included in, 1s "extra vires,! 11 extraordinary general meeting, may forfeiture of shares, as to, by, 93, 04 annul, power to, 94 convene, fees erroneously paid, during disqualification, recovery pany, 148 income tax on, i. proof for, in winding-up, : 4 sue for, may, 146 foreign seal, 153 indemnity clause, 22 ‘ insolvency,” meaning of, as a disqualification, 3. 7 interim dividends, powers of, as to, 187 liquidation, position of, during, 239 liquidator’s position in winding-up as regards, 239 power to prosecute delinquent (winding-up), 257 list of, to be delivered to registrar, 7, 149 lunacy of, 147 managing, 142 how distinguished from ordinary, 142 meaning of term, 142 Act of 1929, s. 144, extended meaning, 1. meetings, as to convening, 132 minimum subscription, liability for allotment prior to, named in prospectus, 45 names and addresses of, to be sent to registrar, 149 names of, to be printed on company’s circulars, etc., 149 notices, signatures required upon, 119 office of director, how terminated, 147 particulars of, return of, 148 partner of, cannot be auditor, 18> personal liability of, 14 prospectus, for mis-statements in, . signing, etc., negotiable instruments powers of, borrowing, 21 calls, to make, 92 delegation of, 56, 152 private company, need not sign consents on appointment, 291 private company, whether ‘ persons in the emplovment of the company,’ 29o prosecution of, in winding up. 257 prospectus to be signed bv, qualification shares, 21, 143 articles may provide as to, 143 defective, acts may be valid notwithstandins contract to be delivered to registrar, ~ - contract to take, as to + gift of, - ~~ bv com