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Page 259

CHAPTER 24
WINDING UP SUBJECT TO SUPERVISION OF COURT

in the same position as if he had been appointed in a voluntary winding up (s. 314).
A supervision order must be advertised by the petitioner in the London Gazette within twelve days, and served on such persons and in such manner as the Court directs (r. 41).

Effect of Supervision Order (s. 315).-The effect of a supervision order is to allow the liquidator to wind up the company in the ordinary way as in a voluntary winding up, subject only to any restrictions imposed by the order. The liquidator can exercise all the powers of a liquidator in a voluntary winding up without the sanction of the Court, but in those cases in which he requires sanction in a voluntary winding up (ante, p. 255) the sanction of the Court is substituted or, where before the order the winding up was a creditors' voluntary winding up, the sanction of the Court or of the committee of inspection or, if there is no committee, of a meeting of the creditors.
The Act provides that various sections applicable to a compulsory liquidation, which are set out in the Eleventh Schedule to the Act, are not to apply to a winding up under supervision, but subject to those exceptions a supervision order is for all purposes deemed to be an order for winding up by the Court.
The commencement of a winding up subject to the supervision of the Court is the date of the resolution for voluntary winding up.

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where is HTML where is HEAD where is TITLE in what is same position as if he had been appointed in a voluntary winding up (s. 314). A supervision order must be advertised by what is petitioner in what is London Gazette within twelve days, and served on such persons and in such manner as what is Court directs (r. 41). Effect of Supervision Order (s. 315).-The effect of a supervision order is to allow what is liquidator to wind up what is company in what is ordinary way as in a voluntary winding up, subject only to any restrictions imposed by what is order. what is liquidator can exercise all what is powers of a liquidator in a voluntary winding up without what is sanction of what is Court, but in those cases in which he requires sanction in a voluntary winding up (ante, p. 255) what is sanction of what is Court is substituted or, where before what is order what is winding up was a creditors' voluntary winding up, what is sanction of what is Court or of what is committee of inspection or, if there is no committee, of a meeting of what is creditors. what is Act provides that various sections applicable to a compulsory liquidation, which are set out in what is Eleventh Schedule to what is Act, are not to apply to a winding up under supervision, but subject to those exceptions a supervision order is for all purposes deemed to be an order for winding up by what is Court. what is commencement of a winding up subject to what is supervision of what is Court is what is date of what is resolution for voluntary winding up. 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 259 where is strong CHAPTER 24 WINDING UP SUBJECT TO SUPERVISION OF COURT where is p align="justify" in what is same position as if he had been appointed in a voluntary winding up (s. 314). A supervision order must be advertised by what is petitioner in the London Gazette within twelve days, and served on such persons and in such manner as what is Court directs (r. 41). Effect of Supervision Order (s. 315).-The effect of a supervision order is to allow what is liquidator to wind up what is company in the ordinary way as in a voluntary winding up, subject only to any restrictions imposed by what is order. what is liquidator can exercise all what is powers of a liquidator in a voluntary winding up without what is sanction of what is Court, but in those cases in which he requires sanction in a voluntary winding up (ante, p. 255) what is sanction of what is Court is substituted or, where before what is order what is winding up was a creditors' voluntary winding up, what is sanction of what is Court or of what is committee of inspection or, if there is no committee, of a meeting of what is creditors. what is Act provides that various sections applicable to a compulsory liquidation, which are set out in what is Eleventh Schedule to the Act, are not to apply to a winding up under supervision, but subject to those exceptions a supervision order is for all purposes deemed to be an order for winding up by what is Court. what is commencement of a winding up subject to what is supervision of what is Court is what is date of what is resolution for voluntary winding up. where is Server.Execute("_SiteMap.asp") %

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