The Statutes of Western Australia [1832-1895]

The Statutes of Western Australia [1832-1895]

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1896 edition. Excerpt: ...alleged to be subsidiary, is not in process of being wound up at the same time as the principal company to which it is subsidiary, the Court shall not direct such subsidiary company to be wound up unless, after hearing all objections (if any) that may be urged by or on behalf of such company against its being wound up, the Court is of opinion that such company is subsidiary to the principal company, and that the winding up of such company in conjunction with the principal company is just and equitable. 55. An application may be made in relation to the winding up of any subsidiary company in conjunction with a principal company by any creditor or policy-holder of, or person interested in, such principal or subsidiary company. 56. Where a company stands in the relation of a principal company to one company, and in the relation of a subsidiary company to some other company, or where there are several companies standing in the relation of subsidiary companies to one principal company, the Court may deal with any number of such companies, together or in separate groups, as it thin s most expedient, upon the principles laid down in lihlfl section. VOL. II. E E Winding up of subsidiary comPally Oontracts of insolvent company may be reduced Provision in case 01 subsidiary company not being in process of winding up Application for winding up subsidiary company Grouping 0! companies Valuation of policies Notice of Valuation to be given Notices to policy-holders Statements to be laid before Legislative Council Probate or ullmiuistmtlou may be dispensed with in certain cases Reedpts of executors or administrators valid discharges Assignment of policies Notice and registration Life Assurance Cmnpanies 57. Where a company is being wound up by the...show more

Product details

  • Paperback | 398 pages
  • 189 x 246 x 21mm | 708g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236800362
  • 9781236800367