Act Number: 19

Act Name: The Joint-stock Companies Act, 1857

Year: 1857

Enactment Date: 1857-07-10

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

Ministry: Ministry of Corporate Affairs

Department:

Section LXXIV: Fraudulent preference.
    Any conveyance, mortgage, delivery of goods, payment, or other act relating to property, if made, done, or suffered voluntarily by any Company registered under this Act whilst in insolvent circumstance, with a view to give any undue or fraudulent in insolvent circumstances, with a view to give any undue or fraudulent preference to any creditor of such Company, shall be void if made, done, or suffered within three months before the commencement of the winding -up of such Company.
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