Directions as to property in certain cases.

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....ertain cases. 588. (1) If an unregistered company has no power to sue and be sued in a common name, or if for any reason it appears expedient, the ^[1][Tribunal] may, by the winding up order or by ....

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.... such indemnity, if any, as the 1[Tribunal] may direct, bring or defend in his official name any suit or legal proceeding relating to that property, or which it is necessary to bring or defend for the....