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Page 257

CHAPTER 23
VOLUNTARY WINDING UP

2. Acceded to by three-fourths in number and value of the creditors.
Any creditor or contributory may, within three weeks of the completion of the arrangement, appeal to the Court against it, and the Court may confirm or vary the arrangement as it thinks just. A composition by the company with its creditors with the intention of making the company solvent and preventing a winding up is not an arrangement within the meaning of the section.(9)

SUMMARY
Members' Voluntary Winding Up.
I. Notice of meeting to pass winding-up resolution.
No meeting of creditors called.
2. Declaration of solvency made (may be done after notice of meeting to pass
winding-up resolution is sent out).
3. Declaration of solvency filed with Registrar. 4. Resolution passed and liquidator appointed.
Company ceases to carry on business except for winding up.
Corporate existence continues.
No transfer of shares without liquidator's consent.
Powers of directors cease. 5. Resolution filed with Registrar.
Gazetted within seven days.
Notice of liquidator's appointment given within twenty-one days.
6. At end of each year, within three months meeting of company summoned and
accounts submitted.
7. Final meeting advertised in Gazette.
S. General meeting called within one month. 9. Accounts filed with Registrar.
10. Company dissolved three months from filing of accounts.

Creditors' Voluntary Winding Up.
1. Notice of meeting to pass winding-up resolution.
Meeting of creditors summoned.
2. Resolution passed and liquidator and committee of inspection appointed.
[Consequences, as in 4 above.]
3. Resolution filed with Registrar.
Other proceedings as in members' voluntary winding up, but meetings of credituas
are summoned in addition to meetings of the company.

9 Re Contal Radio, Ltd., (19321,2 Ch. UG.

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where is HTML where is HEAD where is TITLE 2. Acceded to by three-fourths in number and value of what is creditors. Any creditor or contributory may, within three weeks of what is completion of what is arrangement, appeal to what is Court against it, and what is Court may confirm or vary what is arrangement as it thinks just. A composition by what is company with its creditors with what is intention of making what is company solvent and preventing a winding up is not an arrangement within what is meaning of what is section.(9) SUMMARY Members' Voluntary Winding Up. I. Notice of meeting to pass winding-up resolution. No meeting of creditors called. 2. Declaration of solvency made (may be done after notice of meeting to pass winding-up resolution is sent out). 3. Declaration of solvency filed with Registrar. 4. Resolution passed and liquidator appointed. Company ceases to carry on business except for winding up. Corporate existence continues. No transfer of shares without liquidator's consent. Powers of directors cease. 5. Resolution filed with Registrar. Gazetted within seven days. Notice of liquidator's appointment given within twenty-one days. 6. At end of each year, within three months meeting of company summoned and accounts submitted. 7. Final meeting advertised in Gazette. S. General meeting called within one month. 9. Accounts filed with Registrar. 10. Company dissolved three months from filing of accounts. Creditors' Voluntary Winding Up. 1. Notice of meeting to pass winding-up resolution. Meeting of creditors summoned. 2. Resolution passed and liquidator and committee of inspection appointed. [Consequences, as in 4 above.] 3. Resolution filed with Registrar. Other proceedings as in members' voluntary winding up, but meetings of credituas are summoned in addition to meetings of what is company. 9 Re Contal Radio, Ltd., (19321,2 Ch. UG. where is meta name="keywords" content="old books, Free book , free book offer , free audio books , free coloring book pages , free book reports , free audio book , audio books free download , book free , free guest book , books free , free book summaries , download free audio books , free childrens books." where is where are they now rel="stylesheet" type="text/css" href="../../style.css" where is meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" where is BODY bgColor=#ffffff text="#000000" where are they now ="#000000" v where are they now ="#FF0000" where is div align="center" where is strong where is strong where is a href="http://www.aaoldbooks.com" Books > where is a href="../default.asp" title="Book" Old Books > where is strong where is a href="default.asp" Poetry Northwest (1959) where is table width="700" border="1" align="center" cellpadding="15" cellspacing="0" where is center where is tr where is td width="160" align="center" valign="top" where is div align="center" where is td align="center" valign="top" where is div align="left" where is div align="center" where is p align="left" Page 257 where is strong CHAPTER 23 VOLUNTARY WINDING UP where is p align="justify" 2. Acceded to by three-fourths in number and value of what is creditors. Any creditor or contributory may, within three weeks of what is completion of what is arrangement, appeal to what is Court against it, and what is Court may confirm or vary what is arrangement as it thinks just. A composition by what is company with its creditors with what is intention of making what is company solvent and preventing a winding up is not an arrangement within what is meaning of what is section.(9) SUMMARY Members' Voluntary Winding Up. I. Notice of meeting to pass winding-up resolution. No meeting of creditors called. 2. Declaration of solvency made (may be done after notice of meeting to pass winding-up resolution is sent out). 3. Declaration of solvency filed with Registrar. 4. Resolution passed and liquidator appointed. Company ceases to carry on business except for winding up. Corporate existence continues. No transfer of shares without liquidator's consent. Powers of directors cease. 5. Resolution filed with Registrar. Gazetted within seven days. Notice of liquidator's appointment given within twenty-one days. 6. At end of each year, within three months meeting of company summoned and accounts submitted. 7. Final meeting advertised in Gazette. S. General meeting called within one month. 9. Accounts filed with Registrar. 10. Company dissolved three months from filing of accounts. Creditors' Voluntary Winding Up. 1. Notice of meeting to pass winding-up resolution. Meeting of creditors summoned. 2. Resolution passed and liquidator and committee of inspection appointed. [Consequences, as in 4 above.] 3. Resolution filed with Registrar. Other proceedings as in members' voluntary winding up, but meetings of credituas are summoned in addition to meetings of what is company. 9 Re Contal Radio, Ltd., (19321,2 Ch. UG. where is Server.Execute("_SiteMap.asp") %

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