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" Whenever the court is of opinion that it is just and equitable that the company should be wound up. "
Reports of Cases in Chancery, Argued and Determined in the Rolls Court ... - Page 398
by Great Britain. Court of Chancery, Charles Beavan - 1868
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Acts of the Parliament of South Australia

South Australia - 1893 - 234 lehte
...are reduced in number to less than five: iv. When the Company is unable to pay its debts : v. When the Court is of opinion that it is just and equitable that the Company should be wound up. 106. A Company shall be deemed unable to pay its debts — i. When a creditor, by assignment or otherwise,...
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Acts of the Parliament of South Australia

South Australia - 1881 - 616 lehte
...or of any part thereof, with intent to defeat or delay its creditors : vi. When the Court shall be of opinion that it is just and equitable that the company should be wound up. ^3. A company under this part of this Act shall be deemed unable to pay its debts — i. When a creditor...
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The Law and Practice of Joint Stock Companies and Other Associations, as ...

Edward William Cox - 1862 - 584 lehte
...be regarded as unable to pay its debts, simply because it has not paid a debt which it disputes. (3) Whenever the court is of opinion that it is just and equitable."] — Several cases showing what have or have not been deemed to be sufficient grounds for a winding-up...
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International Commercial Law: Being the Principles of Mercantile ..., 1. köide

Leone Levi - 1863 - 570 lehte
...only for the purpose of winding up its affairs, b. Whenever the company is unable to pay its debts. c. Whenever the Court is of opinion that 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 to pay its debts,...
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International Commercial Law: Being the Principles of Mercantile Law of the ...

Leone Levi - 1863 - 572 lehte
...only for the purpose of winding up its affairs, b. Whenever the company is unable to pay its debts. e. Whenever the Court is of opinion that 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 to pay its debts,...
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The Law of Joint Stock Companies: Containing the Companies Act, 1862, and ...

Leonard Shelford - 1863 - 680 lehte
...the purpose of winding-up its affairs ; (6.) Whenever the company is unable to pay its debts ; (c.) Whenever the court is of opinion that 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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Joint Stock Companies: Being a Practical Treatise on Their Formation ...

Richard Spearman E. Farries - 1865 - 206 lehte
...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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A Manual on the Winding Up of Companies by the Court of Chancery: Under the ...

Joseph Smith Taylor - 1865 - 518 lehte
...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 : 80. A Company under this Act shall be deemed to be unable to pay its debts, (1). Whenever a creditor,...
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Annals of British Legislation: Being a Classified and Analysed ..., 14. köide

Leone Levi - 1865 - 586 lehte
...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. A company under this Act shall be deemed to be unable to pay its debts — (1.) Whenever a creditor,...
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Ordinances of Hongkong 1844-65

Hong Kong. Legislative Council - 1866 - 626 lehte
...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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