Insolvency Act · s 108

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108.
Consequences of winding up order
(1) On the making of a winding up order, a copy of the order must forthwith be forwarded by the company (or otherwise as may be prescribed)
to the Registrar, who shall enter it in his records relating to the company.
(2) When a winding up order has been made or a provisional liquidator has been appointed, no action or proceeding shall be proceeded with or commenced against the company or its property, except by leave of the Court and subject to such conditions as the Court may impose.
(3) When an order has been made for winding up a company registered but not incorporated under the Companies Act (Chapter 39), no action or proceeding shall be commenced or proceeded with against the company or its property or any contributory of the company, in respect of

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any debt of the company, except by leave of the Court, and subject to such conditions as the Court may impose.
(4) An order for winding up a company operates in favour of all the creditors and all contributories of the company as if made on the joint petition of a creditor and of a contributory.
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s 108Consequences of winding up order

(1)

On the making of a winding up order, a copy of the order must forthwith be forwarded by the company (or otherwise as may be prescribed)

to the Registrar, who shall enter it in his records relating to the company.

(2)

When a winding up order has been made or a provisional liquidator has been appointed, no action or proceeding shall be proceeded with or commenced against the company or its property, except by leave of the Court and subject to such conditions as the Court may impose.

(3)

When an order has been made for winding up a company registered but not incorporated under the Companies Act (Chapter 39), no action or proceeding shall be commenced or proceeded with against the company or its property or any contributory of the company, in respect of

Insolvency 94

any debt of the company, except by leave of the Court, and subject to such conditions as the Court may impose.

(4)

An order for winding up a company operates in favour of all the creditors and all contributories of the company as if made on the joint petition of a creditor and of a contributory.

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