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Bection.

133.

134.

Effect of winding-up order.

Commencement of winding up by court,

135. Power to stay or restrain proceedings against company, 136. Powers of court on hearing petition.

137.

Actions stayed on winding-up order,

138. Copy of order to be forwarded to registrar.

139. Power of court to stay winding up.

140.

Court may have regard to wishes of creditors or contributories.

Official Receiver.

141. Deânition of official receiver.

142. Statement of company's affairs to be submitted to official

receiver.

143. Report by official receiver.

144.

Liquidators.

Appointment, remuneration, and title of liquidators.

145. Custody of company's property.

146.

148.

149.

Powers of liquidator.

147. Meetings of creditors and contributories in winding up.

Liquidator to give information to official receiver. Parrot Penidatge in winding na lato benk. À quse of tispardar's accomms in winding uɔ. Books to be kept by liquidator in winding up.

1.0. 151.

152. Release of liquidators.

153. Exercise and control of liquidator's powers.

154. Control over liquidators,

Committee of Inspection, Special Manager, Receiver.

155. Committee of inspection in winding up.

156. Power to ap:oint special manager,

157. Power to appoint official receiver as receiver for debenture

holders or creditors.

Ordinary Powers of Court,

Settlement of list of contributories and application of assets. Power to require delivery of property.

Power to order payment of debts by contributory.

158.

159.

169.

161.

Power of court to make calls.

162.

Power to order payment into bank.

163.

Order on contributory conclusive evidence,

161.

Power to exclude creditors not proving in time.

165.

166.

167.

Adjustment of rights of contributories.

Power to order costs.

Dissolution of company.

168. Delegation to liquidator of certain powers of court,

169.

Extraordinary Powers of Court.

Power to sumon persons suspected of having property of

company.

170. Power to order public examination of promoters, directors, &c. 171. Power to arrest absconding contributory.

172. Powers of court cumulative.

173.

174.

175.

176.

Enforcem nt of and Appeal from Orders.

Power to enforce orders.

Appeals from order.

Voluntary Winding Up.

Circumstances in which company may be wound up volun-

tarily.

Commencement of voluntary winding up.

177. Elect of voluntary winding up on status of company.

178.

Notice of resolution to wind ap voluntarily. Consequeares of voluntary winding up.

179. 180. Notice by liquidator of his appointment,

181.

182.

Rights of creditors in a voluntary winding up. Power to fill vacancy in office of liqui lator, 183. Delegation of authority to appoint liquidators.

Arrangeme it when binding on creditors,

Power of liquid ttor to accept shares, &c. as consideration for

sale of property of company.

184.

185.

186.

Power to apply to court.

187.

Power of liquidator to call general meeting.

188.

Final meeting and dissolution,

189.

Costs of voluntary liquidation.

190, Saving for rights of creditors and contributories.

191.

Power of court to adopt proceedings of voluntary winding up.

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