Insolvency Act · s 174

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174.
Dissolution after voluntary winding up
(1) This section applies, in the case of a company wound up voluntarily, where the liquidator has sent to the Registrar his final account and return under section 75 or 87.

Insolvency 138
(2) The Registrar on receiving the account and return shall forthwith register them; and on the expiration of 3 months from the registration of the return, the company is deemed to be dissolved.
(3) The Court may, on the application of the liquidator or any other person who appears to the Court to be interested, make an order deferring the date at which the dissolution of the company is to take effect for such time as the Court thinks fit.
(4) It is the duty of the person on whose application an order of the
Court under this section is made, within 7 days after the making of the order, to deliver to the Registrar a copy of the order for registration; and if that person fails to do so, he is guilty of an offence and liable on conviction to a fine not exceeding $10,000, and, in the case of a continuing offence, with a further fine not exceeding $500 for every day or part thereof during which the offence continues after conviction.

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s 174Dissolution after voluntary winding up

(1)

This section applies, in the case of a company wound up voluntarily, where the liquidator has sent to the Registrar his final account and return under section 75 or 87.

Insolvency 138

(2)

The Registrar on receiving the account and return shall forthwith register them; and on the expiration of 3 months from the registration of the return, the company is deemed to be dissolved.

(3)

The Court may, on the application of the liquidator or any other person who appears to the Court to be interested, make an order deferring the date at which the dissolution of the company is to take effect for such time as the Court thinks fit.

(4)

It is the duty of the person on whose application an order of the

Court under this section is made, within 7 days after the making of the order, to deliver to the Registrar a copy of the order for registration; and if that person fails to do so, he is guilty of an offence and liable on conviction to a fine not exceeding $10,000, and, in the case of a continuing offence, with a further fine not exceeding $500 for every day or part thereof during which the offence continues after conviction.