Joint Stock Companies Manual for the Use of Shareholders Directors And Office
Joint Stock Companies Manual for the Use of Shareholders Directors And Office
J D Warde
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Se of obtaining the sanction of the company by special le. Solution, or extraonlinary resolution, or for any other purjioses they think fit. WINDING UP OF COMPANIES. 109 (3) In the event of the winding up continuing for more than one year, the liquidators shall summon a general meet- ing of the company at the end of the first year, and of each succeeding year from the commencement of the winding up, or as soon thereafter as may be convenient ; and shall lay before the meeting an account, shewin...g their acts and deal- ings, and the manner in which the winding up has been con- ducted during the preceding year. (4) The liquidator shall also call meetings of the contri- butories whenever required in writing so to do, by the in- spector or five contributories, or by the Court, and he shall state succinctly in the notice calling any meeting the pur- pose thereof. (5) The contributories may, from time to time, at any meeting, determine where subsequent meetings shall be held . And in the absence of such a resolution all meetings of the contributories shall be held at the oflfice of the liquidator or of the company, unless otherwise ordered by the Court.
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