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" The property of the company shall be applied in satisfaction of its liabilities pari passu, and, subject thereto, shall, unless it be otherwise provided by the regulations of the company, be distributed amongst the members according to their rights and... "
The Law Journal for the Year 1832-1949: Comprising Reports of Cases in the ... - Page 503
1871
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Annals of British Legislation: Being a Classified and Analysed ..., Volume 14

Leone Levi - Legislation - 1865 - 586 pages
...herein-before defined. The following consequences ensue upon the voluntary winding-up of a company: — (1.) The property of the company shall be applied in satisfaction of its liabilities, pari paiKU, and, subject thereto, shall, unless it be otherwise provided by the regulations of the company,...
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The Weekly Notes, Volume 54

Law - 1919 - 740 pages
...Companies (Consolidation) Act, 1908, provides that on a voluntary winding up the company's property shall be applied in satisfaction of its liabilities pari passu, and subject thereto shall, unless the articles otherwise provide, be distributed among the memi-ers according to their rights and intereste...
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A Treatise on the Law of Partnership and Joint-stock Companies ..., Volume 2

Francis William Clark - Partnership - 1866 - 606 pages
...Gazette. CXXXIII. The following consequences shall ensue upon the voluntary winding up of a company : (1.) The property of the company shall be applied in satisfaction of its liabilities pari jiassu, and, subject thereto, shall, unless it be otherwise provided by the regulations of the company,...
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Ordinances of Hongkong 1844-65

Hong Kong. Legislative Council - 1866 - 626 pages
...wind up voluntarily. Consequence of volunlary Winding-up. Companies, Sfc. (Part IV. Winding-up.) (1.) The Property of the Company shall be applied in Satisfaction of its Liabilities part passit, and, subject thereto, shall, unless it be otherwise provided by the Regulations of the...
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A Manual of the Law Relating to Industrial and Provident Societies, in Their ...

Henry Frederick Alexander Davis - Fraternal organizations - 1869 - 284 pages
...Gazette. 133. The following consequences shall ensue upon the voluntary winding up of a company : — (1.) The property of the company shall be applied in satisfaction...according to their rights and interests in the company : (3.) The company in general meeting shall appoint such persons or person as it thinks fit to be liquidators...
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Pollock's Practice of the County Courts: With the Decisions of the ..., Page 776

Charles Edward Pollock - Civil procedure - 1870 - 950 pages
...shall ensue upon the voluntary winding- CoracquenccH of up of a company : voluntary windmg-up. (1.) The property of the company shall be applied in satisfaction of its liabilities pari panv, and, subject thereto, shall, unless it be otherwise provided by the regulations of the company,...
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Statutes of the Province of British Columbia

British Columbia - Law - 1911 - 600 pages
...Companies Act," and all the assets and properties of the trust company shall in the first Penalty. place be applied in satisfaction of its liabilities pari passu, and subject thereto shall, in accordance with the provisions of the charter and regulations of the company in that behalf, be...
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The Law and Practice Under the Companies Acts: 1862, 1867, 1870, and the ...

Henry Burton Buckley (Baron Wrenbury), Burton H. Buckley - Corporation law - 1873 - 576 pages
...C. ?. 504. (<;) lie London, Bombay, and Mediterranean Rank, Draw's Case, 36 L. J(Ch.) 785. faction of its liabilities pari passu, and, subject thereto,...according to their rights and interests in the company (a) : (2.) Liquidators shall be appointed for the purpose of winding up the affairs of the company...
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Public General Statutes of the Colony of Victoria

Victoria - Law - 1875 - 926 pages
...0« 116. The following consequences shall ensue upon the voluntary winding up of a company : — (i.) The property of the company shall be applied in satisfaction of its liabilities part passu; and subject thereto shall (unless it be otherwise provided by the regulations of the company)...
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The Statutes: 25 & 26 Victoria to 28 & 29 Victoria: 1862

Great Britain - Law - 1878 - 1320 pages
...following consequences shall ensue upon the voluntary winding- Consequences up of a company : (1.) The property of the company shall be applied in satisfaction...by the regulations of the company, be distributed Effect of windinp-up on sharo capital of company limited by guarantee. 1'ower of company to delegate...
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