This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1867 edition. Excerpt: ...e our may aso orer any contributory settled on the list to pay any monies due from him or from the estate of the person he represents to the company, exclusively of any calls made in the winding up (g). If the company is limited, payment under this section must be made irrespectively of any set-off; ...
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1867 edition. Excerpt: ...e our may aso orer any contributory settled on the list to pay any monies due from him or from the estate of the person he represents to the company, exclusively of any calls made in the winding up (g). If the company is limited, payment under this section must be made irrespectively of any set-off; but if the company is unlimited, set-off may be allowed in respect of monies due from the company otherwise than on account of dividends or profits (h). The payment of calls is also enforced by a summary order (). All monies ordered to be paid under these sections are to be paid into the Bank of England, unless specially directed to be paid to the official liquidator (k). These summary powers of obtaining money belonging to the company were introduced in the Winding-up act of 1848 (/); and from the decisions on that act it seems to have been thought that these powers ought not to be exercised where there was a serious question as to the right of the company to what was withheld from it (in); but in a recent and difficult case arising under the Joint-stock companies acts, 1856-8, the Master of the Kolls dismissed a bill filed by the liquidators of a company against contributor-ies to compel them to deliver up assets of the company which they claimed as their own; his lordship being of opinion that the proper remedy was by an application to the court of bankruptcy in which the companywas being wound up, and not by a bill in equity (); and this decision was affirmed by Lord Chelmsford on appeal (0). Not exerciseablo The summary powers conferred by the sections alluded to over strangers. above cannot be exercised against a debtor to the company if he is not a contributory, trustee, receiver, banker, or agent or (/) 101. case, 5...
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
