Power to stay proceedings extends creditor applications to actions against contributories during pendency of a winding up petition. Power to stay or restrain suits and other legal proceedings after presentation of a winding up petition and before a winding up order is made extends, for ... Summary
Power to stay proceedings extends creditor applications to actions against contributories during pendency of a winding up petition.
Power to stay or restrain suits and other legal proceedings after presentation of a winding up petition and before a winding up order is made extends, for companies registered under this Part, to suits and other legal proceedings against any contributory where the application to stay or restrain is made by a creditor.
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