Section LXXXIII

Power of Court to grant injunction

The Joint-stock Companies Act, 1857

  • Act 19 of 1857
  • Ministry of Corporate Affairs
About this Act

An Act to make better provision for the order and good government of the Suburbs of Calcutta and of the station of Howrah.

All sections
    The Court may, at any time after the presentation of petition for winding-up the same Company, and either before or after making an order for winding-up the same, upon e application of any creditor or contributory of such. Company, restrain. further proceedings in any action or suit against the Company, or appoint a receiver of the estate and effects of the Company ; it may also, by notice or advertisement, require all creditors to present and prove their claims within a certain time, or be precluded from the benefit of any distribution which may be made before such claim is proved.
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