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