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    <title>Effect of winding up order.</title>
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    <description>A Tribunal order for the winding up of a company operates in favour of all creditors and all contributories of the company, and is treated as if made on the joint petition of creditors and contributories, thereby consolidating the legal position of those classes in the winding up.</description>
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      <description>A Tribunal order for the winding up of a company operates in favour of all creditors and all contributories of the company, and is treated as if made on the joint petition of creditors and contributories, thereby consolidating the legal position of those classes in the winding up.</description>
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