Winding up of an unregistered companies Subject to the condition of this section, any unregistered company may be wound up of this clause, in such manner as may be imposed. The whole conditions of this section with respect to winding up shall assign to an unregistered company with the exclusions and additions specified in sub-sections …
Management of administration
The management and administration of an company may have certain restrictions. It contains all authorities to the directors. Provisions as to resolutions for appointing or removing auditors management Where observation is assigned of such declaration and the retiring auditor creates with respect thereto statements in writing to the company and desires their declaration to company …
Application of insolvency rules in winding up of insolvent companies
In the winding-up of application insolvency company, the same rules shall prevail and be noticed with regard to: Debts provable The valuation of future and annuities and contingent liabilities The special rights of secured and unsecured creditors Application insolvency rules in winding up of insolvent companies Provided that the security of all secured creditor shall …
Obligations of companies registering under the section 374
Every company registration has done under the section 374 and this part shall have: Check that secured individuals of the company, previous to its registration under this section shall have either confirmation or no objection to company registration under this section. Issue in a newspaper, advertising your details of your local language and English is …
