Full text: Secretarial practice

COMPANIES ACT, 192: 
657 
(2) In any other case, the winding up of a company by the 
court shall be deemed to commence at the time of the presentation 
of the petition for the winding up. 
Consequences of Winding-up Order. 
176. On the making of a winding-up order, a copy of the order 
must forthwith be forwarded by the company, or otherwise as may 
be prescribed, to the registrar of companies, who shall make a 
minute thereof in his books relating to the company. 
177. When a winding-up order has been made, or a provisional Actions stayed 
liquidator has been appointed, no action or proceeding shall be o%¥ndirg-up 
proceeded with or commenced against the company except by 
leave of the court, and subject to such terms as the court may impose. 
Copy of order to 
oe forwarded to 
registrar. 
178. An order for winding up a company shall operate in favour Effect of ind 
of all the creditors and of all the contributories of the company "&"P reer 
as if made on the joint petition of a creditor and of a contributory. 
Official Receiver in English Winding Up. 
179.—(1) For the purposes of this Act so far as it relates to the Official receiver 
winding up of companies by the court in England, the term “official pankupley 
receiver” means the official receiver, if any, attached to the court receiver for 
for bankruptcy purposes, or, if there is more than one such official Sw 
receiver, then such one of them as the Board of Trade may appoint, 
or, if there is no such official receiver, then an officer appointed for 
the purpose by the Board. 
(2) Any such officer shall for the purpose of his duties unde 
this Act be styled ‘‘ the official receiver ”’ 
180. If in the case of the winding up of any company by the 
court in England it appears to the court desirable, with a view to 
securing the more convenient and economical conduct of the winding 
up, that some officer, other than the person who would by virtue 
of the last foregoing section of this Act be the official receiver, should 
be the official receiver for the purposes of that winding up, the 
court may appoint that other officer to act as official receiver in 
that winding up, and the person so appointed shall be deemed to 
be the official receiver in that winding up for all the purposes of this 
Act. 
181.—(1) Where the court in England has made a winding-up 
order or appointed a provisional liquidator, there shall, unless the 
court thinks fit to order otherwise and so orders, be made out and 
submitted to the official receiver a statement as to the affairs of the 
company in the prescribed form, verified by affidavit, and showing 
the particulars of its assets, debts, and liabilities, the names, resi- 
dences, and occupations of its creditors, the securities held by them 
respectively, the dates when the securities were respectively given, 
and such further or other information as may be prescribed or as 
the official receiver mav require 
Appointment ot 
official receiver 
by Court in 
certain cases. 
Statement of 
company’s 
affairs to be 
submitted to 
official receiver
	        
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