392
* Building Society ’
use of words in name prohibited, 12
Business
carrying on, by liquidator, 239, 245
certificate of registrar prior to commencing of, 47, 194
borrowing powers suspended until, 194
commencement of, where no public issue, 47
commencement of, where public issue, 44
dquidator assumes control of, 239
application to Court to carry on, 245
may carry on for beneficial winding-up, 239, 245
priority of debts and liabilities in carrying on, 246
right to carry on, what involved in, 246
private companies, privileges as to commencement of, 291
winding-up of company. effect on, 233

INDEX

Calendar year
meaning of, 129
Calls, o1, 93
advance, payable in, 93
amount of, fixed by resolution, 92
amounts received on, how treated in accounts, 173
arrears of, 173
articles usually provide for, g2
balance order, effect on right of action for, 254
company can sue for, 24
directors’ duties as to, 92
may make, 92
resolution to make, form of. 161
due, when, 92
equality among shareholders, 92
forfeiture of shares, liability for unpaid calls notwithstanding,
93, 94
forfeiture of shares; subsequent purchaser, how affected.
81, 82
infant, liability to pay, 105, 108
interest on, 92
letter, form of, 464
liability for interest for overdue calls, 92
power to make, in whom vested, gz
in the nature of a trust, 92
proof in administration by company for, 92
regulations authorising must be strictly observed, 92
resolution to make, form of, 161 “el
must fix amount of and time for payment, 92
set off for, in winding-up, 255
specialty debt, are, 92
time for payment, g2
transferor of shares liable for, 82
implied right of indemnification, 82
voting when calls are due, 136
winding-up, on contributories in, 252, 254
Canada
Dominion Companies Acts in, 828 ef seq.
Provincial Laws, companies under, 831
Alberta, 831
British Columbia, 832