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" Whenever the Court is of opinion that it is just and equitable that the company should be wound up. "
Winding-up forms and practice - Page 61
by Francis Beaufort Palmer - 1904
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The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ...

Law reports, digests, etc - 1869 - 810 pages
...to pay its debts. But then, in the Companies' Act, 1862, s. 79, clause 5, is the expression, " when the Court is of opinion that it is just and equitable that the company be wound up." Now, in In re the Suburban Hotel Company, I thought that, where the company was suffering...
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The Law of Joint Stock Companies: Containing the Companies Act, 1862, and ...

Leonard Shelford - Corporation law - 1863 - 680 pages
...court (c) ; (3.) The circumstances under which an unregistered company may be wound-up are as follows ; (that is to say,) (a.) Whenever the company is dissolved,...it is just and equitable that the company should be wound-up : (4.) An unregistered company shall, for the purposes of this act, be deemed to be unable...
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International Commercial Law: Being the Principles of Mercantile ..., Volume 1

Leone Levi - Commercial law - 1863 - 570 pages
...members are reduced in number to less than seven. 4. Whenever the company is unable to pay its debts. 5. Whenever the Court is of opinion that it is just and equitable that the company should be wound up. Company A company under this Act is deemed to be unable to pay its unable to'pay debts : — 1. Whenever...
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International Commercial Law: Being the Principles of Mercantile Law of the ...

Leone Levi - Commercial law - 1863 - 572 pages
...members are reduced in number to less than seven. 4. Whenever the company is unable to pay its debts. 5. Whenever the Court is of opinion that it is just and equitable that the company should be wound up. Company A company under this Act is deemed to be unable to pay its unable toTmv debts : — 1- Whenever...
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The Companies Act, 1862, with Analytical References and Copious Index ...

Anthony Pulbrook - 1865 - 238 pages
...are reduced in number to less than seven :0 4. Whenever the company is unable to pay its debts :f 5. Whenever the court" is of opinion that it is just and equitable that the company should be wound up. a Definition of the court, sec. 81. b Application to wind up to be made by petition, sec. 82. " Definition...
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Joint Stock Companies: Being a Practical Treatise on Their Formation ...

Richard Spearman E. Farries - Corporation law - 1865 - 206 pages
...members are less than seven in number: (4.) Whenever the company is unable to pay its debts:* (5.) Whenever the court is of opinion that it is just and equitable that the company should be wound up. * A company shall be deemed to be unable to pay its debts, (S. 80.) (1.) When any creditor of the company,...
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Annals of British Legislation: Being a Classified and Analysed ..., Volume 14

Leone Levi - Legislation - 1865 - 586 pages
...are reduced in number to less than seven. (4.) Whenever the company is unable to pay its debts. (5.) Whenever the court is of opinion that it is just and equitable that the company should be wound np. A company under this Act shall be deemed to be unable to pay its debts — (1.) Whenever a creditor,...
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A Manual on the Winding Up of Companies by the Court of Chancery: Under the ...

Joseph Smith Taylor - Bankruptcy - 1865 - 518 pages
...carry on business, or is carrying on business only for the purpose of winding up ,ts affairs ; (6). Whenever the Company is unable to pay its debts ; (c). Whenever the Court is of opinion that ,t is just and equitable that the Company should be wound up : (4). An unregistered Company shall,...
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Ordinances of Hongkong 1844-65

Hong Kong. Legislative Council - 1866 - 626 pages
...reduced in Number to less than Seven : (4.) Whenever the Company is unable to pay its Debts : (5.) Whenever the Court is of opinion- that it is just and equitable that the Company should be wound up. LXXVIII. A Company under this Ordinance shall be deemed to be unable to pay its Debts, (1.) Whenever...
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A Treatise on the Law of Partnership and Joint-stock Companies ..., Volume 2

Francis William Clark - Partnership - 1866 - 606 pages
...reduced in number to less than seven : (4.) Whenever the company is unable to pay its debts : (5.) Whenever the Court is of opinion that it is just and equitable that the company should be wound up. LXXX. A company under this Act shall be deemed to be unable to pay its debts, (1.) Whenever a creditor,...
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