In force2022 Revised EditionCurrent version · 2022 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Insolvency Act · 2022 Revised Edition · Chapter VI
Insolvency Act · 2022 Revised Edition · Chapter VI
Official textFrom Attorney General's Chambers, unchanged
In a winding up by the Court, any disposition of the property of the company, and any transfer of shares, or alteration in the status of the members of the company, made after the commencement of the winding up is, unless the Court otherwise orders, void.
Court
“Court”, in relation to a company, means a court having jurisdiction to wind up the company;
Avoidance of attachments etc.
company
“company” means a company incorporated or registered under the Companies Act;
Court
“Court”, in relation to a company, means a court having jurisdiction to wind up the company;
property
“property”, in relation to a company, includes money, goods, things in action and every description of property, whether real or personal, and whether in Brunei Darussalam or elsewhere, and also obligations and every description of interest whether present or future or vested or contingent arising out of, or incidental to, property.
Part