1984 Ed.]

Companies

[CAP. 32

11

Section

Page

(iA) WINDING UP BY THE Court with a Regulating Order

227A. Court may make a regulating order

217

227B. Appointment of liquidator and committee of inspection...

218

227C. Informing creditors and contributories and ascertaining their wishes and directions

219

227D. Compromises and arrangements with creditors

219

227E. Proof of debts

220

(iB) WINDING UP BY COURT BY WAY OF SUMMARY PROCEDURE

227F. Application of Ordinance to small winding-ups

220

(iii) VOLUNTARY WINDING UP

Resolutions for, and commencement of Voluntary Winding Up

228. Circumstances in which company may be wound up voluntarily

221

228A. Special procedure for voluntary winding up in case of inability to continue its business

222

229. Notice of resolution to wind up voluntarily

223

230. Commencement of voluntary winding up

223

Consequences of Voluntary Winding Up

231. Effect of voluntary winding up on business and status of company

223

232. Avoidance of transfers, &c., after commencement of voluntary winding up...

223

Declaration of Solvency

233. Statutory declaration of solvency in case of proposal to wind up voluntarily

223

Provisions applicable to a Members' Voluntary Winding Up

234. Provisions applicable to members' winding up...

224

235. Power of company to appoint and fix remuneration of liquidators

225

235A. Power to remove liquidator...

225

236. Power to fill vacancy in office of liquidators

225

237. Power of liquidator to accept shares, &c. as consideration for sale of property of company

225

237A. Duty of liquidator to call creditors' meeting in case of insolvency..

226

238. Duty of liquidator to call general meeting at end of each year

226

239. Final meeting and dissolution

227

239A. Alternative provisions as to annual and final meetings in case of insolvency

228

Provisions applicable to a Creditors' Voluntary Winding Up

240. Provisions applicable to creditors' winding up

228

241. Meeting of creditors

228

242. Appointment of liquidator

229

243. Appointment of committee of inspection

229

244. Fixing of liquidators' remuneration and cesser of directors' powers

229

245. Power to fill vacancy in office of liquidator

230

246. Application of section 237 to a creditors' voluntary winding up

230

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