High Court Wellington
29 May; 2 July 1957
Barrowclough CJ
29 May; 2 July 1957
Barrowclough CJ
Company Law — Winding Up — Company in Voluntary Liquidation — Petition for Company to be wound up by Court or for Supervision Order — Principles to be applied — Exercise of Court's Discretion — Order not to be made if Liquidation can be continued with Due Regard to Interests of Creditors or Contributories, unless Other Good Reason shown — Companies Act 1955, ss 219 (2), 300.
Company Law — Practice — Winding Up — Affidavit verifying Petition — Enlargement of Time for filing — Formal Application, supported by Affidavit, to be filed — Companies (Winding-Up) Rules 1956 (SR 1956/215), RR 17, 190.
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