Section 279. Stay of suits, etc., on winding up order

(1) When a winding up order has been passed or a provisional liquidator hasĀ been appointed, no suit or other legal proceeding shall be commenced, or if pending at the date of the winding up order, shall be proceeded with, by or against the company, except with the leave of the Tribunal and subject to such … Continue reading Section 279. Stay of suits, etc., on winding up order