Full text: Secretarial practice

564 SECRETARIAL PRACTICE 
252. Power to apply to court to have questions determined or 
powers exercised. 
253. Power of court in Scotland to stay proceedings against company 
254. Costs of voluntary winding up. 
255. Saving for rights of creditors and contributories. 
(iv) WinpiNG UP SUBJECT TO SupERrvIisiION OF COURT. 
256. Power to order winding up subject to supervision. 
257. Effect of petition for winding up subject to supervision. 
258. Application of ss. 173 and 174 to winding up subject to super- 
vision. 
259. Power of court to appoint or remove liquidators. 
260. Effect of supervision order. 
(v) PROVISIONS APPLICABLE TO EVERY MODE oF WINDING UP. 
Proof and Ranking of Claims. 
261. Debts of all descriptions to be proved. 
262. Application of bankruptcy rules in winding up of insolvent 
English companies. 
263. Ranking of claims in Scotland. 
264. Preferential payments. 
Effect of Winding Up on antecedent and other transactions. 
265. Fraudulent preference. 
266. Effect of floating charge. 
267. Disclaimer of onerous property in case of company wound 
up in England. 
268. Restriction of rights of creditor as to execution or attachment 
in case of company being wound up in England. 
269. Duties of sheriff as to goods taken in execution. 
270. Effect of diligence within sixty days of winding up in case of 
Scottish company and in case of effects in Scotland of 
English company. 
Offences antecedent to ov in course of Winding Up. 
271. Offences by officers of companies in liquidation. 
272. Penalty for falsification of books. 
273. Frauds by officers of companies which have gone into liquida- 
tion. 
274. Liability where proper accounts not kept. 
275. Responsibility of directors for fraudulent trading. 
276. Power of court to assess damages against delinquent directors, 
&c. 
277. Prosecution of delinquent officers and members of company. 
Supplementary Provision as to Winding Up. 
278. Disqualification for appointment as liquidator. 
279. Enforcement of duty of liquidator to make returns, &c. 
28c Notification that a company is in liquidation.
	        
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