In the event of a company formed under this Act being wound up, every present and past member of such company shall be liable to contribute to the assets of the company to an amount sufficient for payment of the debts and liabilities of the company... Practical Statutes of New Zealand - Page 148by Walter Monro Wilson - 1867 - 1135 pagesFull view - About this book
| Law reports, digests, etc - 1869 - 810 pages
...words which do not relate to past members, the 38th section may be read thus : " Every past member of such company shall be liable to contribute to the...payment of the debts and liabilities of the company." He is therefore declared liable, as he was in truth previously liable, to contribute to the debts and... | |
| Law reports, digests, etc - 1871 - 982 pages
...the event of a company formed under this Act being wound up, every present and past member of suoh company shall be liable to contribute to the assets of the company, to an amount sufficient for the payment of the debts and liabilities of the company, and the costs, charges, and expenses of the... | |
| Law reports, digests, etc - 1857 - 674 pages
...being wound up the contributories shall, whether the company is or not registered as a limited company, be liable to contribute to the assets of the company to an amount sufficient to pay its debts, and the costs, charges, and expenses of winding up the same. Saving Clauset. 18.... | |
| Law reports, digests, etc - 1874 - 1086 pages
...leave nothing to be otherwise provided for. Again, with respect to the liability of past members to contribute to the assets of the company to an amount sufficient for payment (besides debts and liabilities) of " the costs, charges and expenses of the winding up, and of such... | |
| Law reports, digests, etc - 1880 - 1042 pages
...County Bank. The 38tli section of the Companies Act, 1862, makes a member liable to contribate towards payment of the debts and liabilities of the company, and the costs of the winding up and such sums as may be required for the adjustment of the rights of the contribntories... | |
| Great Britain - 1856 - 850 pages
...LXI. In the event of any Company being wound-up by the Court or voluntarily, the existing Shareholders shall be liable to contribute to the Assets of the Company to an Amount sufficient to pay the Debts of the Company, and the Costs, Charges, and Expenses of winding-up the same, jsJith... | |
| Law - 1856 - 612 pages
...61. In the event of any company being wound up by the court or voluntarily, the existing shareholders shall be liable to contribute to the assets of the company to an amount sufficient to pay the debts of the company, and the costs, charges, and expenses of winding up the same, with... | |
| John Duncan (solicitor at law.) - Stock companies - 1856 - 166 pages
...In the event of any company being wound-up by the Court, or voluntarily, the existing shareholders shall be liable to contribute to the assets of the company, to an amount sufficient to pay the debts of the company, with this qualification, that if the company is limited, no contribution... | |
| Great Britain. Parliament. House of Commons - Bills, Legislative - 1857 - 490 pages
...within to general Three Years prior to the Commencement of such Winding-up been Cre<lltor' a Member of such Company shall be liable to contribute to the...Company to an Amount sufficient for Payment of the Debts of 30 the Company contracted with Persons not being Members of the Company, or with Members of the... | |
| Law - 1857 - 754 pages
...being wound up the Contributories shall, whether the Company is or not registered as a Limited Company, be liable to contribute to the Assets of the Company to an Amount sufficient to pay it Debts, and the Costs, Charges, and Expenses of winding up the same. Saving Clauses. Exemption... | |
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