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